Soft2Bet Announces Its Plans for 2023

After successful 2023, Soft2Bet is looking forward to ways to further expand its business in 2024.

Gamification and interesting tools

soft2bet-shares-2023-results-and-predicts-biggest-igaming-trends-for-2024-The company’s popular gamification features, which are already advanced and customized to fulfill the partners’ needs, will be further expanded and tailored to suit the players in different regulated markets.

‍Gamification is a term related to social and casual gaming and it has become very important in the industry. Currently, it is used to express upgrading the engagement and gameplay, as well as the overall gaming experience.

Soft2Bet uses gamification to incorporate social engagement and gameplay tools into its content. The company created an advanced gamification engine, Soft2Bet Motivational Engineering Gaming Application (MEGA) to fulfill the wishes of the players in different markets.

So far, MEGA had great success, and the financial and product-performance results have been a blast. However, the company plans to further expand its app.

Yoel Zuckerberg, Chief Product Officer at Soft2Bet, said: “In practice, this translates into our tech, development, marketing or CRM teams spending many man-hours integrating all those elements into our products’ gameplay. This has meant hours of painstaking technical work developing a fully integrated solution that is seamless, secure, tailored, and geo-targeted to players’ habits and preferences. This work is paying off and has enabled Soft2Bet to grow faster than ever in 2023.”

Mobile gaming and incorporation of AI technologies

However, the company plans to focus more on the online gambling market, which is estimated to earn more than $150 billion by the end of the decade. Currently, about 70% of all online betting revenue is earned through mobile apps, so the company plans to further upgrade its features and offer players new, customized, and unique mobile gaming experience.

However, in the era of various AI technologies, it’s important not to forget about them. Soft2Bet will continue to look for different ways to incorporate advanced AI solutions into its offering, especially in the field of data analytics, which will help in upgrading the player experience and tailor the offering to suit the players.

Also, player behavior analytics is one of the most important things to consider in the next year.

Responsible gaming remains in the spotlight in 2024, as always. In the next year, it is estimated that the industry will figure out new tools and solutions and come up with new, innovative ideas for keeping gaming safe and secure for all.

Soft2Bet prepared a lot more new content for 2024, including the fantastic City Builder features for the players who enjoy casinos, as well as Sports Stadiums for sports betting fans.

Martin Collins, CBDO at Soft2Bet, commented: “For 2024, we look forward to furthering our innovation and motivational engineering offerings while expanding our reach across the globe. The next year will be a pivotal one both for our company and the iGaming industry more broadly. We focused on driving these exciting new trends as we continue to disrupt and drive the industry forward.”

Source: “Soft2Bet Shares 2023 Results and Predicts Biggest iGaming Trends for 2024”. Soft2Bet. December 22, 2023.

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Soft2Bet Reveals Focus on Gamification Features

soft2bet.Soft2Bet, the powerful international supplier of platforms for online casinos and sports betting websites, has decided to detail its strategy regarding gamification features as a key component of the iGaming industry.

Yoel Zuckerberg, Chief Product Officer at Soft2Bet, described gamification as “more than a “nice-to-have” item for iGaming companies, the executive explained that gamification “drives substantial revenues and enables iGaming companies to keep up with technological advances.”

Soft2Bet, a company that also owns and operates ten different online gaming and betting brands, revealed that gamification has been a priority for them “from day one.” The company calls it “Motivational Engineering” and explains that technology is a key component which drives growth in the iGaming industry.

The supplier also revealed that legacy platforms which lack innovation could cause the industry to fall behind. To prove its claims, Soft2Bet gave the example of Betinia, its own brand that operates in Denmark and Sweden, two very competitive markets that also require strong regulatory compliance.

During the past twelve months Betinia recorded an increase in gross gaming revenue of 65 percent when compared to non-gamified brands. Moreover, the features adoption rate was 60 percent, demonstrating a strong engagement from players.

Soft2Bet also revealed that almost half of the players who engaged with the gamification features ended up depositing bigger amounts of money and also deposited with a frequency that was 30 percent higher.

Other key metrics also revealed improvements: average revenue per user went up by 70 percent for half of those who engaged with the gamification features, while the gross gaming revenue increased by more than 60 percent compared to those who did not engage with the features.

Fully Integrated

Soft2Bet made sure it integrated the Motivational Engineering technology fully in its Player Account Management system, delivering an easy to use and comprehensive gamification solution for its online casino operator partners.

The integration with their online casino platform is seamless, making the features easy to deploy from the back office. The platform also comes with gaming content created by a dedicated games studio, a payment gateway and solutions that are tailored both for online casino operators and retail venues.

Soft2Bet has received plenty of awards as recognition for their innovative work in the past. The company was awarded Best Online Product of the Year at MIGEA Awards 2021, Online Casino Provider of the Year and Platform of the Year at Sigma Awards, White Label Supplier of the Year at SBC Awards 2021, Workplace of the Year at Sigma Americas Awards, Highly Commended at EGR Nordics Awards 2022, and also the White Label Supplier of the Year at Starlet Awards.

Source: “Soft2Bet’s gamification features combine innovation with modern technology“. European Gaming. November 9, 2023.

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