Connect with us
SOFTSWISS

Industry News

The Latest iGaming Trends Taking Hold

Published

on

Reading Time: 3 minutes

 

The iGaming industry is one of the fastest moving verticals on the planet. As virtual reality, internet of things and big data take hold, competition continues to intensify between operators looking to deliver the very best experience for customers. Now more than ever, it is vital that operators offer customers seamless customer experience, the very latest casino bonuses, and the latest technology.

Keeping up with the latest emerging trends is another way operators can stay ahead.

 

The undeniable rise of Esports

The latest iGaming vertical to explode is the Esports vertical. Growing off the back of popular RTS and MORA titles, 2019 is set to see tonnes of new gaming titles take the industry by storm. Popular titles like Overwatch and Fortnite will continue to dominate Esport rankings. However, new titles like Apex Legends will offer fierce competition and an array of new markets for customers to enjoy. Apex Legends saw 25 million players on the game, within 1 week of launch. This level of engagement is crazy and paves the way for operators to offer numerous attractive markets on a wider pool of games.

This increasing hype has seen Esports sponsorships rain in from the world’s leading brands. These include the likes of Red Bull, Nike and Mercedes Benz. This industry is only in its infancy and will continue to explode over the coming decade. Operators across the iGaming vertical should take note and prepare their operations to take advantage of this key trend.

 

Cryptocurrency casinos on the rise

 If you haven’t seen the immense rise of cryptocurrency and the blockchain industry in the past 12 months, you must have been living in a cave. From humble beginnings, cryptocurrencies like Bitcoin and Ethereum have exploded from single digit market caps, to $100bn+ beasts. And many experts don’t see that trend reversing any time soon. Never one to miss a beat, iGaming operators have been pouring into the space quickly. There has been a sharp rise in operators offering blockchain based betting platforms. Similarly, operators are considering how they offer customers the ability to wager in popular cryptocurrencies like BTC and ETH. Much like the Esport trend, where younger customer demographics are shifting the industry, blockchain and the tokenised economy will continue to take hold in the next few years. iGaming operators need to take note and ensure they are ready for this growing digital economy.

 

The rise of No Bonus Casinos and Casino Cashback

 It’s not only new technology and changing trends that operators need to stay on top of. The way in which operators are promoting their service offerings is also changing. Gone are the days where casinos solely focus on welcome bonuses and free spin offers. Casino operators now offer casino cashback and no bonus offerings to change the way they add value for their important customers. Not only do they want to attract the right type of customer. They want to drive lifetime value by continually rewarding them. Casinos are finding cashback is a great way to do this because they align their interests with the player. If the player wins, the casino provides no extra bonus or incentive. However, if the customer loses then they get cashback sent into their balance. This keeps the player engaged and gives them an additional value that they won’t find elsewhere. It’s vital that casino operators think about their welcome bonus and existing player incentives. Staying on top of the way they reward their best customers will keep them on top.

It’s going to be interesting to see how these emerging trends impact the iGaming industry. We wouldn’t be surprised to see much of the upcoming innovation in each space come directly from innovative iGaming operators vying to stay ahead.

Continue Reading
Advertisement




Prague Gaming & TECH Summit 2024

Affiliate Industry

The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024

Published

on

The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024
Reading Time: 2 minutes

The Nomination Committee of Catena Media proposed re-election of the following members of the Board of Directors:

Øystein Engebretsen

Theodore Bergquist

Adam Krejcik

Sean Hurley

The Nomination Committee proposed that Erik Flinck and Dan Castillo be elected as new members of the Board of Directors.

Göran Blomberg, Esther Teixeira-Boucher and Austin Malcomb have declined re-election as board members.

The Nomination Committee proposed that there will be six (6) members of the Board of Directors, changed from seven (7).

The Nomination Committee also proposed Erik Flinck to be elected as Chairman of the Board of Directors.

Erik Flinck, born in 1980, currently provides high end business consulting combined with serving as Chairman for the digital health startup, dr HUD. Mr Flinck previously served as Head of BCG Sweden and has extensive experience from corporate management, growth and turnarounds from nearly 20 years of Management Consulting and serving as Head of Group Strategy and M&A at Sandvik AB. He has a Masters Degree in Engineering (Software development and Financial Mathematics) from the Royal Institute of Technology in Stockholm and a Masters Degree in Business and Administration from Stockholm University and Stockholm School of Business.

Born in 1980, Dan Castillo has accumulated over 20 years of experience across startups, growth companies and turnarounds. Since 2015, Castillo has invested in Catena Media, maintaining a close watch on its progression, especially after its IPO in 2016. He has previous experience of listed board work in Kotipizza which Orkla acquired in 2018. He currently serves on the boards of five companies in different sectors, including Quartr.com in Fintech and Hope Studios in movie production. His academic background includes studies in Finance and Economics at Linköping University.

The Nomination Committee of Catena Media consists of:

Nicklas Paulson, representing Investment AB Öresund (chair of the nomination committee)

Marianne Stenberg, representing Second Swedish National Pension Fund

Martin Zetterlund, representing Niklas Karlsson

Göran Blomberg, chairman of the board of Catena Media.

