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Turbomates Soft Reveals Insights on the Future of Online Casino Software

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Turbomates Soft, a gambling software provider, has recently conducted an in-depth study on the future of online casino software. The company sought to identify the emerging trends and features that will shape the industry in the coming years. The results of this comprehensive research have been published in a blog post titled “The Future of Online Casino Software” on the Turbomates Soft website.

Drawing from the expertise of 92 online casino industry professionals, Turbomates Soft’s research sheds light on the key directions for online casino development. The survey explored the preferences and expectations of experts, allowing for a comprehensive analysis of the industry’s future trajectory.

The study identified several significant trends that are set to redefine the online casino experience. Virtual and augmented reality emerged as a highly anticipated feature, with 33% of experts recognizing its potential. By leveraging VR/AR technology, online casinos can offer a truly immersive gambling experience that surpasses traditional online gaming, providing players with realistic virtual environments, interactive elements, and social multiplayer interactions.

Social gaming features also proved to be popular among experts, with 28% acknowledging their importance. These features foster social interaction among players, enabling them to connect, chat, and engage in friendly competition, mirroring the social experience of brick-and-mortar casinos. This aspect enhances player engagement and cultivates a sense of community within the online casino environment.

The research also highlighted the growing significance of cryptocurrency and blockchain technology, which received recognition from 26% of experts. The utilization of cryptocurrencies and blockchain in online casinos offers enhanced security, privacy, speed, cost-effectiveness, accessibility, and transparency. As players become more aware of these advantages, the adoption of cryptocurrency and blockchain technology in the online casino industry is expected to see significant growth.

Live dealer games, replicating the social aspect of land-based casinos, were also recognized by 13% of experts as an emerging trend. These games allow players to interact with real human dealers, observe the physical cards being dealt or the roulette wheel being spun, and engage in real-time conversations. The combination of an authentic casino experience, real-time interaction, and game variety provides a compelling alternative to traditional online casino games.

“We are thrilled to present the insights gathered from our extensive research on the future of online casino software,” said Valentina Dubovets, Marketing Manager at Turbomates Soft. “The feedback and expertise of the industry’s top professionals have allowed us to gain valuable insights into the direction of the industry and the features that will shape the online casino experience. We are committed to implementing these findings into our future product developments and providing players with cutting-edge solutions that deliver an immersive and rewarding gaming experience.”

Turbomates Soft expresses its gratitude to all the experts who participated in the research, recognizing their valuable contribution to shaping the future of online casino software. By understanding industry trends and leveraging innovative technologies, Turbomates Soft aims to remain at the forefront of the online casino industry, delivering exceptional gaming solutions.

For more information about the study and to explore the full report on the future of online casino software, please visit the Turbomates Soft blog.

Industry News

SKS365 keeps investing in people: GROW People Management Program took the next level

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11 experienced people managers from the SKS365 group’s 4 locations gathered last week in Belgrade for the new GROW People Management Program. From 15 th to 19 th of April, through trainings, discussions, and social connections, people had the opportunity to further grow individually and as a team, while enjoying Belgrade’s city center and rivers.

Created in 2023 with the purpose of building foundation people management skills across the organization, GROW initiative evolved this year by including a new, advanced program for experienced people managers to further consolidate their skills and prepare for future opportunities.

Building and fostering connections, sharing experiences, and enjoying team building experiences – all these activities have been part of the GROWpmp agenda for the 11 people managers coming from Commercial, Product and Development, Finance, and Sportsbook departments of the group’s 4 locations – Malta, Italy, Austria, Serbia.

GROWpmp included a variety of topics that people managers in SKS365 recognized as the key areas for management development. Topics such as influence through communication, team effectiveness, DEI, through to presentation skills and business topics like understanding finance and management reporting, were delivered with the support of external professionals and internal experts, while designed and organized by the SKS365 People & Culture team.

