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SOFTSWISS Sportsbook Q2 2024 Results: New Project Launch Record

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9 months ago

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SOFTSWISS, an international technology expert with over 15 years of experience providing innovative iGaming solutions, launched a new sportsbook project within 14 calendar days. The company shares sports betting insights on the last quarter and the results of its Sportsbook.

In Q2 2024, the SOFTSWISS Sportsbook team launched 22 new projects across 11 casino platforms, including the SOFTSWISS Casino Platform. It highlights the full compatibility of the sports betting platform by SOFTSWISS with the casino platforms on the market.

Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, adds, “The SOFTSWISS Sportsbook team finished this quarter with outstanding results. We boosted our margin and achieved a 149% increase in revenue quarter-on-quarter and a 403% year-on-year growth. Additionally, we set a new record by launching a project in just 14 calendar days from the date of signing the contract to the first bet. I want to extend my gratitude to our team and partners for their exceptional work.” 

Football remains the top choice for bettors, accounting for 55% of all bets and gaining six percentage points in GGR to Q1 2024. Tennis and basketball also rank among the top three sports for betting. Q2 2024 was notably marked by the UEFA Euro 2024, which boosted football higher than usual and is likely to be the most significant sporting event of the year.

Major events like the European football contest continue to draw newcomers to the platform, with 8% of players being first-time bettors. The most popular betting markets were match results and the number of goals. The match between Portugal and Slovenia emerged as the most profitable, delivering a 55.4% return.

“Football will remain the leading sport for the next three to five years until the esports generation matures,” said Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook. “Traditionally, football serves as an entry point into the betting world. Players often start with popular football markets before exploring other sports. This year’s UEFA Euro 2024 has been pivotal for the industry, prompting us to launch 18 new projects in the month leading up to the tournament and with the remaining 4 launched well in advance of the tournament.”

Betting trends continue to show a strong preference for mobile devices, with 89% of bets placed via mobile and 11% via desktop. It is worth noting that working adults, professional bettors, and scammers are more likely to use desktops for betting. 

SOFTSWISS recently introduced a valuable tool for those considering a sports betting project launch. The Sportsbook Budget Calculator is designed to help with budgeting, containing a convenient P&L and a list of practical tips.

 

About SOFTSWISS 

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

The post SOFTSWISS Sportsbook Q2 2024 Results: New Project Launch Record appeared first on European Gaming Industry News.

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Conferences in Europe

Altenar Steps in as General Sponsor of EEGS 2025

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13 hours ago

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April 24, 2025

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The prestigious Eastern European Gaming Summit (EEGS) is set to welcome Altenar, a prominent sports betting software provider, as a General Sponsor for its 2025 edition. Scheduled for 26th and 27th November at the IEC in Sofia, Bulgaria, this partnership exemplifies Altenar’s unwavering commitment to driving innovation and growth within the gaming and entertainment sectors. This long-standing collaboration has consistently generated mutual benefits and opportunities for both Altenar and the event, as well as for all participants involved.

Altenar continues to deliver top-tier solutions for licensed operators across the globe. From standalone sportsbook offerings to comprehensive turnkey solutions, Altenar combines proven reliability with tailored services to meet diverse client needs.

Since its inception in 2011, Altenar has powered hundreds of online sports betting platforms, while their self-service betting terminals and mobile applications adapt to the evolving demands of operators, leading to a rapidly expanding client portfolio in over 30 countries.

Altenar’s involvement as a sponsor underscores their essential contribution to the overall success of the EEGS, emphasizing a collective dedication to excellence and advancement in the industry. This year’s event promises to be a critical platform for industry leaders, visionaries, and entrepreneurs to discover and discuss the latest trends in gaming, entertainment, and hospitality.

As the foremost conference in the region, the Eastern European Gaming Summit (EEGS) offers an engaging setting for industry pioneers to network, collaborate, and delve into the opportunities shaping the future of gaming and entertainment.

Align your company with this esteemed conference and take advantage of the insights and expertise shared at the event.

Check the available sponsorship options here.

The post Altenar Steps in as General Sponsor of EEGS 2025 appeared first on European Gaming Industry News.

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Tachi Palace Casino trusts Continent 8 to bolster its cybersecurity through advanced managed SOC and SIEM solutions

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14 hours ago

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April 24, 2025

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Tachi-Yokut Tribe of Santa Rosa Rancheria-owned and operated casino now equipped with world-leading 24/7/365 monitoring, proactive threat prevention and rapid response capabilities to safeguard its tribal gaming operations

Continent 8 Technologies, the leading provider of managed hosting, connectivity, cloud and cybersecurity solutions for the tribal gaming industry, is pleased to announce a new cybersecurity agreement with Tachi Palace Casino Resort to oversee and optimize their Security Operations Center (SOC) and Security Incident and Event Management (SIEM) cybersecurity operations.