Continue Reading

Industry News

IGT Announces Executive and Board Leadership Changes

Published

on

IGT Announces Executive and Board Leadership Changes
Reading Time: 2 minutes

 

International Game Technology PLC (IGT) announced that on March 21, 2024, its Board of Directors implemented changes to the Company’s Board and executive team.

Marco Drago announced that he will step down from his role as a non-executive director of the IGT Board of Directors. He will carry out his remaining term and depart from the Board at the conclusion of the Company’s Annual General Meeting (AGM) on May 14, 2024.

Enrico Drago has been appointed by the IGT Board of Directors as a non-executive director of the IGT Board. In addition, Enrico Drago will resign from his current role of CEO of IGT PlayDigital, and Gil Rotem, who is currently IGT PlayDigital President of iGaming, will expand his role to become IGT PlayDigital President and report directly to Vince Sadusky, CEO of IGT. These changes will be effective April 1, 2024. Enrico Drago will continue in his role as vice chairman of De Agostini S.p.A.

“As Marco Drago prepares to step down from his position on the IGT Board of Directors, I’d like to thank him for his many years of service and his unwavering commitment to driving results and creating value for all IGT stakeholders. Enrico Drago joining the Board and leaving his executive leadership position at IGT is a natural evolution that supports the Company’s vision for its next era of growth and transformation. Enrico’s value-creation mindset and understanding of global growth opportunities will enhance the Board and align with IGT’s strategic priorities,” said Marco Sala, IGT Executive Chair of the Board.

“Watching and guiding IGT through its evolution from a collection of companies that started with Lottomatica and GTECH grow into a unified global gaming leader has been very gratifying. We have been fortunate to have a great group of board members and business unit leaders that have helped drive IGT’s growth during this time. I thank them for their contributions and am certain that IGT is positioned for continued growth as we go forward with the bold initiatives we have undertaken,” said Marco Drago, IGT Non-Executive Director.

“Over the last five-plus years, IGT PlayDigital has established leadership positions in the global iGaming and North American sports betting sectors that will be foundational to the Company’s future successes. I thank the entire IGT PlayDigital team for all that we have accomplished in this time, and I look forward to supporting IGT in a new capacity and further helping the Company define its vision and strategy,” said Enrico Drago, CEO of IGT PlayDigital.

Continue Reading

Industry News

Bidstack Executive Team Acquires Bidstack Limited and all its Subsidiaries

Published

on

Bidstack Executive Team Acquires Bidstack Limited and all its Subsidiaries
Reading Time: 2 minutes

 

The executive team of Bidstack has acquired Bidstack Limited and all the operating entities of the Group, from the administrators of Bidstack Group PLC. The deal sees James Draper, Founder & CEO, and the executive team of Bidstack Ltd become significant majority shareholders.

All contracts and client relationships will continue within the new ownership structure – safeguarding jobs for the UK and European-based staff.

Bidstack, the multi award-winning in-game middleware technology provider that initially set about bringing programmatic advertising revenue to the most renowned sports gaming franchises in the world, has diversified into a broader offering, taking advantage of the most advanced off-engine content management system in gaming.

Following the announcement of a partnership with the Washington Commanders, where the NFL franchise became the first-ever sports team to utilise a platform to control advertising within their virtual stadium, across official NFL games, from multiple studios and developers, the management team has been focusing on sports rights holders as a key customer type.

The executive team has the support of the world’s leading rights-holder professionals in the sports industry. It will continue to execute from its position as the leading technology for the sports industry, for fan engagement and brand activations, in video games.

The executive management consists of James Draper continuing as Chief Executive Officer, with Lisa Hau stepping up to Chief Financial Officer, Dave Garvey continuing as Chief Legal Officer, Will Stewart moving to Chief Product Officer and Daniel Barrigas to Chief Technology Officer.

James Draper, Bidstack’s Founder & CEO, said: “The acquisition is a pivotal moment for the next phase of growth for the business. Our technology is at the forefront of sports technology, and I couldn’t be more excited. I am proud that we are able to reward our ambitious and industry-pioneering team and have them as shareholders alongside myself.”

“I want to thank the staff and customers for standing by us during this strategic review, which has obviously been an uncertain period. For all of our customers to have stood strong alongside us is testament to the relationships we’ve built over the years, as well as the incredible staff we have here who have fostered those connections.

“The company can now focus on the enormous potential we have, to enable sports teams to get closer to their fans and improve the player experience by bringing their virtual IP to life, with real-time messaging, rewards and engagements.

“Thank you to the management team who have invested to protect the incredible work our talented group has produced. It’s extremely motivating to see the unwavering belief we collectively have in our vision and product. Sadly, the public market is an uncertain place currently, and it’s a challenging environment for growth businesses such as ours.

“The interest and support we’ve had from some of the leading players in the sports industry has given our team great confidence and motivation as we work with some of the world’s largest sporting franchises and leagues.

“Thank you to everyone’s support and to our Board of Directors, who have assisted myself and management throughout.”

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Trending

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.