In recent years, the iGaming industry has been one of the most competitive fields, and software providers play a major role. We’ll discuss the importance of game developers and providers and their influence on the online casino industry.
The Importance of Casino Software Providers
New technology and online casinos go hand in hand. Online casinos are not the only segment in which the industry is spreading – there are brand-new software providers too. How do the game providers come into play?
Software providers are the backbone of online gaming platforms. They deliver the full gaming package – mobile optimization, game features, RNG software, and some even offer progressive jackpot networks. The games need to be reliable and safe, which is why you know you’re in good hands when you see a popular provider powering your online casino.
Microgaming
Microgaming is a pioneer in the online casino industry, and this is possibly why the platforms reached their popularity so fast. It is a privately owned company that released the first online casino software in 1994. Today, they develop casino platform systems, sports betting products, and games.
The company’s main projects are mobile online betting, which they introduced in 2004, and the Microgaming Viper casino software. The Viper package allows bonuses, autoplay, demo mode, and game features, something that makes games way more appealing.
Microgaming is also known for setting a record for the largest online casino payout, over £5.7 million by their progressive slot Mega Moolah.
Recent Updates
Microgaming’s new releases include Dungeons and Diamonds, Gold Collector: Diamond Edition with its Link & Win feature, and Vegas Cash. Some of these gems are developed through partnerships with PearFiction Studios, All41 Studios, and Alchemy Gaming.
At the beginning of 2022, we saw the company launch into the newly established Ontario gambling market after entering the Buenos Aires iGaming market in late 2022.
Net Entertainment
Founded in 1996 in Stockholm, NetEnt is up to pair with Microgaming when it comes to iGaming innovations. The revenue of this multi-award-winning casino developer has reached over £1.7 billion.
One of the company’s biggest projects is its slot releases, featuring popular titles such as Gonzo’s Quests, Starburst, and Dead or Alive 2. NetEnt’s systems handled 58.3 billion gaming transactions in 2019 alone, as they cover over 200+ online gaming operators worldwide.
Newest Projects
The merger deal with Evolution Gaming stabilized the company and allowed it to enter new projects with bigger goals. They’ve recently launched a few new titles, such as Cornelius and Bee Hive Bonanza, entered the Dutch online gambling market through Holland Casino, and partnered up with Supabets.
Evolution Gaming
Evolution Gaming is a leading B2B provider that revolutionized online gambling. The company introduced live casino studios, allowing players to interact with real croupiers from their desktop and mobile screens. The current revenue was approximated at £1.2 billion.
Founded in 2006, their vision is to become the world-leading provider of online casinos. Evolution received its first international industry awards in 2010 and launched mobile gaming in 2012. In 2013, they opened the 100th live table, becoming the largest single-site casino operator in Europe.
Latest News & Releases
They’ve announced an exhibit at G2E Las Vegas 2022, showcasing its premium lineup. Previously, Evolution launched a bingo-style live game and live craps across the US. The company was also the first one to launch a live slot with VR mode.
Their latest acquisition was Digwheel, coming up after NetEnt and Red Tiger.
Playtech
Playtech was founded in 1993 with headquarters at Douglas, Isle of Man. The company provides various software for online casinos, poker, bingo, and scratch cards, available for mobile gaming. Playtech’s revenue is estimated at over £1,000 million.
One of their biggest projects was acquiring PokerStrategy.com, which is among the largest poker communities. They’ve also acquired Aristocrat Leisure Limited and YoYo Games.
Playtech’s Most Important Projects
Playtech’s boldest move was acquiring Quickspin and getting a licensing contract with Warner Bros after the expiration of their deal with Marvel Comics. The company made its debut in the US market in August 2020 via Bet365 New Jersey and started exploring a potential sale of its trading technology division to TradeTech.
To this day, they are the market leaders in omnichannel gambling.
BetSoft
BetSoft is another premium omnichannel solution provider that specializes in 3D cinematographic presentation. In fact, this is what the company is best known for across the online casino industry, with a revenue of over £25 million.
BetSoft is a company founded in 1999 that is now certified by more than 15 regulators. They became famous for their ToGo collection in 2012 and started building mobile adaptable games in 2016.
What Type of Games Does BetSoft Provide?
Apart from their famous 3D slot releases, such as Tiger’s Claw, Take the Bank, and The Golden Owl of Athena, the company has released top-notch blackjack, roulette, and crap variants.
Red Tiger Gaming
Red Tiger Gaming is yet another leading software casino provider that Evolution has acquired.
The company was founded in 2014 and became famous for its Daily Jackpot feature. Today, their yearly revenue is approximated at £100 million.
The company is regulated in 4 jurisdictions and has received 15 rewards. Red Tiger Gaming is currently partnered with PaddyPower, BetVictor, PokerStars, Betfair, WilliamHill, and Casumo, among others.
Latest Announcements
Red Tiger Gaming released a new fishing-themed slot Bass Boss that became a quick favorite among players soon after launching 10,001 Nights Megaways. The company also made its debut on ATG and shortly after released Narcos Mexico.
Marks of a Successful Provider
The first signal that a provider is established or maybe on-the-rise is the free spins bonus offers. If you’ve visited more than a few casinos, you’ve probably noticed that they offer free spins promotions listed for particular games – you can thank the providers for the opportunity.
Apart from bonuses, you’ll see many tournaments hosted by famous software providers, which speaks of their success. Moreover, the progressive jackpot networks are also hosted by the game providers.
Being certified by eCORGA and licensed in multiple jurisdictions, including the UK, is perhaps the best signal that the provider is trustworthy and reputable.
In recent years, the iGaming industry has been one of the most competitive fields, and software providers play a major role. We’ll discuss the importance of game developers and providers and their influence on the online casino industry.
