Issued by the Isle of Man Gambling Supervision Commission, the new licence will allow EveryMatrix to work with operators and third parties in regions around the world.
The permit will cover the supply of EveryMatrix’s range of igaming technology and services.
“The Isle of Man is one of igaming’s most reputable licensing regimes and we are pleased to have been granted a software licence to further accelerate our expansion into new territories,” EveryMatrix chief executive Ebbe Groes said.
“EveryMatrix is experiencing record growth across all our core areas of casino, sports and platform and securing licences in both established and emerging regulated jurisdictions is a key part of our future growth plans.”
Nathan Lunt, strategic partnership manager of Digital Isle of Man, an executive agency within Isle of Man government’s Department for Enterprise, also welcomed the news.
“The Isle of Man is home to a collection of successful and diverse igaming and software businesses and this is testament to its proposition which offers an experienced regulator and robust, mature licensing regime,” Lunt said.
“As home to some of the most influential companies in the industry, the Isle of Man has proven itself to provide unrivalled benefits for igaming companies seeking a licence, whether they be a start-up, SME or multinational organisation.
“At Digital Isle of Man, we are proud to be able to support businesses, such as EveryMatrix, every step of the way. We are delighted to welcome EveryMatrix to the Island’s ecosystem.”
Business growth
The licence comes after EveryMatrix in March also secured a supplier licence in Sweden. This came ahead of 1 July, when having such a licence will be mandatory for all suppliers looking to offer their services to operators in the country.
EveryMatrix’s new gaming software licence in Sweden has a five-year term.
In other news, EveryMatrix last week revealed that it had exceeded more than €4.00bn (£3.42bn/$4.37bn) in monthly turnover across its CasinoEngine platform.
EveryMatrix reached the milestone in May, it also surpassed four billion monthly game rounds during the same month.
Monthly casino turnover hit €2.00bn in May 2021, before rising to €3.00bn in February 2023 and €4.00bn just three months later in May. The provider took four years to reach the two billion rounds mark in July 2022, but doubled this figure in the 11 months that followed.
EveryMatrix also noted that monthly gross gaming revenue increased 50% over the last eight months. Revenue reached €150m in May this year, having hit €100m in November 2022 and €55m in June 2020.
Original article: https://igamingbusiness.com/gaming/online-casino/everymatrix-extends-reach-with-isle-of-man-licence/
