Soft2Bet, a prime B2B on line casino and sportsbook platform supplier, unveiled strong progress metrics for 2023.
In 2023, Soft2Bet’s revenues surged, fueled by strategic enlargement into regulated markets and revolutionary, gamified merchandise. The audited outcomes revealed a 46% progress in gross income and a exceptional 207% rise in EBITDA in comparison with the earlier reporting interval.
Key components behind these outcomes embrace the profitable implementation of Soft2Bet’s gamification options, the Motivational Engineering Gamification Utility (MEGA). This innovation has demonstrated a exceptional over 60% increase in Gross Gaming Income (GGR), a 70% enhance in participant engagement, and a surge in common income per consumer (ARPU) for the corporate’s companions.
Further components embrace strong enlargement within the firm’s sports activities betting choices, registering a 300% income surge in 2023. Moreover, Soft2Bet prolonged its attain into varied regulated markets, securing new licenses in Sweden, Greece, Romania, and Italy.
Uri Poliavich, CEO and founding father of Soft2Bet, stated:
With our MEGA options and impressive enlargement technique, 2023 was an unimaginable yr for our household at Soft2Bet. I’ve little question we’ll proceed to see robust progress in 2024 as we innovate our gamification engine. We’re already growing partnerships with new and previous buddies, increasing into North America, and delivering extra game-changing options for our companions this yr.
In 2024, Soft2Bet goals to increase its attain in Europe and North America, with plans to enter the US market in New Jersey and increase into Portugal, Ontario (Canada), and Mexico. The corporate prioritizes advancing its MEGA know-how, leveraging a robust tech stack to persistently improve engagement, volumes, and revenues by means of unparalleled personalization and tailor-made consumer experiences.
The corporate’s core philosophy facilities round innovation. Wanting forward, it goals to combine AI and different rising applied sciences to complement and form new options.
