Sky Betting & Gaming deal deepens Evolution’s Flutter alliance

Evolution

The Evolution Group has extended its partnership alongside Flutter Entertainment after agreeing to the provision of its entire live casino service with Sky Betting & Gaming.

As a result of this agreement, Evolution’s live casino content will launch on brands such as Sky Vegas, Sky Bet and Sky Bingo. Other Sky Betting & Gaming offerings include Soccer Saturday Super 6, Sky Sports Fantasy Football and ITV7.

The Flutter-owned Sky umbrella gaming brand is already live with Red Tiger online slots games, and is also soon to re-launch NetEnt online slots too.

“We recognise the strong performance of Evolution’s live casino portfolio and also the sheer breadth and variety of content, which is growing all the time,” stated Andrew Rushgrove, Gaming MD at Sky Betting & Gaming.

“Sky Vegas is proud to be the UK’s most popular online casino and we see a great opportunity in the live casino market. Evolution has some stand out titles in this space, such as Crazy Time and Lightning Roulette, along with an exciting 2023 roadmap so we’re delighted to be able to put their content in front of our players.” 

This will see Sky Betting & Gaming become the latest in the Dublin headquartered group’s network to utilise the Evolution offering, following “a landmark deal” previously being inked to provide live casino to Paddy Power and Betfair.  

Gionata La Torre, Evolution’s Chief Executive Officer Europe, added: “We are honoured to partner with yet another Flutter company, and one with such an impressive line-up of household name gaming brands. 

“Sky Betting & Gaming delivers incredible experiences in sports betting and online gaming to millions of players across the UK. We are very much looking forward to adding to those player experiences with our world-leading live casino.” 

Earlier in the month, Evolution stressed an aim of continuing “to widen the gap to competition” after the group reported that it had “wrapped-up a strong financial year 2022 with a very good fourth quarter”.

The Malta-headquartered company, which welcomed the €340m Nolimit City into the fold during the past year, saw revenue through 2022’s fourth quarter increase 35.7 per cent to €407.48m (2021: €300.23m).

Breaking this figure down, Evolution’s live casino segment contributed €334.94m, up 41.11 per cent from €237.35m year-on-year, with RNG increasing 15.35 per cent to €15.35m.

For the full-year, revenue rose 36.3 per cent to €1.45n (2021: €1.06bn), with the former of those reporting divisions topping the €1bn barrier to close the 12 month period at €1.18bn (2021: €839.23m). 

RNG came in at €268.42m for the year, an increase of 16.94 per cent YoY from €229.53m, however, the group noted that this still remains below expectations.