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Depreciations amounted to €18.5 million that consists of €8.9 million in amortization of intangibles associated to the NetEnt acquisition. Also right here the comparison to 2020, of course, consists of the acquired NetEnt’s organization in this quarter, but not in the January to March 2020 period. As we have stated earlier, our intention was always to integrate the two providers.

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Evolution stated that the entire acquisition, like the possible future payments, will be paid in money from existing reserves. Analysts are expecting the business to report €250.four million, an increase of over the prior year quarter when the business reported €128.three million. The most troubling portion of this report was that it claimed EVO generates revenue from a) sanctioned nations and b) where gambling is illegal. Each of these are huge red-flags below anti-money laundering regulations.

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