EveryMatrix Press Releases

EveryMatrix delivers record growth in Q1 2023

Published

3 years ago

May 4, 2023

Reading Time: 3 minutes

B2B iGaming technology provider EveryMatrix announces its highest growth in company history.

EveryMatrix’s Q1 2023 update shows record financial performance and profitability across all business segments (Casino, Sports and Platform), launching its biggest ever platform migration project, signing a significant omnichannel deal with a tier-1 brand in Europe and reinvesting positive cashflow for future growth.

RECORD QUARTERLY RESULTS

For the first quarter of 2023 (Jan 1^st to March 31^st) the company recorded Net Revenue of €23.5 million, a staggering 69% Year-on-Year (YoY) growth and a 21% Quarter-on-Quarter (QoQ) increase. This is the sixth consecutive quarterly increase in a row.

The strong revenue growth resulted in record profits. EBITDA was up 119% YoY at €10.5m (€4.8m in Q1 2022) with a 3-year CAGR of 39%. EBITDA/Net Revenue margin rose to 45% driven by strong growth and successful cost control.

EveryMatrix set a record quarterly Gross Gaming Revenue (GGR) performance for operator partners within its casino business unit generating €374m, up 77% YoY compared to the same period in 2022.

The sports business unit continued to make impressive progress recording €991m in turnover, a more than 210% YoY increase. This strong growth is set to stay with two of the company’s largest deals signed in 2022 with bet-at-home and The Hungarian Lottery, Szerencsejáték, expected to be reflected in the last two remaining quarters of the year.

Ebbe Groes, Group CEO of EveryMatrix, said: “Records keep on being broken and that is all down to our people. I’m very proud of all our business units and their teams who are relentlessly driving quarter-on-quarter growth for the business and for our partners across all areas.

“This year is all about delivering and going above and beyond for our global customers. We have several large-scale projects underway including a successful platform migration and new look sportsbook for bet-at-home, with Germany to come shortly, and the launch of the Hungarian lottery’s new digital sports offering later this year.

“I’m more excited than ever for the future growth of EveryMatrix, with new omnichannel agreements being signed, and new, innovative gamification features set to create even more value for our operator partners.”

CASINO, SPORTS & PLATFORM GAIN FURTHER MOMENTUM

Casino recorded its fifth quarterly record Net Revenue in a row (€10.8m), up 84% YoY compared to Q1 2022, with EBITDA margin rising to 52%.

Sports Net Revenue was up 29% to €5.9m compared with the same period last year with the team migrating and relaunching bet-at-home .com within the EveryMatrix platform and focused on delivering bet-at-home.de, alongside a new digital sportsbook offering for the Hungarian lottery Szerencsejáték, later this year.

Bet-at-home also became the first tier-1 brand to use EveryMatrix’s new, enhanced front-end sportsbook which will be offered to other customers going forward.

The Platform segment reported a Net Revenue increase of 97% compared to the same period last year with a record EBITDA contribution of €3.4m with the business supporting both casino and sports business units.

KEY MILESTONES IN Q1

Launched bet-at-home .com on EveryMatrix platform and tech stack with new look front-end; on track to launch bet-at-home.de in Q2 2023
Signed significant omnichannel and managed services agreement with a tier-1 operator in Croatia
35 new contracts signed in eight different jurisdictions including three turnkey clients
14 new affiliate platform deals signed compared to eight in Q1 2022
Nine new payment integrations delivered
Received licence approval in the US state of Connecticut; fifth North American licence after Michigan, West Virginia, New Jersey and Ontario, Canada
Agreed content deal with US brand betParx, one of the largest mobile brands in the northeast of the US
Received MGA (Malta) and Greece licence approval for new jackpot gamification product JackpotEngine

EveryMatrix group

Jonas Groes named EveryMatrix Group Co-CEO

Published

2 days ago

November 18, 2025

George Miller

jonas-groes-named-everymatrix-group-co-ceo

Reading Time: 2 minutes

Jonas Groes, highly experienced technology, finance and policy leader will become co-CEO of EveryMatrix from January 1^st 2026 alongside company Co-Founder Ebbe Groes.

A long-time advisor, Jonas will join his brother at the beginning of the New Year to lead the business as it continues to scale and provide advanced turnkey platform technology to an increasing number of the world’s biggest brands and lotteries.

Jonas has a long and distinguished business career including the last 10 years as Partner of EY’s Nordic Consulting practice consisting of more than 1,200 people leading high-level projects with a focus on strategy, innovation and digitalisation towards major Government and infrastructure clients.

He is a results-driven leader with extensive experience in both public and privately owned companies with strong knowledge of technology, finance and policy. He will be based in Copenhagen, Denmark where EveryMatrix has recently opened an office.

Ebbe Groes, Co-Founder and Group CEO, EveryMatrix, said: “As the company’s growth continues, tripling our headcount in the last five years, and as we work with more of the largest gaming brands and lotteries, I needed to find someone who knows what it takes to scale a business and reach the ambitious targets we have for the next five years.

