All of the latest news from the supplier sector of the industry, including updates from EveryMatrix, Relax Gaming and Abelson Info
EveryMatrix posts strong Q2 2022 results
EveryMatrix has posted a 17% year-on-year rise in Q2 2022 gross profit to €14.9 million alongside a four-year CAGR of 35%.
EBITDA remained flat at €5.2m with a corresponding margin of 35%.
Net cash grew from €11.1m at the end of Q1 2022 to €15.2m in Q2 2022. The supplier is set to reinvest positive cash flow into future growth and remains debt-free.
Ebbe Groes, EveryMatrix CEO, said: “Driven by our diverse product offering and strong client base, we saw yet another record number of new client wins in the quarter with 43 deals signed across all products.
“Furthermore, a 17% increase in gross profit, the best reflection of the underlying performance of the group, allows us to continue to invest in our future growth,” he added.
3 Oaks Gaming extends European footprint with Cosmolot deal
3 Oaks Gaming has launched its expanding games portfolio with Cosmolot in its latest move to expand in the European market.
3 Oaks’ games are already live on Cosmolot’s platform. This deal also gives Cosmolot access to 3 Oaks’ acquisition and retention driving promotional tools offering, which include tournaments for players.
Sebastian Damian, MD of 3 Oaks Gaming, said: “Cosmolot is a great brand, and it’s fantastic to see our broad range of games now available to its strong customer base. We have no doubt that players will come to love our slots, which feature a mix of themes and mechanics, including the ever-popular Hold & Win format.
“This is a particularly busy time for 3 Oaks Gaming with more operator launches planned for the remainder of 2022. Such interest in our content portfolio illustrates the quality of what we can offer online casinos worldwide.”
Sergey Potapov, founder and board member at Cosmolot, added: “It’s imperative we continue to evolve our online offering and add new casino games on a regular basis. This partnership with 3 Oaks Gaming means we now have a supreme collection of slots available on our platform for players to enjoy.
“The 3 Oaks Gaming team has been a pleasure to work with, and we look forward to welcoming more of its impressive content over the coming months.”
Abelson Info inks agreement with Zebet
Abelson Info has signed a new deal with French sportsbook Zebet to provide its goalscorer pricing and settlement service.
The agreement sees Zebet add to its offering to its customers by adding multiple goalscorer markets for over 80 football competitions worldwide.
Zebet has primarily focused on the French market, as seen in its partnership with FC Nantes in Ligue 1. The firm has recently moved into new regions, with a presence in Spain, the Netherlands and Nigeria.
Reuben Thomas, Abelson Info commercial director, said: “We are thrilled to welcome Zebet to our list of partners. Our GPS odds feed will help them engage an even broader audience while providing their existing players with new betting experiences as they strengthen their position in France and beyond.’’
Damien Cante, Zebet trading director, commented: “We were happy to choose Abelson as a key supplier, they’ve been a pleasure to work with, and their coverage on these player markets is unparalleled. After integrating the goalscorer product Zebet has seen an upturn in revenue from these markets.”
FunFair Games launches content with Mr Green and William Hill in the UK
FunFair Games has taken its content live with William Hill and the operator’s Mr Green brand. This deal significantly expands its presence in the UK.
The distribution of FunFair’s content has been facilitated via SlotMatrix.
Carlo Cooke, commercial director at FunFair Games, said: “Taking our content live with William Hill, an operator that needs no introduction is a landmark achievement for FunFair Games and is testament to the appeal of our pioneering products that bring something new to the market.
“We are thrilled to kick off this partnership with William Hill and to introduce our titles to their large customer base. We have ambitious growth plans, and this is a fantastic step forward in that journey.”
Sarah Patrick, global gaming content manager at William Hill, added: “We are seeing an increased demand for non-traditional content, and FunFair Games has been at the forefront of this trend, introducing several engaging, social and entertaining crash and multiplayer titles.
“We are always looking to bolster our offering and with FunFair Games’ content, we will be able to introduce our customers to a unique and exciting vertical.”
Kwiff partners with Xtremepush
Kwiff has partnered with marketing provider Xtremepush. By partnering with the marketing firm, Kwiff is shaping its engagement and retention strategy by using personalised notifications based on the player’s profile.
Kwiff will also benefit from Xtremepush’s products by leveraging the engagement technologies built into the customer data platform to send push notifications and web inbox messages.
Charles Lee, Kwiff CEO, commented: “Kwiff delivers a revolutionary sports betting and casino product which is built on personalised supercharged gaming experiences. Working with Xtremepush allows us to communicate our unique offering with clarity and engage with our audience on a deeper level.”
Ross O’Connor, director of account management at Xtremepush, added: “It’s been great working with the guys at Kwiff. We’ve been able to get the platform stood up and working well for them, and the results have been well above the industry benchmark. Our support team did us proud in the early stages, making their technical expertise available to the team at Kwiff so they could resolve any issues.”
Relax Gaming strikes Silver Bullet arrangement with Jade Rabbit Studio
Relax Gaming has agreed a Silver Bullet partnership with slot developer Jade Rabbit Studio.
Due to the deal, Jade Rabbit will have access to Relax’s portfolio of operators, which means engagement with a large audience immediately after launch.
Simon Hammon, CEO of Relax Gaming, said: “As Relax Gaming continues to expand globally, it’s essential that we continue to offer our operating partners the most innovative and forward-thinking games on the market.
“To ensure we continue to do this, we’re delighted to join forces with Jade Rabbit and we look forward to seeing their success grow as a greater number of players enjoy their top-notch products via our industry-leading network.”
Roger Admeus, CEO of Jade Rabbit Studio, said: “Innovation is the vanguard of our strategy, so we don’t rely on proven mechanics. We tirelessly aspire to bring the next breakthrough to gambling enthusiasts across the globe.
“With that in mind, Relax Gaming is the perfect partner for us, ensuring our games reach as many players as possible as we continue to push the genre forward.”
Stakelogic pens partnership with Belgian operator Napoleon Sports & Casino
Stakelogic has penned a deal with Superbet Group-owned Napoleon Sports & Casino. There is currently a soft launch underway using a selection of dice and slot games before the full roll out of Stakelogic’s portfolio.
The partnership means players at Napoleon Sports & Casino will get access to a whole host of new gaming content.
Neil Tanti, sales manager at Stakelogic, said: “We had a big focus on increasing our Benelux-based partnerships this quarter and the deal with Napoleon is one of the success stories of these efforts.
“We’re delighted to be able to offer our games to their players, and we’re certain this is the start of a very successful relationship. We have already seen great success in Belgium with our most popular slot game titles, as well as the dice games that are also included in the Napoleon deal, so I’m sure the players at Napoleon will engage with them also.”
Melissa Deboelpaep, gaming content manager at Napoleon Sports & Casino, said: “It’s brilliant to finally see the suite of games from Stakelogic appear in our casino lobby. We are committed to providing our players with the most attractive offer in a safe and protected environment. This partnership fits perfectly into that vision, and we’re certain it will be a great success. Our players already found their way during the soft launch, we noticed an excellent take-up.”