EveryMatrix Press Releases
EveryMatrix gains Associate Member status in the European Lotteries Association
EveryMatrix is pleased to join the European Lotteries Association by securing the status of Associate Member. As an established B2B technology provider within iGaming, EveryMatrix will take its place among other esteemed lottery suppliers in the space.
Built on three core values – responsibility, sustainability, and integrity, the European Lotteries Association’s mission is to protect consumers in the fast-paced lottery sector. EveryMatrix adheres to the highest standards of integrity, responsible gaming, and is perfectly aligned with the Association’s purpose.
Ebbe Groes, Group CEO of EveryMatrix, comments: “We are happy to receive our Associate Member status in the European Lotteries Association. This is a recognition of EveryMatrix as a reliable partner in the lottery space and we are glad to be in a such good company. The Association’s responsible gambling policies and best practices should be the standard for any company in the iGaming space.”
Catering to over 120 clients in multiple regulated jurisdictions, EveryMatrix’s mission is to help operators deliver outstanding player experiences in regulated markets. The company is currently offering its services to several lotteries across the European space.
Since 2008, EveryMatrix built its reputation as a trustable provider with a complete and high-performing suite of iGaming solutions.
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EveryMatrix Press Releases
EveryMatrix launches Personal Jackpots â the next layer in casino loyalty innovation
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EveryMatrix has launched Personal Jackpots, a next-generation product with the power to develop stronger connections between players and brands by creating tailored experiences for individuals.
EveryMatrixâs Personal Jackpots, available via JackpotEngine, surpasses the boundaries of conventional jackpot offerings, creating a tailored experience for individual players, nurturing a stronger connection between them and operator brands.
The technology works by learning and adapting to the unique preferences of each player including preferred spend, betting levels, and playing styles, and offers the chance to create and claim a jackpot created just for you.
The more you play, the more your Personal Jackpot grows, and only you can win that specific cash prize, taking jackpot stickiness to the next level.
JackpotEngine supports both CasinoEngine and SlotMatrix content libraries currently boasting more than 30K+ games and integrations with 330+ games studios.
Personal jackpots are fully configurable to any player preference, can be styled to suit any branding, can be displayed alongside up to other three in-game jackpots simultaneously and are available via desktop, mobile, or tablet.
Each one is presented to players as ready-made, in-game widgets displaying jackpot pools, updated in real-time. Players can minimise the jackpot widget if they wish, it is completely up to them how they play.
Stian Enger Pettersen, Head of Casino, EveryMatrix, said: âEveryMatrix Personal jackpots represent the next layer of innovation, providing our customers with even more exciting opportunities to captivate players and drive long-term loyalty.
âBy tailoring the jackpot experience to each playerâs unique needs, Personalised Jackpots create a deeper level of engagement and foster greater loyalty. This also unlocks a new realm of customised gaming experiences that resonate with players on a profound level.â
The post EveryMatrix launches Personal Jackpots â the next layer in casino loyalty innovation appeared first on European Gaming Industry News.
EveryMatrix Press Releases
EveryMatrix extends position as fastest growing iGaming supplier with twin 2024 acquisitions
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EveryMatrixâs rapid growth trajectory continued in Q3 2024 yet again setting record net revenue and delivering a sixth consecutive profit margin of more than 50%, boosted by two major casino and sports acquisitions in the last five months.
The global tier-1 business, that has seen headcount rise 31% Year-on-Year (YoY) to 1,188 following two all-cash acquisitions of FSB Technology in June and, post period, Fantasma Games in October, confirmed its status as the fastest growing iGaming technology supplier with another set of stellar financial results.
Unveiling Q3 2024 results EveryMatrix set a record high quarterly net revenue of âŹ45 million across all products, up 66% YoY, while recording an EBITDA margin of 52%. Q3 EBITDA stood at âŹ23m, up 71% YoY.
The sixth consecutive 50%+ quarterly profit margin was driven by new customer launches, continued growth in its core sports and casino business units and further bolstered by strong sports trading margins.
FUTUREPROOFING THE GROUP WITH VALUE-ADDING ACQUISITIONS
The EveryMatrix Group significantly bolstered future success, further market penetration and a strong pipeline of new customers with two value-adding acquisitions: FSB Technology and Fantasma Games.
FSB Technology has added approximately 15% additional Gross Gaming Revenue (GGR) to the Groupâs sportsbook business unit volumes with customer migration on schedule. This includes UK operator BetGoodwin that agreed a multi-year deal to expand its use of EveryMatrixâs turnkey sports and casino technology.
The acquisition has also strengthened key areas of the business, including the OddsMatrix sportsbook, by doubling the trading and quants team to enhance personalisation within managed odds and risk services.
Fantasma Games, one of the fastest growing young casino studios in the industry, was added to the Group in October. The integration of the Fantasma Games team will bring strong commercial, technical, and creative skills.
EveryMatrix customers will benefit significantly with the immediate addition of well-known titles that are already live with more than 250 operators and played by millions of players across 50+ countries.
Fantasma Gamesâ market distribution will also boost EveryMatrixâs presence in rapidly growing markets such as North America where the industryâs fastest growing technology provider has ambitious plans to build on its established partnerships with tier-1 brands.
CORE BUSINESS UNITS EXPERIENCE ACCELERATED GROWTH
Q3 2024 GGR for operator partners within the Casino business unit generated a twelfth consecutive record quarterly performance of âŹ709m, up 53% YoY with GGR for the last 12 months at âŹ2.6 billion, a 63% YoY increase.
