Interviews
Exclusive Interview with George Shamugia, Singular’s CEO
Could you briefly narrate the story of Singular, from its beginning in 2009 in Tbilisi to its present state as a global gaming technology provider?
The story of Singular started back in December 2009 in Tbilisi, Georgia when it was officially formed as a company by two longtime friends (friends, since high school) George Shamugia and Akaki Meladze. Initially, Singular was involved in social gaming and during the course of 2010 – 2011 has produced several popular mass scale social games. During the second half of 2011, Singular did few social games (Dice Poker, Fantasy Football) for the local online gambling operator Adjarabet. During that time Adjarabet had just started their online operations. Soon they became the leading Georgian casino operator, and Singular played a huge role in this.
This was the first exposure to iGaming for Singular. We instantly saw a big opportunity for us in the iGaming field and in 2012 fully pivoted to iGaming. Singular’s experience in Social Gaming field empowered the company to swiftly enter the iGaming field and provide a truly outstanding solution, which was innovative and forward-looking. Since then Singular has developed bespoke iGaming platform, Sports-betting platform, Poker, and some casino and live casino content.
During the next few years (till the end of 2014) Adjarabet fully migrated to Singular’s solutions across all verticals: iGaming platform, SportsBetting, P2P games including poker, casino and live casino content.
In 2013 Singular opened its first office outside Georgia, in Skopje Macedonia. The decision was mostly dictated by the rapidly growing demand for Singular’s products. At the end of 2014 Darko Gacov, who was previously heading Adjarabet’s online operations, from day one, joined Singular as one of the partners. In 2015 Singular moved its HQ to Malta and exhibited for the first time on ICE London. 2015 is the year when Singular started the expansion of its client base and soon it had clients across every single continent covering the regulated markets for online gambling.
Throughout the years, innovation has always been our focus, and at the end of 2018, this was recognized by the Venture capital fund – Vereeni Investments. Singular joined Vereeni Investments’ newly unveiled €100 million tech fund ‘Level Up’ which focuses on innovative companies within the fintech, media, iGaming, business intelligence, software development, crypto and blockchain verticals. This has initiated a number of growth plans which have the potential to further expand Singular’s presence, not only geographically, but also in new industry directions.
Singular provides the full spectrum of iGaming and land-based technology solutions to gaming companies, ranging from the front-end website through the games to CRM and back-end features. Could you share a couple of success stories of gaming companies that use Singular’s platform and services?
There are few examples that can be mentioned here, but one solid example is Adjarabet, the Georgian operator which, having being fueled solely by Singular’s technology, became the fastest growing online gaming company on a global level and dominated the local market. We empowered their transition from retail to online by successful digitalization of their brick and mortar roulettes and streaming them online – a bridge for players trust.
This year, Adjarabet was acquired by Paddy Power Betfair who want to prolong the utilization of Singular’s platform for several coming years thanks to the continuous innovation of the
solutions and our tailored approach for each operator which only confirms our dedication to helping our partners grow.
There is a buzz in the industry about the new sportsbook that Singular is developing. It is tipped to be the most innovative of its kind. Could you tell us more about it? When is the launch scheduled?
In September this year, we are planning to release a completely new sports-book which was engineered from scratch and will set a new standard for sports-betting in the iGaming Industry. The product is the result of long and thorough research of the market with a high focus on changing players’ demands. Also, we believe that these shifts in demand provide lots of opportunities to change their experience as well. This release is our attempt to redefine what Sports-betting platform should look like and offer in terms of functionality.
Our new sports-book will take user experience to the next level with some bold moves, with in-play first approach, a platform that automatically adapts to each player’s needs and gives them personalized game experience, based on their activities and interaction patterns with the platform.
Your development centers are located at Skopje and Tbilisi – not, for instance, London, California or Malta. Was it a deliberate decision to stick with the supposedly offbeat locations? What are its pros and cons, if any?
