{"id":279,"date":"2024-06-28T17:28:30","date_gmt":"2024-06-28T14:28:30","guid":{"rendered":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/"},"modified":"2024-06-28T17:28:30","modified_gmt":"2024-06-28T14:28:30","slug":"evolution-gaming-reports-strong-q1-2022-results","status":"publish","type":"post","link":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/","title":{"rendered":"Evolution Gaming Reports Strong Q1 2022 Results"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/7LTTZxsiHlA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The live casino segment of Evolutions continued to be a key force behind growth in the initial three months of 2022, propelling revenue to a staggering 38.6% increase, reaching \u20ac326.8 million.<\/p>\n<p>Live dealer games continued their rapid ascent, expanding by 44.3% to \u20ac264.5 million. This is a remarkable accomplishment, as the Q1 figures alone surpassed the total recorded in the same period of 2020.<\/p>\n<p>&#8220;We witnessed exceptional expansion in the first half of 2021, so we were facing challenging comparisons,&#8221; stated CEO Martin Olsson Carlsson. &#8220;The start of 2022 has been positive, and the thrill of live gaming continues to draw in both new and existing players.&#8221;<\/p>\n<p>Income from random number generator (RNG) games experienced a more moderate growth rate, rising by 19.3% to \u20ac62.3 million. This increase was primarily attributed to the addition of Megaways creator Big Time Gaming. Without Big Time Gaming, RNG revenue would have only grown by a modest 1.8%. Carlsson described this as &#8220;consistent with our projections.&#8221;<\/p>\n<p>&#8220;Customer contentment is always paramount, and it&#8217;s not a process that happens instantly,&#8221; Carlsson remarked, referencing the RNG division. <\/p>\n<p>Were on a mission to achieve success, and while the course may not be perfectly smooth, our objectives are crystal clear. I&#8217;m positive we&#8217;ll reach our growth targets.<\/p>\n<p>Our Nordic and UK regions performed admirably, generating \u20ac21.8 million and \u20ac32.9 million, respectively. This represents a 32.9% and 1.8% increase compared to the previous year. Europe remains our largest market, with revenue reaching \u20ac108.8 million, a 4.5% surge.<\/p>\n<p>Asia is experiencing a surge in activity, with revenue soaring 94.4% to \u20ac103.4 million. North America also witnessed robust growth, climbing 70.4% to \u20ac36.8 million. The rest of the world saw a significant 79.6% increase, reaching \u20ac34.3 million.<\/p>\n<p>We&#8217;re proud that 40% of our revenue still originates from regulated markets.<\/p>\n<p>Our expenses also climbed, but at a slower rate, rising 27.0% to \u20ac119.7 million. The largest expense is personnel, which reached \u20ac63.5 million, a 30.1% increase. Depreciation, amortization, and impairment costs rose 22.1% to \u20ac22.6 million, while other operational expenses climbed 24.9% to \u20ac33.6 million.<\/p>\n<p>All of this resulted in an operating profit of \u20ac207.1 million, a 46.2% increase.<\/p>\n<p>We also generated a profit of \u20ac4.3 million on financial items, leading to a pre-tax profit of \u20ac211.4 million, a 50.2% rise.<\/p>\n<p>After paying \u20ac13.7 million in taxes, our net profit was \u20ac197.7 million, a 49.8% increase.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The live casino segment of Evolutions continued to be a key force behind growth in the initial three months of 2022, propelling revenue to a staggering 38.6% increase, reaching \u20ac326.8 million. Live dealer games continued their rapid ascent, expanding by 44.3% to \u20ac264.5 million. This is a remarkable accomplishment, as the Q1 figures alone surpassed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evolution Gaming: Live Casino Growth Soars in Q1 2022<\/title>\n<meta name=\"description\" content=\"Evolution Gaming\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Evolution Gaming Reports Strong Q1 2022 Results\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Evolution Gaming\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Elevate Your Gaming Experience | Licensed Online Casino\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T14:28:30+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/\",\"url\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/\",\"name\":\"Evolution Gaming: Live Casino Growth Soars in Q1 2022\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T14:28:30+00:00\",\"dateModified\":\"2024-06-28T14:28:30+00:00\",\"author\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Evolution Gaming\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/28\/evolution-gaming-reports-strong-q1-2022-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evolution Gaming Reports Strong Q1 2022 Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/\",\"name\":\"Elevate Your Gaming Experience | Licensed Online Casino\",\"description\":\"Experience the excitement of licensed online gambling through our up-to-date news, in-depth reviews, and expert articles. 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