EveryMatrix Reports 39% Revenue Surge in Q1 2025

EveryMatrix has kicked off 2025 with impressive momentum, reporting a staggering 39% year-on-year increase in net revenue for the first quarter. This positions the global gaming supplier as one of the industry’s standout performers.

For Q1 2025, EveryMatrix recorded €54 million ($57.8 million) in net revenue, with EBITDA climbing 27% to €28 million. Notably, the company sustained an EBITDA margin of 52%, marking its eighth consecutive quarter above the 50% threshold—a sign of both operational strength and financial discipline.

Several key operational milestones drove this growth. Among them was the high-profile migration of Bet600 to the EveryMatrix platform, a move that expands the company’s sportsbook reach. Additionally, EveryMatrix unveiled a proprietary horseracing solution developed in collaboration with FSB’s racing team and the OddsMatrix division. This product delivers comprehensive event coverage, system bet features, bonusing tools, and live streaming—enriching EveryMatrix’s already diverse product lineup.

Another landmark deal came in the form of a full casino platform agreement with SkyCity Entertainment Group, a leading operator of land-based casinos in New Zealand and Australia. SkyCity’s online brand, SkyCitycasino.com, will transition to the EveryMatrix platform later this year, significantly boosting the supplier’s market footprint.

These achievements demonstrate EveryMatrix’s ability to innovate at scale while continuing to secure high-value partnerships. The sports division, in particular, delivered standout performance, achieving a 30% year-on-year rise in turnover to €1.7 billion and a 60% jump in gross gaming revenue (GGR) to €154 million. Meanwhile, casino operations contributed €28.6 million in net revenue, marking a robust 44% increase from the prior year.

Group CEO Ebbe Groes expressed optimism for the year ahead:

“I’m very excited for 2025. Q1 was a solid quarter, a great start, and the rest of the year looks just as promising. 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.”

Industry stakeholders, partners, and competitors should closely monitor EveryMatrix’s continued expansion. With new product innovations, major client wins, and a solid financial base, the company is poised to extend its global leadership position in both the sports betting and casino segments.

EveryMatrix Achieves 39% Revenue Growth in Q1 2025, Fueling Sports and Casino Expansion

Key Points

• Strong Financial Growth: EveryMatrix reported €54 million in Q1 2025 revenue, a 39% year-on-year rise.
• Major Client Moves: Bet600 migrated to EveryMatrix; SkyCity signed for a full casino platform migration.
• Product Expansion: Launched a proprietary horseracing solution with live streaming and enhanced betting features.

EveryMatrix’s Roadmap: Scaling Innovation and Expanding Global Reach

EveryMatrix’s Q1 2025 results confirm its standing as one of the iGaming industry’s fastest-growing suppliers. With over 1,400 employees across 15 countries and services extending to more than 300 clients, the company is leveraging both scale and agility to drive continuous innovation.

The launch of a proprietary horseracing solution signals EveryMatrix’s ambition to diversify its sports betting offerings further. By combining deep industry expertise from FSB’s racing team with the robust OddsMatrix platform, the company can deliver richer, more immersive experiences to its operator partners.

At the same time, landmark client migrations like Bet600 and SkyCitycasino.com highlight the growing trust major operators are placing in EveryMatrix’s technology and services. These migrations not only bring immediate revenue but also reinforce the company’s reputation as a dependable, cutting-edge platform provider.

Operationally, the opening of a new London office and the appointment of Marc Burroughes as Casino Chief Commercial Officer reflect EveryMatrix’s commitment to scaling its leadership and expanding its global footprint.

EveryMatrix’s exceptional Q1 2025 results underline its strength as a global iGaming powerhouse. With impressive financial growth, innovative product rollouts, and major client wins, the company is well-positioned for a banner year. As it continues to expand its offerings and consolidate market leadership, EveryMatrix sets a high bar for competitors and an exciting path forward for partners and investors alike.