OddsMatrix Surpasses €1 Billion in Annual Income, Sets New Benchmark
OddsMatrix, EveryMatrix’s sports product offering, achieved a significant milestone in 2022, exceeding €1 billion in annual income, establishing a new benchmark.
OddsMatrix reached a new high point on September 9, 2022, attaining €1 billion in yearly revenue. Income in 2021 was slightly under €1 billion, so surpassing this mark in the third quarter of 2022 was a substantial accomplishment. More significantly, income in August and September rose by 100% compared to the previous year.
This follows another record declared by OddsMatrix at the start of the year, surpassing €100 million in monthly income in the final quarter of 2021.
Ebbe Groes, the head of the EveryMatrix Group, remarked: “This is a remarkable achievement for OddsMatrix and the entire EveryMatrix. We are likely to reach €200 million in monthly income in the final quarter of 2022. And, the swift growth in trading volume can be translated into more functional investments, which will positively propel the expansion of trading volume.”
2022 was a remarkable year for OddsMatrix, securing crucial agreements with Intralot in Morocco to provide services to MDJS (Morocco’s online betting and sports company), and with the German brand Bet-at-home.
In this current year, EveryMatrix acquired Leapbit, a sports wagering firm, to enhance its OddsMatrix platform and provide a wider range of choices for retail bettors. OddsMatrix aims to equip betting businesses with all the necessary tools to expand and boost their profitability. OddsMatrix is highly adaptable, allowing for customization to meet specific requirements. It empowers betting companies with the autonomy, assistance, and resources to monitor their performance and enhance the appeal of their betting offerings. This, in turn, facilitates the improvement of their sports and esports betting products.
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