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What is the biggest development for the future of the iGaming industry

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Over the past few years, we have seen rapid growth in the iGaming industry. It offers huge opportunities to the operators and users to have a better gaming experience. The industry includes various verticals such as sports betting, casino, poker, virtual games, and many more. At present, sports betting and online casinos are the most popular verticals available in the iGaming industry. The statistical records by Technavio show that the industry will reach approximately $ 144.44 billion by 2024. There are sports betting software development companies available in the market that help business owners in developing the best sports betting platform for the audience. They offered customized platforms to the users to fulfill their expectations in the market. 

The statistical records show that the iGaming industry is expected to grow by more than $125 million by the end of 2025. The advancement of technology causes a rise in the sports betting and online casino sector of the iGaming industry. The iGaming industry allows users and investors to earn huge rewards and profits. 

 

The Statistical Records of the iGaming Industry

  • The iGaming market is expected to grow by 565.4 billion by the end of 2022. 
  • The transparency market research says that the industry will soon reach 90.13 billion by 2021-2025. 
  • The market survey says that the industry will reach $94 billion by 2024. 
  • The number of registered users will grow by 12.5% CAGR by 2026 in the iGaming industry. 
  • The American Gaming Association says that the revenue of the industry will grow by 86.2% yearly. 
  • There are almost 50% of people involved in the iGaming industry that shows huge involvement of the users and business owners in the industry. 

 

Advantages of the iGaming Industry

  • Online casinos and sports betting are the popular and growing vertical of the iGaming industry that could help operators in generating huge profits.
  • The casino software solution providers help operators in making huge profits and attracting a large audience in the iGaming industry. 
  • The iGaming industry offers various development opportunities to business owners that can cause huge profits to the operators. 
  • The iGaming industry has a wider scope for operators that offers huge opportunities to business owners in the market. 
  • Current legalization in many countries also increases the opportunities for the operators in generating profits. 
  • At present all major sports are covered in the iGaming industry that attracts the targeted market easily and causes huge revenue to the users.

show the rising trends of the iGaming industry. It creates huge upcoming opportunities for business owners in generating huge profits. The iGaming industry is the fastest growing industry and responds to trends smoothly that influence huge audiences in the market. There is two biggest development that the iGaming industry will continue to lead with are as follows:

The above-discussed advantages 

Online Casino 

  • It is easy to operate and investors can easily earn huge profits while investing in the online casino industry. 
  • The online casino industry has wider scope in the iGaming industry and there are various online casino software solution providers in the market who are ready to offer high-quality solutions to the audience. 
  • The industry offers huge prize money and rewards that can influence a huge audience in the market.   
  • The statistical records show the growing trend of the sector and offer huge opportunities to the business owners in generating huge profits. 
  • The demand for online casinos increases in the market which offers huge upcoming opportunities in the market. 
  • The casino industry includes betting on the outcomes of certain events and results that bring profits to the users as well as operators. 
  • To start an online casino business successfully, you just need to opt for a trusted online casino platform development company that can build a reliable platform for your audience.  
  • Due to the advancement of technology the industry includes various games such as craps, baccarat, slot games, roulette, and many more that offer entertaining platforms to the audience and help businesses to earn huge profits. 
  • The market survey by the experts recorded that the industry is expected to grow by 12% CAGR by the end of 2025. 

 

Sports Betting

  • It is another growing sector of the iGaming industry. At present, people found the sports betting industry engaging and entertaining and a huge number of businesses are also moving to the sports betting business.
  • The recent legalization in many countries is also positively promoting the sports betting industry. 
  • The industry offers an opportunity to the operators to connect with the audience globally.
  • The business owners can get wider scope through the industry as it includes various global sports events that influence a huge audience in the market. 
  • Due to the increasing demand in the industry, it shows the rise of its popularity and also increases the revenue of the industry in the market. 
  • Business owners can get huge opportunities as the number of users and competitors is also increasing in the industry. Thus, investing in the sports betting industry could be the best alternative for business owners in generating huge profits. 

 

Conclusion

Undoubtedly, the iGaming industry has become a popular sector in the market. It can easily influence a huge audience with the help of its verticals. The statistical records show the rising trend of the iGaming industry among business owners and users. Sports betting and the online casino industry became the mainstream of the iGaming industry. As discussed above these industries increased the market share of the iGaming industry over the past few years. To build your own business in the sports betting and online casino industry, you need to try the services of well-known providers and offer the latest trends to users with huge profits in the market.

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At Least $150M Up For Grabs In GGPoker’s WSOP Winter Circuit

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GGPoker today announces the latest iteration of the WSOP Winter Circuit online tournament series, which runs from December 4 through January 9. With at least $150,000,000 in prizes to be won, this year’s WSOP Winter Circuit is the richest yet.

As in previous years, the tournament series is headlined by 18 ring events, each awarding the winning player both a coveted WSOP Gold Ring and the lion’s share of the prize money. The series is further comprised of a full schedule of side events and satellite tournaments.

The series highlights include:

 

  • #18 $1,700 WSOP Winter Circuit MAIN EVENT – Final Day on January 9 – $10,000,000 GTD

  • #1 BIG 50 Bounty MILLION$ Kick-Off – Final Stage on December 5 – $1,000,000 GTD

  • #2 $10,300 Super MILLION$ High Rollers NLH – Day 2 on December 5 – $5,000,000 GTD

  • #6 $1,500 Merry MILLIONAIRE MAKER NLH – Final Day on December 12 – $1M for 1st place winner – $5,000,000 GTD

  • #15 $210 New Year’s MYSTERY BOUNTY – Final Stage on January 2 – $250K top bounty – $2,023,000 GTD

 

All WSOP Winter Circuit ring event winners will receive an exclusive invitation to the WSOP Million Dollar Freeroll in Las Vegas in 2023. The winner of the $1,700 Main Event will also be invited to join GGPoker’s Team Champions, alongside previous main event winners.

