OddsMatrix has posted record growth, profitability and a record number of bets for tier one customers in what it says is its “best-ever year.”

OddsMatrix

The EveryMatrix B2B sportsbook division saw a 90 per cent year-on-year rise in profitability to €191.1m from €100.2m.

Quarterly profits, meanwhile, climbed by more than 200 per cent to €74.5m in Q4 2023.

OddsMatrix CEO Tor Skeie said the company “fully intends” to build on the “record set of numbers.”

The business unit recorded its second highest ever month for gross gaming revenue in December 2023, posting €44.4m in GGR after a record November with €48.5m.

Furthermore, OddsMatrix live events also rose by a third year-on-year in 2023 to more than 1.8 million.

Skeie added: “Our sportsbook, both standalone, and as part of wider turnkey agreements, has become an essential technology product for the world’s largest brands.

“We’re delighted with its progress and the results it is having for our customers.”