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Bets Jump 2.6 Times: SOFTSWISS Jackpot Aggregator Report 2023

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The SOFTSWISS Jackpot Aggregator, a comprehensive player engagement solution, shares its 2023 results, highlighting pivotal trends. The 2.6 times increase in bets participating in jackpots indicates the intensity of the operators’ use of jackpots and underscores a surge in player interest in these mechanics.

Bets participating in jackpots demonstrated steady quarterly growth, increasing by 165% from January to December 2023. By the end of the year, the total amount of these bets reached 6.396 billion euro. The number of jackpot campaigns increased by 3.8 times compared to 2022, totalling 230.

The Jackpot Aggregator achieved a significant milestone in 2023 as the number of brands leveraging its jackpot solution tripled from the beginning of the year. By the end of the year, there were over 70 active brands, reflecting a substantial increase in market confidence and interest in the product.

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One of the year’s achievements was introducing the new network campaign called the Prime Jackpot. Launched in Q4 of 2023, this innovative feature swiftly attracted significant interest from players across various casinos.

This network jackpot allows operators to join shared prize pools. All rewards are paid from this pool rather than by a specific brand operator. This approach helps provide more significant rewards to attract more players and increase their engagement and loyalty while optimising operator costs.

Aliaksei Douhin, Head of SOFTSWISS Jackpot Aggregator, shares his insights: The number of clients and connected casino brands has noticeably increased, along with the number and total value of bets participating in jackpots.

We are pleased to see our clients actively using the Jackpot Aggregator,  recognising the additional opportunities and value it brings to their brand operations. Our solution allows operators to offer players enhanced gaming experiences and more attractive winnings. We have received vast feedback and carefully analyse it to provide our clients with the most sought-after tools and mechanics.” 

In 2024, the Jackpot Aggregator is set to unveil its potential to a broader range of clients. This expansion is grounded in a customised approach, ensuring that each client can tailor the product capabilities to suit their needs.

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The SOFTSWISS Jackpot Aggregator team will be at the ICE London on 6–8 February, ready to share their latest advancements and engage in product discussions with existing and potential clients.

 

About SOFTSWISS 

SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts over 2000 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 Online Casino Platform, the Game Aggregator with thousands of casino games, the 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.

 

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Expansion of Amusnet and Olybet partnership into Spain

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With successful operations on Olybet in Estonia, Latvia, Lithuania, Croatia, and Italy, Amusnet is proud to extend its reach to Spain through a partnership with Olybet.es. This collaboration reflects Amusnet’s ongoing commitment to expanding its global footprint and providing innovative gaming solutions across diverse markets.

“Being already live on Olybet in different European countries, we are excited to introduce our diverse portfolio of games to Spanish players through the esteemed operator. This partnership is another successful step in the company’s strategic expansion focused on solidifying Amusnet’s position as a leading global gaming provider,” said Edwin Cruz, Managing Director at Amusnet Spain.

“We are excited about this collaboration between Olybet and Amusnet in the Spanish market! Considering that Amusnet is a provider with whom we are currently present in other markets, we know that this commitment follows the dynamic of providing the best possible experience to our users through innovative and quality content. Welcome aboard, Amusnet! Together, we will take the excitement of the casino to the next level,” commented Raúl García, Casino Manager at Olybet.es.

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The partnership of the company and the operator in Spain kicks off by launching a batch of 40 games, some of which are 20 Golden Coins, 100 Power Hot, Extra Crown, Shining Crown, Cocktail Rush, Secrets of Sherwood, Fruits & Gold, Diamond Plus, 40 Super Hot, Candy Palace, Phoenix Star, 40 Bulky Fruits, Burning Hot, 20 Hot Blast, Flaming Hot Extreme. Players will be able to enjoy a variety of slots with different volatilities, paylines and themes.

20 Golden Coins is an innovative, modern video slot with immersive graphics and thrilling features like Mystery Nudge and Bonus Coins. Players can dive into the medieval theme of Secrets of Sherwood, which offers adventurous gameplay filled with hidden riches, stacked symbols and exciting Free Spins.

The post Expansion of Amusnet and Olybet partnership into Spain appeared first on European Gaming Industry News.

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Bacta issues rallying call following General Election delay to gambling reforms

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Bacta, the trade body which represents the UK low stake gaming and amusements sectors is urging an incoming government to ‘finish the job’ of modernising gambling regulations and in the process to continue the industry’s support of regional economies throughout the country.

In a message to members released shortly after Prime Minister Rishi Sunak called a surprise General Election for July 4th, Bacta President John Bollom said: “A snap General Election was always the biggest risk to getting the Gambling White Paper reforms passed into law.

“I am asking every Bacta member to contact their parliamentary candidates – especially the Labour Party candidates – to encourage them to support the land-based gambling reforms.

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“We will be issuing advice to members on how to do this in the coming days.

“It is imperative, if there is a change in Government, that the Labour Party finishes the job and supports modernisation of our sector to support both the High Street and seaside towns.

“The reforms are so vital for our sector. I like to think they may have been delayed not derailed. Our campaign continues.”

The post Bacta issues rallying call following General Election delay to gambling reforms appeared first on European Gaming Industry News.

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Compliance Updates

Swedish BOS rejects the proposal “A new ban on gambling on credit”

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The Swedish Trade Association for Online Gambling (BOS) submits its statement to the Ministry of Finance on the memorandum “A new ban on gambling on credit”, in which a ban on credit cards for gambling is proposed.

BOS rejects the proposal. This is justified by Gustaf Hoffstedt, Secretary General of the Swedish Trade Association for Online Gambling, among other things through the proposal’s negative consequences on channelization.

If the government nevertheless goes ahead with the proposal, BOS proposes that the obligation not to mediate payments for gambling purposes be imposed on those issuing credit cards rather than on gambling operators. In this way, it will be prohibited for credit card issuers, under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen), to mediate payments via credit cards for all gambling companies, including illegal and/or unlicensed gambling companies. Almost half of the Swedish online casino market is unlicensed and/or illegal due to heavy restrictions of the licensed market.

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In the name of consumer protection Sweden should not add new restrictions on consumers that still place their bets on the legal gambling market. That is the main reason for us to turn this suggestion down. Should the government want to proceed with a credit card prohibition on gambling, we suggest that such restriction is directed not towards gambling operators but credit card issuers, since the latter are also serving the half of the market that is illegal and unlicensed, says Gustaf Hoffstedt.

 

The post Swedish BOS rejects the proposal “A new ban on gambling on credit” appeared first on European Gaming Industry News.

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