EveryMatrix has made a substantial investment in Jelly Entertainment, a newly established game studio.
The exact amount of the investment was not disclosed, but it is expected to enhance their game development capabilities.
Jelly specializes in developing games for real money. They were founded in the United Kingdom in 2020. This marks the second time EveryMatrix has invested in a new game company within a year. Last year, they invested in a Swedish company called Lady Luck Games.
Jelly will now be integrated into EveryMatrix’s SlotMatrix platform, which facilitates the creation and distribution of games. They will continue to offer their games to other companies as well.
The CEO of EveryMatrix, Ebbe Groes, expressed enthusiasm about Jelly joining their team. He praised their exceptional game development skills and expressed confidence in a long-lasting partnership.
Jellys top executive, David Newstead, declared: “We possess greater capabilities than ever before to propel studio expansion and product strategy.
EveryMatrix’s expansion plans in the United States, emphasis on captivating content, and industry-leading platform make them the perfect key distribution partner for Jelly to expedite our product roadmap and broaden our reach in the United States and European markets. EveryMatrix’s recent investment in Jelly will furnish operators with more “top-notch, mobile-focused content,” stated Ashley Bloor, the head of SlotMatrix RGS.
EveryMatrix revealed the investment last month after reporting a year-over-year surge in revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) for its fiscal year 2021, despite the adverse impact of new regulations in Germany.
In the previous year, EveryMatrix established Armadillo Studios in the United States, its inaugural gaming studio investment in the United States, while also launching operations in New Jersey and applying for licenses in Michigan and West Virginia.
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