When we started the Singular Story our goal was not only building a successful business but contributing towards building a more robust software community in our home country. Making a decision to start a company far from the innovation hubs bear its own risks, especially when your goal is to compete on a global scale. But, I think those are the decisions that make the journey worthwhile. You’d be surprised how skillful and ambitious talent pool these “offbeat” locations have. So, everything started in Tbilisi, Georgia where our first development base was opened and where today we have a strong and innovative team of engineers. Also, the development base in Skopje, Macedonia tackles all sports-book related development and innovation processes. Opening office in Macedonia for us was a straightforward decision. First, Macedonia offers a good pool of highly qualified backend java engineers. Second, the
fact that Darko Gacov, one of our partners, is from Macedonia gave Singular easy access to that market. The latest addition to our development bases is Tallinn, Estonia, which is one of the tech hubs of Europe. For this reason, finding top-notch software engineers there is easy.
Malta is the place where Singular is headquartered, and all the Singulars processes and activities are governed. The reason behind the opening HQ in Malta is simple – Malta is almost like the Silicon Valley for iGaming industry. It goes without saying that every single iGaming company must have some sort of presence in Malta.
San Francisco base, which is also a new addition to our team, works solely on a new iGaming product which will primarily target the US market only and initially will be launched as F2P (free to play).
On the cons side, having distributed teams across several locations with time zone differences requires a lot of effort to keep everyone in sync.
Could you tell us more about the regulated markets that have Singular’s footprint? What are your strategies to tackle vastly different and constantly changing legislations even across Europe?
Let me name a few markets: Europe, Nigeria from the African Continent and recently regulated LATAM market. We have quite frequent release cycles for almost every product, which makes it easy for us to adjust to new regulations almost instantly. The strategy we have in place to tackle vastly different and constantly changing legislation lays deep within the architecture of our platforms. Our solutions have modular architecture on the granular level, almost every aspect and functionality of them is fully configurable. In other words, every single module is a standalone service and fully configurable. This allows us to adjust and be compatible with almost every jurisdiction out there. It’s true that this kind of architecture requires more time and resources during the development time, but its flexibility fully pays off during operations. Almost no two deployments of our platform look the same thanks to the highly configurable nature. This does not only allow us to tackle different regulations required by different markets but also enables us to deliver a fully customizable and flexible platform to our clients. Ultimately, this helps our clients to stand out from the competition.
The USA and, to a lesser extent, Japan are the happening places at the moment for the sports betting service providers, especially the US Supreme Court’s verdict on PASPA Act. How do you see these developments and the role of Singular on these markets?
At this moment our primary focus is on the U.S market. It will be quite a challenging market because of its nature and will require a lot of innovation and leading-edge approaches. Good thing is that we, at Singular, love challenges while challenging markets and innovation is in our DNA.
At this moment, every single Sports-betting solution provider out there tries to directly launch their existing solutions in the U.S. In our opinion, this is a huge mistake because all the existing solutions are primarily focused on Europe. The U.S. is a totally different market and requires a tailored approach. The U.S. users’ demands and expectations in terms of the sports-betting experience totally varies from what we have in Europe or even in Africa or Asia. That is why we took a different approach for the U.S market and currently are in the process of developing new product tailored for the U.S. market. The launch is planned at the end of this year or beginning of next year.
Singular has been nominated for two categories in recently held Malta’s iGaming Excellence Awards 2019: Best iGaming Online Product of the Year and Best Gaming Online Betting Platform of the Year. What are awards and recognitions that have come by in your a decade-old journey?
We aim to continuously roll out new engaging features. We are simultaneously addressing our clients’ specific requirements, but we are also proactively innovating the solution. The nominations and awards are the cherry on the top. In addition to the nominations for Malta’s iGaming Excellence Awards 2019, our solutions have been nominated in four categories for the EGR B2B Awards 2019:
- Sportsbook platform supplier
- Innovation in sports betting software
- Live casino supplier
- Sports betting supplier
In the past 4 years, Singular’s Gaming Platform, Sports-book Solution and the Live Casino have been repeatedly nominated in number of categories by SBC Awards, EGR, G2E Asia and others. We feel extremely proud and grateful to receive recognition from the top authorities from the industry for all the hard work, year after year.
Finally, look at your crystal ball and tell us about the future! What is your take on the direction in which the industry grows, in the light of frequently emerging disruptive technologies? And what are the new products and services that Singular is going to launch?
Big data and Machine Learning is a science by itself and it is no wonder that more and more companies start referring to data as “the new oil”. It simply creates vast opportunities not only for player personalization and targeted marketing but also for discovering trends and patterns that were not visible before. If someone does it right, they will have a significant edge over their competition and it will not take long for this to have an operational effect. If you have a platform that can collect, process and package the data in relevant information and of course personnel that can interpret the data in a strategic and operational capacity for different departments, it has the potential to directly affect the success of the company.
