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.

The increasing number of regulated markets in Europe opens new opportunities to starting and seasoned sports betting operators alike. Regulations and licensing are crucial, especially if you’re looking for quick growth and success. One country to recently bringing its gambling markets under regulation is Romania and since 2015 only licensed operators can offer their casino and sports betting services and products to the vast Romanian player-base.

Delasport CEO Oren Cohen Shwartz commended:

‘’We are rapidly expanding our global reach and entering the Romanian market is a natural step for us. We are thrilled to be able to provide our high-end sports betting and casino solutions to Romanian sports and casino operators. The Romanian market is growing fast, and there is a real need for quality products. Delasport’s plug & play sportsbook iFrame solution is fully equipped to support its partners to go live fast, thrive, and grow.”

Delasport is an independent international company set to deliver Sports Betting and online casino solutions with a full range of iGaming managed services across the globe. With partner’s needs, in mind, we have created a full iGaming solution that can easily adjust to any market needs, allowing them to develop and thrive.

The post Delasport secures a Class 2 Romanian B2B License first appeared on Delasport.

Online Gambling in Africa quick overview

Though football is by far the most common sport on the continent, it is not the only one. Horse racing, cricket, and rugby for example attract many fans and viewers who are eager to place bets on them.

The African sports betting market is totaling in billions. Almost half of the adults place bets on their favorite sports and teams regularly. This trend is to be seen not only in the well-established economies on the continent but also in countries like Nigeria. There, the industry is flourishing, despite the relatively small average bet amount placed by a person per day. So it’s safe to conclude that not considering Africa as a destination for gambling business investment is a missed opportunity for the iGaming provider and operator of the present and the future.

According to statistics,

Africa takes 1st place by the number of young people (including Generation Z), between 15 and 24, which greatly enables the expansion of online sports betting. Coupled with the increased use of smartphones and the rapid expansion of mobile internet connectivity, the development of the iGaming market in Africa is set to see exponential growth. Although retail outlets have long dominated the African gambling industry, the number of mobile users is consistently rising generating value which is predicted to reach more than $2 billion by 2024.

*For other gambling business destinations, read more about our overview of the Betting Market in India.

Betting Regulation in Africa

There’s one major concern for betting operators and it is the gambling regulations that are either ambiguous, obsolete or simply unenforced. So similar to the Latin American market, regulation is indeed needed.

The gaming industry in most African countries is overseen by a centralized authority or regulatory agency. A prime example is South Africa, which has nine provinces each with its own gambling board that makes decisions on the legality of gambling. The solid regulatory foundation would create a safer environment for sportsbook solutions providers, operators, stakeholders, and players alike.

Finance & Payment

The surge of online sports betting in Africa (iGaming in general, including activities in different online casino platforms) has been driven by the development of local payment systems. A large percent of the population still does not have access to financial services which has raised the necessity of the development of alternative payment methods, the most popular of which is the mobile one. Payments are charged directly to the user’s mobile phone bill, so if a user wants to make a deposit he only needs to have an account with a participating mobile provider. Other popular payment options include credit cards and eWallets, bank transfers, and prepaid cards.

Topic recap

Even though the business regarding online betting in Africa has its own set of market challenges due to political instability and a lack of legal enforcement, the African player base remains a highly attractive target for companies searching for new markets and expansion. The e-gambling business has a big future ahead, as droves of operators will soon look to establish a major market share in the early peak that is yet to come.

The post Online Betting in Africa is expanding first appeared on Delasport.

LatAm betting market brief overview

However, this flourishing industry can be tricky for businesses unfamiliar with the nature of the market. Latin America consists of countries with diverse cultures, different language preferences, unique betting likings, and a specific set of laws applying to the gambling industry. Some countries are more developed in terms of regulation and licensing and others still lack a proper legal framework.

Brazil:

The largest in LatAm, not only in population but also with the greatest potential for growth in the gambling industry is Brazil. It is not a surprise that European operators find it a lucrative market and anticipate the setting of solid regulations to allow them to conquer positions and set the trends. With the largest number of internet users, Brazil is undoubtedly an easy target if one is aiming at establishing an online gambling business.

A law from 2018 allows international businesses to operate in the country but still, there’s no regulation to provide licenses. With the highest volume among all gambling products, sports betting has the largest share. As a reference, 13 Serias A soccer teams have some kind of sponsorship with a betting house which implies that operators are investing heavily in the betting market in Brazil.

Poker, on the other hand, does not fall under any legislation which makes it a great opportunity for operators to take advantage and leverage their brand offering.

Colombia:

Colombia is the first and only Latin American jurisdiction with a complete regulation for online gambling, with virtual sports and live casinos on the line. The first license was issued in June 2017 by the Colombian gaming authority, Coljuegos. There’s a huge surge in the number of major players targeting the Colombian market in recent years. This makes it more difficult for smaller businesses to flourish but still not impossible given the fact that more and more LatAm gambling online jurisdictions are considering the possibility of legalizing it.

