Information in relation to COVID-19
Due to the global spread of COVID-19, Evolution Gaming provides the following comment to the development.
Daily operations have been conducted without any large disturbances up until this point, and the demand for the company’s products continue to be strong.
Evolution works with precautionary measures in all studios, including disinfection, distancing and separation of employees, temperature checks at studio entrances, increased cleaning, hand hygiene and several other infection prevention activities.
In total, Evolution operates studios in 8 locations, and the company’s routines for redundancy and continuity in the respect of studio operations have been adjusted and improved as a result of the current situation. Employees that are not part of the daily studio operations work from home where possible. Evolution monitors the development closely and may need to adjust the studio capacity to the current situation.
Evolution experiences a continued strong demand for the company’s products and notes that many players opt to play casino in the absence of betting games as many sports events have been cancelled.
Martin Carlesund, CEO of Evolution Gaming, commented: ”It is a turbulent time and it is inevitable that COVID-19 also impacts our business, but all employees are now doing a hard and fantastic job. Calm and methodical with the right decisions every day, we are slowly moving forward. We work in a precautionary manner and according to national guidelines to protect the health and safety of our employees. We have a strong financial position, and in the midst of all this, we experience a high demand for Live Casino. With the safety of our employees as priority, we are doing our utmost to continue delivering the market’s leading product”.
Evolution presents the interim report for January-March 2020 on 23 April.
For investor enquiries, please contact:
Jacob Kaplan, CFO, firstname.lastname@example.org
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.