Evolution Georgia, a subsidiary of Swedish gambling company Evolution Gaming, publishes last year's financial report, according to which, in 2023, the company's revenue soared by GEL 29 million to GEL 201 million, net profit increased by GEL2 million to GEL 14 million.
Evolution Gaming is known for employing the largest staff, 6.8 thousand employees in Georgia, the compaany spent GEL 133.7 million on salaries last year, an average of GEL 19,595 per employee per year, GEL 1 633 per month, the average salary without 20% of income tax is GEL 1,306.
In 2023, Evolution Gaming's total revenue stood at 1.8 billion euros, its net profit exceeded 1 billion euros.
Number of Evolution’s employees by country:
Georgia - 6,823 employees;
Latvia - 3,151 employees;
USA - 2,662 employees;
Malta - 1,391 employees;
Romania - 850 employees;
Canada - 591 employees;
Spain - 578 employees;
Armenia - 442 employees;
Bulgaria - 211 employees;
Sweden - 173 employees;
Poland - 119 employees;
Taiwan - 63 employees.
The strike began in mid-July following allegations of poor working conditions at Evolution’s office and live gaming studio in Tbilisi, after trade union negotiations failed to reach an agreement.
Evolution Gaming Group AB creates, markets, and licenses fully integrated live casino solutions for gambling operators but does not operate gambling itself. They provide live streaming of casino services through studios in real estate leased by the company. Game presenters hired by the company present various games like Roulette, Blackjack, Poker, and Baccarat, which are broadcast live to Evolution Malta Ltd.
A subsidiary of Evolution Gaming has been operating in Georgia since 2018, offering live-streaming services to foreign gambling companies in 13 languages. Their services are utilized by online casinos worldwide.