Supplier EveryMatrix has announced an exciting new partnership with prominent operator DraftKings. This collaboration will bring a wide range of premium casino content to players in the Ontarian market. By leveraging EveryMatrix’s industry expertise and DraftKings’ significant player base, this partnership aims to enhance the online gaming experience.
Players in Ontario can now look forward to accessing a diverse array of high-quality games, further solidifying DraftKings’ position as a leading operator in the region.
Innovative partnership with SlotMatrix
EveryMatrix has announced a significant new deal, enhancing its iGaming portfolio. Under this agreement, the company will integrate a variety of titles from its in-house studios through SlotMatrix.
This strategic move aligns with EveryMatrix’s commitment to delivering cutting-edge gaming experiences and expanding its market reach. The collaboration with SlotMatrix is expected to bolster EveryMatrix’s innovative offerings and cater to a broader audience in the iGaming industry.
EveryMatrix is making significant strides in its North American expansion and has successfully launched its operations in five US states. In an impressive move, EveryMatrix recently went live in both Michigan and New Jersey this past May.
Key states for EveryMatrix
- Michigan – Launched in May 2023;
- New Jersey – Launched in May 2023;
- Pennsylvania;
- West Virginia;
- Indiana;
Growth timeline
| State | Launch Date |
|---|---|
| Michigan | May 2023 |
| New Jersey | May 2023 |
As EveryMatrix continues to grow within the competitive US market, these advancements mark a notable leap towards a national presence.
Company expands Internet Vikings partnership and acquires FSB
In a strategic move, the company has extended its partnership with Internet Vikings into West Virginia, aiming to enhance its market presence and optimize service delivery.
Acquisition of FSB
Moreover, the recent acquisition of FSB marks a significant milestone, reinforcing the company’s commitment to growth and innovation within the industry.
EveryMatrix Americas partners with DraftKings in Canada
Erik Nyman, President of EveryMatrix Americas, shared his enthusiasm over the new partnership with DraftKings in Canada. This alliance now covers half of the country’s population, marking a significant milestone for EveryMatrix. Nyman expressed that this collaboration will enhance their market presence and reach, reflecting their ongoing commitment to offering superior gaming solutions in the Canadian market. With this strategic partnership, both companies are poised to achieve new heights in the competitive landscape.
DraftKings achieves profitability in Q2 2024 amid revenue surge
DraftKings has reported a significant milestone in Q2 2024, achieving profitability with a net income of $63.8 million. The company’s revenue experienced a robust growth of 26%, reaching $1.1 billion. However, despite this financial success, the company still faces a loss from operations.
Q2 2024 financial highlights
Key financial metrics for the quarter include:
| Metric | Q2 2023 | Q2 2024 |
|---|---|---|
| Net Income | $-38.4M | $63.8M |
| Revenue | $874M | $1.1B |
| Loss from Operations | $70M | $- |
DraftKings’ fiscal performance indicates a promising trajectory despite operational challenges, showcasing their potential for long-term growth.
