AMGO iGaming Acquires Jetbull from EveryMatrix for €2 Million
AMGO iGaming AB, a gaming firm, has purchased the B2C label Jetbull from EveryMatrix for €2 million. Jetbull, a longstanding gaming name, will maintain operations under EveryMatrix’s permits in Malta, the United Kingdom, and Denmark. EveryMatrix Chief Executive Officer Ebbe Groes indicated that this divestiture aligns with their strategic objective of concentrating exclusively on being a B2B supplier of casino, sports, payment, and platform software solutions. They are confident that under AMGO’s stewardship, Jetbull will flourish as a premier brand within regulated sectors.
Mads Jørgensen, an AMGO board director, conveyed his enthusiasm for the arrangement, noting their collaboration with EveryMatrix has been remarkably productive. This accord elevates their joint effort, intending to bolster investor returns through tactical endeavors.
Formerly EveryMatrix’s Commercial Head and now AMGO’s Group Chief Executive, Nicolas Fleiderman, possesses deep familiarity with the recently obtained brand. He underscored the commitment invested in securing this pact and the distinct vision for utilizing synergies to expedite expansion and augment effectiveness. A fresh, dedicated group has been formed for Jetbull, with intentions to further enlist top-tier professionals to propel performance.
Jetbull’s Chief Executive, Viorel Stan, emphasized the favorable working connection between AMGO and Jetbull, guaranteeing a seamless handover. This acquisition is positioned to drive Jetbull towards its objective of becoming a dominant force in all its intended sectors, continuing its path of annual growth. With EveryMatrix persisting as a crucial technology supplier, Jetbull is assured access to leading-edge advancements, ensuring the brand remains at the industry’s forefront.
The purchase price for Jetbull stands at €2 million. Payment will be executed partially in cash (€1 million) and partially through newly released shares in AMGO iGaming AB (€1 million equivalent, priced at SEK 1.0 per share, totaling 10,750,000 shares).
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AMGO iGaming AB is a prominent player in the online gaming industry, operating five thriving brands and serving over 500,000 users. They are recognized for their seamless functionality and dedication to ensuring player satisfaction and involvement, particularly in the current rapidly evolving gaming landscape. Maintaining a worldwide footprint with locations in nations such as Denmark, Malta, Israel, Costa Rica, and Latvia, they represent a genuinely global enterprise.
