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80% Bets Made Mobile: SOFTSWISS Sportsbook Q3’23 Overview

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In Q3’23, the SOFTSWISS Sportsbook saw a remarkable 37% higher average bet on League of Legends compared to football – the sports betting platform team shares valuable insights.

In terms of statistics, traditional top 5 sports by the number of bets did not bring any surprises:

  1. Football 
  2. Tennis 
  3. Basketball 
  4. Table tennis 
  5. Baseball 

 

Counter-Strike continues to hold its ground in the top 10 most popular disciplines by bets, keeping its leadership among cybersports. Another cyber leader, League of Legends, outshines football with a 37% higher average bet. In addition, Dota 2 has become the most profitable among all betting categories. These facts underline the hidden potential of focusing on esports, particularly in light of seasonality. Notably, in Q3, there were more tournaments across various esports than in Q2, positioning cybersports as a potential lifesaver during the low season of traditional summer sports.

Compared to Q3 2022, this year’s Q3 has witnessed a notable uprise in the number of bets, turnover and GGR towards mobile devices. Precisely, 80% of bets were placed via mobile, marking a substantial increase from 65% recorded in the previous year. The growing trend of players opting for mobile phones for betting underscores a strategic shift driven by the inherent convenience these devices offer, especially in live betting scenarios.

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Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, comments: “In contrast to the third quarter of the previous year, we note a gradual increase in the share of combo bets. It is a favourable sign for operators, given that the likelihood of winning a combo bet is lower than that of a single one.

Overall, I am delighted to mark our sustained growth from quarter to quarter. When we compare our performance with the corresponding period last year, we see an extraordinary increase of 438% in the number of bets and that our GGR has surged by an astounding 523%. These remarkable results are a testament to the dedication, professionalism, and unwavering commitment to innovation demonstrated by my colleagues at the SOFTSWISS Sportsbook and other product teams. I extend my heartfelt gratitude to them for their outstanding contributions.”

In the previous month, the SOFTSWISS Sportsbook made a huge step towards new regulated markets, obtaining vital GLI-33 certification. The team representatives will be happy to meet you at Stand 2129 during SiGMA Europe in Malta on 14-16 November.

 

About SOFTSWISS 

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SOFTSWISS is an international technology company supplying ISO 27001-certified software solutions for managing iGaming projects. The expert team, which counts more than 1,400 employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides a one-stop-shop iGaming software ecosystem. Its product portfolio includes the Casino Platform, the Game Aggregator with thousands of casino games, Affilka (affiliate platform), the Sportsbook Software and the Jackpot Aggregator. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.

Brais Pena Sanchez

Kambi Group plc signs regulated market partnership with Stake ahead of Brazil launch

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Kambi will supply its leading online Turnkey Sportsbook to Stake in selected markets, with first launch in regulated Brazil recently completed

Kambi Group plc (“Kambi”), the home of premium sports betting solutions, has entered a partnership with Stake to support the operator’s growth in regulated sports betting markets, starting with its launch in Brazil.

Founded in 2017, Stake, part of the Easygo group, has quickly established itself as a significant global player and was recently ranked in the top 20 of the EGR Power 50 list. With an ambition to expand its global footprint, Stake has turned to Kambi, the leader in regulated sports betting.

The Turnkey Sportsbook partnership is already underway following the launch of Stake’s real-money, Kambi-powered sportsbook in the recently regulated market of Brazil. The agreement also enables Stake to leverage Kambi’s Turnkey Sportsbook in additional regulated markets around the globe.

Werner Becher, Kambi Group Chief Executive Officer, said: “Kambi has a proud history of driving growth for operators in regulated markets around the world and we look forward to doing similar for Stake. Kambi’s advanced and compliant technology enables operators to offer a leading sportsbook product, even within highly complex frameworks, so I’m excited to see what Kambi and Stake can achieve together in Brazil and other regulated markets.”

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Brais Pena Sanchez, Easygo Chief Strategy Officer, added: “Launching in the newly regulated market of Brazil is a major milestone for us and we are excited to have partnered with Kambi to leverage their Sportsbook solution to support our global regulated market expansion. Our experience in the region, paired with Kambi’s cutting-edge technology, will allow us to elevate our offering and provide our customers with exciting experiences in Brazil and beyond.”

The post Kambi Group plc signs regulated market partnership with Stake ahead of Brazil launch appeared first on Gaming and Gambling Industry in the Americas.

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BetPlay

EGT Digital’s top-performing titles are live on the leading Colombian betting site Betplay

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EGT Digital is expanding its presence in Colombia. The Bulgarian provider’s casino content is now available to visitors of Betplay, one of the leading betting sites in the country. The slot titles made a very strong debut, immediately capturing the attention of players, according to representatives of the operator.

They added: “We are very happy to collaborate with a world-class company like EGT Digital. The thematic diversity, high winning chances, and attractive bonus options of their games have won the hearts of our customers. I believe that the provider’s gaming solutions will continue to unleash their potential and contribute to increasing our platform’s popularity among the local audience.”

Silviya Marinova, Director of EGT Colombia, also gave a positive comment regarding the partnership: “The collaboration with Betplay is a great success for us, as it gives us the opportunity to reach even more players in Colombia and to strengthen our status as one of the top iGaming providers not only in the country but also in the LatAm region. I am confident that we have laid the foundations of a very fruitful cooperation, which will bring many benefits to both parties and the players themselves.”

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Brazil

WA.Technology makes its debut in Brazil’s regulated market

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WA.Technology, the award-winning B2B iGaming solutions provider, has announced it will power leading authorised operators in Brazil after the company received technical standards certification from GLI (Gaming Laboratories International), an approved testing house, against the technical standards outlined by Brazil’s regulator.

GLI’s technical standards certification ensures that WA.Technology complies with the Brazilian regulatory requirements, demonstrating its position as the go-to B2B partner for licensed operators looking to excel in the Brazilian market.

WA.Technology’s authorised partners will gain access to WA.Technology’s cutting-edge platform and innovative technology, enabling them to deliver highly personalised, localised, and exciting experiences to bettors across Brazil.

As well as working alongside GLI to obtain the necessary certifications, WA.Technology has a fully operational team based in Brazil in preparation for its future market expansion. This allows the platform provider to remain in tune with ongoing market needs and regulatory developments, as well as enhancing its capabilities to deliver real-time support to operators in Portuguese – adding an additional layer of localisation to its product suite.

Brazil is anticipated to be one of the largest gambling markets in the world. Reports from H2 Gambling Capital suggest that Brazil’s sports betting and gaming market is projected to reach US$10bn (R$47.2bn) in GGR by 2029.

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Waldir Marques, Director of Regulatory Affairs LatAm at WA.Technology, celebrated the company’s entry into Brazil: “Receiving the platform certification from GLI is an incredibly important milestone for WA.Technology; this is a testament to our commitment and determination to meet even the highest standards of regulatory compliance as required by the Brazilian market.”

“WA.Technology has unmatched levels of local expertise, enabling us to become one of the market’s most prominent platform providers – with a reputation for excellence. WA.Technology is here to support our partners in navigating regulations and pursuing new growth across Brazil, ensuring they have all the tools they need for long-term success.”

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