EveryMatrix Eyes the US Gambling Industry, Files for License in New Jersey
Popular iGaming software developer EveryMatrix recently applied for a license with the New Jersey Division of Gaming Enforcement to supply industry-leading iGaming integration platforms to the leading operators in the state. The B2B operator is seeking permission for its latest gaming aggregator CasinoEngine.
Marking its Foray into the States
EveryMatrix wants to seize the opportunity and work closely with the established clients in the Garden State while expanding its footprints into some of the more recently regulated markets. The firm requested permission to deliver casino clients with its gaming aggregator solutions apart from existing and future gaming titles.
According to the firm’s official statement, Erik Nyman, President of EveryMatix Americas said, “We are pleased to announce that we’ve applied for a license in New Jersey and this is our first application in the United States. The Garden State has witnessed massive development and demand for iGaming over the past couple of decades. And this is largely due to the solid regulatory framework enforced by the authorities in stabilizing business and growth while ensuring player protection”.
“EveryMatrix plans to enter the US market in expansive phases. Our future lineup will support the continued growth of operators in Jersey and the other states as we continue to expand over the upcoming years”, Erik added.
Backed by consistent growth, online casinos, sportsbooks, and poker rooms in New Jersey have earned quite a few firsts during October. And the momentum built-up during the previous months saw analysts declare the region as projecting “shocking strength”.
As the online and retail sportsbooks in the state crossed the $800-million barrier for the first time, iGaming businesses and the state’s poker rooms crossed the $90 million hurdle, recording over $93.5 million in revenue, up 106.7% from $45.2 million posted the year before. Thus, filling up the state coffers by $14 million.
The Deal with AlgoSport
This is the second time in four weeks that EveryMatrix made it to the headlines. The firm recently signed a pact with the UK-based sports betting service provider Algosport to integrate and launch the latter’s services as part of its BetBuilder services suite.
Existing and future EveryMatrix clients will benefit from the partnership as the platform continues to offer multiple functionalities across a variety of gambling niches. Additionally, EveryMatrix is also looking forward to offering these services during pre-match and in-play, while the option of cashing-out is supported across every betting market.
According to Leigh Hardman, CEO of Algosport, “We are pleased to see our products live with EveryMatrix clients. Currently, we’ve shared our latest basketball and soccer versions and look forward to integrating our entire portfolio over the next few months”.
Ebbe Groes, the Group CEO of EveryMatrix responded by saying, “Algosport is the ideal partner as they share our enthusiasm of providing clients with exciting and innovative gaming solutions. We look forward to continuing our interactions with the guys and hope to turn this relationship productive”.