Date: 24.04.2024

by Adam Dworak

Last update: 08.05.2024 10:59

EvenBet Gaming Reports Remarkable Revenue Growth in Q1 2024

EvenBet Gaming, has announced a significant 37% increase in revenue year-on-year for the first quarter of 2024.

This growth is attributed to the successful launch of new projects and the strong performance of key clients. The company’s strategic initiatives within its customer success department played a pivotal role in driving these impressive results.

Expanding Global Reach and Player Base

The quarter also saw a notable rise in global player engagement, with active players increasing by 40% to reach a total of 42 million. In addition to player growth, EvenBet expanded its team by welcoming 21 new members, which strengthens its capacity for future development and innovation.

Notable Launches and Market Expansions

A highlight of the quarter was the launch of Betplay’s new digital poker offering in Colombia, demonstrating EvenBet’s expanding influence in Latin America. The company also fortified its presence in Peru with top sports betting operators like Apuesta Total and and saw continued growth in Argentina through the LatPoker network, which utilizes EvenBet’s software.

Innovations and Enhancements

EvenBet’s commitment to technological advancement was evident in the release of five new software updates. These updates introduced significant enhancements including the integration of the Pinnacle sportsbook, the addition of Gamzix games to its casino portfolio, a redesigned tournament lobby, and the integration of Google Analytics 4, enhancing backend functionalities.

EvenBet also launched its latest E-book titled ‘Core iGaming Trends and Challenges in 2023’ and marked its largest presence at ICE London in February.

Looking Forward

With a promising start to the year, EvenBet is on track to achieve its ambitious goal of 30% annual revenue growth. The upcoming quarters look promising as the company plans to expand its market presence further.

EvenBet is set to make its debut at SiGMA Americas in Brazil and will participate in several key industry conferences across Europe, offering numerous opportunities for market expansion and professional exchange.

CEO’s Perspective

Dmitry Starostenkov, CEO of EvenBet Gaming, reflected on the quarter’s successes, stating, “Reflecting on our performance in Q1, we are thrilled to see our strategic initiatives yielding such impressive results. The substantial revenue growth, coupled with the extension of our team and upcoming launch into the African market, underscores our continued commitment to delivering top-tier gaming experiences and solutions, and we will continue to strive for success throughout 2024.”