2023 was yet another year marked by a growth of the iGaming sector and a time of huge acceleration for Delasport. Our industry is fast-paced and exciting, which is why there is a lot to look at while reviewing the last 12 months. Join us as we wrap them up in the paragraphs to follow.

Contents

Industry Highlights

Overall Performance of the Sector

Markets and Legislation

Trends and Innovations

Delasport Highlights

Product Development

Business Growth

Events and Awards

New Markets

Conclusion

INDUSTRY HIGHLIGHTS

Overall Performance of the Sector

The iGaming industry continues its upward trajectory hitting a staggering revenue of US$95.05 billion in 2023. Looking ahead, the market volume is forecasted to reach US$138.10 billion by 2028, reflecting an impressive annual growth rate (CAGR 2023-2028) of 7.76%. The user base is set to expand to 243.2 million users by 2028 (source).

Some of the reasons behind the continuous surge include the further adoption of mobile gambling, the rapid development of markets like Brazil, UAE, Africa, and Ontario, as well as the rise of female gamers worldwide.

Markets and Legislation

This year we started observing a shift from international to national regulations worldwide, shaking the ground beneath Malta and Curaçao’s prevalence in iGaming. The two countries were leaders in issuing licenses valid throughout multiple jurisdictions. Now countries like Germany, the Netherlands, and Sweden have introduced their own regulations, forcing Malta and Curaçao to come up with innovative solutions in order to keep their strong positions.

Case in point: Curaçao is introducing serious changes with a gambling regulation bill that is now officially in the parliament (source). As part of their regulatory transformation, Curaçao’s legislators also launched the Curaçao Gaming Authority (CGA).

Another breakthrough in 2023 comes from the United Arab Emirates (UAE). The UAE introduced a new regulatory body to oversee commercial gaming: the General Commercial Gaming Regulatory Authority (GCGRA) (source). As a market, the UAE is projected to reach US$1.6 billion by 2026, making it one of the territories with the highest growth potential.

In the meantime, another rapidly emerging market – Brazil - is making a serious leap both in terms of iGaming market development and iGaming regulation. Forecasts place the annual growth rate of Brazil at a whopping 18.10% from 2023 to 2028. By 2028, the projected market volume is expected to reach US$3.63bn (source). A milestone was reached in July this year related to sports betting too: the Brazilian Senate approved a fixed-odds sports betting bill (source). It focuses on some of the most important points: taxation, local ownership, improper advertising, bettor identification, fees, and more.

Another jurisdiction that has kept an eye on itself throughout 2023 is the UK. In April, the British Government released the Gambling White Paper, presenting a fresh strategy for overseeing online gambling regulation in the UK. This document aims to assess and update the 2005 Gambling Act, putting forth various measures that empower operators to utilize technology responsibly. The goal is to allow the majority of individuals who engage in betting without problems to continue doing so, while also ensuring that those with gambling-related issues receive the necessary support (source).

A brave approach to advancing safer gambling has been taken by several countries, including Australia, where credit cards have been banned as a payment instrument leaving players with debit cards as the only digital payment option (source). We’ve been seeing more and more innovative and much-needed ways to increase player safety worldwide.

Trends and Innovations

Personalization as a trend has skyrocketed in iGaming this year, with Delasport being among the leaders in this innovative field (more details – below). Amidst the massive industry growth, players still need to feel seen and appreciated and personalization has been THE way to do it in 2023. Aside from letting players choose their own settings, layout, and favorites across sports betting and casino solutions, Artificial Intelligence (AI) and Machine Learning (ML) have also played a key role (read more about it). They have been instrumental in user profiling in terms of behavior analysis, RG screening, and segmentation for tailored suggestions and targeted promotions.

Fraud prevention, Anti-Money Laundering (AML), and Compliance Management have also seen significant benefits from the advancement of AI. Companies on the rise like Sift and Sedric are proof that there is a serious need for such innovative and even creative solutions in otherwise strict fields.

While looking at the trends in 2023, we can’t miss the opportunity to mention that the shift towards mobile betting and gambling has continued this year. According to internal Delasport data, mobile devices now take up about 75% of all iGaming usage. This is why we’ve always made it a point to keep our mobile–friendly solutions up to date (more on this – in the next section).

Lastly, we can’t miss the opportunity to mention one more intriguing (yet logical) trend we’re seeing in the past months: sportsbooks are now including more and more niche or less popular sports. The sports betting sector has been oversaturated with the big sports and events and it is now essential for every serious iGaming supplier, provider, and operator, to provide access to as many smaller disciplines as possible.

