EveryMatrix Leaves UK Gambling Market
#SoftwareLab #BettingLegislation
Earlier we reported on the suspension of the B2C license of EveryMatrix by the UK Gambling Commission. The company promised to take all necessary actions to be approved by the UKGC one more time. However, the brand has now left the market shortly after.
Ebbe Groes, CEO of EveryMatrix commented: “We fully respect UKGC’s decision of suspending our license 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.”
“continue to be a trusted and proven software supplier”
This decision was made only about the B2C license. While the B2B license in the UK remains active, the company continues to provide its content to online operators, certified by the UKGC.
“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. EveryMatrix is entirely committed and intends to focus on maximizing business growth, as well as to continue to be a trusted and proven software supplier operating globally in regulated jurisdictions,” adds Ebbe Groes.
More information about the EveryMatrix license suspension can be found here.