SBC News Voice of the Sports Betting Industry
Norsk Tipping has selected EveryMatrix to provide the iGaming integration platform for games from casino vendors including IGT, NetEnt, Quickspin, Novomatic, Magnet Gaming and Scientific Games.
The Norwegian state lottery has selected EveryMatrix’s CasinoEngine following a competitive tender process with 10 other suppliers, which was kicked-started by the Norwegian government in April 2016.
The deal, which will run for six years with the option for a further two years, also sees EveryMatrix assume responsibility for operational services and content provider support.
Stian Hornsletten, EveryMatrix Executive Chairman, said: “Norsk Tipping will bring one of the best and most competitive product offerings to the Norwegian players.
“Choosing to outsource the iGaming integration platform, as well as operational services surrounding the operation and support of their gaming vendors, is an excellent decision that allows Norsk Tipping to swiftly and efficiently bring a competitive product to the market.”
Norsk Tipping reported H1 2016 revenues of NOK249m (£23m) with a year on year growth of 25%, which should bring the total 2016 revenues to well above NOK500m (£46m). The company said that it expects annual revenue to be between NOK400m and NOK620m, split on a shared revenue basis between the operator, content providers, EveryMatrix, and Norsk Tipping’s primary platform provider.
Hornsletten continued: “Being a Norwegian, this is a big milestone and achievement for me personally, but also for our company due to size and the competition for this tender.
“We have invested heavily in brand new software and platforms over the last two years. That Norsk Tipping chose our CasinoEngine clearly shows that the hard work and effort we have dedicated are also what the market is looking for.”
