Live dealer casino technology suppliers Evolution Gaming credited new tables in new markets for its double-digit revenue and profit gains.

Evolution released its Q3 fiscal report card on Wednesday, showing strong double-digit year-on-year growth in revenue (€64.3m, +41%), earnings (€28m, +28%) and profit (€21.2m, +27%) in the three months ending September 30. However, profit margin dipped nearly four points to a still impressive 33%.

The margin shrinkage reflects a “faster-than-expected” growth in Evolution’s number of active tables, which neared 500 by the end of the quarter, up around 100 from the end of 2017, while its full-time payroll grew 44% to 3,970 by the end of the quarter. Total global payroll hit 5,257, a figure that Evolution CEO Martin Carlesund called “a great achievement.”

The quarter saw Evolution launch its first US-based gaming studio – and its tenth studio globally – in New Jersey’s regulated online market. Evolution’s New Jersey client roster already includes 888 Holdings, Hard Rock Atlantic City, Ocean Resort Casino, Resorts Casino Hotel and Rush Street Interactive’s PlaySugarHouse brand.