Other countries

Mexico, Peru, and Costa Rica have different restrictions but are still considered attractive markets that drive huge revenues from land-based or online casinos. They and can be very good destinations for developing gambling business.

*For other gambling business destinations, read more of our overview of the Indian Betting Market.

Conclusion

If you’re trying to gain traction in a region so diverse in culture, laws, and regulations you need to know that it’s not going to be smooth sailing. Although appealing to all kinds of gambling businesses the LatAm market has many intricacies which must be taken into consideration as a better understanding of all major aspects is what makes it unique and attractive.

The post LatAm Gambling Market - A growing need for regulation first appeared on Delasport.

Gambling in India – market Intro

The Indian betting market has been estimated to be worth over $100 billion, with an exceptional rise of 7% yearly. Despite being prohibited a great part of the population that has access to the internet doesn’t miss the opportunity to enjoy gambling on different sports leagues. Research in the past few years shows that this has been fuelled by the significant increase in the population’s disposable income, faster internet connection, and access to smartphones. This makes the burgeoning of the Indian betting market something well expected.

Regulations, limitations, and a bit of history

Although regulated in some states on a local level, only traditional lottery and horse racing are legal in all states, as well as games of skills like Fantasy sports, where you have a human player as an opponent rather than a bookmaker. An interesting fact is that Poker, Rummy, and Fantasy sports are considered games of skills and therefore allowed. On the other hand, games of chance are prohibited with the reasoning that the element of chance prevails.

Limitations exists also when it comes to e-casinos and venues. An Act passed in 1976 (Goa, Daman, and Diu Public Gambling Act of 1976) limits legal betting activity to five-star hotels and floating vessels, thus creating restrictions for anyone who is looking to venture into the landline and online gambling industry.

Read more about the 2021 top online casino trends

Even though Indian casinos cannot have sites that encourage online gambling such as casino, bingo, and sports betting, it is not illegal for offshore companies to have websites that focus on Indian players. The only requirement from a legal point of view – offshore companies need to offer Indian Rupees as a payment method for Indian players, which includes deposits and withdrawals. A popular payment method for eCommerce in India is NetBanking which allows integration to 61 of India’s domestic banks for access to all banking across India.

Legal side of the Indian gambling market

Despite being illegal, online sports betting in India is gaining popularity among the population considered to be the only way to place bets because bricks-and-mortar bookmakers’ shops and casinos are banned.

The consequences of illegal sports gambling are measurable with the lack of traceability of funds, huge revenue losses caused by the lack of taxation, possible corruption in sports, and match-fixing. With 60% of sports bets placed globally on the black market, it’s indisputable that India’s entire economy loses from the lack of legalization and regulation of this business market niche. It is estimated that the country loses more than $ 1.5 billion from taxes annually potentially coming from online casinos, also missing out on providing services to offshore companies.

*For other gambling business destinations, read more of our overview of the Latin American gambling market.

Off-shore story & recap

At this stage, it is hard to estimate how profitable it is for an offshore company to invest in sports gambling and online casino on the Indian betting market, considering the complexity of providing gaming regulation not only in particular states but all across the country. Statistics and research clearly show the increasing amount of funds invested in non-regulated gambling activities and the rising demand for legalized venues along with accessibility to regulated online sports betting and casino websites.

It’s in the hands of the government to initiate a change and make the best out of the current situation for both the country and its budding online gambling population. If the right decisions are made, the Indian betting market can become a financial injection of the country’s GDP.

The post The untapped Indian betting market first appeared on Delasport.

Variety of Esports opportunities

Our new Esports layout has 200+ tournaments available so you can boost your audience’s competitive spirit right into revenue. Kick-off with thousands of monthly events and hundreds of options at your disposal that you can bet on! Get coverage of 40 000+live events while continuing to push boundaries with Real-time video streams for a more engaging experience that players will love to stake on and win big!

Easy integration

Make your perfect fit with our iFrame, direct feed, or hosted Esports gambling solutions that can easily be integrated into existing platforms or be used as stand-alone options for any operator! With its new Esport layout, Delasport will help your brand reach a new source of revenue increase and to enrich your existing players’ gambling experience!

Feel free to go and see the new layout in action at one of our premium white label client’s sections specially dedicated to Esports betting.

The post Step into the game with new Esports Layout from Delasport first appeared on Delasport.

New Esports betting opportunities

Recently Delasport has launched a new layout for ESports in order to offer the best competitive product to the partners and clients, following the goal to provide the best betting experience to eSport punters. You will find everything you need to stay competitive with more than 60 000 monthly events, 40 000 live events, across 100’s of gambling markets, and over 20 titles including FIFA, NBA2K, CS: GO, DOTA2, LOL, and many more!

Enrich your knowledge on the topic and read more about the History and Evolution of Esports!

Chose the winning side!

Step into the game equipped with the best E-Sports coverage in the betting industry! Enhance your brand with an iFrame Solution, Direct Feed, Live Streaming, or Hosted Solutions and relish the new age of gaming with Delasport!

Get your demo [Here]

The post The latest in Esports betting at your fingertips with Delasport! first appeared on Delasport.