Evolution, the world’s biggest supplier of live casino software and content both for online and land-based casinos, has revealed its results for the 2022 financial year and the numbers show substantial growth across all key areas.
The company’s operating revenue for the twelve months ended on 31 December amounted to 1.46 billion euros, a figure which represents an increase of 36.3 percent over the 1.07 billion that were generated in the previous year.
Most of the revenue came from Evolution’s live casino portfolio, which was responsible for 1.19 billion dollars of all revenue generated during the 2022 financial year. That represents an increase of 41.6 percent over the previous year and it was mainly due to increased commission income both from new and existing customers.
After having acquired slot providers such as Red Tiger and NetEnt, Evolution is also growing on the random number generator (RNG) games market. In fact, in 2022 the revenue from RNG games went up 17 percent compared to the previous year, amounting to 268.4 million euros.
During 2022 Evolution made another big acquisition in this field, that of Nolimit City, which was completed in August. Nolimit City
Evolution’s business in 2022 was also strengthened by the acquisition of NoLimit City, which was completed in August. Nolimit City became the fourth slots brand in Evolution’s portfolio after Big Time Gaming, NetEnt and Red Tiger.
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