Evolution Gaming Increases Profit to €1.24 Billion: Revenue Growth, New Technologies, and Plans for 2025
Revenue, Profit, and Growth: Key Figures
Live casino provider Evolution Gaming has released its results for 2024, demonstrating strong growth in both revenue and net profit.
The company strengthened its global market position by expanding studios, implementing new technologies, and launching innovative products.
Key Financial Indicators:
| Indicator | Value |
|---|---|
| Annual Revenue | €2.06 billion (+14.7% compared to 2023) |
| Net Profit | €1.24 billion (+16.2%) |
| EBITDA | €1.41 billion (+11.3%) |
| EBITDA Margin | 68.4% |
| Shareholder Payouts |
|
Games, Technology, and Global Expansion
During the year, Evolution released 109 new games, including unique crossovers between live and RNG formats: Balloon Race and Stock Market. The company also launched:
- AI Slot Recommender — an AI-powered slot suggestion system
- Livespins — live betting with streamers
- One Stop Shop (OSS) — a unified integration platform for all group brands (NetEnt, Red Tiger, BTG, Nolimit City, Ezugi)
The company actively expanded its geographic reach:
- Studio openings in Romania, Canada, Colombia, India, and the Philippines
- Product launch in the state of Delaware (USA)
- Preparations for launch in Brazil
- Strengthening presence in the Philippines
Strategy for 2025
In the coming year, the company will focus on:
- scaling the OSS platform,
- opening new studios,
- growing the mobile segment,
- launching even more interactive live games.
The main growth driver remains the live casino segment, which contributes 71% of total revenue, especially from mobile devices.