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Industry News16 May 2026 · 4 min read

Evolution Reports Record Q1 2026 Revenue as Live Casino Demand Surges

Evolution Gaming has posted record first-quarter revenues of €512m, driven by explosive growth in live dealer across regulated US and Asian markets.

Evolution Gaming has posted record first-quarter revenues of €512m, a 21% year-on-year increase driven by explosive growth in live dealer demand across regulated US markets and continued expansion into Asia. The Stockholm-listed operator credited new studio openings in New Jersey and Michigan, alongside the launch of its Crazy Time 2 flagship title, as key growth drivers. CEO Martin Carlesund described the results as 'a vindication of our studio-first strategy', noting that live casino now accounts for over 70% of all online casino GGR in regulated markets. The company announced plans to open three additional studios in 2026, targeting Ontario, Brazil, and the Philippines.