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How to Attract New Users to Your iGaming Product

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Author: Anna Zhukova, Team Lead (iGaming) at Famesters 

 

Acquiring new users to the iGaming platform, either online casino, betting platform, sweepstakes, lottery or any other product has always been challenging, because the market is incredibly demanding and competitive. And it’s skyrocketing: world gambling statistics show that around 26% of the population gamble. That means around 1.6 billion people worldwide gamble and 4.2 billion gamble at least once every year. Impressive, right?

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This is why iGaming brands constantly test new communication channels to acquire new users. And they want these channels to bring real and measurable performance.

According to the BuzzGuru research, 80% of marketers find influencer marketing effective.

 

Influencer marketing is still considered to be a quite young, but the performance it brings for brands (especially in the iGaming vertical) is tremendous. In this article, we will delve into the strategic use of influencer marketing to drive growth for iGaming products.

Understanding the iGaming Audience

Understanding the target audience is one of the essential things for every business. The potential users for iGaming products are incredibly diverse, spanning various age groups, genders, and geographic locations; and are multifaceted: from avid gamers seeking immersive experiences to casual players looking for a quick thrill.

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For example, as for betting, men make up about 90% of the audience, but lately, more and more women are becoming interested in this activity. Both men and women tend to bet the most between the ages of 22 and 35: at this age, people start earning their own money and are more likely to make thoughtful bets, treating them as investments.

In general, iGaming brands primarily target solvent adult males, aged 18-45. The content that is used to reach out to this audience primarily revolves around male interests as sports, entertainment, lifestyle, gaming. So tailoring strategies to cater to these preferences is key to attract and resonate with your target audience.

The Power of Influencer Marketing in iGaming

Attracting new audiences to iGaming products is not so easy as it seems to be: one-size-fits-all approaches fall short in this niche. In a world where attention is a commodity, influencer marketing offers a way to captivate the hearts and minds of potential users. Why? It’s simple. The answer lies in the deep trust and connection that influencers cultivate with their followers: 92% of consumers trust influencers’ recommendations.

Through influencer partnerships, you gain access to a network of individuals who have already demonstrated an interest in iGaming, thereby significantly boosting the chances of attracting new users. Besides, active social media users are the ones who are keen to earn while playing.

9 out of 10 iGaming brands leverage influencers to expand their audiences and get new deposits. One notable example here is 1xBET with its enormous budgets for influencer marketing. According to BuzzGuru analytics, annual influencer marketing expenses are estimated up to 3.71 M.

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Crafting an Effective Influencer Strategy

Creating an effective influencer strategy for your iGaming product involves a strategic blend of art and science. The process begins with identifying the right influencers who align seamlessly with your brand’s values, niche, and target audience. Seek influencers who are genuinely passionate about iGaming and resonate with the preferences and behaviors of your potential users. Look beyond follower counts; prioritize engagement rates, content quality, and the influencer’s ability to connect authentically with their audience.

Once you’ve identified potential influencers, the next step is negotiating partnerships and compensation structures. Keep in mind that influencers invest time, effort, and their personal brand into the collaboration. Approach negotiations with transparency and fairness.

Compensation can vary and may include monetary payment, product offerings, affiliate partnerships, or a combination thereof. An advice here is not to provide prepayment, pay after the integration is released. Additionally, ensure that both parties have aligned expectations regarding deliverables and timelines. A carefully crafted influencer brief will help in this regard.

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Remember, the key to a successful influencer strategy lies in building genuine relationships. Establish open communication and foster a collaborative environment where influencers feel valued and empowered to contribute their creative input. By aligning your brand’s objectives with the influencer’s authentic voice and creative approach, you’ll craft a partnership that resonates with their audience and drives user acquisition for your iGaming product.

 

Creating Compelling Campaigns

Creating captivating influencer campaigns in the iGaming industry requires a careful balance of creativity, authenticity, strategic messaging and native integration. Here are the tips that will help prepare a successful launch:

