Evolution Gaming Group Un will release figures for the most recent quarter on July 21. If we suppose a 25% annual increase in FCF, the present P/FCF of beneath 40x appears reasonable. We also notice that P/FCF has been trending down for the past couple of years and some other price multiples (see below) are decrease or close to their respective three-year averages. With additional than 20% of the shares owned by person insiders (see below), the shareholder interests are aligned in my opinion. Martin Carlesund has been Group CEO of Evolution Gaming given that November 2016. Just before taking the existing role, Mr. Carlesund served as President and CEO of Evolution Malta.

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Daemin Consulting director Tim Lee says that some possible Chinese IR applicants have been discouraged by mainland authorities from investing in Korea projects. That may possibly have been a move to attempt to guard Macau or element of an ongoing campaign to dampen Chinese enthusiasm for gambling in Korea, mostly directed at some shady casinos in Jeju. Chinese are by far the largest visitor group to Korea, comprising 44% of arrivals in November. From May perhaps via July this year, 186 MERS instances had been reported in Korea with 36 deaths and a chilling influence on tourism.

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