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Casino Software Providers 2021
In the wake of general isolation and quarantine, each industry received its implementation on the Internet. Some did not take root, some no longer presented themselves to people in a different guise, while others have already been in it for a long time, but as if they got a second wind, they began to develop even more rapidly. Online gambling can be attributed to the third type since it has been popular since its inception because it has made the casino more accessible and closer to the average person. Now real money slots are one of the most serious for players in the online entertainment market. The increased demand of players is fully and completely satisfied by the constant updating of the gaming catalog of providers, and the emergence of new casinos that offer a new experience. First of all, this merit should be assigned by the developers of software for games for gambling projects, because they are responsible for each masterpiece of entertainment. Avid gamblers first of all pay attention to the gaming provider and the number of games in a particular gaming club.
It is worth immediately explaining who the casino providers are and why they are needed. These are development companies, which in their structure and main purpose resemble the developers of games for handheld consoles and computer platforms. Their main task casino software providers are to create entertainment and attract attention to their projects. This is achieved by improving the gameplay and adding special bonus offers in real money casinos that are hardwired directly into the game. Their influence on the industry and the online casinos themselves cannot be overestimated and sometimes it can even be seen with the naked eye. For example, such a concept as the design of a gaming platform is sometimes based on the available games. Especially zealous real money slots create projects that are based on the entertainment of a certain developer, which predetermines the design of the entire project. The number of game developers is constantly growing and sometimes it is difficult to understand whether this is a new game project, or it is an offshoot of an existing one. Among them, some have been veins in their business for more than a dozen years and continue to delight players with their new games. Here are the most popular providers of free pokies: Aristocrat, Microgaming, Playtech, NetEnt, Bally, Novomatic, Betsoft, IGT. Each of them is a guarantor of quality and an excellent pastime in a gambling project. Their distinctive features are different and they also became known for different reasons:
Microgaming | is known to players primarily for its progressive jackpots and slots, which have become a household name in the industry. It is microgaming casinos that are popular among players of different nations and cities due to their design. |
Playtech | casino has always been distinguished by its collaborations with famous media brands such as Marvel, as well as the presence of special slots real money online with the highest RTP rates in the industry. |
Aristocrat | casino games are also, first of all, slots, since this developer has been creating game atoms throughout its history, after which it also decided to try its hand at their online implementation. |
NetEnt | casino is a brand that attracts players not only by the quantity but also by the quality of its gaming products, the overwhelming majority of which are the same spin and win real money slot machines. |
IGT | casino developer is known to everyone for its meticulous approach to the supply of entertainment to gambling projects, so if you see games from this company, you can rest assured of the quality of the gamble online real money. |
Bally | casino is faithful to the traditions and, in addition to games for online casinos, produces slot machines that are still capable of surprising even the most sophisticated player. |
Betsoft | сasino is primarily a company that actively promotes games on mobile platforms. This is their bread and water. |
Novomatic | games is another developer known for its slots with a long history, which is distinguished by high variance indicators. |
Next, we will tell you in detail about each of the representatives of the online casino software development industry.
Aristocrat
Foundation date: 1953
Most popular casinos: Buffalo free online slots, 5 Dragons, Indian Dreaming
Income 2021: 2.23 billion AUD (annual)
The Aristocrat company is a true old-timer of the industry. It was founded in 1953 in Australia, which is why it has become the number one among both land-based and online casinos in this country. Throughout its history of existence to this day, it was engaged in the creation of Aristocrat slots online real money, which are now supported by Internet versions. From the 60s of the 20th century, Aristocrat entered the European market of the gambling industry, where it firmly holds its position to this day. As of 2019, the capitalization of Aristocrat Technologies was 4.4 billion AUD. According to the company’s official data, in the first half of 2021, their annual income was 2.23 billion AUD, which is only 2 million less than income for the entire 2020. These numbers perfectly show us that this developer is developing and increasing its influence on the market. This provider focuses on the development of free pokies Aristocrat. The most famous and popular among them are Buffalo real money pokies, 50 Lions, 5 Dragons, and many others. By the way, you can try their demo version, try your luck on the site of the same name https://aristocrat-slots.com/. The aristocrat loves to please players with a high RTP of 94%-97% on average, bonus rounds and free spins, and big jackpots. For example, the same Buffalo slot can make gamers gold with a total jackpot of $2,513,441.20. These Aristocrat pokies Australia games can be found in many gambling projects, but the most popular among them is the Australian projects such as Yoju, Wild Tornado, Spin Samurai. The growth in popularity of these real pokies online is not at all surprising, because the number of games is simply impressive, and many of them include their favorite characters from films and video games. In addition, Aristocrat Leisure is a large and profitable company that is included in the top 30 companies that impact the Australian economy in 2020.