“Doing this means I will have more time to work on strategy and execute all the things we want to do to become a global top three tier-1 technology provider by 2030.”

“To share a CEO position requires complete trust at both personal and professional level. Jonas is the perfect candidate and I know he will go on to do amazing things at EveryMatrix. I’m very excited to soon be sharing the CEO position with him.”

Jonas Groes said: “Stepping into this role at EveryMatrix alongside my brother Ebbe is a dream come true. What he, Stian Hornsletten, and the rest of the team have built is nothing short of phenomenal and I’ve seen close hand just what it takes. We work well together and our differences and combined strengths complement one another. I can’t wait to get started.”

The post Jonas Groes named EveryMatrix Group Co-CEO appeared first on European Gaming Industry News.

Danske Spil

Danske Spil selects EveryMatrix to power casino and bingo offerings

Published

2 weeks ago

November 3, 2025

George Miller

danske-spil-selects-everymatrix-to-power-casino-and-bingo-offerings

Reading Time: 2 minutes

EveryMatrix platform technology has been selected by tier-1 operator Danske Licens Spil to power its casino and bingo in a long-term partnership.

Denmark’s leading casino brand and a subsidiary of state-owned Danske Spil will migrate its casino and bingo business from its existing provider to the EveryMatrix tech stack ready for a summer 2026 launch.

This includes EveryMatrix’s proven gamification and engagement tools enabling the brand to offer its customers richer, more engaging experiences while increasing acquisition and retention levels.

The partnership marks the tier-1 supplier’s most significant casino platform deal of this year and another large-scale state-owned operator signing a long-term technology agreement, cementing EveryMatrix’s place as one of the world’s most trusted and valuable iGaming platform providers.

It has delivered and won its largest tier-1 platform deals and generated record-breaking growth and profitability for both the business and its customers via its turnkey platform offering with casino, sports betting and technologies at the heart of its success.

Ebbe Groes, Group CEO & Co-Founder, EveryMatrix, said: “To earn the confidence of the Danske Licens Spil’s management team to deliver this project and replace their existing platform technology for the first time since Denmark regulated in 2012 is a huge endorsement. I’d like to personally thank them for the trust they’ve placed in EveryMatrix.

“The rate at which we’re winning and delivering large, tier-1 turnkey platform deals to power some of the world’s best-known brands is rapidly accelerating. This is thanks to the tireless efforts of our experts and the superior technology solutions they design and deploy.”

Søren Schneider, iGaming Director at Danske Licens Spil, said: “After a thorough selection process, we have chosen EveryMatrix as our future platform partner for casino and bingo. We look forward to leveraging their modern and flexible technology to enhance our offering and provide an engaging and responsible gaming experience for our customers. EveryMatrix’s agile platform makes it easy for us to integrate with a wide range of game providers, strengthening both our offering and the overall player experience.”

The post Danske Spil selects EveryMatrix to power casino and bingo offerings appeared first on European Gaming Industry News.

EveryMatrix Press Releases

SlotMatrix gets spooky with the launch of Ghost Pigger

Published

4 weeks ago

October 24, 2025

George Miller

slotmatrix-gets-spooky-with-the-launch-of-ghost-pigger

Reading Time: < 1 minute

SlotMatrix, the world’s largest casino content aggregator, has embraced the Halloween spirit with its latest exclusive release, Ghost Pigger.

Combining high energy rhythm and rewarding gameplay in a disco-fuelled haunted house, Ghost Pigger makes for a truly unique slot experience. The 96.09% RTP, medium volatility, and maximum win potential of up to 13,712x keep the players engaged.

At its core, Ghost Pigger features a dual-volatility bonus system designed to suit every playstyle. Players can choose between the Zombie Party Bonus, a Hold and Win feature with steady cash accumulation, or the Sticky Groove Bonus, offering eight free spins with Sticky Wilds and the potential for bigger payouts.

Adding even more excitement, the Coin Collect Multiplier increases a persistent multiplier each time a Collect symbol lands without coins. When two Collect symbols land together, the Star Duet Respins triggers, locking coins in place and doubling payouts for an electrifying win sequence.

The Big Boogie Spin is a feature that can trigger at any time, expanding the reels into a giant 4×4 grid and creating the potential for great rewards.

Available exclusively via SlotMatrix, Ghost Pigger is enhanced by EveryMatrix’s proprietary gamification tools, including free spins and leaderboards, and can be seamlessly integrated with EngageSuite, the all-in-one player loyalty solution.

Stephen Orchard, Head of Commercial Operations, SlotMatrix, said: “Ghost Pigger is a fantastic seasonal title. It’s very dynamic, with no dull spins, and so many rewarding mechanics. On top of that, it has the best visuals and most fluid animations.

“I believe we managed to develop a timeless treasure, and such a slot will be loved by players even after the Halloween season.”

The post SlotMatrix gets spooky with the launch of Ghost Pigger appeared first on European Gaming Industry News.