EveryMatrix Company Profile
Background
Founded in 2008, EveryMatrix is a leading B2B iGaming technology provider headquartered in Malta. The company specializes in delivering modular and scalable software solutions for online casinos, sports betting, payments, and affiliate management. Serving over 300 clients worldwide, including Tier-1 operators and state lotteries, EveryMatrix is committed to empowering clients to implement innovative ideas and deliver exceptional player experiences in regulated markets. The company employs more than 1,300 professionals across 15 offices globally.
Key Strategic Focus
EveryMatrix's strategic focus centers on providing flexible, modular, and compliant iGaming solutions that cater to the diverse needs of its clients. The company's core objectives include:
- Product Diversification: Offering a comprehensive suite of products, including CasinoEngine (casino integration platform), OddsMatrix (sports betting solutions), GamMatrix (gaming management platform), PartnerMatrix (affiliate and agent system), BonusEngine (cross-product bonus system), JackpotEngine (jackpot management system), SlotMatrix (gaming content aggregation), and MoneyMatrix (payments processing).
- Market Expansion: Extending its global footprint by entering new regulated markets and forming strategic partnerships with local operators.
- Technological Innovation: Continuously enhancing its technological platforms to offer scalable and customizable solutions that integrate seamlessly with third-party and in-house technologies.
Financials and Funding
EveryMatrix has demonstrated robust financial performance in recent years:
- 2024: Achieved an all-time high annual net revenue of €181 million, marking a 59% year-on-year increase. The EBITDA reached €101 million, up 70% from the previous year.
- 2023: Reported a net revenue of €114 million, a 75% increase from 2022, with an EBITDA of €60 million, up 155% year-on-year.
The company's growth has been driven by strategic acquisitions, product innovation, and expansion into new markets.
Pipeline Development
EveryMatrix has been actively expanding its product offerings and market reach:
- Acquisitions: In 2024, the company acquired FSB Technology, enhancing its sportsbook capabilities and expanding into the UK and African markets. Additionally, the acquisition of Fantasma Games added 45 titles to its in-house gaming portfolio, strengthening its presence in North America.
- Product Launches: Introduced PlayMatrix, a live casino product, and LoyaltyEngine, a cross-vertical suite of gamification tools, in 2024.
- Market Entries: Expanded into the U.S. market by obtaining licenses in multiple states and forming partnerships with operators like Caesars Digital and Rush Street Interactive.
Technological Platform and Innovation
EveryMatrix's technological platforms are designed to be modular, scalable, and compliant, allowing operators to choose optimal solutions and integrate them with third-party and in-house technologies. Notable platforms include:
- CasinoEngine: A casino integration platform that aggregates content from various providers, offering operators a vast selection of games.
- OddsMatrix: A sports betting solution providing comprehensive sportsbook services, including odds feeds and risk management.
- GamMatrix: A gaming management platform offering player account management and regulatory compliance tools.
- PartnerMatrix: An affiliate and agent system that includes data intelligence tools for performance tracking and optimization.
- BonusEngine: A cross-product bonus system enabling operators to create and manage promotional campaigns.
- JackpotEngine: A jackpot management system allowing the configuration and management of jackpot campaigns.
- SlotMatrix: A gaming content aggregation platform providing access to a wide range of game titles.
- MoneyMatrix: A payments processing platform offering solutions for payments, fraud detection, and KYC compliance.
These platforms are designed to provide operators with the flexibility to tailor their offerings to specific market needs and regulatory requirements.
Leadership Team
EveryMatrix's leadership team comprises experienced professionals with diverse backgrounds:
- Ebbe Groes: Chief Executive Officer & Co-founder, Member of the Board.
- Stian Hornsletten: Head of Games & Co-founder, Member of the Board.
- Norbert Teufelberger: Chairman of the Board.
- Mark McMillan: Board Member.
- Gonzalo De Osma Bucero: Chief Financial Officer.
- Bobby Longhurst: Group Chief Commercial Officer.
- Tim Walls: Group Architect.
- Alina Alexandru: Chief Operations Officer.
- Mihnea Dobre: Chief Technology Officer.
- Stian Enger Pettersen: Head of CasinoEngine.
- Tor Skeie: Head of OddsMatrix.
- Samoil Dolejan: Head of GamMatrix.
- Vahe Khalatyan: Head of PartnerMatrix.
- Arthur Barker: Head of MoneyMatrix.
- Erik Nyman: President Americas.