EvenBet Gaming Sees Strong Revenue Growth in Q1
EvenBet Gaming, a leading developer of online gaming software and solutions, has reported a significant increase in revenues during the first quarter of 2024. This growth, amounting to a 37% year-on-year rise, can be attributed to the successful launch of new projects and the performance of key existing clients.
Expansion and Innovation Drive Success
One of the key factors contributing to EvenBet Gaming’s success in Q1 was the strategic initiatives implemented within the customer success department. This approach resulted in a notable increase in active players globally, with a 40% year-on-year rise to a total of 42 million players.
The company’s expansion efforts were also noteworthy, with 21 new additions to its global team paving the way for further internal growth.
Key Achievements and Milestones
During the quarter, EvenBet Gaming made significant strides in the market by launching Betplay’s new digital poker offering in Colombia. Additionally, the company strengthened its presence in Peru with partnerships with sports betting operators Apuesta Total and Aposta.la.
The developer’s commitment to innovation was evident with the release of five new software updates, introducing major features such as the integration of the Pinnacle sportsbook and Gamzix games to its casino offering.
Future Outlook and Growth Targets
Looking ahead, EvenBet Gaming is on track to achieve its ambitious target of 30% annual revenue growth. The company’s CEO, Dmitry Starostenkov, expressed confidence in the organization’s trajectory, highlighting the team’s commitment to delivering top-tier gaming experiences.
In the upcoming quarter, EvenBet Gaming plans to expand its footprint into new markets, exhibiting at industry conferences in Europe and exploring opportunities in the African market. The company’s strong performance in Q1 sets a promising tone for continued success throughout 2024.