Playtech
Foundation date: 1999
Most popular casinos: Funky Monkey slot machine, Irish Luck slot, Playtech free penny slots
Income 2021: $553 million
The Playtech company was founded in 1999 and develops games for online casinos. Their portfolio contains a wide variety of projects, from online slots to sports betting and playtech casinos no deposit bonus. In total, over the entire period of their existence, they have created more than 500 different entertainments and this figure is stunning, especially because the quality of games does not sag due to the quantity. Now the most popular genre among their games is slots real money online and the company does its best to promote them. For example, one of the nicest features is the presence of a huge jackpot in entertainment. For example, the Pink Panther free online slot has a total jackpot of $10,000,000! This figure is one of the largest in the industry and can even compete with a game like Mega Moolah, which is famous for its biggest wins. As for the distinctive characteristics, the Playtech company boasts a lot of interesting things. Firstly, all their products have been tested by eCOGRA, which tests pre-release versions of real casino slots and makes a verdict on their fairness. They also use data encryption technologies such as 128 bit SSL certification, which makes the entertainment completely protected from intruders. As for the capitalization of this company, in 2015 it was one of the most expensive with a net income of 136.3 million euros that year and a turnover of 630 million euros. As of 2021, developer Playtech has a net profit of 553 million dollars. Also worth noting is their contribution to the COVID-19 Fund, to which £3 million was donated. The best playtech casino list games are Buffalo Blitz slot, King Kong slot machine, and Jackpot Giant slot, which will give generous bonuses to users.
IGT
Foundation date: 1975 as Gtech SpA, 1990 as IGT
Most popular casinos: Wheel of Fortune free slots, Lobstermania slot, Cleopatra slot machine
Income 2021: $1.015 billion
International Game Technology (IGT) is a real giant in the development of games for gambling websites, which began its activities in 1975. Its history is somewhat reminiscent of the provider Aristocrat because IGT also based its activities on the development of free online slot machines, which are still supplied to land-based casinos around the world. At the moment, this IGT casino provider can be called the largest developer of real online pokies. The contribution of IGT to the field of development should be noted because they constantly invest their funds to research new technologies that will help create innovative games. In 2018, they spent $283 million on a research company. Now we are smoothly moving on to the most delicious dish – progressive jackpots slots and Aristocrat pokies. This solution is actively used by International Game Technology in free slots with bonuses machines, which allows players to receive incredibly large payouts. They are the creator of the famous Cleopatra Mega Jackpots, which has a total jackpot of $1 million. As for the RTP indicator, it is on average lower than that of other providers, but this is due to the same progression in maximum payments, the total amount of which is constantly replenished from the players’ bets. The size of the jackpot depends on the players, which is an additional incentive to constantly return to the game. The best casinos with IGT software are Wheel of Fortune free slots, free monopoly online, Da Vinci Diamonds free slots casino games. In the period from 2015 to 2019, the company’s total annual income has decreased every year and at the time of the same 2019 was about $4 billion. As for 2021, for the first quarter, they received revenue of $1.015 billion, which is almost $200 million more than the same indicator in 2020.
Microgaming
Foundation date: 1994
Most popular casinos: Hot shot, Romance slots, Tomb Raider online slot
Income 2021: $18.6 million (net income)
Microgaming casino provider is a true mastodon in the development of casino games, which has been on the gambling market since 1994. It is known not only for the development of a variety of online entertainment but for the creation of its own branded online casinos, in which mainly games are only from this provider. The most popular genre among 850 games created by this developer is, of course, microgaming slots real money. Some of them stand out for their collaboration with films and TV shows. These include Terminator 2, Game of Thrones, and even an adaptation of the famous Playboy magazine! But the most famous Microgaming no deposit bonus games entertainment of course is Mega Moolah without which none of the topmost profitable slots and biggest jackpots can do without. So far, the largest documented is $17.8 million! This indicator was immediately included in the Guinness Book of Records as the largest jackpot ever received in online games. Another feature that popularized this gaming brand is the presence of demo modes in slots. They allow players to try the free pokies Aristocrat without having to deposit any funds. You can try them in the best casinos with games from Microgaming: Golden Dragon slots, Immortal Romance slot, Pure Platinum, Bear Money. This company provides many of the highest-paid jobs in the industry. The annual salary is $145,000 per worker. Microgaming’s net income for the first half of 2021 is $18.6 million.
