EveryMatrix has secured its latest regulatory approval, receiving a licence from the Isle of Man Gambling Supervision Commission.
The Malta-headquartered B2B firm highlighted that Isle of Man’s gambling regulator is a ‘body that upholds the highest regulatory standards’, and so brings ‘many benefits’ to EveryMatrix’s brand and image via association.
From a commercial perspective, the licence will enable EveryMatrix to enter into partnerships with B2C betting and gaming brands which are also licenced with the regulator.
Ebbe Groes, CEO of EveryMatrix, remarked: “The Isle of Man is one of igaming’s most reputable licensing regimes and we are pleased to have been granted a software licence to further accelerate our expansion into new territories.
“EveryMatrix is experiencing record growth across all our core areas of casino, sports and platform and securing licences in both established and emerging regulated jurisdictions is a key part of our future growth plans.”
The Isle of Man licence marks the third major regulatory development for EveryMatrix this year, further strengthening the firm’s profile across the European betting and gaming industry.
Back in March the company became one of the first suppliers to receive a licence under Sweden’s new system for B2B firms. Groes has highlighted ‘significant growth opportunities’ for the company in Sweden.
Meanwhile, May saw the Malta Gaming Authority (MGA) approve the company’s JackpotEngine solution, which it can now provide to licensed B2C firms via its CasinoEngine and SlotsMatrix divisions.
Nathan Lunt, Strategic Partnership Manager, Digital Isle of Man, said: “We are delighted to welcome EveryMatrix to the Island’s ecosystem. The Isle of Man is home to a collection of successful and diverse eGaming and software businesses and this is testament to its proposition which offers an experienced regulator and robust, mature licensing regime.
“As home to some of the most influential companies in the industry, the Isle of Man has proven itself to provide unrivalled benefits for eGaming companies seeking a licence, whether they be a start-up, SME or multinational organisation, and at Digital Isle of Man, we are proud to be able to support businesses, such as EveryMatrix, every step of the way.”