EveryMatrix Leaves UK After Regulatory Issues

Gaming firm EveryMatrix has announced that they've decided to leave the UK gaming market following difficulties relating to their license being suspended.

The company is giving up its white label business and will instead opt to offer business to business services, including working as a platform for other operators. The company claims that its white label business has been damaged beyond repair due to the suspension, and they've decided to stick to their other vertical.

Speaking about the decision EveryMatrix CEO Ebbe Groes shared: "We fully respect UKGC's decision of suspending our licence and we acknowledge their wish for a substantially changed way of operating white label businesses in the future. We regret the impact this suspension has had on our loyal players, on our brands, and on our long-standing white label partners in UK, but this business has by now become unsalvageable.

"We will use this highly unfortunate event as positive as we can and we are keen on maintaining EveryMatrix's leading role as a provider in the B2B space, in the UK and globally. This is where our company has enjoyed tremendous growth in the past several years and we will now focus even harder on this."

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bgsharpe
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27 September 2019 - 7:16pm
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Yeah..so many gambling companies leaving the UK market these days for one or another reason...it might be the biggest and most profitable market in the world...but also the most competitive one for sure.

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