Evolution, the main stay on line casino provider, posted its second consecutive quarter of declining income for 2026, reporting internet income of €517.8 million for Q2, down 1.2% year-on-year from €524.3 million. EBITDA reached €341.0 million, sustaining a margin of 65.9%, whereas internet revenue edged up barely to €251.4 million. Earnings per share elevated to €1.27.
Despite the modest decline, CEO Martin Carlesund emphasised enhancements in comparison with Q1, citing stronger value management, improved money move, and progress in key markets. “Revenue and margin are moving in the right direction compared to the first quarter, cost control remains strong, cash flow is improving, and we continue to expand in key markets while executing on our product roadmap,” Carlesund stated.
Regional Performance Highlights
Europe noticed a return to quarter-on-quarter progress of three.5%, recovering from earlier weak point, supported by sport present titles and native-speaking tables. Latin America continued its robust momentum, attaining 26.3% year-on-year progress, pushed by the reopening of Evolution’s studio in Argentina and a localized launch of Ice Fishing in Brazil. North America additionally grew 9.5%, aided by the rollout of Monopoly Live throughout 4 US states and a second Michigan studio, whereas Asia remained unstable, with income declining 3.7% on account of cybercrime impacts. As published in the company’s official report, Africa confirmed underlying progress of 14.2%, reinforcing Evolution’s energy in each stay and RNG choices.
The firm highlighted the continued success of latest product launches. Ice Fishing has change into one among Evolution’s strongest performers, alongside Monopoly Roulette and Monopoly Roll’em, a part of the Hasbro partnership.
Galaxy Gaming Acquisition Reaches Contractual Deadline
A key strategic growth is Evolution’s long-running proposed acquisition of Galaxy Gaming. Originally introduced in July 2024, the deal confronted extended regulatory assessment and was prolonged in November 2025 to July 17, 2026. Carlesund famous that the contractual exterior date has now handed, permitting both social gathering to terminate the settlement.
“Two years have passed, and Evolution has spent significant time, effort and resources handling the rather large amount of administration required to close this acquisition. Galaxy is a great company; however, due to its size, the transaction is not significant for Evolution. The outcome has no material impact on our existing business, our US operations or our long-term ambitions,” Carlesund stated, as reported by G3 Newswire.
While neither firm has formally terminated the deal, Carlesund indicated that Evolution is ready to maneuver on if regulatory approvals will not be accomplished, signaling a possible finish to the two-year saga. Analysts counsel the extended UK and US regulatory assessment, alongside Galaxy’s share worth buying and selling beneath the agreed acquisition worth, contributed to the delays.
Earlier this week, Evolution resolved a licensing assessment with the UK Gambling Commission, agreeing to a £4.75 million settlement. The assessment involved the supply of Evolution content material on six unlicensed UK-facing web sites. Carlesund emphasised the matter was resolved professionally and located no broader sample of unlicensed entry.
