Tag Archives: Martin Carlesund

Evolution scores outstanding H1 as a dominant live casino supplier  

SBC News Evolution scores outstanding H1 as a dominant live casino supplier  

Evolution Gaming AB has cited a fantastic H1 trading period, in which it has achieved significant commercial, strategic and operating milestones.  Publishing its 2022 interim trading results, Evolution registered operating revenues of €670m, up 36% on like-for-like 2021 results of €492m. Topline growth was primarily driven by its Live Casino unit which generated H1 revenues of €542m (H12021: €387m), attributed …

Read More »

Evolution Gaming posts 50% increase in profits ahead of studio expansion 

SBC News Evolution Gaming posts 50% increase in profits ahead of studio expansion 

Evolution Gaming has outlined significant global growth prospects for its Live Gaming and RNG business units, following a strong start to year trading.  Publishing its Q1 2022 trading update (period ending 31 March), Evolution has registered corporate revenues of €327 million, up 38% on corresponding Q1 2021 results of €236 million. A breakdown of units saw Evolution’s flagship Live Gaming …

Read More »

Evolution doubles 2021 profits as leadership aims to bolster new games pipeline

SBC News Evolution doubles 2021 profits as leadership aims to bolster new games pipeline

Evolution Gaming has surpassed the €1 bn mark in operating revenues recorded during 2021 –  buoyed by record-breaking Q4 results that registered double/triple digit growth across all core trading metrics. Publishing its full-year 2021 financial results, the firm registered Q4 revenues of €300m, up 69% on corresponding 2020 results of €177m. Revenue growth was attributed to a ‘continued global demand …

Read More »

Evolution gaming doubles revenues as new RNG optimisation roadmap begins

SBC News Evolution gaming doubles revenues as new RNG optimisation roadmap begins

Evolution Gaming reports a period of high activity, as its gaming business continues to benefit from an expanded product catalogue and games selection.  The Stockholm Nasdaq games studio has attributed a ‘very strong global demand’ for live casino offerings as the primary factor behind its Q3 growth, which has seen its total operating revenues increase by 97% to €276 million …

Read More »

Evolution hits strong 2021 opening off NetEnt and Red Tiger acquisitions

SBC News Evolution hits strong 2021 opening off NetEnt and Red Tiger acquisitions

Evolution Gaming has reported a 105% revenue increase in Q1 2021, driven by its acquisitions of NetEnt and Red Tiger Gaming, as well as expansion in global markets and continued high demand. Overall group revenue rose to €235.8 million during Q1, whilst the NetEnt takeover resulted in the total closure of the firm’s synergy project nine months earlier than anticipated …

Read More »

Evolution Gaming moves listing onto the Nasdaq Stockholm Exchange

SBC News Evolution Gaming moves listing onto the Nasdaq Stockholm Exchange

Updating investors, industry live games developer Evolution Gaming Group AB has informed that it has been approved listing on the Nasdaq Stockholm Exchange main market. The company upgrades its listing from the Nasdaq First North Premier and will move to debut its placement as a Nasdaq Stockholm enterprise on Wednesday 7 June. Evolution Gaming governance informed its current shareholders that …

Read More »

Evolution Gaming confirms leadership & governance restructure

SBC News Evolution Gaming confirms leadership & governance restructure

Industry live casino games supplier Evolution Gaming has confirmed an executive restructure of its governance and leadership teams. The changes will see current Chief Executive and Co-Founder Jens von Bahr take up the new position of Executive Chairman. Evolution Gaming informed investors that Joel Citron had stepped down as company Chairman effective 1 November, Citron will take up a board …

Read More »

Evolution Gaming appoints Martin Carlesund as Malta CEO

SBC News Evolution Gaming appoints Martin Carlesund as Malta CEO

Online gambling live dealer specialist Evolution Gaming has confirmed the appointment of Martin Carlesund as new CEO of its Malta operations division. Carlesund has been tasked with leading management of operational duties with regards Evolution Gaming’s product inventory, and will report directly to Founder and group CEO Jens Von Bahr. Carlesund joins Evolution Gaming having served as CEO of igaming …

Read More »