As mentioned before, this September we plan to roll out our new Sports-betting solution. This release will be an inaugural step of an innovation process across the entire product portfolio. Through leveraging big-data and machine learning, we aim to create personalized player journey at a higher level. Also, at the end of this year, we plan to launch out U.S. centric F2P iGaming product.
We started designing the concept back in 2013 with the ultimate goal to empower operators with opportunities to offer each player a unique experience. We have a lot of modules and services that provide tools that enable this, starting with our segmentation engine, and continuing with our CRM. This approach also spreads across the rest of Singular’s products like sports-book and casino integrations, so that personalized experience is also applicable to the content delivery. However, segmentation and personalization are not “one-time – we did it” thing. It is perpetual work in the direction of improving the approach and experimenting with new and better technologies, constantly.
Interviews
Exclusive Q&A w/ Radek Pšurný, CEO at Match Hype
Match Hype has just won two industry competitions. Talk us through your product.
Match Hype brings engagement from social media platforms like TikTok and Instagram into the sportsbook. Our technology automatically turns raw sports data into short videos full of sports and betting insights. We have the capacity to create up to a million videos daily in more than 30 languages. We also provide hosting and streaming of the videos, and we track everything in the video thanks to our own player. The high level of video experience and the scale make us unique in the market, and we believe that this innovation is extremely needed in the industry—and the judges in the competitions probably agree with us.
What technologies are you leveraging to deliver such a cutting-edge tool/product?
We have more than six years’ experience in developing dynamic video solutions for clients like Microsoft, HBO, and SAP, and a decade in high-end video production for similarly well-known clients. Match Hype is the essence of this. We have developed our own robust cloud infrastructure that enables us to work on a huge scale. We can also leverage the integration of third-party solutions that help us make the video content rich and engaging. The AI boom came at the right time to help us make the experience for the viewer even better.
Who is Match Hype aimed at?
We focus mostly on sportsbook operators, where we think we can bring the biggest value. But we also have clients on the affiliate and media side. Our “competition” at the moment are creative professionals who are able to create one video at a time. To cover hundreds or thousands of events daily, you need huge manpower. With Match Hype, you don’t need that—it’s all automated. Anybody who appreciates this level of efficiency will benefit.
The end users are any sports fans who enjoy engaging videos. So basically everybody.
Has this industry been slow to embrace video content and unlock the potential it offers? If so, why?
It’s hard for us to talk about the whole industry, as we haven’t been part of it for that long. But iGaming feels like a conservative industry where only truly meaningful innovations make it. Fingers crossed for Match Hype being one of them. We are confident because of our track record in other industries, and mostly thanks to the results of our dynamic videos that are already used by significant igaming industry players.
What makes video content so effective at customer acquisition? How can Match Hype be used in this regard?
People just love video content. In the last review, TikTok said that the average user spends around 90 minutes a day on their platform. Platforms like Spotify used to be music and podcasts only; now they are full of videos. You just can’t ignore that. Video killed the radio star, and a static sportsbook is next to die.
And what about retention? How can it be used to keep players engaged and coming back for more?
Imagine that a 30-second video gives you the exact insights to help you make a betting decision without spending dozens of minutes on different resources to gather all the information. People don’t want to read anymore. This is probably an even bigger strength of Match Hype than user acquisition.
What can we expect from Match Hype in the coming months?
We will establish Match Hype as an industry standard for dynamic video content. We’ll bring many more sports like tennis, basketball horse racing and. We are preparing real-time video use cases—for example, half-time updates in football—and new distribution channels like integration directly into streams. The potential is huge. Stay tuned.
Any final thoughts?
For the last year, we have talked with literally hundreds of iGaming experts, investors, and executives. Almost every one of them sees fan engagement as a huge topic in the upcoming months and years. And video will definitely play a key part in it.
Video says more than a thousand words. Give it a go—watch one of our 30-second videos and see for yourself.
Affiliate Industry
Flying high: How RavenTrack is helping operators unlock the true potential of their affiliate programs
We sit down with Adam Rowley, Managing Director at RavenTrack, to understand why data, tracking and optimisation are key to a successful affiliate program
Your tagline is “win at performance marketing”. Tell us more about how you help operators maximise their partnerships with affiliates.
