According to a Game Aggregator’s first quarter corporate report, SoftSwiss, “total and GGR bets increased almost three-fold in the first quarter of 2021, compared to the same period in 2020,” said Andrey Starovoitov, COO of SoftSwiss.
The expectation is that the iGaming segment will continue to grow rapidly. The company’s Game Aggregator, for example, is experiencing a frequent increase in the number of brands.
Regarding the total number of bets, the report pointed to a 167% increase from 4.10 billion euros in the first quarter of 2020 to 10.97 billion euros in the first three months of 2021.
This significant increase can be attributed to the expansion of SoftSwiss due to the wide experience of the industry, together with the restriction policies forcing players to place bets online. The 165% increase in GGR 162.52 million euros in the first quarter of last year to 430.04 million euros in the first quarter corroborates this fact.
The report for the first quarter of 2021 also points out that the main currency is the euro. In addition, the flow of business with bitcoin has risen dramatically, going from 1000%, even though bitcoin has lost space between the main currencies. This means that its use is growing, with fiat currencies, however, remaining at the top of the game.
Balance presents country data, age group and leading games
In terms of country, last year, all regions recorded an increase in the volume of bets, but the expansion rates of the Commonwealth of Independent States (CIS) were not as high as that of the rest of the planet, for example, Western Europe .
The CIS Community is normally a relevant market for the SoftSwiss Game Aggregator, but it faced difficulties with payment transactions at the beginning of 2021. As a result, the betting flow has fallen slightly, with the participation of the general market experiencing a reduction of 22% in the fourth quarter of 2020 to 15% in the first quarter of this year.
However, traffic volumes in the Commonwealth of Independent States are rising, with emphasis on Russia, Ukraine, Kazakhstan and Azerbaijan. Statistically (based on general data from players aged 18 to 70), the age group and gender remain stable, with a very large age group between 21 and 41 years old (that is, the average age of the players is 34 years old) . And most gamblers are male.
In addition, the report points out that the use of the desktop in the face of the preference for smartphones, which is more important for the current world trend, leveraged by the pandemic. Tablets have a small but stable group of 5%.
According to statistics, 6 of the 10 most played titles appear to be live games, while the remaining 4, such as Fruit Party by Pragmatic Play and Book of Dead by Play’n GO are slot machines. Sweet Bonanza by Pragmatic Play continues to lead in the slot category. While the most popular live game is Evolution’s Lightning Roulette.
Abot SoftSwiss
SoftSwiss is a technology company that provides certified software solutions for iGaming operations. In 2013, the organization was a global pioneer in introducing a bitcoin-based online casino tool. Therefore, the brand is appointed as a technical expert when it comes to the use of cryptocurrencies in online games.
