EveryMatrix, a provider of technology for online gaming enterprises, has acquired Leapbit, a developer of software for sports wagering.

This acquisition will enhance EveryMatrix’s sports betting offering, OddsMatrix, by integrating more sophisticated and refined features for retail patrons.

With this purchase, EveryMatrix will transform OddsMatrix from a purely online platform into a comprehensive online and physical betting solution. OddsMatrix will incorporate Leapbit’s complete suite of retail software and additional products, such as virtual horse racing and lottery games.

Leapbit was established in 2018 and specializes in providing sports betting software to other businesses. They possess extensive market experience and a highly skilled team of engineers. The company’s founders previously held positions at Superbet, a prominent Romanian gambling firm.

Leapbit has developed its own software for retail and sports betting, as well as virtual horse racing and lottery games. They also create customized software for leading gambling companies in Central and Eastern Europe.

This strategic combination will expand OddsMatrix’s network through established retail offerings, enabling the organization to broaden its clientele by reaching new audiences for feature-rich and intricate products that can support retail and online operations in regulated markets.

EveryMatrix Group CEO Ebbe Groes remarked: “OddsMatrix is one of the company’s core components and has been developing at a remarkable pace. Retail is a crucial element of any comprehensive sports betting package, and by incorporating Leapbit’s technology, we can elevate OddsMatrix to a new level of sophistication.

“We are impressed by Leapbit’s technology and skilled team, and we anticipate growing OddsMatrix together by substantially expanding our target market.”

Team Integration and New Zagreb Office

Leapbit’s development team will combine with OddsMatrix’s existing structure and continue to deliver software from its current location in Zagreb, Croatia. To further solidify the union of the two entities, Leapbit’s leadership team will oversee the transition.

Božo Kekez, Leapbit co-founder and CEO, stated: “We are delighted to be joining EveryMatrix. The past four years with Leapbit have been more successful than we could have envisioned; we have accomplished a great deal in a short period and are incredibly proud of the achievements. The team is eager to rejoin a larger organization and drive innovation in the sports betting software sector from within.”

OddsMatrix is experiencing rapid growth! They’re witnessing a significant surge in wagers, with an average of €100 million placed each month during the final three months of 2021. They have ambitious plans for the current year, concentrating on enhancing their offerings for both sports partners and patrons.

Stay informed about the most recent iGaming updates – sign up for their newsletter!

Avatar photo

By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

Leave a Reply

Your email address will not be published. Required fields are marked *