DELASPORT HIGHLIGHTS

Product Development and Growth

As mentioned above, Delasport has been among the champions of personalization in 2023. Our proprietary suite ‘My Era’ got well-established and proved profitable in the past 12 months.
‘My Sportsbook’, ‘My Event Builder’, ‘Live Personal Trader’, and ‘If Bet’ are the flagship features that showed everyone how essential personalization really is in times of content inflation. And while we can’t reveal much at this point, we can hint that something big is coming for our Casino solution regarding personalization that you can read about here.

Speaking of Casino, we can’t miss mentioning our latest exciting additions there: a Cross-Providers Jackpot and a Booster Panel for mobile devices. Both of them significantly improve player retention and satisfaction, but the Booster panel is a true innovation allowing players to deposit funds, view the Cross-Providers Jackpot, and notifications without leaving their favorite game for even a minute. The Booster panel assists maintaining the immersion and makes everything accessible – it’s all a single tap away.

Turning our attention to sports again, we should definitely mention the impressive enhancement of our Live Center feature and the new sports we have developed it for. American football and handball are just a part of the new disciplines covered by our proprietary 3D live viewer.

In terms of overall sportsbook enrichment, as mentioned in the previous section, we have also introduced a significant number of new sports:

- Beach Volleyball​

- Netball​

- Lacrosse​

- Floorball

- Australian Rules​

- Futsal​

- Water Polo​

Additionally, we also expanded our outright portfolio with the introduction of:

- Gaelic Sports

- Bandy

- Pool

- Rowing

- Moto GP

- Sumo​

- Wrestling​

- Surfing

- Softball

- Sailing

- Curling

- Swimming

- Chess

Overall, 2023 has been a cornerstone year for Delasport’s sportsbook solution and we can’t wait to share what we have planned for 2024. But more on that – in early January.

Business Growth

Understandably, with the technological advancement of our product, we’ve been seeing a great surge in our business performance as well in 2023. Some of the key deals and partnerships we’ve signed include EEG, Videoslots, BeyondPlay, Bejoynd, Campeon Gaming, and FansBet. Some of them come as a package deal with more than one brand, so our reach is now extending across several jurisdictions and even continents.

Events and Awards

2023 has been more than dynamic for us at Delasport. We’ve attended most of the largest iGaming events globally: ICE London, iGB Live - Amsterdam, SBC Summit - Barcelona, and SiGMA – Malta, while at the same time successfully organizing our own dedicated event in Malta. We got to meet new partners and friends as well as deepen some already existing ones. And best of all, we got to also have fun while doing it!

This year has been generous towards Delasport in terms of recognition too. We were awarded in the ‘In-Play Betting Software’ category by EGR B2B Awards, followed by ‘Live Betting Product of the Year’ by SiGMA Europe Awards. Furthermore, Delasport was named ‘Rising Star in Sports Betting Technology’ by GamingTech CEE Awards and ‘Platform Supplier of the Year’ by iGaming Sword Awards.

New Markets

Our expansion is multi-layered and in the past 12 months we grew not only product-wise, but also in terms of market availability. We’re now present in dozens of jurisdictions worldwide with the latest ones being Isle of Man, Estonia, and Romania.

In most of the jurisdictions we’re compliant with, we’re present with our full product portfolio. New regions of interest for us are the Nordics and Africa and we’re about to share more details about each of them in the near future.

CONCLUSION

2023 has been so exciting that we’re almost sad to see it go. Thankfully, we’re sure 2024 will be just as full of innovations, recognition, surprises, and positive results, as the current year (if not more). That being said, we’re hoping to see as many of you as possible at the upcoming industry events – the closest one being ICE London 2024. Make sure to book a meeting and come talk to us about your achievements across 2023 and your aspirations for 2024. You’d be surprised how fruitful our conversation can be!

From all of us at Delasport: May you have amazing holidays, dear colleagues and friends!

The post 2023 Recap: Industry Overview and Delasport Achievements first appeared on Delasport.

The iFrame solution will be integrated into Bojoynd’s platform, supplying their existing and new customers with an intuitive ready-to-use sportsbook.

We plan on going beyond the Nordic market in the near future, pursuing other regulated jurisdictions as well.

Yet another success of our Sportsbook Plug & Play iFrame

Our Plug & Play iFrame solution is marking huge success this year, including winning awards on an international level. What makes it so well-recognized is the huge number of advantages it has for casino operators. They are able to add a fully featured sportsbook to their business with ease. It’s as simple as adding a slot provider and is the best fit for operators who want to enter the sports betting vertical fast. Moreover, our distinctive approach of moving-beyond-content allows our licensees to stand out in the crowd by offering special features tuned to increase player retention, like Personalization, Engagement tools, and unique ways to bet.

