EveryMatrix files for licenses in West Virginia and Michigan

EveryMatrix files for licenses in West Virginia and Michigan

EveryMatrix, an iGaming platform provider, is making rapid progress in multiple commercial negotiations and has filed for licensing in West Virginia and Michigan to support its robust sales pipeline. 

EveryMatrix continues US market expansion

The company has filed for two additional jurisdictions in West Virginia and Michigan, with other filings expected soon.

Both West Virginia and Michigan have enacted legislation allowing for online casinos and sports betting, making these markets extremely attractive for EveryMatrix and its future clients. They will benefit from the company’s in-house, fully turnkey platform.

EveryMatrix is continuing to grow its business in the United States, having already signed agreements with Tier-1 operators such as Kindred Group and Resorts Digital and key payment providers such as PXP Financial and Nuvi. The application for the two-state licenses comes on the heels of the company’s Q3 interim report, which revealed a gross profit of €6 million in its casino sector, despite regulatory headwinds in Germany due to the implementation of the Fourth Interstate Gambling Treaty.

EveryMatrix noted that Germany accounted for 24% of its gross gaming revenue in Q3 2021, down 50% in Q3 2020. Despite the decline in Germany, EveryMatrix stated that its ‘overall strong positive earnings’ have allowed for ‘further investment in its casino product.

“To support our business advancements and multi-state partnerships, we have now filed license applications in West Virginia and Michigan,” says Erik Nyman, President EveryMatrix Americas. It aligns with our stated goal and objective of launching our technology and products in states that permit full casino and sports betting offers. I’m delighted with EveryMatrix’s progress in the United States and look forward to an exciting 2022.”

About the company

EveryMatrix is a market-leading B2B provider of iGaming software, solutions, content, casino services, sports betting, payment processing, and affiliate/agent management to Tier-1 operators and emerging brands. The platform is highly modular, scalable, and compliant, enabling operators to select the optimal EveryMatrix solution based on their specific requirements and existing in-house technology and capabilities.

The company enables clients to innovate and provide exceptional player experiences in regulated markets. The company employs 650 people in nine countries and serves more than 120 customers globally, including the regulated US market. EveryMatrix is a member of the World Lottery Association, the European Lotteries Association, and the United States’ iDEA Growth.

 

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.