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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Evolution Gaming Group AB    EVO   SE0012673267

EVOLUTION GAMING GROUP AB

(EVO)
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Evolution Gaming : and Caesars Entertainment Launch Online Live Casino in Pennsylvania

11/10/2020 | 07:01am EST

Evolution, leading provider of Live Casino solutions, has announced the launch of Live Casino games online for Caesars Casino & Sportsbook Pennsylvania in partnership with Caesars Entertainment, Inc.

The deal will see Evolution provide its leading portfolio of online Live Casino games and game show-style games to Caesars' customers first in Pennsylvania, with New Jersey to follow, powered online from Evolution's live studios.

The Evolution live games are available within the Caesars Casino & Sportsbook PA app, available on iOS and Android, or on desktop at http://pa.caesarsonline.com.

Johan Nordstrom, Chief Executive Officer Malta and Chief Commercial Officer at Evolution, added: "We are very proud indeed to be working with one of the biggest and most iconic brand names in the casino world. We look forward to helping Caesars achieve their goals in the enormously exciting U.S. gaming market and beyond."

"Caesars is bullish on the future of iGaming-and with that, it's important to us to continue to provide our customers the best in online gaming with a superior experience and the latest technology," said Christian Stuart, Head of Caesars Sports and Online Gaming for Caesars Entertainment, Inc. "We're excited for players to experience the fun and action of playing at a live casino table, from your home or anywhere in Pennsylvania."

For trade press and media enquiries, please contact:
Amy Riches, Head of Marketing, ariches@evolution.com

For investor enquiries, please contact:
Jacob Kaplan, CFO, ir@evolution.com

 

About Caesars Entertainment, Inc.
"Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment's resorts operate primarily under the Caesars®, Harrah's®, Horseshoe® and Eldorado® brand names. Caesars Entertainment offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate."

Evolution Gaming Group AB (publ) ("Evolution") develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 300+ operators among its customers. The group currently employs about 7,400 people in studios across Europe and in North America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolution.com for more information.

Evolution is licensed and regulated by the Malta Gaming Authority under license MGA/B2B/187/2010. Evolution is also licensed and regulated in many other jurisdictions such as the United Kingdom, Belgium, Canada, Romania, South Africa, and others.

https://news.cision.com/evolution/r/evolution-and-caesars-entertainment-launch-online-live-casino-in-pennsylvania,c3234479

https://mb.cision.com/Main/12069/3234479/1333046.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
CAESARS ENTERTAINMENT, INC. 2.35% 80 Delayed Quote.7.72%
EVOLUTION GAMING GROUP AB -2.17% 822.2 Delayed Quote.-1.51%
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More news
Financials
Sales 2020 531 M 641 M 641 M
Net income 2020 293 M 353 M 353 M
Net cash 2020 342 M 413 M 413 M
P/E ratio 2020 52,7x
Yield 2020 0,96%
Capitalization 17 204 M 20 808 M 20 773 M
EV / Sales 2020 31,8x
EV / Sales 2021 21,8x
Nbr of Employees 5 054
Free-Float 89,2%
Chart EVOLUTION GAMING GROUP AB
Duration : Period :
Evolution Gaming Group AB Technical Analysis Chart | EVO | SE0012673267 | MarketScreener
Technical analysis trends EVOLUTION GAMING GROUP AB
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 82,17 €
Last Close Price 81,02 €
Spread / Highest target 21,2%
Spread / Average Target 1,41%
Spread / Lowest Target -13,8%
EPS Revisions
Managers and Directors
NameTitle
Martin Olof Carlesund Chief Executive Officer
Jens von Bahr Chairman
Karl Jacob Kaplan Chief Financial Officer
David Craelius Chief Technology Officer
Joel-Tomas Citron Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EVOLUTION GAMING GROUP AB-1.51%20 808
FLUTTER ENTERTAINMENT PLC0.42%35 461
GALAXY ENTERTAINMENT GROUP LIMITED-4.32%32 295
SANDS CHINA LTD.-9.99%31 981
CAESARS ENTERTAINMENT, INC.7.72%16 662
PENN NATIONAL GAMING, INC.14.75%15 325