SoftSwiss Enjoys a Strong 2021, as GGR More than Doubles Across the Year

SoftSwiss is bringing 2021 to a confining on a richly note. The gamey aggregator fellowship reports that its full-year revenue was threefold inward Dec what it was inwards January.

SoftSwiss, which latterly gained accounting entry to the Hellenic language market, has delivered its financial wellness news report for the year. It is scope the debar heights for itself, with porcine gaming revenue (GGR) going from €130 billion (US$147.12 million) inward January to €250 meg (US$292.9 million) inward December. This resulted inward a full-year GGR amount of €88 one thousand thousand (US$99.59 million).

It also reported an increase inward the summate note value of bets. This went from €3.3 one thousand million (US$3.73 billion) to €6.5 one thousand million (US$7.35 billion). The mediocre monthly amount was €5 1000000000000 (US$5.65 billion), more than twice the €2.2 1000000000000 (US$2.49 billion) recorded finally year.

Much of that advance came as a final result of the company’s continued expansion. With iGaming always adding unexampled ground, SoftSwiss has begun delivering unexampled games to more markets, including Argentina, Brazil, India, Japan, and Tunisia. Its Greek enlargement is too young to live considered for revenue purposes.

Currency of Choice Shows a Payments Paradigm Shift

For decades, gamblers didn’t experience a quality when it came to how they funded their iGaming accounts. Fiat was the only choice available, but could live problematic, as well. With large populations unable to memory access traditional banking options, this modified an online casino’s ability to cater to sure markets. That is no more longer the case.

Cryptocurrencies feature become a major element of iGaming. They are useable anywhere a gambler would need to be, and don’t require a traditional cant account. The financial story provided past SoftSwiss shows how relevant crypto has get and the instruction it’s headed.

Cryptocurrencies are an obvious trend in the gaming industry, so in our development, we put special emphasis on their use. The 2021 figures are the expected final result of the company’s strategy to spread out its portfolio with crypto products,” explained SoftSwiss COO Andrey Starovoitov.

SoftSwiss indicated that 40% of all the currencies used this yr were crypto. As with the sleep of the company’s figures, crypto employ saw a 100% year-on-year increase.

Bitcoin controlled practically of the crypto payments at 83.3% of the segment. That place it inwards fifth shoes among all currencies the aggregator accepts. Ethereum held 8% of the payments and Litecoin had 3.9%.

More development testament come in 2022. Last year, SoftSwiss added 60 clients and more than 20 mettlesome providers. It added to a greater extent this year, and the revenue from all of the trading operations should remain on the same course it has been for 2021.