  1. Tip #1: Consider collaborating with those influencers who already performed well. Selecting creators to collaborate with is the most difficult step for many marketeers. And, at the same time, it is one of the most important. You can do research by yourself or use the list of trustworthy creators from YouTube and Twitch prepared by Famesters.
  2. Tip #2: Check influencers’ statistics twice. Creators often fake their statistics (especially in narrow niches) regarding their audience’s age and gender. Double-check it or even ask to make a video recording of their stats—it’s much harder to fake.
  3. Tip #3: Think about your ad message thoroughly. Develop creative concepts that align with both your brand and creators’ unique style, share your vision, but do not be very strict – let them do their job. Consider integrating gameplay demonstrations, challenges, or interactive elements that showcase the excitement and features of your iGaming product, give promo codes or provide other bonuses to additionally stimulate the audience.
  4. Tip #4: Authenticity is important. Highlight the advantages of your platform but make the message as clear and transparent as possible. Do not guarantee the win and never mislead. Instead, encourage influencers to share their personal experiences, opinions, and excitement about your iGaming product. Authenticity fosters trust, and when users perceive that the influencer truly enjoys and endorses the product, they’re more likely to engage it and explore your platform.
  5. Tip #5: Do not be afraid to rely on the opinions of influencers. They understand their audience best, so they can offer valuable insights and help make the advertisement more engaging and personalized.

 

Tracking and Measuring Success

 

In the iGaming industry, marketing campaigns typically focus on three crucial metrics: sign-ups, deposits, and, for sure, return on investment (ROI). However, measuring influencer marketing outcomes could be challenging compared to more straightforward methods, like Facebook ads.

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While we can rely on average conversion rates, influencer promotions often have the potential to go viral, delivering better-than-expected results.

Staying Ahead in the iGaming Landscape

The iGaming industry is a dynamic and ever-evolving landscape that demands constant adaptation and innovation due to the rapid shifts in user preferences. While influencer marketing can undoubtedly be a game-changer, maintaining a competitive edge requires a commitment to staying ahead of the curve.

Embracing Innovation: To stand out amidst the fierce competition, continuously seek innovative ways to engage potential users. Whether it’s introducing new game mechanics, incorporating virtual reality experiences, or hosting interactive events, innovation sparks curiosity and keeps your iGaming product fresh and exciting.

Navigating Emerging Trends: Trends and tactics are in constant flux. New platforms, content formats, and engagement strategies emerge regularly. And as an iGaming platform striving for consumers’ attention, staying updated with these trends is crucial. Monitor social media platforms where your target audience congregates, experiment with different integration formats, and adapt your influencer strategy to resonate with evolving preferences.

Crossing Over Boundaries: Consider cross-industry collaborations and partnerships. Integrating elements from adjacent entertainment sectors, such as e-sports or live streaming, can add a unique dimension to your iGaming product. These collaborations introduce your brand to new audiences while catering to the diverse interests of iGaming enthusiasts.

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Leveraging Data and Insights: Leverage data analytics to gain insights into user behavior, preferences, and engagement patterns. This information helps you tailor your influencer campaigns and refine your iGaming product to align with user desires. At Famesters, we use our own-developed AI BuzzGuru to create strategies based on data and analytics only. And constantly test. This approach helps get the highest possible performance.

In the fluid and competitive iGaming market, those who innovate and adapt are the ones who capture the attention of potential users and establish a lasting presence. By combining strategic influencer marketing with a commitment to innovation, you’re poised to excel in this dynamic landscape and forge a path to sustained success.

Galaxy Gaming

Galaxy Gaming Appoints Steve Kopjo as Chief Financial Officer

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Galaxy Gaming has appointed Steve Kopjo as the company’s new Chief Financial Officer. Amid an impressive career in the gaming industry, Kopjo joins Galaxy Gaming on May 28, bringing extensive experience from senior finance and accounting positions held at various publicly traded gaming companies. With a proven track record of success, Kopjo is set to assume a pivotal role on the Executive leadership team, steering Galaxy Gaming through its next phase of growth and evolution.

With over 15 years of experience in the gaming industry, Kopjo began his career at Ernst & Young as an auditor for casino operators, acquiring his CPA license. Kopjo developed an eclectic skillset in Technical Accounting, Investor Relations, Corporate Finance, and Mergers & Acquisitions through a series of roles with both operators and suppliers, including SHLF entertainment, Wynn Resorts, Play AGS, and most recently as Vice President of Finance at Everi Holdings. Kopjo was a key member of the Play AGS team that led the company’s successful IPO in 2018. At Everi Holdings since 2021, he managed debt restructuring, investor relations, FP&A, and board of director communications, and played a pivotal role in several successful mergers and acquisitions.

The appointment of Kopjo represents a significant move for Galaxy Gaming, as the Company looks to maintain its recent momentum while transitioning long-serving CFO, Harry Hagerty, to a Strategic Advisor role, from which he will continue to serve the company as a resource and contributor on strategic initiatives. Galaxy has been fortunate to have had Hagerty in the CFO role for the past seven years, during which he helped the company grow while negotiating the redemption of the founder and helping to weather the COVID-19 pandemic.

