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BetTech Ecosystem Report Offers Upbeat Assessment of Sports Betting and iGaming Industry, With Growth Continuing Across All Sectors
Spotlight Sports Group has launched the 2023 edition of ‘BetTech Ecosystem,’ a research guide revealing the major suppliers across the sports betting and iGaming industry.
Spotlight Sports Group (SSG), a global technology, content, and media company specializing in sports betting and fantasy sports, has today released its third edition of the sports betting industry ‘BetTech Ecosystem 2023’, a comprehensive report that provides the sports betting and iGaming industries with a deeper understanding of regulated betting markets globally.
The 2023 report takes a deep dive into current trends worldwide. The accompanying visual is broken down into six sections that comprise the key supplier areas of the sports betting and iGaming industries: Content, Platform Providers, Trading, E-Commerce, iGaming, and Data. The accompanying visual offers an overarching view of the key suppliers across the 42 subsections that make up the BetTech Ecosystem.
This comprehensive study was conducted internally by a team of Spotlight Sports Group researchers with the support of independent industry experts. The research focuses on the regulated European and North American markets.
The 2023 edition has expanded to include 375 companies, with 80 new entrants and a total growth of 17% YoY. The number of service providers in each segment is as follows:
Content: 149 (New providers added to the 2023 BetTech Ecosystem +9% YOY)
iGaming: 104 (+28% YOY)
Platform Provider: 64 (+36% YOY)
E-commerce: 64 (+31% YOY)
Trading: 43 (+34% YOY)
Data: 77 (+15% YOY)
New this year is an accompanying webinar hosted by SBC entitled BetTech Ecosystem: the State of Play in Sports Betting and iGaming Globally, to be presented on May 2nd. The panel will feature Spotlight Sports Group’s US Managing Director, Harry von Behr, Eric Frank, CEO of Odds On Compliance, Robin Chhabra, CEO Tekkorp Capital and Wayne Kimmel, Managing Partner, SeventySix Capital. Red Knot Communications’ co-founder Camilla Wright will moderate. The webinar can be accessed here.
Discussing the third edition of the BetTech Ecosystem Report, Spotlight Sports Group US Managing Director Harry von Behr said: “The BetTech Ecosystem Report has become an essential project not only for us at SSG but the industry as a whole. It is the only report of its kind that takes a deep look at the whole industry while also acknowledging the companies that help make the industry what it is. We’re proud of the praise the first two editions of the report received, and we look forward to sharing this year’s expanded version.”
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Booming Games
Booming Games Releases “Diamond Forge: Link & Loot”
Booming Games has released its latest slot “Diamond Forge: Link & Loot”. Boasting a 5×3 grid with 10 fixed paylines, the game offers players a maximum win potential of 10,000x. Set on a classic, diamond background, two explosive bonus features provide the ultimate experience for those seeking entertaining gameplay.
Every Diamond collected charges the Diamond Boost, which can be triggered in either the base game or from free spins. Boasting the ability to erupt at any moment, it can award up to 8 extra Diamonds onto the reels to instantly trigger the powerful Link & Loot feature. Players who collect 6 or more Diamonds are awarded 5 Link & Loot spins, where adjacent diamond symbols land and merge to create bigger symbols.
Players can create Colossal symbols of 2×2 and above to award a Colossal spin, where they can win higher value prizes or even the Mini, Minor, Major or Grand Prizes. This culminates in the ultimate Colossal of 5×3 Diamonds capable of unleashing the biggest rewards.
Elsewhere, players who find 3 or more Scatters are awarded with 8 Free Spins and a boosted chance of triggering the Link & Loot feature again as they deploy colossal Diamonds toward the 10,000x maximum win.
Craig Asling, Director of Games at Booming Games, said: “Diamonds are a player’s best friend! Diamond Forge: Link & Loot is a modern twist on a classic theme, which we’re confident will be as popular as previous iterations of the Link & Look series. Innovative bonus features set on a familiar 5×3 grid combine to create an ultimate gameplay experience with significant win potential. Play Diamond Forge: Link & Loot now!”
The post Booming Games Releases “Diamond Forge: Link & Loot” appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Compliance Updates
Incentive Games wins interim Pennsylvania gaming licence
Incentive Games has been granted an interim gaming licence in Pennsylvania by the Pennsylvania Gaming Control Board, effective immediately. The approval allows the B2B supplier to offer its real-money gaming products to licensed operators in the state.
The Pennsylvania approval follows Incentive Games’ licensing in Michigan in 2025, as the company continues to expand across regulated North American markets.
Incentive Games said the Pennsylvania licence gives it access to one of the most established and competitive US iGaming markets, where compliance and player protection requirements are tightly enforced.
Ahmed Baker, Chief Commercial Officer at Incentive Games, said, “Being granted an interim licence in Pennsylvania is a huge achievement for our business and a strong endorsement of our regulatory approach. It strengthens our position in North America and supports our ambition to grow through trusted partnerships in regulated markets. We look forward to working with operators in Pennsylvania to deliver high-quality real-money gaming experiences to their players.”
The post Incentive Games wins interim Pennsylvania gaming licence appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
blackjack
Avanti Studios lands exclusive rights for live Sweet 16 Blackjack side bet
Avanti Studios has secured an exclusivity agreement with HITSqwad Interactive Gaming to offer Sweet 16 Blackjack as a live casino product worldwide.
Sweet 16 Blackjack is already available in a digital format with operators including BetMGM, Caesars, DraftKings, OLG, BCLC and FanDuel, according to the companies. The land-based version is active across South Africa and is in the process of a broader rollout.
The companies pointed to third-party rankings for the title’s performance. Sweet 16 Blackjack ranked as a Top 10 Table Game in the Eilers & Krejcik U.S. Online Game Performance Report in September 2024 and April 2026, and was nominated for Top Performing New Online Table Game at the EKG Slot Awards in 2024 and 2025.
In gameplay terms, Sweet 16 Blackjack adds an optional side bet to standard blackjack. If a player’s first two cards total 16, the side bet wins, with payouts varying based on suits, colours and values.
Jonas Delin, Co-Founder at Avanti Studios, said: “The statistics show that Sweet 16 Blackjack is one of the iGaming industry’s top-performing table games, so we’re delighted to have reached an agreement with HITSqwad to exclusively offer the format to live casino audiences worldwide.
“Sweet 16 Blackjack’s innovative side bet mechanic coupled with the flawless presentation, deep customisation and infinite scalability that only Avanti can provide will ensure that the game will go on to become a staple part of our offering for operators in all regulated markets that we serve.”
Charl Geyser, CEO of HITSqwad Interactive Gaming, said, “Sweet 16 is an incredible game that has already built a massive player following across both online and retail environments. We are delighted to partner with Avanti to take it into the Live Casino market for the next step in its journey as one of the world’s top Blackjack Side-Bets.”
The post Avanti Studios lands exclusive rights for live Sweet 16 Blackjack side bet appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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