NetEnt
Foundation date: 1996
Most popular casinos: Sons of Slots, Royalzee, Jonny Jackpot
Income 2021: $60 million (net income)
In 1996, one of the most famous online casino software development companies NetEnt was established. Over the history of its existence, more than 200 different gaming projects have emerged from the pen of the software provider, the services of which are used by more than 210 free slot machines with free spins around the world. One of the most interesting distinctive features of this provider is the collection of player statistics during their pastime. For example, they analyze demographic data to understand in which regions which games are most popular, which sectors of society use certain games, and so on. They also study the gaming hardware on which users play so that in the next projects they can apply better optimization in them and they can run on any device. You do not need to worry about data leakage, because NetEnt uses only the information that the player will permit. Regarding slots from this provider, they also like to cooperate with famous brands and pop culture figures. For example, you can play slots such as Guns n ‘Roses, Jumanji free slots, and Narcos. Of course, the most pleasant features are combined or as they are called progressive jackpots. Their budget is growing thanks to the players and the stakes they make, so the total can go up to huge numbers. To become a participant in the progressive jackpot drawing, the gambler needs to make the maximum bet in the online slot. This is not a problem, as NetEnt casino has in its portfolio the so-called Penny Slots, in which the betting range is the most pleasant. You can get acquainted with them in the best online casinos with NetEnt slots games: Sons of Slots, Royal Zee, and Jonny Jackpot. As for NetEnt’s provider financial statements, this company, thanks to its development, entering new markets and the introduction of the latest technologies, began to increase its profitability indicators. In 2021, they were already able to receive approximately $60 million in net profit.
Betsoft
Foundation date: 1999
Most popular casinos: RioBet Casino, Rox Casino, SapphireBet Casino, Casino In
Income 2021: $18 million (net income)
Betsoft is an online casino games provider that was founded in the centre of European gambling – Great Britain in 1999. Previously, this company did not stand out for anything special among others and was a strong mid-range development, but in 2010 everything changed. Betsoft casino provider has released a new innovative line of 3D slots. They immediately captured the hearts of gambling fans with their unprecedented beauty graphics, which became the hallmark of this developer. Nowadays, the company is actively engaged in the creation of casino games on mobile platforms, which is their main activity. Thanks to skilful interaction with hardware, even the weakest devices can produce unprecedented graphics. It was for these developments in 2019 that Betsoft software provider was nominated and won the “Innovation in RNG Products for Casino” award. In addition to slots, they are also engaged in the creation of board games, in which 3D graphics are also used, but unfortunately, they have not yet been ported to mobile devices. Since the company does not provide official reporting on its earnings, we cannot provide you with exact figures, however, they are supposed to receive about $18 million in 2021.
Novomatic
Foundation date: 1980
Most popular casinos: Sizzling Hot Deluxe slot, Lucky Lady Charm Deluxe, Dolphin’s Pearl slot
Income 2021: $670 million
Another company with a worldwide reputation and immense popularity was founded in Australia in 1980. It was Novomatic casino provider, which at the dawn of its prosperity was exclusively engaged in the creation of free slot machines for online casinos, but at the beginning of the 21st century they decided to try their hand at online gambling and they received an overwhelming success. This became possible thanks to the merger of the developer with another company that specialized in the creation of computer graphics, whose name is Greentube. So far, they have developed over 300 different free online casino slot machines. They are also constantly updating Aristocrat poker machines that have already been released. So, in 2021, gamblers are waiting for the release of the Deluxe version of one of the most popular Book of Ra slots. As for the technical component of the slots, they have all the nice features for the players in the face of free online bonus rounds, free spins, multipliers, and special symbols with bonus features, and a high RTP from 90% to 99%. Financial indicators represented by the total turnover of funds of the Novomatic casino company increased to $1.7 billion in 2021, and their annual estimated earnings should be $670 million.
Bally
Foundation date: 1936
Most popular casinos: 88 Fortunes slot, Quick Hit game, Dragon Spin slot
Income 2021: $29.5 million (net income)
Developer Bally casino provider was founded in 1936. In 1968 it became part of a large holding and did not develop games until 1979. But everything changed this year. Bally will once again become a game provider after merging with another developer from Nevada. In 2014, one significant event happened for this company, because it became part of the huge Scientific Games holding. Nowadays, Bally casino provider is actively developing free online slots real money, introducing the latest technologies into them, which allow players to use them both on computers and mobile devices. The list of Bally slot machines consist of the legendary 88 Fortunes, Quick Hit, and King of Pop. The latter was designed as a tribute to the legendary Michael Jackson. Since this developer is part of the holding, its financial capabilities are almost unlimited, but this does not prevent the company from earning huge profits. As of the first quarter of 2021, Bally’s revenue is solidified at $29.5 million, the largest quarterly report since 2019.
