The gambling group behind William Hill and 888 has revealed strong revenue for the latest quarter despite a weak-to-appropriate trade in the UK and Ireland.
Evoc, who also owns the Sri Green brand, revealed that the group revenue increased by three months to 31 March compared to a year ago to 437 million pounds.
Its UK and Ireland’s online business saw a decline of 1% in revenue for the quarter.
This was largely due to low sports revenue as both its gaming and sports betting operations were affected by the onset of additional safe gambling measures.
Last year, the government announced several new rules for gambling operators, including tight age and identity verification, which have been introduced in recent months.
Evoque said that the quarter saw a fall of 21% in the players active as it was affected by low publicity activity.
Nevertheless, the company said that it has still seen an increase of 3% in its gaming business in the region.
Evoc stated that the growth in the company has also improved in April, with revenue up to 4%from the beginning of the year from 22 April.
Meanwhile, international revenue increased by 11% for the first quarter as it benefited from development in Romania.
Evoque’s retail business of betting shops saw a 6% decline in sales year -to -door sales.
According to Evoque’s CEO, per visstrom said: “We are building speeds in the right areas of business with particularly strong growth in our international core markets.
“While the UK and I was behind online and retail performance, where we wanted to live in Q1, we have moved fast to improve some of the underlying drivers of the performance and are looking strong trends in April.
“With better customer life cycle management, a clear customer price proposal, new retail gaming cabinets and an exciting product pipeline, we are highly assured in our market status and business development profiles.”
