{"id":6167,"date":"2024-07-08T13:48:19","date_gmt":"2024-07-08T12:48:19","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=6167"},"modified":"2024-07-08T13:48:23","modified_gmt":"2024-07-08T12:48:23","slug":"everymatrix-completes-acquisition-of-fsb-technology","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/","title":{"rendered":"EveryMatrix Completes Acquisition of FSB Technology"},"content":{"rendered":"\n<p><strong>EveryMatrix<\/strong> has acquired sports betting solutions provider <strong>FSB Technology (FSB)<\/strong> in an all-cash transaction managed by <strong>Oakvale Capital<\/strong>. Although the exact amount was not disclosed, the deal was previously valued at <strong>\u00a320 million<\/strong>.&nbsp;<\/p>\n\n\n\n<p>EveryMatrix officially took over FSB in early July and is now migrating FSB\u2019s customers to its proprietary turnkey technology, which includes player account management, OddsMatrix sports betting, and the CasinoEngine performance platform.<\/p>\n\n\n\n<p>A spokesperson for EveryMatrix stated that the acquisition &#8220;will further strengthen OddsMatrix and build on its best financial year ever,&#8221; enhancing revenue and expanding its presence in the UK, Ireland, and Africa, where FSB holds a significant market share.<\/p>\n\n\n\n<p>FSB\u2019s clients include Baltic-focused bookmaker <strong>OlyBet<\/strong>, UK-based horse racing specialist <strong>Fitzdares<\/strong>, and African brands such as <strong>Paribet<\/strong> and <strong>Nairabet<\/strong>.<\/p>\n\n\n\n<p>Over the past two years, OddsMatrix has added several tier-one brands to its portfolio, including the <strong>Hungarian National Lottery (SZRT) <\/strong>online brand <strong>TippmixPro<\/strong> and the German and European-focused bookmaker <strong>Bet-at-Home<\/strong>.<\/p>\n\n\n\n<p>In 2023, OddsMatrix experienced record revenue growth and betting volume for tier-one clients. This included a 75% year-on-year increase in total bets, a 90% rise in profitability, and a 31% increase in live events, totaling over 1.8 million for the year.<\/p>\n\n\n\n<p><strong>Ebbe Grous<\/strong>, CEO of EveryMatrix, has emphasized the importance of accelerating OddsMatrix\u2019s betting capabilities to help EveryMatrix achieve its goal of becoming the most comprehensive iGaming technology provider and the fastest-growing company.<\/p>\n\n\n\n<p>FSB Technology, founded in 2007 by <strong>David McDowell<\/strong>, was acquired in 2019 by Canadian private equity fund Clairvest for \u00a323 million. McDowell left the company last year, and FSB\u2019s latest accounts showed a 19% increase in annual revenues to \u00a311 million, although pre-tax losses also rose by 60% to \u00a322 million.<\/p>\n\n\n\n<p>\u200b\u200bDon\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EveryMatrix has acquired sports betting solutions provider FSB Technology (FSB) in an all-cash transaction managed by Oakvale Capital. Although the exact amount was not disclosed, the deal was previously valued at \u00a320 million.&nbsp; EveryMatrix officially took over FSB in early July and is now migrating FSB\u2019s customers to its proprietary turnkey technology, which includes player [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":6168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[824,1372,8859,8863,8862,822,445,8857,8856,8860,819,752,8858,8861],"class_list":["post-6167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","tag-bet-at-home","tag-casinoengine","tag-clairvest","tag-david-mcdowell","tag-ebbe-grous","tag-everymatrix","tag-fitzdares","tag-fsb","tag-fsb-technology","tag-nairabet","tag-oddsmatrix","tag-olybet","tag-paribet","tag-tippmixpro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"EveryMatrix has acquired sports betting solutions provider FSB Technology (FSB) in an all-cash transaction managed by Oakvale Capital. Although the exact amount was not disclosed, the deal was previously valued at \u00a320 million.&nbsp; EveryMatrix officially took over FSB in early July and is now migrating FSB\u2019s customers to its proprietary turnkey technology, which includes player [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-08T12:48:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-08T12:48:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"660\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Khomeriki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maria Khomeriki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\"},\"author\":{\"name\":\"Maria Khomeriki\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"headline\":\"EveryMatrix Completes Acquisition of FSB Technology\",\"datePublished\":\"2024-07-08T12:48:19+00:00\",\"dateModified\":\"2024-07-08T12:48:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\"},\"wordCount\":284,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg\",\"keywords\":[\"bet-at-home\",\"CasinoEngine\",\"Clairvest\",\"David McDowell\",\"Ebbe Grous\",\"Everymatrix\",\"Fitzdares\",\"FSB\",\"FSB Technology\",\"Nairabet\",\"OddsMatrix\",\"OlyBet\",\"Paribet\",\"TippmixPro\"],\"articleSection\":[\"Gambling\",\"News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\",\"name\":\"EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg\",\"datePublished\":\"2024-07-08T12:48:19+00:00\",\"dateModified\":\"2024-07-08T12:48:23+00:00\",\"author\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"breadcrumb\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage\",\"url\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg\",\"contentUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg\",\"width\":660,\"height\":330},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sbceurasia.