The Soft2Bet financial and aggregator growth report shows a 65% Net Gaming Revenue increase and an increase of 50% in player deposits! (Image courtesy of Soft2Bet)
It’s a little early in the year for financial reports, but Soft2Bet is a privately owned company. The brand, well-known for its iGaming aggregator solutions platform, had released a report covering its 2024 success.
Some of the highlights of the report include a 65% increase in Net Gaming Revenue (NGR) and a 50% boost in deposits at casinos using the Soft2Bet online casino aggregator.
For those of you who have not heard of this aggregator, the company offers a ready-made online casino package. Operators do not need to design their online casinos. Instead, Soft2BEt supplies the casino platforms, and the operator brands the site.
There is also an API that allows operators with bespoke casino platforms or using other aggregators to plug into the Soft2Bet game supply system. This gives the operator access to software providers that may not be available via their current solution.
Here at Casinoplusbonus, we’ve reviewed and rated quite a few online casinos operating using the Soft2Bet iGaming solutions platform. You will find reviews for 7Signs Casino, Alf Casino, Boa Boa Casino, Buran Online Casino, Casinia Casino, Malina Casino, Nomini Casino, Rabona Casino, Wazamba Casino, and Zet Casino.
Soft2Bet is also well-known for its gamification. This includes challanges, missions, and bonus shops on most of its platforms, which you can read more about via our gamification bonus guide.
Doubled EBITDA
Soft2Bet’s financial performance shows that the aggregator is growing. From reading the full report growth is a mix of product and innovation, such as AI and gamification. On top of this, new clients and industry recognition have played a part.
In the official report, named Sof2Bet Unveils Exclusive 2024 Report, the CEO made a statement confirming how the company has benefited from a stronger ROI, which in turn has meant that the company’s consolidated EBITDA is expected to be double that of the company’s previous report.
Uri Poliavich, Founder and CEO, said, “At Soft2Bet, we have redefined traditional gamification through our leading MEGA solution driving player engagement. This cutting-edge strategy has significantly impacted our brand’s performance, received industry recognition, driven sustainable revenue growth, and showcased stronger ROI while successfully expanding into new markets.”
MEGA Gamification Contributes Towards Growth
One area we often see at Soft2Bet online casinos continually evolving is its gamification and bonus options as mentioned above, bonus shops whereby players earn coins for real money bets and deposits allow players to buy bonuses. These can be free spins, bonus money, and bonus crabs, if available.
However, one of the highlighted gamification tools mentioned in the report by the B2B aggregator solutions provider is its MEGA tool. Back in September 2024, Jack Bannon reported the new story ‘Soft2Bet Adds Bonus Dice Gamification‘.
The report directly says the MEGA tool contributed to Net Gaming Revenue (NGR) increasing by 45%. This rise in NGR has meant a 50% rise in player deposits, whil also a recorded increase of 45% when it comes to Average Revenue Per User (ARPU).
| Aspect | Details |
|---|---|
| Financial Performance | Doubled EBITDA year-over-year; significant increase in consolidated group revenue; expansion in regulated markets. |
| Market Expansion | Secured licenses in Ontario, Mexico, Sweden, Greece, and Romania; entering U.S. market (New Jersey); planned expansion into Spain; turnkey deals in Mexico and Nigeria; MEGA partnership with a leading European operator. |
| Product Innovation and Development | Enhancements to MEGA (Motivational Engineering Gaming Application); AI-driven tools for personalised recommendations; 65% increase in Net Gaming Revenue (NGR); 45% rise in Average Revenue Per User (ARPU); 50% boost in deposits. |
| Industry Recognition | 38 award nominations (322% increase); 10 accolades highlighting product innovation (233% increase). |
| Corporate Social Responsibility (CSR) | Nine CSR initiatives; €821,000 donated to NGOs; supported 34 organisations and donors. |
| Industry Contribution | Recognised for ‘Outstanding Contribution to the Gaming Industry 2024’; launched €50 million iGaming Innovation Fund. |
Further Highlights From The Sof2Bet Unveils Exclusive 2024 Report
Soft2Bet Will Continue to Rise!
We have had several years of experience playing at and reviewing with Soft2Bet online casinos. For an example of what a Soft2Bet online casino has to offer, you can take a look at our Zet online casino review here. The casino comes with a bonus shop, and several bonus offers, making it easy to see why players continue to deposit with online casinos using the Soft2Bet platform.
With continued innovation using gamification promotional tools, plus the platform’s adoption of tech, such as cryptocurrency transactions and AI, it is highly likely we will see more operators launching online gambling entertainment platforms using Soft2Bet technology.
Also, lookout for a new Soft2Bet Casino Page: In the near future, we will create a Soft2Bet online casino aggregator page. It will explain all the benefits of playing at online casinos using the iGaming company’s B2B solution. Plus, the report will also contain information about online casinos using Soft2Bet’s iGaming solution.
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