EveryMatrix has effectively shut down its B2C business with the sale of its Jetbull casino to Swedish gambling group AMGO in a 2 Million Euro deal.
The Swedish online gambling company AMGO iGaming AB announced late last week that it has entered into an agreement to purchase Jetbull, the biggest online casino on the EveryMatrix white label platform. AMGO said it expects to assume full ownership of the brand across all markets it is currently present in on July 1, 2019.
The Swedish company said that the purchase of Jetbull will create 20 new positions at its offices in Denmark, Latvia, and Malta.
Jetbull was launched in 2007 as one of the first online casinos on the EveryMatrix platform, and with more than 600,000 registered players it is also the largest. The casino services customers via licenses from the Malta Gaming Authority, the UK Gambling Commission, and Denmark’s Spillemyndigheden. After AMGO completes the acquisition of Jetbull, the brand will continue operating under the same licenses.
With the sale of Jetbull, EveryMatrix will completely shut down its B2C arm to focus on its operations as a provider of online casino, sports betting, and payment solutions as well as a platform provider.
The addition of Jetbull to AMGO’s portfolio of brands was the latest of several acquisitions undertaken by the online gambling group in recent months. Last month, the company finalized the acquisition of online gaming and betting platform provider 1Click Games. Late last year, AMGO also announced that it has signed a letter of intent to buy Danish operator Ekstra Bladet Spil A/S and use that company’s Danish license to launch its flagship Fantasino brand in the local market.