This directly translates to new revenue streams and lower costs per acquisition. Additionally, operators can benefit from fully managed trading and risk management from some of the most experienced traders in the gambling industry.

Delasport’s VP of Biz Dev Rosaire Galea Cavallaro regarding the partnership:

‘Partnering with amazing professionals like Bejoynd is a great next step for us and a way to state our serious intentions for the Nordic market. We’re looking forward to entering even more regulated markets with them and help as many casino operators as possible to benefit from a brand new vertical, but more importantly entering markets where we drive the power of diversity in a space where the majority offer similar content.’

Bejoynd’s CEO Fredrik Cedell also comments on the agreement:

‘We are extremely proud of the robust platform we provide and how flexible it is in terms of integrations. The partnership with Delasport proves just that: we are always looking for ways to provide more opportunities for our customers. This is why we’re so happy to be able to offer Delasport’s Plug & Play iFrame solution to the operators who trust us with their business.’

The post Delasport and Bejoynd to elevate betting in the Nordics first appeared on Delasport.

This partnership gives our licensees the ability to create different types of jackpots to increase player engagement and retention. The main configurations are “Progressive”, “Community”, “Time-Based”, “Event-Based”, and “Amount-based”. The content-agnostic jackpot can be applied to any casino game, including Live casino ones.

The new partnership is a logical step forward for Delasport

This addition aligns quite well with the company’s overall strategy of revolutionizing player engagement and retention in iGaming. The announcement is part of a series of retention-related news and improvements, including the introduction of Player Engagement tools and Delasport’s proprietary ‘My Era’ suite. The latter proved to be a game-changer with retention skyrocketing after the implementation of ‘My Sportsbook’, ‘My Event Builder’, and ‘If Bet’ for sports betting operators and the upcoming ‘In-Game Booster Panel’ and the personalization feature ‘My Casino’.

Delasport is taking the Jackpot to new heights by offering it on any RNG or Live Casino game which features real time jackpot data and interactive jackpot win animations within the game screen.

Delasport’s CEO Oren Cohen Shwartz regarding the deal:

“We, at Delasport, have an official duty to provide our partners with the means to go beyond content and elevate the players’ betting experience. Partnering up with BeyondPlay is yet another way we are advancing towards this goal”. “Our partners will soon be able to offer to their players a cross-provider jackpot on any casino and live casino game. Their players will be able to play any of their favorite games with the option to also hit the jackpot. In addition, our partners have the flexibility to choose between network and local jackpot pools that will guarantee that when the jackpot is blown the winner will be one of their players.”

Head of Casino Ralitsa Zareva also commended:

"Working with BeyondPlay proved to be a real pleasure and we're excited to show our licensees and their players the end result. We're vfofery serious about player engagement and retention and the Cross-Provider Jackpot is just the latest proof of our commitment."

BeyondPlay’s COO Jacqui Gatt shares the same notion:

"This collaboration marks a significant milestone for BeyondPlay as we join forces with Delasport and provide our cutting-edge jackpot software on their powerful platform.

Through this partnership, we're enabling Delasport and its licensees to create their very own exclusive jackpots and harness the full potential of BeyondPlay's jackpot software.

We are confident that this partnership will not only elevate the players' gaming experience, but also provide Delasport with a competitive edge in the market. Together, we look forward to delivering a world-class gaming experience that exceeds the expectations of both operators and players alike."

We’re grateful we get to work with professionals like BeyondPlay. Stay tuned for more exciting news from Delasport by following us on LinkedIn.

The post Teaming-up with BeyondPlay to Skyrocket Player Engagement first appeared on Delasport.

We will support this ​​​​leading esports-focused operator in MGA-regulated markets. The agreement allows all three brands to expand beyond their casino audience with ease. As we’ve said in the past, adding a sportsbook to a casino website opens up a brand-new revenue stream and helps retain players who are interested in both verticals.

Delasport CEO, Oren Cohen Shwartz, comments the deal:

"Partnering with an industry giant like EEG is yet another milestone in Delasport’s growing track record of successes. We are proud to be able to provide our modern sportsbook solution, boosted with player personalization and engagement tools, to a company with such vast experience," says 

The excitement is shared by both parties as EEG’s CEO Alex Igelman also comments on the news:

“Partnering with Delasport represents an exciting opportunity for EEG to broaden its offerings to a whole new set of players in key markets where sports betting is exceptionally popular. We are eagerly looking forward to seeing the positive impact and growth this integration brings to our brand. Delasport has been a great partner every step of the way. We feel safe in entrusting the new sportsbook branches to them and their Plug & Play Sportsbook iFrame solution.” 

