{"id":3792,"date":"2021-06-11T10:00:28","date_gmt":"2021-06-11T14:00:28","guid":{"rendered":"https:\/\/bestcasinos.co.nz\/?p=3792"},"modified":"2021-06-13T06:10:29","modified_gmt":"2021-06-13T10:10:29","slug":"evolutions-first-quarter-shows-phenomenal-growth","status":"publish","type":"post","link":"https:\/\/bestcasinos.co.nz\/evolutions-first-quarter-shows-phenomenal-growth\/","title":{"rendered":"Evolution\u2019s first quarter shows phenomenal growth"},"content":{"rendered":"<p>Live casino and online gaming specialist, Evolution, recently dropped a press release, detailing financial standing after the acquisition of NetEnt.<\/p>\n<p>The provider, which is also currently in the process of acquiring Big Time Gaming, reported a spectacular 105% year-on-year revenue increase for the first quarter of 2021 with its live casino offerings contributing 60% of the total growth.<\/p>\n<p>The reported EBITDA was also significantly increased by an amazing 150% to \u20ac160.1 million across the first quarter of 2021, compared to the same period in 2020. This all translated to an increase in profit from 144% to \u20ac132 million.<\/p>\n<p><strong>Building capacity<\/strong><\/p>\n<p>Aside from Evolution\u2019s <a
href=\"https:\/\/bestcasinos.co.nz\/probe-into-netent-evolution-gaming-casino-merger\/\">acquisition<\/a> of iGaming giant NetEnt, the company has also recently launched a live casino in Michigan and broken ground on the construction of two new live dealer studios in North America and the other in Europe.<\/p>\n<p>The company\u2019s consistent growth has made it one of the largest employers in the iGaming industry, with over 10,000 workers currently in the payroll.<\/p>\n<p>Perhaps the most significant recent news for the brand is its in-progress acquisition of Big Time Gaming that is expected to be finalised near the second quarter of 2021.<\/p>\n<p><strong>Good omens<\/strong><\/p>\n<p>Evolution recently released its first online gaming collaboration with NetEnt in the form of the innovative <a
href=\"https:\/\/bestcasinos.co.nz\/game\/gonzos-quest\/\">Gonzo<\/a>\u2019s Treasure Hunt Live, a title that is generating serious industry buzz thanks to its advanced features and unique gameplay.<\/p>\n<p>The company\u2019s regional growth has also been overwhelmingly positive, with North America showing the most significant upswing with revenues that have more than doubled over the last quarter. Europe, Asia, and the United Kingdom have also displayed encouraging growth.<\/p>\n<p>Evolution\u2019s buoyant fortunes are expected to persist for the foreseeable future, particularly with the Big Time Gaming acquisition nearing completion. Since it managed to acquire NetEnt, Evolution\u2019s has experienced remarkable revenue growth with an increase of 22.1.<\/p>\n<p><img
loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3793\" src=\"https:\/\/bestcasinos.co.nz\/wp-content\/uploads\/2021\/06\/Gonzos-Treasure-Hunt-Live.png\" alt=\"\" width=\"1409\" height=\"478\" \/><\/p>\n<p>\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live casino and online gaming specialist, Evolution, recently dropped a press release, detailing financial standing after the acquisition of NetEnt. The provider, which is also currently in the process of acquiring Big Time Gaming, reported a spectacular 105% year-on-year revenue increase for the first quarter of 2021 with its live casino offerings contributing 60% of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1400,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[69,1801],"tags":[],"class_list":{"0":"post-3792","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australian-casino-news","8":"category-nz-casino-news","9":"entry"},"yoast_head":"\n<title>Evolution\u2019s first quarter shows phenomenal growth - BestCasinos.co.nz<\/title>\n<meta
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