Evolution Gaming’s live casino tables keep printing money

Live dealer online casino providers Evolution Gaming went from strength to strength in Q2, with revenue, earnings and profit all rising more than one-third.

Figures released Wednesday show the Stockholm-listed Evolution generated revenue of €59.3m in the three months ending June 30, a 40% improvement over the same period last year. Earnings were up 36% to €26.2m while profit jumped 37% to €20.1m.

Evolution credited the gains to the company’s voracious expansion, which has seen the revenue contribution from the ‘rest of world’ geographic category grow from 14% in Q217 to 25% in the most recent quarter.

This international growth was spurred in part by February’s launch of Evolution’s live casino studio in British Columbia, the company’s first outside Europe, in partnership with the British Columbia Lottery Corporation. International expansion is set to continue in Q3, when the company expects to launch its new studio in New Jersey.