Quarterly casino net revenue improved to âŹ23.8m, up 78% YoY while EBITDA reached âŹ14.9m reflecting a 95% YoY increase. The SlotMatrix aggregation product introduced a total of 970 unique game titles and integrated 10 new vendors bringing the total to more than 170, well above any other aggregator worldwide.
OddsMatrix quarterly sportsbook turnover climbed to 87% YoY to âŹ1.5bn and âŹ5.3bn for the last 12 months reflecting a 60% YoY increase, while last 12 months GGR rose by 158% YoY to âŹ361.9m. Net revenue for the quarter reached âŹ11.7m, up 85% YoY, while EBITDA reached âŹ6m, reflecting a 117% YoY increase.
OddsMatrix hit a record number of live events with 530k in Q3, up 14% YoY. The total number of bets placed in Q3 reached 132m, reflecting a 225% increase YOY.
Platform saw third quarter net revenue rise 30% YoY to âŹ8.1m, with EBITDA at âŹ2.8m. GamMatrix, the EveryMatrix Player Account Management (PAM) system, processed 400k bets per minute during peak hours, up 18% QoQ, while also going live in Peru. The number of successful payment transactions reached âŹ4.4bn in Q3, a 91% YoY increase.
The Affiliate division, including PartnerMatrix and PartnerMatrix Intelligence, launched a new website combining affiliate software and affiliate intelligence products under one proposition. The business unit reached 82 active clients, an 11% QoQ increase and saw net revenue reach âŹ1.4m in Q3 2024, up 13% YoY. EBITDA decreased -âŹ0.25m due to continued product and commercial investment.
Ebbe Groes, Group CEO of EveryMatrix, said: âThe last few months have been some of the busiest since we founded the company 16 years ago; continuing to drive record GGR for our customers, launching more tier-1 operators and making two significant acquisitions that have instantly added value to the wider Group and that will futureproof both our sports and games divisions.
âAs a result of these deals we expect to see even more growth and profitability as we migrate more FSB customers to our technologies and our Games division accelerates production and distribution to become a significant global studio.
âWe are the clear frontrunner when it comes to being the fastest growing iGaming supplier.â
Q3 2024 HIGHLIGHTS
- Integration of FSB Technology into wider Group, double trading team and migration of customers to EveryMatrix technology
- Won Tier 1 operator in Africa, Mbet, on the back of the FSB acquisition (post period)
- Acquisition of Fantasma Games to futureproof Games business unit. This includes two new offices in Stockholm, Sweden and Sofia, Bulgaria, bringing the Groupâs office total to 15 worldwide (post-period)
- Pinnacle, tier-1 operator, live with EveryMatrix casino platform technology
- GamMatrix live in Peru with all certifications
- PartnerMatrix and PartnerMatrix Intelligence launch new website to create an all-in-one affiliate management and data tracking proposition
- Launch of LoyaltyEngine, advanced loyalty module where players earn XP, level up, and earn coins that can be spent in a Loyalty Shop
- Winner of the Multi-channel Supplier of the Year at SBC Awards and Starlet Awards
- Kevin Furlong promoted to Group Chief Product Officer with responsibility for product strategy across all business units
- Launch of âAcademy for Heroesâ, second EveryMatrix funded NGO. Designed to help veterans of the Ukraine conflict develop careers in IT
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The post EveryMatrix extends position as fastest growing iGaming supplier with twin 2024 acquisitions appeared first on European Gaming Industry News.
EveryMatrix Press Releases
EveryMatrix launches EveryMatrix Effect campaign
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EveryMatrix has launched âThe EveryMatrix Effectâ a unique on-demand video series designed to empower operators to overcome the biggest casino pain points and showcase the impact its technology has on more than 300 global customers.
The campaign is the second successive collaboration with iGaming Business following the award-winning Slot Trumps series that uncovered exclusive player behaviour data across the worldâs hottest casino markets. Slot Trumps received great industry acclaim and was viewed more than seven million times across all channels.
For the first time The EveryMatrix Effect video series is hosted on a dedicated section of the iGaming Business website and has been purpose-built to deliver expert insights, actionable tips and learnings and real-world success stories that will help operators navigate the complexities of online casino operations.
Each month the dedicated section will see a new video launched alongside a feast of analysis, data and testimonials discussing the common most challenges casino brands face, how to approach each one and evidence of the âEveryMatrix Effectâ across some of the tier-1 providers customers.
In the opening episode, Alexandra Breinig, casino sales manager at EveryMatrix, dives into one of the most important challenges operators face: limited access to quality content and the need for localisation when expanding into new markets. From European regulations to the agility of Latin American and African markets, she shares essential advice to help you stay ahead.
Here is a sneak peak of episode two, live next Wednesday. In this episode EveryMatrix tackles how operators can optimise lobby management and UI personalisation, adapting to market-specific needs and regulations.
Stian Enger Pettersen, CEO, Casino, EveryMatrix, said: âOver the course of 16 years EveryMatrixâs modular technology from casino and sportsbook to affiliate management, player account management and payments, has had a colossal impact on our customers driving record player volumes and revenues. We call this the âEveryMatrix Effectâ.
âWhether you are entering new markets, scaling your business or addressing ongoing issues, our carefully crafted on-demand video and content series offers data-driven best practices and performance metrics to support your success.â
The post EveryMatrix launches EveryMatrix Effect campaign appeared first on European Gaming Industry News.
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