SOFTSWISS Celebrates Success at 2023 iGaming IDOL Awards

softswiss-becomes-igaming-brand-idol-2023SOFTSWISS, the international supplier of software and content for online casinos and sports betting websites, has announced that the company has achieved great success at iGaming IDOL Awards 2023, an annual industry event that celebrates the best performers in the realm of online gambling.

At this year’s event, SOFTSWISS was designated Brand IDOL of the Year, an award that the company says represents “a significant milestone” in its history. The award recognizes the success of the brand awareness campaigns launched by SOFTSWISS over the past year, including “Bringing the Heat,” “Make Your Business a Classic” and “Grab Success.”

SOFTSWISS acknowledged that it has tried to develop “creative and eye-catching” marketing campaigns in order to expand its business throughout the European continent but also in Latin America and Asia.

Not The First Award

Valentina Bagniya, Chief Marketing Officer at SOFTSWISS, declared herself “truly honored to stand among the industry’s best and brightest at the esteemed iGaming IDOL.” The SOFTSWISS executive added that the award represents “a testament to the collective passion and dedication” shown by the company’s team.

The SOFTSWISS Chief Marketing Officer also added that the award will further motivate the company to seek to understand what the customers need and then create “top-tier products” by putting their creativity to use.

SOFTSWISS has already secured two other awards for its marketing efforts this year: EGR Marketing and Innovation Awards and Best Marketing Campaign at EiGE Awards. The addition of the Brand IDOL of the Year award further recognizes the prowess of the company’s marketing campaigns.

A Powerful Company

SOFTSWISS was a pioneer in the iGaming industry as in 2013 it was the first supplier to launch a Bitcoin-optimized online casino solution. Since then the company has grown significantly, becoming a respected international provider of software solutions for managing gambling operations.

The company now has a team of over 1,700 employees which are working in offices located in Malta, Poland, Georgia, Bulgaria and Belarus. The supplier has gained several gaming licenses and provides complete iGaming software solutions.

The product portfolio currently offered by SOFTSWISS includes the Online Casino Platform, the Game Aggregator which comprises thousands of online casino games, the affiliate platform named “Affilka”, the turnkey Sportsbook Platform and the Jackpot Aggregator.

Source: “SOFTSWISS Becomes iGaming Brand IDOL 2023“. SOFTSWISS. December 1, 2023.

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Are Slots Still As Popular As Before? Complete Analysis By SOFTSWISS

In an analysis of which online game suppliers have become the most successful in recent times and which games are the most popular, SOFTSWISS, a leading crypto gambling provider based in Malta, was kind enough to offer all-inclusive ecosystem of end-to-end software solutions and share important insights into the regional markets. Additionally, the analysis below is introduced according to data from the SOFTSWISS Game Aggregator covering H222 and H123.

Europe

are-slots-losing-popularitySlots stay famous in Europe, although they lost almost 5 p.p. throughout the second half of 2022 and the first half of 2023. However, regardless, their market share still surpasses 80% when looking at the other games. Contrary to this, the card games category enhanced its position by nearly 4 p.p.

Furthermore, the best 5 most famous game categories went through little changes in the second quarter of this year. The total wagers amount in the craps games category saw a slight growth, increasing 2.7 times compared to the former quarter. This increase in performance was ranked a number 5 for this type of game when looking at the best rankings, replacing the casual games category.

As for the most famous games throughout 2022, there are Midas Golden Touch, Big Bamboo and Gates of Olympus. Relatedly, the environment of the best games showed important quarter-to-quarter variations.

And finally, the most famous game suppliers for Europe are Amusnet (EGT), Evolution, Relax Gaming, Amatic, BGaming, Push Gaming and Pragmatic Play. However, their ranking had subtle quarter-to-quarter changes.

Asia

As for Asia, the best 5 most famous game categories have shown a steady trend since the last quarter of last year. Slots occupy an important position and their market share surpasses 80% in relation to other categories. Regarding most famous games, Gates of Olympus held the top spot in the fourth quarter of last year and has managed to maintain that position ever since. However, there’s another famous game, Bonanza Billion, which has seen fluctuations in its rankings within the top five, which started from the end of 2022. The total wagering amount of Aviator doubled throughout the first half of 2023, making the game the leader. Contrary to this, the once famous game, Hot Fruits is no longer a top game and lost its popularity throughout the second quarter of 2023.

Furthermore, when it comes to the most famous game suppliers in Asia, it needs to be pointed out that Pragmatic Play, BGaming and Evolution have been fighting relentlessly for positions among the top five during the last 4 quarters under consideration. Amatic and Play’n GO gave up their positions in the rankings to Amusnet (EGT) and 1spin4win and Amusnet topped the list in the second quarter of this year.

In this regard, the Head of SOFTSWISS Game Aggregator, Tatyana Kaminskaya, said: “The popularity of the Aviator game can be explained by simple interface and fast payouts. What sets it apart even further is its distinctive gameplay mechanics, which significantly differ from other crush games in the market. Notably, Aviator provides players with the illusion of “control” over the game, adding an extra level of excitement and intrigue.”

LaTAM

As for Latin America, the best 5 of the most famous game categories have stayed the same as last year, with slots leading the way with a 60% market share. Among the most famous games in the top five are: Roleta Brasileiri – 8.27%, Aviator – 5.97%, Gates of Olympus – 5.24%, Sweet Bonanza – 3.44% and Crazy Time – 3.14%.

Also, Aviator jumped to the top in the fourth quarter of 2022, meaning that it saw an important growth in the total wagers amount, almost 170 million more, compared to the former quarter. This achievement moved its supplier, Spribe, from 10th place in third quarter of last year to the fourth in the second quarter of this year, eliminating Play’n GO from the top five. Other suppliers, notably BGaming, Evolution, Playtech and Pragmatic Play stayed in the top five with slight change when it came to their rankings during 2022.

