Topic: Evolution — report for Q3 (HOW THEY EARN THAT MUCH?) - page 3. (Read 403 times)

They can earn that much money because they are being patronage by gambler.  Aside from that, many casinos are buying their products and integrate it to the casino platform.  It was stated that they released more game this 3rd quarter so this means they are able to sell or close more deals.


A company does not need to cheat to earn, if enough company demand for their service then they will surely earn that much money.  About their rigged games, any news that the case are escalated to court?  It is possible that those rigged videos about evolution are the one rigged...  We never know, technologies nowadays can alter anything.

It's pretty easy to see why they make so much based off the games they offer. For example, go look at blackjack and their rules. They are not like a normal casino who checks the down card, hidden blackjack is possible. They also don't offer certain things that live casinos might like even money. If you have a BJ and the dealer is showing an A you can take even money instead of hoping the dealer doesn't have a 10 card down. Just all sort of little things that give the casino a huge advantage over the player, not to mention people play the game terribly. I sit and watch people stand on 14 and 15 vs a 10 all the time. All they are doing is saying, "here, take my money".

Now look at games like crazy time. 8 betting options with different amounts of winning spaces per option. If someone sits back and just bets the bonuses every round, they will lose their ass so fast as when bonuses hit they normally pay trash. So I play 10 rounds betting $1 on 4 different bonuses. That's $4 per round and $40 over the 10 rounds. Let's say I hit coin flip and in the coin flip bonus we get a x10. I get $11 back and a net loss of $29.

What it boils down to is gamblers are dumb as hell for choosing to play on evolution or at least some of the gambling options they offer. All the wheel games are a scam IMO. I have witnessed many times a player go on a hot streak in blackjack and walk away with a profit. It's just the odds are against you.

This. I fully agree, you don't have play unfair to earn lots of money in gambling. Besides, they are one of the leading live gaming stream providers I guess. And yes, the house always wins that's pure math, so I can't see the way they can record losses.

They are the most popular live casino and they are available in literally every sportsbook that exists. I'm sure, since the pandemic their revenue must have skyrocketed as its a lot more accessible than a real casino and anyways, most casino's were closed during the pandemic or had a very limited access.

They don't really need to rig their games to profit as you know "house always wins". A lot of user funds are being liquidated into games at the same time. As they have commission for every game that exists, from about 5% to 20% or even more for slots?. As long as users stay active on the casino, they should theoritically always profit. Other than a few freak instances, for which, the casinos have failsafe(to an extent). If a user is winning a lot, most casinos will just shut doors to the user or even confiscate funds if they find anything even remotely fishy. Ofcourse, rigging games would help to profit much larger than what would be otherwise possible but if could get very obvious if the total amount gambled on the casino and their revenue are transparent to gaming commission.

Well if you will question them then you have to question their source as well. Nevertheless, it's gambling and we all know that it's a worldwide phenomena. So there could be thousands in a given day playing and then losing big money. Not saying that it is accurate, but the amount of money flowing in casinos today are really huge as there are a lot of individuals that have been addicted already.

It's really hard to question though if their games is rigged or not or they collude with others. Maybe as gamblers it's our responsibility to check whether they are provably fair or not. But who does it? Everyone just wanted to play, from dice game, to roulette to card games that Evolution gaming has.

Evolution — report for Q3 and the period from January to September 2023

Q3 results (3 quarters of 2023):

1. Operating revenue — +19.6% (452.6M EUR);

2. EBITDA — +22.1% (318.6M EUR);

3. Net profit for the period amounted to EUR 272.8M (Q2 — EUR 221.3M).

Results from January to September 2023:

1. Operating income +26.1% (1.3B EUR);

2. EBITDA +27.6% (930.5B EUR);

3. Net profit — EUR 788M (similar period last year EUR 619.9M).


Evolution shows, maybe not spectacular, but quite stable results. The CEO of the company claims that in Q3 the company released more games than ever. At the same time, the most confident growth is shown by Live products. Also, according to him, the US online gambling market is still at an early stage of development, and the company will continue to invest a significant amount of funds in it in order to occupy a leading position there in a few years.


I have question - how do they make that much money if their games are fair?

Their profit per month is 73.7666667M, le'ts imagine this is 20% of total comission...And it's shocking. Don't they suppose to have negative months, or years? Like operators have?

I mean, all of this videos of their rigged game shows, blackjacks...I'm about to think that all of them are true