The company announced that they won the contract for Norsk Tipping’s iGaming Integration Platform.
Norway.- EveryMatrix announced that they will provide its CasinoEngine platform to Norsk Tipping, after the Norwegian state lottery selected EveryMatrix among 10 other suppliers that wanted the contract. The process began back in April 2016 and it was started by the Norwegian government.
EveryMatrix will provide the service, platform and integration for several casino vendors, including IGT, NetEnt, Quickspin, Novomatic, Magnet Gaming and Scientific Games. The deal, which will run for six years and has an option to extend it for another two years, also grants EveryMatrix the responsibility for operational services and content provider support. EveryMatrix Executive Chairman Stian Hornsletten said: “Norsk Tipping will bring one of the best and most competitive product offerings to the Norwegian players. Choosing to outsource the iGaming integration platform, as well as operational services surrounding the operation and support of their gaming vendors, is an excellent decision that allows Norsk Tipping to swiftly and efficiently bring a competitive product to the market.”
Norsk Tipping estimated annual revenues would amount between €44 million and €69 million annually, with these split on a shared net revenue basis between the operator, EveryMatrix and the content providers, and the provider Norsk Tipping’s overarching platform upon which CasinoEngine will sit. Norsk Tipping reported H1 2016 revenues of €27.4 million with a year on year growth of 25 percent, which should bring the total 2016 revenues well above €54.9 million.
“Being a Norwegian, this is a big milestone and achievement for me personally, but also for our company due to size and the competition for this tender. We have invested heavily in brand new software and platforms over the last two years. That Norsk Tipping chose our CasinoEngine clearly shows that the hard work and effort we have dedicated are also what the market is looking for,” Stian Hornsletten added.