Record quarterly results in EveryMatrix’s online casino division steered an overall Q1 net revenue rise of 39 per cent.
Casino net revenue, covering areas such as SlotMatrix, rose 44 per cent to €28.6m, while EBITDA climbed 29 per cent to €16.8m.
In EveryMatrix’s sports division, led by OddsMatrix, quarterly turnover increased 30 per cent year-on-year to €1.7bn, while gross gaming revenue (GGR) climbed 60 per cent to €154m.
The performance of both business units fed into an overall net revenue rise of 39 per cent to €54m, with EBITDA increasing 27 per cent to €28m.
Ebbe Groes, group CEO of EveryMatrix, said: “I’m very excited for 2025. Q1 was a solid quarter, a great start, and the rest of the year looks just as promising.
“We had a phenomenal year in 2024, which will be hard to beat, but thanks to the momentum we’ve set in motion during the last few years, I’m sure we’ll be able to do it.
“Our sports division never ceases to amaze me, breaking record after record. This quarter, we managed to reach 600,000 live events, all thanks to our ability to expand our coverage and add new products and features even while experiencing this much continuous growth.”
EveryMatrix’s Q1 highlights included a deal with Bet600 to migrate the operator from FSB, which EveryMatrix acquired last year. The company aims to have all clients migrated in 2025.
New Zealand’s SkyCity Entertainment Group agreed a full casino turnkey platform deal with EveryMatrix, which will complete later this year.