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EveryMatrix Completes Acquisition of FSB Technology\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\",\"url\":\"https:\/\/sbceurasia.com\/en\/\",\"name\":\"SBC EURASIA EN\",\"description\":\"SBC EURASIA\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sbceurasia.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\",\"name\":\"Maria Khomeriki\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g\",\"caption\":\"Maria Khomeriki\"},\"url\":\"https:\/\/sbceurasia.com\/en\/author\/maria\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/","og_locale":"en_GB","og_type":"article","og_title":"EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN","og_description":"EveryMatrix has acquired sports betting solutions provider FSB Technology (FSB) in an all-cash transaction managed by Oakvale Capital. Although the exact amount was not disclosed, the deal was previously valued at \u00a320 million.&nbsp; EveryMatrix officially took over FSB in early July and is now migrating FSB\u2019s customers to its proprietary turnkey technology, which includes player [&hellip;]","og_url":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/","og_site_name":"SBC EURASIA EN","article_published_time":"2024-07-08T12:48:19+00:00","article_modified_time":"2024-07-08T12:48:23+00:00","og_image":[{"width":660,"height":330,"url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg","type":"image\/jpeg"}],"author":"Maria Khomeriki","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Maria Khomeriki","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#article","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/"},"author":{"name":"Maria Khomeriki","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6"},"headline":"EveryMatrix Completes Acquisition of FSB Technology","datePublished":"2024-07-08T12:48:19+00:00","dateModified":"2024-07-08T12:48:23+00:00","mainEntityOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/"},"wordCount":284,"commentCount":0,"image":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg","keywords":["bet-at-home","CasinoEngine","Clairvest","David McDowell","Ebbe Grous","Everymatrix","Fitzdares","FSB","FSB Technology","Nairabet","OddsMatrix","OlyBet","Paribet","TippmixPro"],"articleSection":["Gambling","News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/","url":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/","name":"EveryMatrix Completes Acquisition of FSB Technology - SBC EURASIA EN","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage"},"image":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg","datePublished":"2024-07-08T12:48:19+00:00","dateModified":"2024-07-08T12:48:23+00:00","author":{"@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6"},"breadcrumb":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#primaryimage","url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg","contentUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/07\/EveryMatrix-acquires-FSB-Technology.jpg","width":660,"height":330},{"@type":"BreadcrumbList","@id":"https:\/\/sbceurasia.com\/en\/2024\/07\/08\/everymatrix-completes-acquisition-of-fsb-technology\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sbceurasia.com\/en\/"},{"@type":"ListItem","position":2,"name":"EveryMatrix Completes Acquisition of FSB Technology"}]},{"@type":"WebSite","@id":"https:\/\/sbceurasia.com\/en\/#website","url":"https:\/\/sbceurasia.com\/en\/","name":"SBC EURASIA EN","description":"SBC EURASIA","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sbceurasia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6","name":"Maria Khomeriki","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g","caption":"Maria Khomeriki"},"url":"https:\/\/sbceurasia.com\/en\/author\/maria\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/comments?post=6167"}],"version-history":[{"count":1,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6167\/revisions"}],"predecessor-version":[{"id":6169,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6167\/revisions\/6169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media\/6168"}],"wp:attachment":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media?parent=6167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/categories?post=6167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/tags?post=6167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}