This week in B2B news (05 May)
All of the latest news from the supplier side of the industry, including updates from Soft2Bet, Mindway AI and EveryMatrix
EveryMatrix delivers record growth in Q1
EveryMatrix has posted record financial results for Q1 2023, including net revenue of €23.5m, up 69% from Q1 2022.
EBITDA jumped 119% to €10.5m from €4.8m, while the group’s sports betting unit generated turnover of €991m.
Casino achieved its fifth quarter of record net revenue in a row with €10.8m with sports net revenue, up 29% to €5.9m.
Ebbe Groes, EveryMatrix CEO, 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.”
Soft2Bet lands Swedish B2B licence
Soft2Bet has secured a B2B licence in Sweden ahead of regulatory change in the market planned for July.
The licence approval will allow the firm to continue to provide its content to Swedish operators and its three B2C brands: Betinia, YoyoCasino and CampoBet.
The five-year licence will run from 1 July until 30 June 2028 as the supplier looks to commit to the Scandinavian market.
David Yatom, Soft2Bet general counsel, said: “Soft2Bet has been focused on the Swedish market for quite some time now and, so, we are pleased to be cementing our footprint in the Swedish market both in the B2B and B2C spheres. This is a terrific achievement for the company which will be followed by many others.”
Mindway AI agrees Doura-Schawohl Consulting partnership
Mindway AI has teamed up with global government relations firm Doura-Schawohl Consulting to bolster player protection in the US.
The pair will join forces to offer their services and expertise to operators throughout the country.
Rasmus Kjaergaard, Mindway AI CEO, said: “By integrating our services with one of the most reputable gambling industry consultants, influencers and lobbyists, we provide an efficient, one-stop ramp-up for companies in the US looking to establish a solid safer gambling framework. I believe this will be a great start of something awesome.”
Brianne Doura-Schawohl, Doura-Schawohl Consulting CEO, added: “The gambling world needs to constantly evolve and modernise, especially in the areas of harm reduction and prevention, and this partnership will merge principles of data science and global policy expertise to benefit the entire industry.”
ESA Gaming launches portfolio with Octavian Lab
ESA Gaming has bolstered its presence in Italy after rolling out its content with platform provider Octavian Lab.
Games such as Goal Mine, Basketball Mine and Fruits Staxx will go live for Octavian Lab’s operator partners.
Maria Luisa Malfasi, ESA Gaming business development manager, said: “Integrating our games into Octavian Lab’s offer and gaining access to their Italian operator partners is great, and we look forward to adding to our offering in 2023 and bring fantastic entertainment to local players.”
Emanuele Nocentelli, Octavian Lab CEO, added: “We are thrilled to strengthen both our platform and aggregator offering with ESA Gaming’s unique non-traditional and innovative content. This vertical is quickly increasing in popularity with Italian players and ESA Gaming is a leader in the space and will bring great value to our partners.”
BGaming inks iBETSOFT deal
BGaming has put pen to paper on an agreement with platform supplier iBETSOFT to bring its slots portfolio to the Asian market.
More than 100 of BGaming’s slots will go live on the platform as the firm looks to expand its presence and brand awareness in the region.
Olga Levshina, BGaming head of sales, said: “We have previously shared ambitions for expansion across Asia and I hope this marks the beginning of growth in the region. We look forward to providing our much-loved slots to iBETSOFT’s registered players.”
An iBETSOFT spokesperson added: “At iBETSOFT, we’re excited to be collaborating with BGaming to offer comprehensive white label system solutions to the igaming industry. Together, we’re committed to delivering the high-quality gaming experiences that keep players coming back for more.”
Oddin.gg partners with Stake
Oddin.gg has partnered with crypto operator Stake to provide its esports odds feed service and risk management solution to the gaming-led firm.
Stake will benefit from an enhanced offering as the operator aims to continue to meet market demand for esports betting.
Marek Suchar, Oddin.gg co-founder, said: “We share the same interest in continuously enhancing the esports betting experience and user engagement for players all around the world. With Stake, the stakes are even higher than before.”
Dominic Hardcastle, Stake director of operations, added: “The selection of Oddin.gg was straightforward, given their expertise and perfect range of products for our purposes. Our new partnership with Oddin.gg will help us double down on our investment in esports crypto betting.”