Evolution Gaming: More Challenges, More Profits
One of the gambling giant across the world, the Evolution Gaming company, presented its report for the previous year 2018. By December 31, 2018, the total revenues of the corporation had gone up to $275.6 million. According to the company administration, such significant growth in revenue is primarily related to the growing commission income from actual and new clients. The upswing in earnings also resulted from the increasing demand for live casino environments produced by Evolution. The developer’s profits during the year were about to 93.8 million dollars.
Latest Projects of the Developer
According to the newest financial report of Jens von Bahr, Evolution Gaming founder, and CEO, the previous year is notable for fast growth of the profits which is related to the creation of three live dealer studios. The first studio appeared in Vancouver (Canada) in January 2018, and it was an incredible success.
As von Bahr mentioned, the Canadian gaming market was controlled and divided into province-based Crown corporation providers. They offer their services but do not compete with each other. It allowed his corporation to launch a scalable studio with typical tables that serve many provinces, as well as particular tables for providers who needed them.
Nowadays, Evolution Gaming is the only live casino supplier established in the Canadian gambling market. The company provides its services to such provinces as British Columbia, Manitoba, and Quebec.
What to Expect from Evolution Gaming?
The CEO also mentioned the intentions of Evolution Gaming to boost a new studio in Atlantic City (New Jersey) which would strengthen his company’s presence in North America. It is a long-term project that has started some years ago.
Von Bahr says that for the moment, Evolution Gaming got an overwhelmingly positive response of the gambling operators licensed in New Jersey. Local Сanadian players are also excited to take advantage of such a project. Most this news became popular in Toronto. Here you can find top casinos in toronto - https://greatcasinocanada.com/regions/toronto/.
All that led to a considerable amount of the company’s market offerings which exceeded the CEO’s expectations. In the nearest future, Evolution Gaming is waiting for the legalization of iGaming by more US states. This trend will bring fantastic opportunities to all market insiders.
Finally, Jens von Bahr said to the company’s investors that Evolution Gaming had struck hands with lots of operators licensed in New Jersey (Ocean Resort Casino, Hard Rock Hotel & Casino Atlantic City, PokerStars Casino, and 888casino) resulting from the opening of their new studio in 2018.