Leading B2B provider of innovative solutions and services for online casinos and sportsbooks EveryMatrix has announced the highest growth in its history. The company’s Q1 2023 results show record financial performance and profitability: Net Revenue of €23,5M, an incredible 69% Year-on-Year (YoY) growth, and an impressive 21% Quarter-on-Quarter (QoQ) increase.
For the Malta-headquartered brand, the first quarter of this year was very eventful with three dozen new contracts and many affiliate platform deals signed.
Creating More Value for Casino Operators
Q1 2023 was successful for all three business segments of EveryMatrix, with its sports division boasting a staggering €991M in turnover, which is more than a 210% YoY increase. The company also set a record GGR (Gross Gaming Revenue) result for its partner online casinos, generating €374M or 77% more than for the same period last year.
Extremely proud of all the business units and their teams, Ebbe Groes, Group CEO of EveryMatrix, said:
“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.”
Q1 2023 Major Milestones
The relaunch of bet-at-home.com following the team’s migration to the new platform and the strategic agreement with Hungarian lottery Szerencsejáték are two key milestones when it comes to the sports unit.
As for the online casino segment, the company penned an impressive number of deals to further expand its global reach, showing a strong focus on the attractive regulated markets across the United States. Only in March, EveryMartix sealed an important content agreement with betPARX, one of the largest mobile brands in the northeast of the U.S. and received a license in Connecticut, which became its fifth license in North America after Michigan, West Virginia, New Jersey, and Ontario.
During the first three months of 2023, the company also received a green light for its new gamification product JackpotEngine from the gambling authorities of Malta and Greece. In total, thirty-five different contracts were signed in eight jurisdictions, and nine new payment integrations were completed within the respective period.
Source:
“EveryMatrix delivers record growth”, everymatrix.com, May 4, 2023.
The post EveryMatrix Breaks Out to New Highs Showing Record Growth in Company History first appeared on RealMoneyAction.com.