Market Growth and Expansion
Soft2Bet, a leading B2B iGaming solutions provider, has unveiled its Soft2Bet Investigation Report 2024, highlighting major financial growth, regulatory expansion, and product innovations. The company reported a doubled EBITDA, increased revenue, and strategic expansion across regulated markets in Europe, North America, and beyond.
Key licensing achievements include:
- Ontario & Mexico – Secured B2C licenses for direct market engagement.
- Sweden – Expanded Scandinavian operations with three new B2C licenses.
- Greece & Romania – Obtained B2B licenses to service local operators.
- United States – Advancing entry into New Jersey, reinforcing North American ambitions.
- Spain – Received a general gaming license from DGOJ, allowing casino operations.
Additionally, Soft2Bet secured two major turnkey deals in Mexico and Nigeria and signed its first MEGA partnership with a leading European operator.
Financial Success & Product Innovation
Soft2Bet’s strategic expansion contributed to an impressive EBITDA increase, reinforcing its dominance in regulated iGaming markets. The company continues to push technological boundaries with its Motivational Engineering Gaming Application (MEGA), an AI-driven gamification tool.
MEGA has significantly impacted:
- +65% Net Gaming Revenue (NGR)
- +45% Average Revenue Per User (ARPU)
- +50% deposit volume growth
By leveraging Soft2Bet Investigation insights, the company remains at the forefront of iGaming technology, driving engagement, retention, and revenue growth.
Industry Recognition & CSR Initiatives
Soft2Bet gained 38 award nominations in 2024, securing 10 prestigious industry accolades, including at the SBC Awards in Lisbon. The company also launched nine CSR projects, supporting NGOs and donating €1 million to social causes.
Soft2Bet Invest: Fueling iGaming Innovation
In June 2024, Soft2Bet introduced Soft2Bet Invest, a €50 million Innovation Fund for startups in AI, gaming software, and UX analytics. This initiative won the “Outstanding Contribution to the Gaming Industry 2024” award at SiGMA East Europe.
About Soft2Bet
As a top-tier iGaming solutions provider, Soft2Bet operates across 13+ licensed markets, offering advanced casino and sportsbook platforms.