Moreover, the best 5 most famous games account for nearly25% of the total wagers amount across every game in Latin America. However, in Asia and Europe, it accounts for nearly 10%. Also, one more significant market trend is the bypassing of roulette slots, and the rising demand for live games.

On that note, Regional Business Development Manager at SOFTSWISS in LatAm, Carla Dualid, said: “Players in Latin America in the context of online gambling may differ from players in Europe in several ways. Most Latin American players bet through mobile devices and prefer online play. Local casino slot players tend to place small but regular bets, which distinguishes them from European online casino players, who, in turn, bet less frequently, but wager larger sums on slots. Speaking about the LatAm market, we should keep in mind that Brazil is the most active player in it. Such factors as economic potential, increasing Internet penetration, mobile accessibility, and regulatory changes are making the Brazilian market more attractive for operators.”

Source: “Are slots losing popularity”. European Gaming. October 3, 2023

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SOFTSWISS Identifies 54 Key Performance Indicators for Online Casinos and Sportsbooks

softswiss-shares-54-vital-kpis-for-online-casinos-and-sportsbooksSOFTSWISS, the well-known provider of software and content for online casinos and sports betting websites, has put its experts to work and they came up with a comprehensive list of key performance indicators (KPI) that they consider vital for any iGaming business.

The list is available inside a guide that can be downloaded for free from the SOFTSWISS website. The document is supposed to help increase understanding of the most important key performance indicators in iGaming.

The content available in this guide is divided into four distinct parts:

  • The Financial Metrics section focuses not only on well-known indicators such as Gross Gaming Revenue and Net Gaming Revenue, but also on some less used but equally important metrics such as Average Revenue Per User, Conversion Rate and Customer Acquisition Cost.
  • The Player Engagement Metrics chapter underlines the importance of engagement indicators such as Active Players, Depositing Players Count and Total Deposits Sum.
  • The next section is the Operational Metrics one, and it goes into strategies related to player acquisition and retention, focusing mainly on these indicators’ role in major sporting events.
  • Last but not least, the Analytical Tools and Trends section goes into the correct usage of real-time dashboards and data warehouses, along with the increasing importance of Artificial Intelligence and Machine Learning.

Developing In The Most Efficient Way

The list of 54 key performance indicators includes a brief definition of each item, along with formula, type and keynote regarding its impact on the business. If we take the example of Net Gaming Revenue, it is described as a top-level key performance indicator, which can provide a clear snapshot of the respective online casino’s financial health.

The close monitoring of this metric allows operators to have a clear evaluation of their operational efficiency and also to make informed decisions regarding the optimization of their operations or about expansion plans.

Speaking about the launch of this guide, Max Trafimovic, Chief Commercial Officer at SOFTSWISS, explained that the company is trying to help online casino and sportsbook operators to “develop their businesses in the most efficient way.”

The SOFTSWISS executive also added that if online casino and sportsbook operators manage to align key performance indicators with business goals, then they “can develop a robust and adaptable strategy that sets them apart in the highly-competitive iGaming landscape.”

This is not the first iGaming guide that SOFTSWISS releases, the company has recently published a comprehensive market report called ‘iGaming in Brazil’. This exclusive report gives people in the industry a clear overview of the Brazilian iGaming scene, a vital tool for companies that might want to launch an online casino or a sportsbook in the respective region.

Source: “SOFTSWISS Shares 54 Vital KPIs for Online Casinos and Sportsbooks“. SOFTSWISS. September 22, 2023.

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Softswiss Game Aggregator Generated €10bn in Total Bets in July

An important part of the renowned Softswiss ecosystem, a game content hub called the Softswiss Game Aggregator, is becoming more and more strong and slowly taking the position of the ultimate market leader.

Huge increase in revenue

All the aggregator’s projects were successful in July, and the revenue is here to show it: last month, the company earned more than €10 billion in total bets, which was a significant milestone for the company.

This is a huge accomplishment for Softswiss – not only does it show the impact it has on the gaming industry all around the world, but it also points out the strength of the company, which has more than 770 partners in its vast network in all corners of the world. The aggregator isn’t so old – it started its journey in October 2015, and since then, it has established itself as the premier platform in the global gaming market. Its partner network was a great help on that journey.

Innovative tools and ever-growing product portfolio

Kantar Ukraine recently conducted research on behalf of the company among the operators, and the survey resulted in great news for the brand: most of the operators were very satisfied with the collaboration and products so far.

According to the survey results, the satisfaction rating was high – even 8.3 points out of 10 possible. Even more significant is the fact that more than half of the operators, even 51%, rated Softswiss Game Aggregator with 10. Compared to the previous year, that number improved by 14%.

Andrey Starovoitov, co-CEO at Softswiss, said: “The Softswiss Game Aggregator’s achievement of exceeding €10bn in total bets in July serves as an awe-inspiring testament to our team’s dedication and vision. This remarkable milestone reaffirms our unwavering commitment to progress and our ability to deliver a valuable product to esteemed partners. The Softswis’s steadfast commitment to excellence and relentless pursuit of innovation continue to drive our mission, advancing the iGaming industry through our cutting-edge solutions.”

Among the innovations Softswiss has introduced in the recent period is advanced local server infrastructure in LatAm. The product will help in optimizing the connection stability and ensure rapid data transfer.

Additionally, the company updated its famous Tournament Tool with the “Only Real Money” setting as its main addition. The tool is a great help to operators, enabling them to calculate the tournament results more accurately by including only real-money bets and wins, which will ensure that the players generate more profit for the companies.

Source: Piggot, Rachel. “Softswiss Game Aggregator hits €10bn in monthly total bets”iGaming Business. August 23, 2023.

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