It is indeed. RavenTrack is a powerful affiliate tracking solution that allows operators to track, optimise and grow through their affiliate programs. Our proprietary solution offers an advanced affiliate tracking platform built by iGaming experts – this ensures it meets the unique demands of the industry, including the need to withstand the pace and complexity of affiliate marketing in the online sports betting and casino space. RavenTrack has also been designed to be flexible and customisable so that it can be adapted to individual client requirements. This combination of qualities has seen us become the go-to affiliate software tracking provider for more than 150 brands across the world, brands that are winning at performance marketing with the support of RavenTrack.
Why is tracking so important to the ultimate success of an affiliate program?
Tracking is the glue that holds marketing and sales together in the online arena. But effective tracking requires a platform that delivers reliability, accuracy and a seamless UX so that users can easily dig into the data and generate valuable insights. Speed and reliability are crucial so that operators don’t miss a single click or conversion. To track data effectively, operators (and their affiliate partners) need tools such as pixel and postback capabilities and geo-targeting. The former allows affiliates to track customer activity in real time which helps them maximise the revenue of the brands they work with. When it comes to intelligent geo-tracking, it allows users to identify and aim to funnel traffic through specific locations.
But tracking is just one part of the process and success of an affiliate program– online sportsbook and casino operators must be able to take the data they have tracked and use it to optimise campaigns, both internally and those being run by their affiliate partners.
What does optimisation look like? How does RavenTrack help its customers do this?
Traffic source provides a lot of spoke for optimisation, especially when it comes to things like which affiliate is performing best, changes to traffic, ROI and conversion rate optimisation. With RavenTrack, operators have the insight they need to do this. They can also give their affiliates access to data via their own internal reporting systems – this is done via our two-way API – to help determine which campaigns and creatives are delivering the best results. Operators also need to optimise the commercial agreements they have in place with their affiliate partners, and this means being able to offer them a range of options including CPA, revenue share, CPL, CPM and hybrid.
As operators – and their affiliates – get more experienced at using data and tracking, they will want to customise reports to a pretty granular level so that they can optimise to a much deeper and greater extent. Customisable reports (we have more than 20 reports available), marketplace and dashboards are just a few of the tools we provide to help operators and affiliates optimise campaigns and work to the commercials that deliver for both parties.
And how does all of this come together to help both operators and affiliates scale at pace?
Our fixed-cost model means operators can create as many campaigns for their brands as they like without the worry of additional costs. This in turn makes growing their program pretty straightforward. With a long list of commission structures available (which can be customised by the client) for their affiliate partners, operators can ensure the growth of the program is reflected in the growth of the wider business, ultimately allowing them to maximise profitability from affiliate marketing activity while at the same time ensuring their partners are fairly compensated for the quality traffic they send.
Migrating to a new affiliate tracking platform can cause major upheaval. How do you help operators through the process?
We know that moving to a new platform can be a big decision and a significant undertaking, but we have plenty of options to make it a seamless process from start to finish. This includes working with the affiliate program team to run their old and new program side by side to ensure there is absolutely no drop-off in traffic or lost data. Our UK-based account and customer support team is always on hand to assist during the migration process, and once operators are up and running with RavenTrack – this includes helping them get the most out of our platform and tools.
RavenTrack has only been around for a handful of years but has already achieved great things. What can we expect in the months ahead?
We hit the market in 2018 and haven’t looked back. Today, we work with 150 brands, processing more than one billion clicks per month and £2billion in deposits to date. The operators using RavenTrack to run their affiliate programs have generated more than £500 million in revenue and counting. Our numbers speak for themselves and no matter the size of brand or affiliate program, our solution is the key to unlocking the true potential of affiliate marketing. As for the months ahead, expect more platform updates, new tools and some big-name partnership announcements.
Africa
SmartSoft’s expertise and future vision for the African market
In recent years, the online gaming landscape has witnessed a surge in innovative and engaging titles that capture the interest of players worldwide. Among these, first ever flying crash game by SmartSoft – JetX emerged as a standout game, particularly gaining substantial traction in Africa. This article provides an in-depth examination of JetX, a popular online crash game, and explores the expertise behind its creation. By focusing on the game’s features, the developer SmartSoft Gaming, and insights from an interview with the Vice President Commercial, we aim to highlight the factors contributing to JetX’s success and its impact on the gaming industry.
