EveryMatrix has reported strong trading throughout 2022, closing the year with gross profit of €65m, driven by ‘significant growth’ across both its sports and casino segments. Year end revenue rose by 26% year-on-year from €51.3m, whilst quarterly trading was also positive, having increased by 39% YoY to €19.4m, whilst annual EBITDA stood at €23.3m. This marked an overall full year …
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OddsMatrix Data Feeds has expanded the selection of products available to its operator partners by completing the integration of Kiron Interactive’s range of virtual games. The move means that clients of the EveryMatrix-owned data solutions supplier now have access to odds, streaming and settlement for more than ten of Kiron’s premium virtual sports titles. Alexander Jones, Business Development Officer at …
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EveryMatrix has declared a new operating milestone for its OddsMatrix sports betting platform that has achieved over a €1bn turnover to date in 2022. The technology group cited that OddsMatrix had surpassed all 2021 metrics during Q3, which saw the proprietary built sports betting engine break the €1bn barrier. Helping its record momentum, OddsMatrix achieved back-to-back record turnover results during …
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Expressing confidence in its global growth strategy, EveryMatrix has lauded product diversification and a broad client base as factors behind an 17% increase in Q2 profit. The Malta-headquartered B2B sportsbook supplier reported total gross profit rose year-on-year to €14.9m (Q1 2021: €12.7m), with a four-year compound annual growth rate (CAGR) of 35%. Total revenue , meanwhile, grew by 41% to …
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World Cups are the pinnacle of the sports betting calendar to attract new customers and drive engagement, but with the 2022 tournament unusually taking place in the winter, what does this mean for betting trends? As operators prepare for the biggest tournament of the year, we spoke with multiple providers from the sports betting industry to examine how this year’s …
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EveryMatrix has moved to strengthen its OddsMatrix business by acquiring specialist sports betting developer Leapbit in a move that will bolster the unit’s omni-channel capabilities. Updating stakeholders, the firm disclosed that the acquisition of Leapbit will transform “OddsMatrix platform to a true omnichannel solution” securing new tech provisions to offer a “comprehensive retail-focused software solution, including virtual sports and lottery …
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Although acknowledging difficulties in the re-regulated German market, EveryMatrix has detailed strong trading in 2021, in particular experiencing significant growth for its sports services. Publishing its Q4 and full year trading results, the company reported a profit of €13.9 million in the fourth quarter of last year, an increase of 26% compared to the same period last year. Meanwhile EBITDA …
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EveryMatrix has reported ‘record turnover’ for its sportsbook platform OddsMatrix during the fourth quarter of 2021, lauding a ‘great milestone’ for the company. The igaming platform provider detailed a monthly average of over €100 million in total bets placed, almost double that of the same corresponding time period one year prior. Additionally, EveryMatrix also identified a ‘massive increase’ in engagement …
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With domestic European football just underway and the realisation that Qatar 2022 will be here before we know it, Ebbe Groes, Group CEO at EveryMatrix, digs into the vital issue of sportsbook profitability. Whether it is professional football, table tennis or FIFA, one aspect of a sports fan’s passion is always placed above all else. It isn’t the skill of …
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Luckbox is set to undertake an overhaul of its core operating systems powered by technology solutions from Aspire Global. Real Luck Group, the TSXV-listed management company of Luckbox, has entered a strategic partnership with Aspire Global to serve as Luckbox’s lead casino and sports betting systems provider. The partnership will see Aspire’s BtoBet Neuron platform replace EveryMatrix’s OddsMatrix engine as …
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