Latest News
Bacta pledge support for Safer Gambling Week as industry drives awareness campaign
Bacta is at the forefront of initiatives to encourage responsible gambling with the leading trade association for the land-based low-stake sector joining the Betting and Gaming Council, the Lotteries Council and the Bingo Association as organisers and supporters of the 2024 edition of Safer Gambling Week (SGW) which runs 18th – 24th November.
With a core objective of encouraging people to talk and take action to gamble responsibly, the initiative which is running for its eighth year, will feature what the official SGW web site refers to as a ‘blitz’ of safer gambling messages online and in land-based venues in order to spark a nationwide conversation about responsible gambling and the safeguards that have been put in place by the regulated industry.
George McGregor Bacta’s Executive Director (Government Relations) believes the initiative continues to make a significant contribution to the industry’s endeavours to reduce further the incidence of problem gambling. He stated: “The first point to make is that Safer Gambling Week draws attention to what Bacta members are practicing every week and every day of the year. This commitment and culture is something that every Bacta member should be extremely proud of.
“The consumer-facing Safer Gambling website poses a series of questions to consider and outlines how to use safer gambling tools such as setting time and deposit limits and how to self-exclude from gambling.”
He added: “As an awareness raising initiative Safer Gambling Week has demonstrated its value. Safer Gambling Week 2023 smashed previous social media records, generating over 50 million impressions across Twitter, Facebook and Instagram.
“The website received half a million visits and the campaign engaged with a large number of cross-party MPs and peers who gave their backing as did Premier League clubs West Ham United and Brighton and Hove Albion.
“Safer Gambling Week demonstrates that Bacta, its members and the industry at large is fully committed to delivering a safe, responsible and enjoyable gambling entertainment experience for all of its customers.”
Financial reports
SharpLink Gaming Announces Third Quarter 2024 Financial Results
SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and iGaming industries, today announced its financial results for the three and nine months ended September 30, 2024.
Financial Highlights
- Revenues decreased 27.7% to $2,838,908 for the first nine months of 2024, compared to $3,925,618 for the same nine-month period in 2023. For the three months ended September 30, 2024 and 2023, revenues declined 34.7% to $881,690 compared to $1,349,331, respectively.
- Total operating expenses declined 25.9% to $4,426,835 from $5,977,327 for the nine months ended September 30, 2024 and 2023, respectively; and total operating expenses dropped 46.0% to $970,080 from $1,795,057 for the three months ended September 30, 2024 and 2023, respectively.
- For the nine months ended September 30, 2024, net income climbed to $11,002,266 after factoring net income from discontinued operations of $14,567,733 – up 673.3% from a net loss of $9,114,443 inclusive of the net loss from discontinued operations of $2,523,754 posted for the comparable nine months in the prior year. After factoring a net loss from discontinued operations of $97,139, the net loss for the three months ended September 30, 2024 decreased 68.9% to $885,131 when compared to a net loss of $2,849,547 for the same three months ended September 30, 2023 after factoring a net loss from discontinued operations of $822,100.
- As of September 30, 2024, cash on hand was $1,850,206 and total stockholders’ equity was $2,020,143. This compared to $2,487,481 cash on hand and total stockholders’ deficit of $9,399,769 as of December 31, 2023.
Commenting on the results, SharpLink Chairman and CEO Rob Phythian said, “The notable decline in operating expenses reflects SharpLink’s continued focus on streamlining our affiliate marketing business; and the significant improvement in our bottom line results is largely a result of our $22.5 million cash sale of our SportsHub fantasy sports and sports game development businesses to RSports Interactive, Inc. earlier this year. Since that time, we have succeeded at scouring our balance sheet, eliminating virtually all of our debt, and have turned our attention to identifying, qualifying and pursuing compelling strategic growth opportunities that we believe can best be leveraged to create and enhance long-term sustainable value for our shareholders. As we progress through to the end of the year, we look forward to sharing much greater insight into our future plans for SharpLink resulting from the collective due diligence efforts of our leadership team and our highly engaged Board of Directors.”
For more detailed information about SharpLink’s Third Quarter 2024 financial results, please refer to the Company’s Quarterly Report on Form 10-Q filed yesterday with the U.S. Securities and Exchange Commission and accessible online at sec.gov or via SharpLink’s investor relations page at investors.sharplink.com/
About SharpLink Gaming, Inc.
