EveryMatrix Expands Its Reach in North America Through Caesars Digital Partnership
Date: 2023-11-29 Author: Dima Zakharov Categories: EVENTS
EveryMatrix's Growth Spurt in North America:
EveryMatrix's strategic alliance with Caesars Digital marks a crucial step in its expansion in North America. The company, already licensed in Michigan, New Jersey, West Virginia, and Ontario, Canada, is further solidifying its foothold by actively pursuing licensing in Pennsylvania and recently securing one in Connecticut.
A Boost for Caesars' Offerings:
Thanks to this collaboration, EveryMatrix will supply a plethora of real-money games, including popular titles from its in-house studios like Armadillo Studios. The integration will be facilitated through EveryMatrix's iGaming aggregation solution, SlotMatrix, enhancing the gaming catalog for Caesars Palace Online Casino and Caesars Sportsbook & Casino.
Impressive Q3 Results and Growth Trajectory:
EveryMatrix's decision to join forces with Caesars comes on the heels of its robust Q3 2023 results. The company reported a remarkable year-over-year growth of 62% in net revenue and an astounding 113% in adjusted EBITDA. These results not only showcase EveryMatrix's financial strength but also position the company for further expansion in the future.
Caesars Digital's Enthusiasm:
Matthew Sunderland, Caesars Digital’s SVP and chief iGaming officer, expressed excitement about the partnership. He highlighted the addition of EveryMatrix's fan-favorite titles, stating that it brings a new dimension to their iGaming portfolio, aligning with player interests across jurisdictions.
EveryMatrix's Perspective:
Erik Nyman, EveryMatrix Americas’ president, shared his enthusiasm about growing the company's partner portfolio with Caesars Digital. He emphasized the collaboration as a milestone for EveryMatrix's U.S. growth, expressing delight in powering one of the nation's leading iGaming brands.
