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EveryMatrix set for another standout year with strong Q1 performance

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EveryMatrix has kicked off 2025 with powerful momentum, reporting a standout first quarter of exceptional revenue growth and profitability.

The tier-1 iGaming technology platform supplier delivered a very strong first quarter performance, with net revenue reaching €54 million, up 39% Year-on-Year (YoY), and EBITDA increasing to €28m, up 27% YoY, driven by strong growth from existing clients and innovative product launches.

EBITDA margin reached 52%, making it the eighth consecutive quarter above 50%, as the company continues to scale its platform and casino content technologies while maintaining strong financial discipline.

The last twelve months’ EBITDA reached €107m, up 50% YoY, building on 2024’s milestone achievement of surpassing €100 million in annual EBITDA.

Q1 MILESTONES SIGNAL POWERHOUSE YEAR AHEAD

A highlight of the first quarter was the successful migration of Bet600 – the first full turnkey FSB Technologies customer in the UK – to the EveryMatrix platform. The company aim remains to have all clients fully migrated in 2025 thereby realizing large cost synergies from this key acquisition.

EveryMatrix launched its cutting-edge proprietary Horse Racing solution by combining FSB’s proven knowledge and experience in Horse Racing with the innovation of OddsMatrix development teams. It provides global horse racing coverage with 10k+ monthly events, full system bets offering with bonusing capabilities and configurations and a purpose-built Horse Racing front end with rich Racecard content & live streaming integrations among some of the features.

A landmark deal was signed to deliver a full casino turnkey platform solution to SkyCity Entertainment Group.  SkyCity is one of New Zealand’s largest entertainment companies owning five land-based casinos across both NZ and Australia and the online casino brand SkyCitycasino.com. SkyCity migrates from their current provider to EveryMatrix later this year.

SPORTS SURGE AND STRONG CASINO & PLATFORM GROWTH

Q1 2025 saw the company’s sports division deliver exceptional growth, with quarterly sports turnover rising 30% YoY to €1.7b, while GGR climbing 60% YoY to €154m on the back of continued strong trading margins. The last twelve months (LTM) turnover hit €6.3b, reflecting a 48% YoY increase, with GGR rising by 92% YoY to €505m. Part of the growth came from reaching a record number of nearly 600,000 live events, a 24% YoY increase.

Casino experienced the strongest quarterly financial results to date, with net revenue climbing to €28.6m, up 44% YoY, while EBITDA reached €16.8m, up 29% YoY. Casino GGR reached €753m, a 22% YoY increase, with the LTM reaching €2.9b, a 38% YoY increase.

GamMatrix, the company’s Gaming and Player Account Management Platform, experienced a net revenue increase of €8.6m, up 18% YoY, while EBITDA landed at €2.4m, a 23% decrease YoY. The decrease in EBITDA margin is related to a change in internal revenue allocation.

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.”

Q1 2025 HIGHLIGHTS

  • Reached net revenue of €54m, up 39% YoY, with EBITDA at €28m, up 27% YoY, driven primarily by strong growth from existing clients.
  • EBITDA margin reached 52%. Last twelve months’ EBITDA reached €107m, up 50% YoY.
  • Migrated Bet600 from FSB to EveryMatrix platform, the company’s first such migration.
  • OddsMatrix’s brand new Horse Racing product went live with this launch.
  • Signed New Zealand’s SkyCity Entertainment Group to deliver a full casino turnkey platform solution.
  • First three dedicated blackjack tables went live, another step up for the business’ PlayMatrix live dealer product.
  • Launched OddsMatrix feeds for LeoVegas Group to enhance their global sportsbook offering.
  • Won Norsk Tipping’s Casino and eInstant RFP, the largest-ever SlotMatrix deal, delivering aggregation, in-house and bespoke content.
  • Launched SlotMatrix casino content with Caesars Entertainment across five U.S. states, expanding U.S. presence (post-quarter).
  • Introduced New Odds Models for Football and Handball and enhanced retail Self Service Betting Terminals (SSBTs).
  • Introduced real-time Rakeback through LoyalityEngine, the company’s Newly Launched Cross-Vertical Loyalty Program.
  • Integrated 14 new casino vendors, now totalling 185+ and 345+ content providers.
  • Signed 20 new PartnerMatrix clients.

 

Read the full Q1 2025 Update on EveryMatrix.com 

The post EveryMatrix set for another standout year with strong Q1 performance appeared first on European Gaming Industry News.

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AGS Named One of U.S. News & World Report’s 2025–2026 Best Companies to Work For

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June 25, 2025

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AGS, a global gaming supplier known for its high-performing slot, table, and interactive products, has been named one of U.S. News & World Report’s 2025–2026 Best Companies to Work For.

AGS was selected as one of U.S. News & World Report’s Best Companies to Work For, placing in the top 30 percent of 2,119 publicly traded companies evaluated. To be eligible, companies were required to have more than 75 employee reviews on Glassdoor submitted between 2021 and early 2025, alongside strong workplace data across key metrics.

The U.S. News evaluation assessed companies based on employee sentiment and six key workplace factors: quality of pay and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, belonging and esteem, and career opportunities and professional development.

AGS was honored in the following categories:

  • Best Companies to Work For – Overall
  • Best Companies to Work For in the West
  • Best Companies to Work For in the Media and Communications Industry
  • Best Companies to Work For – Top Workplace Environment
  • Best Companies to Work For – Top Engineering Jobs

In Nevada, AGS was one of only two companies featured on the 2025–2026 list.

