Interactive

Malta – Evoplay announces 84 per cent GGR growth

By William - 18 October 2023

Game development studio Evoplay has announced a record-breaking first six months of 2023, following a period of rapid growth and expansion.

In the first half of the year, the company has continued its impressive growth trajectory through product output and commercial momentum by releasing more immersive titles and closing deals with prominent names in the industry.

Key to its success has been its increase in network partners, which is up 34 per cent compared to this time last year, thanks to partnerships established with operators such as Sportingtech, Solverde.pt and 7bet.

Evoplay has also experienced an 84 per cent growth in GGR and an increase of 104 per cent in betting rounds compared to the same period last year. The provider’s content engaged 85 per cent more players than 2022’s H1, with 32 new releases covering various concepts and verticals.

The studio’s Penalty Shoot-out: Street title retained players across the first half of the year, particularly in the Latin American market. The game forms part of the provider’s Football Pack, which has been acclaimed for its ability to convert sport bettors to iGaming and appeal to previously untapped demographics.

With ambitious plans for the future, the company also opened new offices in Lviv, Ukraine at the beginning of the year and established its new headquarters in Cyprus. The provider is set to continue its ambitions of delivering casino content to the industry for the remainder of the year and expand its presence across regulated markets worldwide.

Commenting on Evoplay’s standout accomplishments, Evoplay CEO, Ivan Kravchuk, commented: “Our major achievements over the first half of 2023 exemplify the fantastic work we do at Evoplay, especially after such a strong 2022.

“Since our inception in 2017, we’ve grown rapidly and have amazed many across the globe with our brilliant product portfolio. We still have more room for growth and a lot in the pipeline for H2. I’m so proud of each member of our team and we’re very excited for the future.”