In collaboration with Continent 8 and its cybersecurity division, C8 Secure, Tachi Palace Casino Resort will implement their managed SOC and SIEM services. The customer will gain instant access to a comprehensive SOC and SIEM solution featuring round-the-clock monitoring, sophisticated threat detection to pinpoint anomalies and potential risks, integrated threat intelligence to anticipate evolving threats and an advanced SIEM architecture designed for high-performance analytics and streamlined incident management.

Patrick Gardner, Chief Security Officer at Continent 8 said: “We are honored that Tachi Palace Casino Resort selected Continent 8 through a rigorous selection process as their trusted Managed Security Operations Center partner. As a leading Managed Security Services Provider (MSSP) specializing in the gaming industry, we have deep insight into the unique cybersecurity threats and vulnerabilities facing our customers today. Tachi Palace Casino Resort’s proactive commitment to safeguarding their infrastructure demonstrates exceptional leadership and a clear understanding that robust, continuous security is vital for protecting their customers, data and gaming operations.”

Jerad Swimmer, Regional Sales Director at Continent 8 added: “It’s inspiring to see an increasing number of tribal gaming and casino organizations such as Tachi Palace Casino Resort making cybersecurity a core component of their strategic initiatives and organizational culture.

“We are delighted to support Tachi Palace Casino Resort as their trusted MSSP, ensuring a secure and strategic cybersecurity journey.”

David Clark, Information System Director at Tachi Palace Casino Resort said: “I am looking forward to our new partnership with Continent 8 and what the future brings for us.”

The post Tachi Palace Casino trusts Continent 8 to bolster its cybersecurity through advanced managed SOC and SIEM solutions appeared first on Gaming and Gambling Industry in the Americas.

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Discover What’s Next in France’s Gambling Industry at the iGaming Exchange Virtual Meetup on April 30

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15 hours ago

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April 24, 2025

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HIPTHER, the global connector of thought leaders and innovators in the gaming industry, is proud to announce the next edition of the iGaming Exchange Virtual Meetup, taking place on April 30, 2025, at 10:00 CET. This highly anticipated session will focus on the evolving landscape of France’s gambling sector and feature an exclusive insight session with Claire, a leading voice on French gaming regulation.

Spotlight on France: A Key Market in Transformation

France’s gambling industry has entered a pivotal phase in 2025. Following the latest developments outlined in this recent article, significant changes are taking shape:

  • Regulatory Expansion: The French government has extended the operation of Paris gaming clubs through 2027 under the 2025 Finance Act, signaling confidence in a well-regulated urban gambling environment.

  • Innovative Betting Models: The introduction of a new form of pari-mutuel betting on horse races, approved by the Ministry of Economy and Finance, reflects a shift toward more dynamic and diversified wagering options.

  • New Governance Horizons: The mandate of ANJ President Isabelle Falque-Pierrotin has been extended until 2027, ensuring regulatory stability during a time of change and expansion.

Meet Claire Pinson-Bessonnet – Founding partner at CPB Avocats France – Your Guide to French Gambling Regulations

This session’s keynote will be delivered by Claire Pinson-Bessonnet – Founding partner at CPB Avocats France, an expert analyst in French gambling law and policy. Claire will provide attendees with:

  • Context on the Finance Act and what it means for operators;

  • A breakdown of the regulatory environment and compliance updates;

  • Opportunities and challenges ahead for domestic and international stakeholders.

Why You Should Attend

Whether you’re a gambling operator, regulatory professional, affiliate, or investor, this session offers:

  • Expert commentary on real-time developments;

  • Actionable insights for strategic growth in the French market.

Event Details

  • Event: iGaming Exchange – Focus on France

  • Date: April 30, 2025

  • Time: 10:00 CET

  • Location: Online (Virtual Meetup) – Streamed live on LinkedIn and YouTube

  • Hosted by: HIPTHER

👉 Register Today!

Reserve your virtual spot now to stay at the forefront of the European gaming conversation: https://www.linkedin.com/events/igamingexchange-virtualmeetupby7288574026942222338/theater/

The post Discover What’s Next in France’s Gambling Industry at the iGaming Exchange Virtual Meetup on April 30 appeared first on European Gaming Industry News.

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