A leading online gaming company, AMGO iGaming AB, is purchasing the established wagering platform Jetbull from EveryMatrix in a transaction worth €2 million. This acquisition highlights AMGO’s expansion strategy and dedication to bolstering its position within the iGaming sector.
Jetbull, recognized for its extensive sportsbook and casino products, functions on EveryMatrix’s powerful white-label framework. Boasting a devoted clientele of over 60,000 registered players and recent growth, Jetbull represents a valuable addition to AMGO’s portfolio.
EveryMatrix, a top B2B supplier in the iGaming field, sees this sale as a chance to refine its focus on providing advanced software solutions for casinos, sports wagering, payment processing, and platform services. By transferring Jetbull’s ownership, EveryMatrix seeks to remove any potential business conflicts with its B2B customers and solidify its standing as a reliable technology provider within the industry.
Ebbe Groes, the forward-thinking founder and Group CEO of EveryMatrix, expressed faith in AMGO’s capability to further enhance Jetbull’s image as a trustworthy brand within regulated gaming markets. This calculated move enables EveryMatrix to concentrate its efforts on its core strength – creating and delivering the most competitive online gaming platform available.
Our alliance with EveryMatrix has consistently been robust, and this accord signifies a fresh phase in our shared path. We are enthusiastic about this joint effort and have established strategic and performance benchmarks intended to generate worth for our stakeholders,” stated Mads Jørgensen, board representative and director of AMGO.
Nicolas Fleiderman, previous Chief Commercial Officer at EveryMatrix and current Group CEO of AMGO, possesses intimate familiarity with the recently acquired brand: “We’ve diligently striven to finalize this transaction and possess a distinct vision of the cooperative benefits we can unleash to expedite expansion and enhance productivity. We’ve already gathered a committed team for Jetbull and will persist in attracting top-tier talent to propel performance.”
Jetbull CEO, Viorel Stan, appended: “The AMGO and Jetbull groups are already collaborating effectively, and we’ll dedicate ourselves to guaranteeing a seamless changeover. This maneuver will propel Jetbull towards becoming a premier operator in all our targeted regulated markets and sustain our year-over-year growth trajectory. EveryMatrix will endure as our primary technology supplier, and we’ll ascertain that Jetbull is empowered by the latest advancements to uphold the brand’s leading standing within the sector.”
The purchase of Jetbull is assessed at €2 million. €1 million will be disbursed in cash, and the remaining €1 million will be settled via the issuance of new AMGO iGaming AB shares at a rate of SEK 1.0 per share (equating to 10,750,000 shares).
Regarding AMGO iGaming
AMGO iGaming is a major player in the online gaming industry, operating five thriving brands and serving more than 500,000 users. They have a reputation for embracing cutting-edge advancements and technology, consistently aiming to deliver an exceptional user journey. Having a worldwide footprint that stretches from Denmark to Costa Rica, AMGO is a genuinely global gaming enterprise.
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