SoftSwiss doubled normal gross gaming revenue in 2021

The SOFTSWISS Sport Aggregator expanded its worldwide footprint in 2021 by moving into the marketplaces of Japan, Brazil, Argentina, India, and Tunisia, accounting for considerably of the growth of the enterprise which saw economic outcomes much more than double around 2020 figures.

When land-dependent gaming revenues present a skewed picture owing to lowered or non-existent footfall in the course of the height of the pandemic lockdowns, 12 months-on-calendar year progress in the on the internet sector signifies the likely for sustained development for operators that can retain new clients.

Tatyana Kaminskaya, Head of Sport Aggregator Office at SOFTSWISS stated: “The popular development is that for the duration of the extensive lockdown in 2020 and the continuing pandemic in 2021, folks have been forced to expend a good deal of time at residence, such as at the laptop or computer. Isolation and lowered social activity have motivated a rise in demand for online amusement.

“We can see this in the regular raise in the variety of bets through the 12 months. Observing this pattern, we tried to supply our customers with the most various information to preserve the viewers intrigued and engaged. I can say with self confidence that we have succeeded.

Activity aggregation is the approach of compiling slots and other titles from several developers and providing the video games to operators by means of a solitary application system interface or API, normally known as a module. The evolution of that programming alongside with a newer HTML5 markup language for world wide web browsers built quick-perform gaming on all devices feasible. In the previous, punters essential to download a desktop shopper for each casino and individuals offers only contained material from a solitary developer these as Microgaming or Playtech.

Average Month to month GGR More Than Doubled

The company’s regular GGR (gross gaming revenues) averaged 200m EUR in 2021 as opposed to just 88m in 2020. The sum bet each individual thirty day period over the last 12 months was a lot more than 5b EUR in contrast to 2.2b the previous calendar year for an maximize in Typical Regular GGR of 130%.

SOFTSWISS COO, Andrey Starovoitov added: “These figures are the pure result of the perform accomplished about the previous yr by the SOFTSWISS Workforce on bringing in new consumers and associates. Given that January we have extra than doubled in dimensions: 500+ industry experts have joined SOFTSWISS, which could not aid but impact our finish-of-year success. We’re building the ideal methods from the iGaming field each working day to assistance our partners establish profitable enterprises. I am incredibly joyful with the success reached and hope even much more results in the new 12 months!

SOFTSWISS pioneered the crypto casino but now processes fiat currencies as nicely. As the business comes all over to its core strengths, the share of cryptocurrency bets doubled about the very last yr from 20% of full stake to 40%.

Bitcoin is the ideal recognized and most employed cryptocurrency and was the fifth most utilized forex with the aggregator’s game titles this year. In excess of 80% of crypto deposits were in BTC with about 1/10 of that by way of Ethereum (ETH 8%) and fifty percent again as a result of Litecoin deposits (LTC 3.9%).

New Casinos and New Video games

Sixty new casinos launched the aggregator platform this year, an average of 5 each and every month. More than 20 sport developers and suppliers signed onto the service as properly giving the aggregator material from much more than 170 labs and studios.

Growth in this region also expanded the whole sport catalog to practically 12,000 individual titles with more than 3,000 of them obtaining the person interface optimized for cryptocurrency perform.

In early 2018 the Aggregator and system supplier spun its in-house activity studios off into a wholly-owned subsidiary dubbed BGaming (see below). One of its creations, Elvis Frog in Vegas, clocked in on the variety four location for the most well known video games of the year adopted by Evolution’s Lightning Roulette in fifth put.

The prime a few games across the full network in 2021 ended up as follows:

Sweet Bonanza (see the review listed here) (Pragmatic Perform)
Guide of Dead (see the evaluation) (Play’n Go)
Fire in the Hole xBomb (see the review listed here) (Nolimit Metropolis)

Supply: SOFTSWISS Recreation Aggregator Can take Stock of 2021, SoftSwiss News, December 28, 2021