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

SoftSwiss is bringing 2021 to a shut on a high up note. The gamy aggregator company reports that its full-year revenue was stunt woman inwards Dec what it was inwards January.

SoftSwiss, which latterly gained accounting entry to the Hellenic language market, has delivered its financial health account for the year. It is setting the bar high up for itself, with receipts gaming revenue (GGR) sledding from €130 meg (US$147.12 million) inwards January to €250 one thousand thousand (US$292.9 million) inward December. This resulted inward a full-year GGR sum up of €88 meg (US$99.59 million).

It also reported an growth in the add up economic value of bets. This went from €3.3 billion (US$3.73 billion) to €6.5 1000000000 (US$7.35 billion). The average out monthly amount was €5 one thousand million (US$5.65 billion), to a greater extent than twice the €2.2 1000000000 (US$2.49 billion) recorded last-place year.

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

Currency of Choice Shows a Payments Paradigm Shift

For decades, gamblers didn’t feature a option when it came to how they funded their iGaming accounts. Fiat was the only if alternative available, but could follow problematic, as well. With large populations unable to get at traditional banking options, this modified an online casino’s ability to cater to certain markets. That is no yearner the case.

Cryptocurrencies get get a major element of iGaming. They are available anywhere a gambler would need to be, and don’t require a traditional bank building account. The financial written report provided past SoftSwiss shows how relevant crypto has become and the way it’s headed.

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

SoftSwiss indicated that 40% of all the currencies used this year were crypto. As with the catch one's breath of the company’s figures, crypto utilize saw a 100% year-on-year increase.

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

More growth will come in 2022. Last year, SoftSwiss added 60 clients and more than 20 gamy providers. It added more this year, and the revenue from all of the trading operations should stick on the same course of action it has been for 2021.