“We are thrilled to welcome Steve as the latest casino gaming expert to join our talented and ambitious Galaxy Gaming team. His experience, leadership, work ethic, and contagious energy will without a doubt contribute to our continued growth and success. While it is never easy to replace someone like Harry Hagerty, we are proud of how we have supported his transition from a full-time C-suite role and continue to leverage his valuable experience as a strategic advisor,” Matt Reback, President and CEO at Galaxy Gaming, said.

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“I’ve known Steve for years as a versatile finance professional with a history of navigating complex financial landscapes, executing successful merger and acquisition transactions, optimizing resource allocation through financial, planning and analysis, cultivating strong investor relationships, and ensuring precision in technical accounting. His skills and personality are a strong fit for Galaxy Gaming,” Reback added.

“I was honored to be considered and ultimately selected for this role by Galaxy Gaming. I am excited to join a company with such a respected board of directors, talented leadership team, and robust business foundation. I have watched Galaxy Gaming from afar and always believed it was poised for continued growth, further solidifying its leading position in the gaming industry. I can’t wait to join the team and support the commitment to strategic product innovation. I look forward to bringing my experience to bear as we explore ways to maximize shareholder value, ensuring Galaxy Gaming remains at the forefront of industry excellence,” Steve Kopjo said.

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Campaign for Fairer Gambling

Illinois Gambling Debate Marred By Dubious Claims

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Prominent gambling companies have been actively lobbying against Illinois Governor J.B. Pritzker proposal to increase the tax on legal sports betting and leaning on several questionable assertions ranging from unproven to untrue. The Campaign for Fairer Gambling (CFG) is an independent gambling reform group with deep knowledge of the gambling sector’s business practices, both in the UK and now in the US.

Closely monitoring gambling initiatives in states across the US, CFG has taken particular note of the current battle in Illinois, where Gov. Pritzker proposed a tax increase on legal sports betting from 15% to 35%. This measure is aggressively opposed by the Sports Betting Alliance (SBA), comprising Fanatics, Draft Kings, FanDuel (Flutter), and BetMGM (Entain).

SBA has lobbied against Gov. Pritzker’s proposed tax increase under the messaging banner “Why It Matters,” but has not substantiated its claims. SBA claims to have demonstrated public support for its agenda, but CFG believes signatures of support were collected under false pretenses.

“It’s no feat of strength to push a fantastical narrative, then collect signatures and proclaim a mandate. Global gambling conglomerates are expert at positioning sports betting as a foot in the door before the real floodgates inevitably open. Sports betting often serves as a gateway to slots and table games down the line, because they bring in even more revenue — not to mention harm,” said CFG founder and funder Derek Webb.

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“In Britain, there’s been a long history of gambling trade bodies making misleading representations. In fact, one group with shared ties to some SBA members is now defunct after having libeled a reform advocate. CFG is here to urge policymakers and the public to proceed with caution and not rely upon gambling companies who are globally notorious for exaggerating benefits and not owning the harm they create,” Webb added.

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Bragg Gaming Group

Kunal Mishra Joins ODDSworks as Chief Operating Officer/Chief Strategy Officer

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ODDSworks, a North American iGaming technology and content provider, announced that Kunal Mishra has been appointed as Chief Strategy Officer and Chief Operating Officer, enhancing its leadership team.

Prior to joining ODDSworks, he was Chief Operating Officer – Americas, for Bragg Gaming Group where he was instrumental in expanding the company’s day-to-day business operations throughout America.

Mr. Mishra came to Bragg via their acquisition of Spin Games LLC where he held the position of President and Chief Financial Officer. Spin Games was a pioneer in the North American iGaming space and he managed the company’s strategy, finances, and operations, along with being a partner in the company.

In his new role with ODDSworks, Mr. Mishra will be tasked with leading the Company’s growth and will be responsible for the overall strategy. He will help lead the ongoing execution of ODDSworks’ plans.

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Larry DeMar, President of ODDSworks, said: “We are incredibly fortunate to bring a generational talent like Kunal to the ODDSworks’ team. We expect great vision and leadership as we drive forward with new markets and operators.”

“Having evaluated the opportunities in the iGaming market, I am excited to take on this role to further ODDSworks evolution and momentum. As demonstrated by the Company’s progress including an expansion into new markets and focus on delivering high-performing iGaming content – ODDSworks has already established a framework to deliver consistent growth. I look forward to contributing to our long-term success,” Mr. Mishra said.

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