Global betting and gaming giant Evoke plc has reported a 5% year-on-year increase in revenue for the second quarter of 2025, driven by a strong performance across both its online and retail divisions.
The company announced that its online segment grew by approximately 6%, while its retail arm returned to growth, bolstered by the rollout of 5,000 new gaming machines which was completed in March.
For the first half of 2025, the group’s total revenue rose by approximately 3%. This growth was attributed to a double-digit increase in gaming revenue, which successfully offset a weaker performance in sports betting.
The company linked the decline in its sports vertical to a particularly strong comparative period in the previous year, which included the UEFA European Championship.
Profitability also saw a significant boost, with the company anticipating its H1 Adjusted EBITDA to be in the range of £163–£167 million, marking a 43% increase at the mid-point.
Moreover, Evoke plc company noted this continues its “strong deleveraging trajectory,” with its last twelve-month EBITDA now exceeding £360 million.
CEO Per Widerström commented on the positive results.
Q2 2025 marked our second strongest quarterly revenue performance since the beginning of 2023, a particularly encouraging result given the tough comparator from lapping the Euros. Importantly, this growth was also delivered profitably, in line with our focus on sustainable profitable growth.
Looking ahead, Evoke expressed confidence in delivering full-year revenue growth of 5–9% and an Adjusted EBITDA margin of at least 20%, which is a considerable increase when compared to the same period in 2024.
The company, whose portfolio includes partnerships with leading companies and operating major brands like William Hill, 888, and Mr Green, will release its full interim results on August 13, 2025.