 

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Industry News

Kindred’s Share of Revenue from High-risk Players Shows Slight Increase

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Kindred Group plc’s (Kindred) share of revenue from high-risk players showed a slight increase to 3.2% (Q4 2023 3.1%) in the first quarter of 2024. Compared to the first quarter of 2023, the high-risk revenue share decreased marginally. The percentage of detected customers who exhibited improved behaviour after interventions came in at 87.1% (compared to 87.4% in Q4 2023 and 83.0% in Q1 2023). This sustained trajectory in the improvement effect after interventions, observed over an extended period, serves as a testament to the strong dedication and collective efforts throughout the company. It reflects Kindred’s ongoing commitment to fostering positive change within the industry.

“We continue to see our share of revenue from high-risk players fluctuate quarter to quarter, and we are working closely with all teams across the company to support customers towards a more sustainable gambling experience. However, it is encouraging to see that our Journey towards Zero data has steadily decreased since 2020. A similar trend can be seen across the healthier gambling behaviour effect after interventions. This tells us two things: our work is paying off, but we need to continue to push ourselves to propel a sustainable progression,” Alexander Westrell, Director of Communications at Kindred Group, said.

“It was very encouraging to witness the open and transparent discussions at the Sustainable Gambling Conference in London on 20 March, where those with lived experience shared their important stories. Also, it is evident that technology is moving forward, and will provide greater opportunities to detect and intervene in the future. We hope to see more regulators engage with the industry and with experts to secure a more sustainable industry for everyone,” Alexander Westrell added.

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PENN Entertainment Names Aaron LaBerge as Chief Technology Officer

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PENN Entertainment announced that Aaron LaBerge has been named Chief Technology Officer (CTO) effective July 1, 2024, subject to customary regulatory approvals. Mr. LaBerge will report directly to PENN CEO & President Jay Snowden.

In his new role, Mr. LaBerge will be responsible for driving the technology strategy and execution for PENN, while leading the multinational team of technologists and serving as the key business leader for the company’s Interactive division.

Mr. LaBerge spent more than 20 years at The Walt Disney Company, in two stints separated by five and a half years as a technology entrepreneur. He was most recently President & Chief Technology Officer for Disney Entertainment and ESPN where he was responsible for driving all technology and product development in support of The Walt Disney Company’s two media divisions. In that role, he helped set the vision and strategic leadership for how Disney uses technology to enable storytelling and innovation, drive its business, and create unparalleled consumer experiences with entertainment and sports content.

“We are thrilled to have someone of Aaron’s caliber join our PENN executive team. Having overseen a global organization of thousands of engineers, product developers, designers, technologists, and data scientists that created some of the largest scale and most successful media properties in the world, there is no better candidate to lead our Technology and Interactive division into its future. I know Aaron is looking forward to working with Todd George, our head of operations, and our entire Executive Team to continue growing our position as a leader in online gaming, sports betting, and digital sports media,” Mr. Snowden said.

“I’m excited to join another talented team at PENN Interactive and lead our technology strategy. PENN Entertainment is at the forefront of the fast-changing gaming and sports media industry. I plan to use my experience from Disney and ESPN to help make ESPN BET an essential piece of the sports fan experience. Together, we’ll push the limits and redefine how fans interact with sports and gaming,” Mr. LaBerge said.

Prior to his most recent role at the Walt Disney Company, Mr. LaBerge was Executive Vice President and Chief Technology Officer at ESPN from 2015 to 2018. At ESPN he played an instrumental role in the growth of ESPN’s consumer-facing digital media products and services – leading many of ESPN’s most ambitious and challenging projects and helping establish ESPN’s position as the leader in digital sports and innovative sports technology development. He was a key architect in the design, development, and engineering of ESPN’s state-of-the-art facilities in Bristol, CT; Los Angeles, CA; Charlotte, NC; and Austin, TX, as well as data centers and infrastructure that connect those facilities around the world, as well as the technology design and development to support the launch of the multi-platform SEC Network.

Between 2007 and 2012, LaBerge was co-founder and CEO of Fanzter, Inc. – a venture-funded consumer software and digital product development company. At Fanzter, he directed all day-to-day operations and led the development and launch of a variety of consumer-focused internet and mobile products, ground-breaking social and commerce technologies and more.

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