Online gambling technology suppliers Evolution Gaming and NetEnt are sounding all the right financial notes ahead of their proposed union.

On Friday, Sweden-based gaming tech outfits Evolution and NetEnt issued separate trading updates for the second quarter of 2020. Live dealer specialists Evolution announced a proposed takeover of their RNG online slots rivals NetEnt last month in a bid to create an online casino technology powerhouse.

Evolution reported its revenue rising 50% to €128.3m in the three months ending June 30, while earnings jumped 90% to €81.1m and profit more than doubled to €70.4m. Evolution CEO Martin Carlesund said revenue would have been even higher had the company not reduced table capacity at its main live casino studios due to COVID-19 concerns.

Evolution’s UK-facing operations were the only geographic segment reporting a year-on-year downturn, falling €2.1m to €10.6m in Q2. Nordic markets gained €700k to €6.7m, while the Rest of Europe shot up 42.4% to €62.4m, North America improved nearly 81% to €8.5m and Asia nearly tripled to €28.4m.