Headquartered in Minneapolis, Minnesota, SharpLink is a trusted marketing partner to leading sportsbooks and online casino gaming operators worldwide. Through its iGaming affiliate marketing network, known as PAS.net, SharpLink focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide. In fact, PAS.net won industry recognition as the European online gambling industry’s Top Affiliate Website and Top Affiliate Program for four consecutive years by both igamingbusiness.com and igamingaffiliate.com. SharpLink also owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state. For more information, please visit sharplink.com.
Forward-Looking Statements
This release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business through strategic growth opportunities, the potential benefits of the Company’s products, services and technologies and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, government regulation of online betting, customer acceptance of new products and services, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company and its competitors, general economic conditions and other risk factors detailed in the Company’s annual report and other filings with the SEC. The Company does not undertake any responsibility to update the forward-looking statements in this release.
CONTACT INFORMATION:
INVESTOR AND MEDIA RELATIONS
[email protected]
Latest News
Exploring the Strategic Benefits of Cashback Programs with Bojoko CEO Joonas Karhu
The significance of cashback programs extends beyond mere player retention. They are a compelling incentive for new player acquisition, particularly among demographics that value financial reassurance during gameplay. By offering a partial refund on losses, operators can create a more forgiving gaming environment, encouraging players to engage more freely and frequently.
To gain deeper insights into the strategic advantages of cashback programs, we spoke to renowned industry expert Joonas Karhu. He is the CEO of Bojoko, a leading online casino affiliate platform known for its expertise in everything from exclusive offers to optimizing bingo bonuses.
In this interview, Karhu shares his insights on how cashback initiatives impact player acquisition and retention metrics, the specific player demographics that respond positively to these incentives, and the potential financial implications for operators. He also provides practical advice on effectively implementing cashback programs to maximize their benefits while mitigating associated risks.
How do cashback programs impact player acquisition and retention metrics?
From a retention perspective, cashback offers create a more forgiving gaming environment. Players are more inclined to return, knowing that some of their losses will be reimbursed. This assurance can reduce churn rates and extend the customer’s lifetime value.
You might not think that cashback programs could be a driver for new player acquisition, but they actually do have this effect, much more than UK casinos might expect. We have a page highlighting British casino sites with cashback bonus offers available, and from this, we have seen some interesting data.
Hundreds of Brits are specifically looking for casinos with cashback every month, and while smaller than many other searches, such as free spins, etc., this traffic and niche interest should not be ignored. Additionally, players will also take cashback into consideration when reading casino reviews and comparing websites. Adding cashback is a positive factor across the board.
Are there specific types of players who respond more positively to cashback incentives?
Cashback programs tend to resonate particularly well with the types of players you want at your casino, namely regular recreational players and high rollers.
For the former group, it is about a safety net and better odds. The logic is somewhat similar for high rollers, but the numbers they are playing for are huge, and you should strongly consider making your cashback for VIP rollers real cash rather than bonus money. Highrollers are used to getting money straight into their hands, have alternatives, and will be picky.
What are the potential financial implications for operators offering cashback programs?
While cashback programs involve returning a portion of losses to players, the long-term financial benefits often outweigh the immediate costs. Yes, you will lower the house edge, but in return, enhanced player retention leads to sustained revenue streams.
However, it’s crucial for operators to carefully design these programs to ensure they are financially sustainable, balancing player incentives with the company’s profitability goals. This is especially key for highroller incentives.
How can operators effectively implement cashback programs to maximize their benefits?
Operators should tailor cashback programs to align with their target audience’s preferences and behaviors. If you have a solid VIP or high roller base, have a separate system for them. Tiered loyalty programs or VIP programs work as well. It is also possible to only make cashback available for your VIP players if you have data showing that your regular incentives do enough to retain recreational players.
Are there any risks or downsides associated with cashback programs that operators should be aware of?
The only real risk is miscalculating your profit margins, especially when it comes to high rollers. Be careful that big wins from one set of players, coupled with high cashback payouts to others, are planned. The unexpected does happen, and you need to be prepared for it.
If you plan cashback right, there is no real risk. You are simply trading a small percentage of your house edge for retention. Just ensure the house edge is squarely on your side, and should you end up with a very high RTP overall, be sure to advertise it for maximum potential. There’s also a very large group of British players that really cares about payout percentages, and being over 96-97% can give you a nice additional boost in acquisitions.
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