Evolution reported revenue of €526.1m for the third quarter of 2026, up 3.7% year on year. Adjusted EBITDA rose 2.7% to €345.9m, while net profit was €243.3m. The company also reported that its Brazilian studio closed temporarily in early October following regulatory changes.
Investors can weigh Evolution’s revenue and profit growth against the temporary closure of its Brazilian studio.
Quarter ended 30 June 2026
From the last close before the story date (23 Oct 2026) to the second close after it (28 Oct 2026). End-of-day closes, delayed. Not investment advice.
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The EGR Italy Awards 2026 were held on 20 October at the Rome Cavalieri, with QuiGioco named Omnichannel Operator and ADMIRAL Pay winning Payments Supplier. Sisal took several operator categories, while PokerStars, Evolution, Light & Wonder, Playtech, Sportradar and Pragmatic Play were among the evening's protagonists. Commentator Jokerman79 said the awards reflect a market where competition increasingly rests on innovation and differentiation.
The EGR Italy Awards 2026 were held on 20 October at the Rome Cavalieri, where QuiGioco was named Omnichannel Operator and ADMIRAL Pay won the Payments Supplier category. Sisal received awards in several operator categories, and PokerStars, Evolution, Light & Wonder, Playtech, Sportradar and Pragmatic Play were among those recognised during the evening, according to the same report.
Evolution Malta Holding Limited will pay £4.75 million after the Gambling Commission found its games were available on six unlicensed websites accessible in Great Britain. The investigation identified weaknesses in its money laundering risk assessment, supply-chain controls and customer due diligence.
Evolution Malta Holding Limited will pay a £4.75m settlement after a Gambling Commission investigation found its games were available on six unlicensed websites accessible to consumers in Great Britain, according to a Commission public statement published on 23 July 2026. The Commission said the case exposed failings serious enough for it to consider licence suspension.
Relax Gaming released CloudForge, Play'n GO launched Redtail Robber Cash Vault Heist and Evolution's Nolimit City brought out Gator Hunters 2. 1spin4win invited operators to its Mystic Fortune network campaign, BGaming extended its sustainability initiative to Portugal and Yggdrasil studio 24Karot Games launched Buffalo Horizon.
Better Collective’s shares fell 37.16% over five days following Brazil’s betting ban announcement. Flutter’s shares declined 11.52% over the same period. It was reported that Better Collective estimated a €15m impact for the rest of 2026 and suspended its 2027 guidance.
Better Collective's share price fell 37.16% over five days following the announcement of a provisional measure to ban online gambling in Brazil, according to share price data cited in a report on 29 September 2026. The report said the decline came five days after President Lula's announcement and ahead of the first round of the election on 4 October.
Evolution's shares fell on Monday after Brazil announced a near-total ban on online gambling. The Swedish supplier has made Latin America, and Brazil in particular, a key growth market, opening a studio there in 2025. Latin America accounted for 13% of Evolution's total revenue in the second quarter.
Shares in Evolution fell on Monday after Brazil announced a near-total ban on online gambling, according to a report. The Swedish supplier's stock was down 4.4% during the session, and at the time of writing stood 2.87% below Friday's closing price. Brazil announced the nationwide ban on Saturday.