Evolution Gaming Exposed

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So as Martin pointed out, we will absolutely not cease our efforts for cost efficiency when it comes to the integrated organization, but we will not track synergies separately. Our original statement when announcing the following finance was that we would achieve €30 million in annual expense synergies compared to the Q cost base, which was the most recent reported figures at the time of announcement. That is what's shown to the left in the slide, total of €78.four million for the combined group whereof €27.four million was reported by NetEnt and the remainder was the Evolution price base at the time. Also worth reminding in the context of margins is that our very first priority is the major-line growth. Must we get a chance to expand a lot more to capture extra revenue we will prioritize that even if it suggests a hit on the margin in the brief-term. The quantity of the deal – whose estimated settlement date is 2 November 2020, is approx. Everyone considering owning Evolution Gaming wants to balance these two pieces of facts and ask themselves irrespective of whether Evolution's future growth can counteract its premium valuation. Undertaking so comes at an additional cost, but it may be worth it if it increases the view range (delighted customers) or solves logistical difficulties.