“Our recognition by U.S. News & World Report is especially meaningful because it reflects what our employees have shared about their experience working at AGS,” said Kim Nasuta, Senior Vice President of Human Resources. “The hundreds of Glassdoor reviews submitted over the past several years tell a powerful story about a culture rooted in trust, transparency, and opportunity. We are proud to foster an environment where people feel supported, empowered, and excited to come to work every day.”

AGS was also recently named a 2025 Best and Brightest Companies to Work For in the Nation and in Atlanta, and recognized by USA TODAY as a 2025 Top Workplace in the U.S.

The post AGS Named One of U.S. News & World Report’s 2025–2026 Best Companies to Work For appeared first on Gaming and Gambling Industry in the Americas.

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Relax Gaming gets the party started with Groovy Knights Dream Drop

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2 hours ago

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June 25, 2025

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Relax Gaming, the iGaming aggregator and supplier of unique content, has launched Groovy Knights Dream Drop, its latest slot release packed with funky features and lucrative jackpot potential.

Groovy Knights brings a fresh disco twist to the popular Dream Drop series, giving players the chance to spin their way to wins of up to 10,000x a Dream Drop jackpot worth up to €2 million, and if that wasn’t enough, brand-new Daily Jackpots as well.

Set across a vibrant 5×4 reel layout, Groovy Knights Dream Drop is designed to keep the energy high with features that include Knight Re-Spins, Walking Wilds, multipliers up to 100x, and a ‘second chance’ mechanic to keep players in the groove.

Landing one or more Knights triggers a Knight Re-Spin, where the funky knights dance across the reels, boosting wins and multipliers as they go. When two Knights meet, the Disco Knight Feature kicks in for even bigger rewards. Players looking to jump straight into the action can use the Buy Feature to guarantee an immediate Knight Re-Spin or a Disco Knight for maximum entertainment.

True to the Dream Drop name, the jackpot bonus can trigger on any spin when the word ‘Dream’ lands on the top row, giving players a shot at one of five progressive jackpots, including the new Daily Jackpot.

Relax Gaming continues to expand its award-winning portfolio with titles designed to deliver unique gameplay, innovative mechanics and market-leading jackpot experiences.

Kunal Patel-Smith, Game Production Director at Relax Gaming, said: “With Groovy Knights Dream Drop, we’ve brought together a fun disco theme with our proven Dream Drop mechanics and some fresh twists to keep players engaged. The combination of lively features, strong win potential, and a must-win jackpot makes this a standout addition to our growing Dream Drop family.”

The post Relax Gaming gets the party started with Groovy Knights Dream Drop appeared first on European Gaming Industry News.

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WA. Technology Launches New Global Sportsbook Managed Service

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June 25, 2025

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Global iGaming solutions provider, WA. Technology has launched a new Sportsbook Managed Service to allow operators to improve their offering and maximise profitability through a team of industry-leading experts.
The latest service launched by the company provides sportsbooks with a more granular approach to their risk and trading strategy which will get the most out of their content, improving efficiency through improved profiling, reporting, and content management.
The team will finely analyse margins from sports, leagues, and events down to the market offering.
Available to sportsbooks around the world and compatible with any software provider via third-party technology, the aim is to achieve strong results for brands at a fraction of the price of hiring a full team.
The Sportsbook Managed Service brings a human approach to customer profiling by reducing risk exposure through rejected bet monitoring, stake factoring, and watchlist monitoring. The team will also ensure that available features are used to their full potential, including analysing cashout algorithms.
Using WA Technology’s experience of managing sportsbooks all over the world, the service targets the promotion of localised content, identifies inefficiencies or areas of concern to keep margins in line with competitors in the region, and provides regular reports and analysis to operators with changes made to strategy and the effect on performance.
The Sportsbook Managed Service has been offered to existing WA Technology platform clients for five years as part of other packages, but with increasing interest to provide this externally, this has been refined to be an individual offering to sportsbooks.
In-house, the team has managed a large number of clients across Brazil, Mexico, India, Eastern Europe, and Africa. Since launching the service, four sportsbooks have already joined and seen increased results.
The service is led by Commercial Director Dave Hickey and Risk & Trading Manager Niall Creevey, supported by a team of 24 people, with decades of experience in risk and trading, as well as operations staff who have been handpicked from tier one operators.
Dave Hickey, Commercial Director at WA. Technology commented on the new service: “We understand the high standards required to support an operator in a hugely competitive market, and that’s why our super team of highly experienced professionals is perfect for those brands looking to make immediate improvements.
“This market-leading Sportsbook Managed Service has a proven track record for in-house clients and has also been trialled externally on new brands across areas such as Africa, Brazil, and Eastern Europe to ensure that it works seamless in any territory, and that’s why we’re delighted to officially launch this and have already signed our first contracts.”
Niall Creevey, Risk & Trading Manager, added: “Our focus is to build on this successful offering by bringing it to the wider market and simplifying the lives of operators. Whether it’s short-term to help a new business or long-term due to the expertise at our disposal at a cost-effective amount, we increase the efficiency of a sportsbook through local knowledge and customer profiling, which is tailored specifically to the client’s needs and ultimately increases their profitability.”

The post WA. Technology Launches New Global Sportsbook Managed Service appeared first on European Gaming Industry News.

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