Impact on studio operations in Georgia
Evolution Gaming has been instructed by Georgian authorities to temporarily close the floor operations at its Tbilisi site. As a consequence, the workforce will be significantly reduced. A large part of the operations will be able to continue through the company's other studios in Europe.
The Tbilisi studio adheres to current guidelines regarding social distancing and the company has taken an extensive number of infection prevention measures in the studio. Evolution Gaming is in close contact with local authorities in order to verify the taken measures and to be able to reopen the studio. The situation is developing, and Evolution will adapt continuously.
As previously announced, Evolution operates studios in 8 locations, and the company has routines for redundancy and continuity in the respect of studio operations.
For investor enquiries, please contact:
Jacob Kaplan, CFO, ir@evolutiongaming.com
This information is such that Evolution Gaming Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, under the agency of the contact person set out above, on 23 March 2020, at 18.00 CET.
Evolution Gaming 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 200+ operators among its customers. The group currently employs about 8,000 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.evolutiongaming.com for more information.