About Esports Entertainment Group 

Esports Entertainment Group (EEG) is a global MGA-licensed, “esports-focused” iGaming B2C operator and a US-focused B2B provider of esports solutions. The Company owns and operates the world's leading esport venue management system, currently deployed in over 800 global locations, including more than 100 colleges and universities. The Company's strategy is to capitalize on the multi-billion-dollar market for esports and esports wagering by leveraging its leading position in the industry.

The Company is also targeting the rapidly growing market for short-form esports wagerable content, which features competitive, short-cycle head-to-head leagues that are optimized for betting. In addition to its plans to distribute esports content, the Company currently provides B2C-focused wagering through its MGA-licensed suite of brands.

The post Delasport signs a Sportsbook Deal for 3 EEG brands first appeared on Delasport.

Outline

The agreement includes multiple services on Delasport’s end that will enrich Videoslots’ portfolio and bring them yet another competitive advantage. Videoslots’ brands will receive an API content integration for sports betting. Additionally, we will handle bet processing and 24x7 Trading and Risk management.

Opinions

Both we and Videoslots share our excitement over the new collaboration. Rosaire Galea Cavallaro, VP at Delasport, said: “Adding such an impressive, trusted, and innovative partner to our portfolio is yet another big achievement for us this year. “We’re grateful to Videoslots for trusting us with all their brands and I believe our partnership will flourish even further in the future.”

Ulle Skottling, Deputy CEO at Videoslots, said: “This is a great expansion step for us, and we’re glad we get to do it with an experienced partner like Delasport. “The new integration allows us to strengthen our position worldwide, where sports betting continues to prove extremely popular with bettors.”

About Delasport

Delasport is a leading iGaming supplier that delivers a one-stop-shop solution for sports betting, online casino, and player account management. Their platform focuses on personalization, technological innovation, and engagement tools. Since its founding, the company has won multiple international awards and has gained a proven track record of excellence. Delasport is present in 11 major jurisdictions around the globe: Denmark, Estonia, Germany, Isle of Man, Malta, Mexico, Ontario (Canada), Romania, Sweden, The Netherlands, and the United Kingdom. Our team is now counting over 400 experts worldwide as of Mid-2023 marking a significant growth compared to only 200 employees in early 2022.

About Videoslots

Founded in 2011, Videoslots.com is an award-winning online casino with the widest variety of games in the industry. With an unparalleled range of more than 10,000 slots and table games from over 180 providers, Videoslots.com offers a premium gaming platform to customers, enhanced by innovative new omni-channel promotional concepts including Clash of Spins, Wheel of Jackpots, and Battle of Slots. It aims to create a unique entertainment product via technical excellence, exceptional customer service, and the latest gameplay innovation.

Videoslots.com also provides market-leading customer protection with its industry-first Max Bet Protection and robust compliance procedures. It was the winner of Best Casino at the 2015, 2016, 2017, and 2018 Casinomeister Awards, Best Gaming Experience, Best Casino Manager at the 2016 Casinomeister Awards, and Best Slots Operator at the 2017 International Gaming Awards. Videoslots also won Slots Operator of the Year at the IGA Awards and Casino Operator of the year at SIGMA Awards in 2021.

Videoslots.com is owned by Malta-based parent company Videoslots Ltd and holds licenses in Malta, the UK, Spain, Italy, Denmark, and Sweden. For more information, please visit www.videoslots.comIn 2020, the now-giant expanded their product offering and added Sportsbook as a new vertical. They have been working tirelessly to improve their sports portfolio alongside their casino catalog.

The post Delasport and VideoSlots sign a Multi-service deal first appeared on Delasport.

FoggyBet and 21.Red are the two new brands of Campeón Gaming’s portfolio. They are MGA-regulated and aside from sports betting, their sites offer Video Slots and Live Casino games.

We are all extremely satisfied with the result of our new partnership.

Delasport VP of Business Development Rosaire Galea Cavallaro comments regarding the supplier’s new brands:

‘Every launch is very special for us. While we’re rapidly expanding, we still treat each partner with the individual attention they deserve, and we’re excited to see them grow alongside us’.

Oren Cohen Shwartz, Delasport CEO, says about the launch:

‘We are honored to offer our Sportsbook solution to FoggyBet and 21.Red. We are leading the way, as the most modern Sportsbook out there. We are offering to our partners not just the traditional Sportsbook functionality stack and content coverage but awesome features like personalization, unique ways to bet, comprehensive player engagement tools, and much more’.

The post Delasport Goes Live with 2 New Brands first appeared on Delasport.