“As always, just as winter starts cooling things down, GGPoker heats the poker world back up again with the blazing excitement of the WSOP Winter Circuit,” said Daniel Negreanu, GGPoker Global Ambassador. “There’s more to be won than ever before, along with WSOP gold and tournament glory – it’s time to take a seat and claim your ring!”

New GGPoker players are eligible to claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

To learn more about WSOP Winter Circuit, please visit: https://en.ggpoker.com/tournaments/wsop-winter-circuit-2022/

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Azerion – H1/2022 highlights

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Azerion is scheduled to host its first Strategy Deep Dive and release its Q3 2022 results announcement on Wednesday 30 November 2022 at 8:00 CEST (7:00 BST), therefore they wanted to use this opportunity to look back and reflect on all the amazing projects we’ve accomplished over the last few months.

Mergers & Acquisitions
For the second half of the year, Azerion has been growing its portfolio as well as its global footprint with a number of acquisitions as a complement to its organic growth. They’ve brought together a great diversity of offerings and capabilities to one global powerhouse, creating a new world of opportunities for us.

As a leading digital entertainment and media company, they are reaching more people in more ways. Azerion is adding value to our audiences and increasing access to their advertising and digital publishers around the world. For example, they now have new innovative formats added to our proprietary portfolio of ad formats, thanks to Vlyby (video advertising), Targetspot (audio advertising), Madvertise (mobile formats), and AdPlay (digital out-of-home advertising). They strengthened their direct sales to advertisers with [M]Media in the Netherlands and TakeRate in Italy). Lastly, they’ve optimized services to advertisers and publishers along with Hybrid Theory (campaign performance management) and AdPlay (publisher monetization services).

Azerion is expanding our geographic footprint – in Europe, the UK, US, and APAC region – to become faster and more competitive. From these acquisitions they are launching new products, expanding our investments in digital advertising, and vigorously building our offerings to keep growing for many years to come.

Partnerships & Collaborations
Azeion’s partnership announcements are always pretty big news. During the second half of the year, they extended their partnership with Ajax eSports, partnered with Cool Cats to increase the utility of NFT’s within Habbo, and added a large selection of games to GameDistribution with Gameloft and Ubisoft Nano.


Platform
They were once again voted the best Digital Media Owner in the Autumn Award surveyed by the Institute of Practitioners in Advertising in the UK. Also, they had won the Spring award in May and this time they achieved the highest score in the history of the survey. This is a great recognition of their integrated value proposition to advertisers.

In November, they also announced the results of their brand survey on attention measurement, revealing that their digital advertising formats drive up to 20x higher attention compared to standard formats.


Premium Games
They had a lot of exciting advancements regarding their premium games lately, specifically in Habbo and Hotel Hideaway! Most notably, they’ve partnered with ITV studios, with Love Island opening a virtual villa in Hotel Hideaway to create social experiences and opportunities for brands and players. The branded room attracted 3 million visits in 30 days with 46,000 daily visitors on average, spending an average of 52 mins in total over the period.

In August, Habbo launched its new app, available for Android. Not long after that, Habbo followed with the launch of its new Habbo iOS app. Android and iOS users can now have a much smoother, fully-fledged cross-play experience in Habbo.

Another big win for Azerion was to be crowned the winner in the “Top European Metaverse Platform” at the first annual European Metaverse Summit & Awards 2022. These awards are just this beginning, and they promise that there are many more milestones to follow!

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Rhys Hamilton Joins SOFTSWISS as Head of VIP Player Support

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Rhys Hamilton Joins SOFTSWISS as Head of VIP Player Support
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SOFTSWISS is delighted to announce that Rhys Hamilton has joined the company as Head of VIP at Managed Services. In this role, Rhys will be responsible for reinforcing the VIP service with cutting-edge analytics and unique segmentation to drive VIP value and retention and maximise revenue growth.

As a customer-centric iGaming expert, at SOFTSWISS Rhys Hamilton will apply his vast knowledge and profound industry experience to empower the VIP Player Support team. 

Rhys brings over 18+ years of expertise across multiple roles in iGaming companies. Before joining SOFTSWISS, Mr Hamilton worked as Head of Casino at League of Entertainment, and Head of VIP at Casumo and Hero Gaming.  

I am really excited to bring the heat to SOFTSWISS at a time when the growth of the company is rocketing. Taking the lead of the VIP team, I look forward to developing a winning combination of Gold Star service for VIPs in a responsible and sustainable way”, ​​Rhys Hamilton, Head of VIP at SOFTSWISS, comments on his new role. 

“We are confident that the extensive expertise of Rhys will boost SOFTSWISS’ service level in working with the VIP sector and make our communication more personalised. In addition, we’re going to deep dive into VIP analytics and, as a result, increase the VIP segment’s revenue”, says Anastasia Vyshinskaia, Head of SOFTSWISS Managed Services. 

Having moved from Gibraltar, Rhys Hamilton joined SOFTSWISS’ office in Malta. Now the company is focused on expanding its presence in the island nation, well-known as an iGaming hub, and is looking for iGaming specialists to strengthen the team. 

About SOFTSWISS 

SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts 1,500+ employees, is based in Malta, Poland, Georgia, and Belarus.  SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.

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