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EvenBet Gaming exceeds company expectations with 37% growth in Q1 revenues


EvenBet Gaming, a leading developer of online gaming software and solutions, has recorded a strong first quarter of 2024 which saw revenues grow by 37% year-on-year, driven by the launch of new projects and performance of existing key clients.

The impressive revenue increase has been attributed to the introduction of strategic initiatives within the customer success department at the company.

During the quarter, EvenBet experienced a significant increase in active players globally with a 40% year-on-year rise leading to a total of 42 million players. The company also expanded its global team with 21 new additions, paving the way for further internal growth.

The developer demonstrated its commitment to innovation and enhancement during Q1 by releasing five new software updates. These updates introduced major features such as the integration of the Pinnacle sportsbook and addition of Gamzix games to its casino offering.

Other notable achievements included the launch of its latest E-book ‘Core iGaming Trends and Challenges in 2023’ and the company’s largest ever presence at ICE London in February.

The company’s strong performance in Q1 sets itself on a promising trajectory for achieving its ambitious target of 30% annual revenue growth.

Dmitry Starostenkov, CEO at EvenBet Gaming, said: “Reflecting on our performance in Q1, we are thrilled to see our strategic initiatives yielding such impressive results.

AGBrief Editorial
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.