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EveryMatrix Partners with US sports betting company

Lea Hogg October 5, 2023
EveryMatrix Partners with US sports betting company
B2B iGaming technology provider EveryMatrix has joined forces with U.S. Integrity (USI), a leading sports wagering monitoring company, to assist in odds and market aggregation delivery as USI continues to innovate solutions designed to safeguard North American sports betting stakeholders from betting-related fraud and corruption. EveryMatrix will provide USI with its OddsMatrix real-time data feeds and sports data API solutions. USI will leverage this information, alongside other data sources, to provide sportsbook operators, professional and collegiate sports properties and state regulators with timely and relevant alerts into suspicious betting activity. This data, in part, will be used to identify any irregularities across the regulated sports wagering ecosystem. With extensive global sports and esports coverage, OddsMatrix has grown into one of the most comprehensive data solutions in the industry, designed to help bookmakers and platform providers diversify their betting offering delivering real-time betting odds, scores, and settlements.EveryMatrix has licences in New Jersey, Michigan, West Virginia, Ontario in Canada and most recently Connecticut with the regulatory process underway in Pennsylvania. Erik Nyman, president EveryMatrix Americas, said: “We are thrilled to partner with U.S. Integrity and provide our world-class data feed product to the integrity monitoring leader in the U.S market. Since our inception, EveryMatrix has focused on product excellence and modularity to fit customers’ specific needs. Our data feeds are used by operators globally, most commonly as an add on to successful sportsbooks. “We are very proud to continue to innovate and deploy our data feeds for monitoring purposes as it further demonstrates EveryMatrix’s vast capabilities and desire to build a safer iGaming and sports betting community.” Matthew Holt, U.S. Integrity, CEO and co-founder, said: “The OddsMatrix data feed product will help assist our monitoring efforts across regulated sports wagering markets. We’re pleased to collaborate with another data supplier that is committed to combatting betting-related fraud and corruption.”

Remarkable H1 results

EveryMatrix EBITDA for seven consecutive quarters with Q2 2023 at 55%.. (Source: SiGMA)
EveryMatrix has reported a remarkable seventh consecutive record-breaking quarter in Q2 2023, showcasing an impressive 55 percent surge in profit margin. The company’s financial prowess is highlighted by a net revenue of €27 million and an EBITDA of €15 million, marking substantial year-on-year increases of 82 percent and 188 percent, respectively. This exceptional performance extends across all business segments, with the casino segment contributing to a quarterly Gross Gaming Revenue of €432 million, an 86 percent increase, while the sports betting unit delivered a GGR of €57 million, up 137 percent. EveryMatrix also expanded its customer base through the strategic acquisition of DeepCI, a data-driven betting and gaming affiliate optimization service. CEO Ebbe Groes expressed confidence in the company’s trajectory, emphasizing their commitment to delivering high-quality technology and services. With a growing workforce and strategic moves, EveryMatrix is well-positioned for continued success in the betting and gaming industry.

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