AMGO iGaming AB has purchased the B2C company Jetbull from EveryMatrix for an unrevealed sum. The transaction, verified by EveryMatrix, gives AMGO complete control of Jetbull and initiates the shift of operations and administration.
Jetbull, a reputable gaming entity providing casino and sports wagering options, was developed on EveryMatrix’s white label framework. Boasting a substantial user base exceeding 600,000 registered individuals and notable expansion over the preceding two years, Jetbull will persist in functioning under its current permits in Malta, the UK, and Denmark, all retained by EveryMatrix.
Ebbe Groes, Group Chief Executive Officer of EveryMatrix, remarked on the sale, emphasizing the organization’s dedication to concentrating exclusively on its B2B activities as a supplier of casino, sportsbook, payment, and platform software. He posits that this divestiture removes any potential clash with EveryMatrix’s B2B clientele and enables the company to solidify its standing as a premier online gaming platform supplier.
Groes conveyed assurance in AMGO’s capacity to further enhance Jetbull’s image as a robust brand within regulated sectors. AMGO’s expertise in managing numerous brands across diverse jurisdictions makes them well-suited to assume control and expand Jetbull.
This alliance with EveryMatrix has been a triumph, and this accord signifies a substantial progression. We are delighted about this joint effort and have established ambitious strategic and operational objectives intended to generate worth for our investors,” remarked Mads Jørgensen, Board Member and Director of AMGO.
Nicolas Fleiderman, formerly EveryMatrix’s Chief Commercial Officer and now CEO of the AMGO Group, possesses deep familiarity with the recently acquired company: “We’ve labored diligently to secure this transaction and have a distinct vision of the cooperative potentials we can utilize to expedite expansion and enhance productivity. We’ve already formed a dedicated group for Jetbull and will persist in attracting top-tier talent to propel performance.”
Viorel Stan, CEO of Jetbull, supplemented: “The AMGO and Jetbull units are already aligned, and we’re completely dedicated to guaranteeing a smooth changeover. This amalgamation will drive Jetbull towards its aim of becoming a dominant operator in all its targeted regulated sectors, upholding our course of steady year-on-year growth. With EveryMatrix persisting as our primary technology supplier, we’re assured that Jetbull will continue to be empowered by leading-edge innovation, keeping the brand at the vanguard of the sector.”
The purchase of Jetbull is appraised at €2 million. €1 million will be disbursed in cash, with the remaining €1 million covered by the issuance of 10,750,000 new shares in AMGO iGaming AB at a rate of SEK 1.0 per share.
Regarding AMGO iGaming
AMGO iGaming AB, a highly regarded gaming enterprise, operates five distinct brands and enjoys a devoted player community exceeding half a million. Continuously adapting to the dynamic landscape of technology and consumer preferences, AMGO places paramount importance on cultivating trust, respect, and active participation among its players. Maintaining a worldwide footprint, AMGO has established operational centers and representatives in Denmark, Malta, Israel, Costa Rica, and Latvia.
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