EveryMatrix, a prominent B2B iGaming software provider, has obtained the necessary accreditation to offer its online gaming software in the Swedish market. This accreditation allows EveryMatrix to supply its modular and API iGaming solutions, content, and services to licensed operators in Sweden for a period of five years. The company’s CEO, Ebbe Groes, expressed delight at being among the first providers to be licensed in Sweden, positioning EveryMatrix to capitalize on significant growth opportunities in the country.
Overview of the Swedish Market:
The Swedish online gaming market witnessed substantial growth in 2022, with an estimated gross gaming revenue of SEK 17.1 billion ($1.6 billion). While the Enhanced Game Regulation Bill is yet to be passed by the Swedish Parliament, applications for new gambling licenses were opened on March 1st. If the bill receives approval, all suppliers offering software to licensed operators in Sweden will require licenses starting from July 1st.
Licensing and Supplier Accreditation:
EveryMatrix’s successful accreditation in Sweden ensures the provision of regulated products and services, contributing to the protection of brands and players. The company’s five-year license allows it to offer its proven technology that enhances player experience and boosts operator revenues. Notably, EveryMatrix is one of five providers awarded supplier licenses by Spelinspektionen before the deadline, alongside Arland Gesellschaft Fur Informationstechnologie and Hacksaw. An additional 60 applications for supplier licenses have been submitted, each accompanied by the necessary SEK 120,000 gaming software fee.
The Benefits of EveryMatrix’s Accreditation:
Enhanced Player Experience: EveryMatrix’s game-changing technology has a proven track record of significantly improving player experience. By supplying innovative iGaming solutions, content, and services, EveryMatrix aims to further enhance the overall gaming experience for Swedish players.
Safeguarding Brands and Players: With the acquisition of the Swedish license, EveryMatrix reinforces its commitment to providing regulated products and services. This accreditation ensures that brands and players in Sweden have access to reliable and secure gaming offerings, fostering trust and safety within the market.
Revenue Boost for Operators: EveryMatrix’s software solutions have demonstrated their ability to drive increased revenues for operators. By leveraging the company’s modular and API iGaming solutions, licensed operators in Sweden can tap into new growth opportunities and maximize their financial performance.
Market Growth and Expansion:
EveryMatrix has identified substantial growth potential in the Swedish market and is strategically positioned to capitalize on emerging opportunities. With the newly acquired license, the company is set to accelerate its growth plans and solidify its presence in Sweden, further strengthening its position as a leading iGaming software provider.
EveryMatrix’s recent accreditation to supply online gaming software in the Swedish market marks a significant milestone for the company. With a five-year license in hand, EveryMatrix can now offer its cutting-edge iGaming solutions, content, and services to licensed operators in Sweden. This achievement not only enhances the player experience but also ensures brand and player protection through regulated offerings. As EveryMatrix embarks on its growth journey in Sweden, it is poised to make a lasting impact on the country’s vibrant iGaming industry.