About SmartSoft Gaming
Founded in Georgia in 2015 by industry experts, SmartSoft set out to create a one-of-a-kind casino games provider that offers high-quality gaming experiences worldwide. By combining interactive features with captivating visuals, we blend gaming and gambling to deliver more engaging, entertaining, and superior experiences. Our mission is not just to attract players but to enhance their enjoyment.
To gain further insights into the development of JetX and the vision behind its creation, we spoke with the Vice President Commercial of SmartSoft.
Rusa Javakhishvili Vice President Commercial of SmartSoft shared insights and analytics from African countries, and outlined future plans. Rusa joined SmartSoft two years ago as Head of Finance and Strategic Projects. In early 2024, she transitioned to the commercial side as Head of Account Management, and is now Vice President of Commercials, overseeing several regions, including Africa.
What was the general concept and inspiration behind JetX?
In recent years, the online gaming landscape has witnessed a surge in innovative and engaging titles that capture the interest of players worldwide. Among these, JetX has emerged as a standout game, particularly gaining substantial traction in Africa. The main concept of the game is that it is easy to play, the player is involved in the decision as much as possible, it is fast and within the fast-paced world we think that it delivers exactly what players need for an enjoyable experience.
How does JetX differentiate itself from other crash games in the market?
At SmartSoft, we appreciate our relationships with partners, it’s very important to us. We constantly think and work to create a valuable product and maintain strong connections with them. SmartSoft’s portfolio includes a diverse range of online casino games, each designed to offer unique features and interactive gameplay but JetX is the literal gem!
JetX is an online crash game that combines simplicity with excitement, offering players an engaging betting experience. This dynamic gameplay requires both luck and strategy, appealing to a broad audience seeking quick, high-stakes action. JetX stands out due to its user-friendly interface, real-time gameplay, and mobile compatibility, making it accessible and enjoyable for players on the go. Its growing popularity in Africa can be attributed to its exciting gameplay mechanics and the potential for significant winnings.
What strategies did you employ to ensure JetX appeals to a diverse audience, particularly in Africa?
When we expanded into the African market, we knew it’s a big and diverse region, so it’s important to understand each country individually instead of seeing it as one market. With our partners’ help, we’re working hard to learn about each country’s marketing practices and what types of games people enjoy. It’s a challenging task, but the African market is a top priority for us, and we’ve allocated resources to quickly build our knowledge in this area.
How has JetX been received by African players compared to other regions? Are there any notable differences in player behavior or preferences?
The African market is one of the most interesting and significant for us, and we believe it has great potential. It is a highly dynamic and exciting market, where players are exposed to a wide variety of games. Their enthusiasm for diverse content gives us inspiration and motivation to create games specifically tailored to their unique preferences and needs. Moreover, they are quick to engage with new releases, eagerly embracing fresh content when it aligns with their tastes and expectations. Although Crash products were introduced only recently, they have quickly become a favorite among consumers. We expect this trend to continue growing.
How do you assess player feedback and incorporate it into ongoing game improvements?
This is a crucial aspect for us. That’s why, in collaboration with our partners, we consistently review key feedback on our games and strive to incorporate it as much as possible into new versions. We strive to bring enjoyment in everything we do – whether it’s in our work environment, or for the end users. Our goal is to delight both the customers and ourselves with our work. Therefore, we integrate gaming’s fun elements into gambling to maximize enjoyment. This approach fuels our drive to innovate and create playful experiences, redefining the gambling industry and making it more entertaining;
What future developments or updates can players expect for JetX?
Our product has undergone numerous changes since its inception, with many more improvements planned. These changes are aimed at delivering the best possible user experience for players while ensuring the product remains of the highest technical quality.
How has the success of JetX influenced SmartSoft’s approach to game development?
JetX, the first Crash game created in 2018, holds a special place as one of the company’s most beloved titles. Its global popularity is evident, and we’re thrilled that players enjoy it. At SmartSoft, having a diversified portfolio is crucial, which is why we release new games every year. As pioneers in the Crash genre, we ensure that we continually expand our offerings. Our goal is to provide players with a wide range of high-quality games they can trust to deliver an enjoyable experience.
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