By Supantha Mukherjee STOCKHOLM, April 27 (Reuters) - Sweden's Evolution Gaming Group beat expectations with a 150% jump in first-quarter core earnings as pandemic lockdowns boosted demand for online casino games, particularly in Asia and the United States.
The company's shares rose 6.5% to a record high of 1,555 Swedish crowns in early Tuesday trading.
Evolution Gaming, which develops and Online Casino licenses casino games, dominates the market in Europe and its purchase of NetEnt for $2.12 billion last year gave it several top 10 slot titles such as Starburst and Piggy Riches.
The live casino games business saw operational challenges that limited the effects of the pick up in demand, but the slots business had a very strong quarter, Chief Executive Martin Carlesund said in an interview.
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