EveryMatrix offloads Jetbull to AMGO iGaming

EveryMatrix offloads Jetbull to AMGO iGaming

AMGO iGaming has agreed a deal to acquire EveryMatrix’s Jetbull B2C brand for €2m (£1.8m/$2.2m).

Published 28th May 2019

Under the agreement, AMGO will take full ownership of Jetbull from July 1, but has already commenced the transition phase to operate and manage the brand.

Jetbull, which currently operates on the EveryMatrix white label platform, has over 600,000 registered customers Post-acquisition, Jetbull will continue to be operated under EveryMatrix’s Maltese, UK and Danish licences.

“We have worked on this agreement for a long time and know exactly what synergies we can achieve to accelerate the growth and become more efficient," AMGO CEO, Nicolas Fleiderman, said.

“We have built up a new organisation that will focus on Jetbull and will continue to recruit talented professionals that can improve the performance.”

Viorel Stan, CEO of Jetbull, added: “There is great chemistry between AMGO and the Jetbull organisation and we will do our best to secure a successful transition.

“This transition will ease Jetbull’s goal of becoming a top player in all regulated markets targeted and continue the consistent YoY growth.

“EveryMatrix will continue as the main technology provider, and we will make sure that Jetbull is supported with the newest innovations to keep the brand at the forefront of the industry.”

AMGO already operates five fully owned gaming brands, with offices located in Denmark, Malta, Israel, Costa Rica and Latvia.