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Evolution Gaming Products in Demand Amid Coronavirus Outbreak

  • Evolution Gaming has noticed a transition of people from sports betting to live dealer games
  • Company's studios are taking every precaution to ensure that they can remain open
  • Reported a 79% year-on-year increase in profit after tax of €149.7m ($159.5m) in 2019
female host at roulette table
Evolution Gaming has reported that demand remains high for its live casino products amid the COVID-19 pandemic. [Image: Shutterstock.com]

Players turning to online casinos

Leading live dealer supplier Evolution Gaming has reported strong demand for its products amid the outbreak of novel coronavirus (COVID-19).

With more and more land-based casinos closing their doors to stop the spreading of the coronavirus, online operators are experiencing an increase in traffic. To date, there have been no disruptions to the Evolution Gaming offerings. If anything, more and more online casinos are showing an interest in adding the company’s suite of live casino games.

sports bettors have been turning their attention to online casino games

With most major sports canceling and postponing events for the foreseeable future, Evolution Gaming says that sports bettors have been turning their attention to online casino games.

Preventing potential disruptions

Evolution Gaming is doing its utmost to ensure that its live dealer facilities can remain open amid the coronavirus pandemic. It has been implementing widespread precautionary measures in each studio.?

This includes thorough disinfecting, staff separation, and social distancing. There are also measures in place at the entrances of the studios to gauge the temperature levels of the staff that are entering. Cleaning timetables have been increased and proper hand hygiene is of paramount importance.

Evolution Gaming CEO Martin Carlesund spoke about these precautionary measures, stating:

Calm and methodical with the right decisions every day, we are slowly moving forward.”

Speaking about the company’s performance in these turbulent times, he said that the company is in a strong financial position and that it is experiencing continuing high demand for its live casino offerings.

Live casino games proving popular

Evolution Gaming has been going from strength to strength in recent years as live dealer casino games have exploded in popularity.

Evolution Gaming is a market leader in the live casino sector. In 2019, the company reported a significant increase in overall revenue and profit. Revenue increased by 49%, hitting €365.8m ($389.8m). Profit after tax was up over 79% year-on-year, reaching €149.7m ($159.5m).

So far, Evolution Gaming is avoiding the issues that many other gambling companies across the world are experiencing. Many leading casino and betting companies have seen their share prices tumble in recent weeks due to casino closures and sporting event cancelations.

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