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EveryMatrix Receives MGA Approval

Posted on May 11, 2023 | 5:54 am
everymatrix-receives-mga-approval

A gamification solution called JackpotEngine, developed by EveryMatrix, has been approved by the Malta Gaming Authority (MGA). This approval will allow EveryMatrix to offer and integrate the JackpotEngine product to several Malta-licensed brands.

JackpotEngine is a complete Jackpot Management System which operators can use to create, configure, and control their own jackpots for any selection of games across any casino vertical and player segment. The product helps with acquisition and player retention by providing players with more chances to win.

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What About Game Rounds and Bet Sizes?

An analysis of game session data for two comparable EveryMatrix clients revealed encouraging outcomes following their adoption of a jackpot powered by JackpotEngine.

The study showed that the number of rounds per session rose by 25% and 11%, while the average bet amount increased by 30% and 50%, respectively.

JackpotEngine is a tool designed for regulated markets, enabling operators to remain compliant in situations where traditional incentives are either restricted or unavailable.

This system provides the operator with a considerable degree of control over the selection of jackpot games, player segmentation, winning probability, seed amounts, winning cap, and contribution distribution, as well as the division of contribution funding between operators and players. Real-time monitoring and reporting of jackpot transactions are also available to the

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Game Changer Product

EveryMatrix operator have access to the JackpotEngine through either CasinoEngine or the B2B aggregation solution SlotMatrix, allowing them to enjoy the extensive library of content that comprises over 140 integrations from more than 250 game studios.

Speaking on the new product, Stian Enger, Head of CasinoEngine, EveryMatrix, said:

“The testing we’ve done in the first phase of release has shown exceptional uplift in game rounds, session times and bet size so we’re confident JackpotEngine will be a game changer.

“I’m delighted with the MGA approval and this will significantly boost the product’s roll out in the months to come.”

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About

EveryMatrix Engine is a cutting-edge iGaming platform that has revolutionized the online gambling industry. Designed to empower operators with a comprehensive suite of tools and features, it provides a seamless and efficient solution for managing online casinos, sportsbooks, and other gaming products.

At the core of EveryMatrix Engine lies its modular architecture, which allows operators to customize and tailor their iGaming offerings to meet specific requirements. The platform supports a vast array of games from leading software providers, ensuring a diverse and engaging gaming experience for players. From classic slots and table games to live dealer options and virtual sports, it offers a wide selection of high-quality content to suit all player preferences.

Source: “EveryMatrix JackpotEngine gains MGA approval”, everymatrix.com, May 9, 2023.

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