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Is Investing in Online Gambling Still Viable?

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Photo by Adeolu Eletu on Unsplash

 

It is not hard to realize why many have noticed the online gambling industry when it comes to investments. With growth over 224% in the US, it is hard to miss such a boom. But, many people question if investing in online gambling is still viable or has the train passed for the biggest winners.

The answer mainly depends on if the investor is planning to get rich quick or to establish him or herself in the industry. For the former, regretfully the peak has already passed if doctors and governments are to be trusted.

But, if you want to make a high-quality business that will bring regular growth and pay regular dividends, the so-called iGaming industry is the place to be right now. Even if the growth of the market slows down, it will not stop.

This is because the three main comparative advantages of online gambling will still be present even after people are allowed to visit brick and mortar establishments:

  1. Low regular overhead
  2. Access to global markets
  3. Ensured advantage

And the last point might be the most important if you are a concentrated investor. The superior stability of online gambling compared to regular casinos makes it much easier to plan your business, as well as borrow against the company.

Don’t Expect 2020 to Repeat

Investing now and expecting to triple your investment by this time next year would be very unwise. While substantial growth is possible, some normalization of the curve is to be expected.

By all accounts, a vaccine against the current pandemic is expected to arrive in early 2021, with the effects taking in by the spring of next year. This will mean that fewer people will spend time indoors, thus less time gaming on phones, tablets, and computers.

Still, most of the current user base is expected to remain and new users will join in as the word of mouth spreads globally. This makes a perfect chance for someone, especially if offering niche-specific services, to swoop in and fill that market.

Enough Players for Everybody

There is no territorial competition when it comes to online gambling. With the number of players entering and the demand for online gambling rising, the competition is very fair and very open between casino operators. This makes a very relaxed atmosphere if you are a new investor in the industry. Of course in some markets like Australia the players spend more on average than in markets like Romania so competition there is a bit more saturated.

But, keeping players on your platform as well as standing out will be difficult. Finding modes to increase your offering and improve your services will be crucial if you want to remain relevant and growing.

High-Entry / Low-Maintenance

With some new legislation that will be affecting both Malta and Curacao, the industry will probably become even cleaner. But, the licenses will become more expensive, which may dissuade smaller investors from chipping in.

Namely, the old Curacao license, usually taken out by new operators, will now cost roughly $120.000, which is a steep increase from the $35.000 which was the price so far and will be until January 1st, 2021.

But, for those who have the funds, this is where major expenses end and where income begins. As the costs for operations, security, services, and technical support all scale with the level of business, you will rarely find yourself bleeding funds in any way.

Generally, if you can make an arrangement with game developers for pay-to-play terms, you can have a very secure income with minimal expenses and only a basic payroll staff.

New Curacao License

While still being valued as a license that ensures trust and safety from the operator, Curacao has been seen as the ‘second-best’ for a very long time. This is because the rules for obtaining, as well as oversight, was much more relaxed than for the Malta GC license.

But, with the new deal made between Curacao and the Dutch authorities back in Europe, the value and price of this license will rise quite a bit.

For those who had the papers this year, the ~$85.000 increase won’t be an issue, but it might be for new operators looking to open an online gambling business in 2021.

Malta is the Gold Standard

A license provided by the Malta Gaming Commission is still the golden standard when it comes to online gambling. The rules now planned by Curacao have been enforced in Malta since 2009, and even new players are familiar with the significance of having such a document.

But, for many operators, this type of clearance is not necessary. If you don’t want to market towards EU players and don’t plan on predatory tactics in the first place, you may use the Curacao license and save some money initially.

Later, when you have your business established and your investment relatively secure, you can always take the Malta license as well and try to reel in some bigger whales that are hiding all over the world.

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Affiliate Success

Affiliate Roulette Scores Big with Dual Nominations at iGB Affiliate Awards 2024

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Affiliate Roulette Scores Big with Dual Nominations at iGB Affiliate Awards 2024

 

In the fast-paced world of iGaming affiliate marketing, one platform is causing quite a stir. Affiliate Roulette, a relative newcomer to the scene, has earned not one but two coveted nominations for the upcoming iGB Affiliate Awards 2024. This groundbreaking achievement positions them as a force to be reckoned with in the industry.

 

A Vision Transformed into Reality

Affiliate Roulette was launched with a clear vision: to redefine the iGaming Affiliate industry. In just a short time, they have set a new standard by creating a unique space for Affiliates and Operators to interact, market, and build trustworthy relationships. Their innovative approach is inspired by the efficiency of Trustpilot but goes far beyond traditional review sites.

 

Changing the Game for Operators and Affiliates

Affiliate Roulette isn’t just another review site; it’s a dynamic, community-driven hub. They’re transforming the landscape for both Operators and Affiliates:

 

For Operators:

  • Rate and Review Affiliates: Gain valuable insights from firsthand experiences.
  • KPI Analysis: Share and learn about key performance indicators like ROI and FTDs.
  • Efficient Searches: Find the perfect affiliate match from their extensive directory.
  • Scam Protection: Verify affiliate profiles and histories.
  • Interactive Features: Engage in live chatrooms for discussions and feedback.
  • Featured Positions: Increase visibility to potential affiliates.

 

For Affiliates:

  • Free Marketing: Showcase your brand directly to Operators.
  • Build Reputation: Encourage reviews to establish trust and credibility.
  • Direct Negotiations: Collaborate closely with Operators, bypassing expensive networks.
  • Affiliate Roulette Seal of Trust: A symbol of excellent performance and reliability.
  • Visibility Boost: Claim featured spots for enhanced exposure.

 

A Built on Experience and Trust

Affiliate Roulette’s founder brought over five years of iGaming industry experience to the table, aiming to bridge the gap between Operators and Affiliates. Their vision quickly became a reality, evident in their impressive launch figures: over 1000 Affiliate Profiles and 50+ rankings and reviews in just two months.

 

Celebrating Success and Looking Ahead

As part of their strategic approach to solidify their industry position, Affiliate Roulette proudly sponsored the Sigma Europe Summit 2023 from November 13th to 17th. This event provided them with a platform to showcase their innovative approach and connect with industry leaders.

 

Cost-Effective and User-Friendly

Affiliate Roulette offers free membership for Operators and their Affiliate Managers, with a basic company profile for Affiliates also available at no cost. For those seeking greater visibility, premium services and featured spots are available for a nominal fee.

 

Transforming the Industry

The dual nominations for the iGB Affiliate Awards are a testament to Affiliate Roulette’s commitment to transforming the iGaming affiliate industry. With a user-friendly interface, community-centric approach, and a presence at the Sigma Europe Summit 2023, Affiliate Roulette is not just bridging gaps but also paving the way for a new era of collaboration and success.

Join Affiliate Roulette in celebrating this remarkable achievement and stay tuned for more exciting developments from this rising star in the world of iGaming affiliate marketing.

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iGB Affiliate announce One Hundred Shoreditch as new HQ Hotel

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iGB Affiliate announce One Hundred Shoreditch as new HQ Hotel

 

The organising team responsible for iGB Affiliate has announced One Hundred Shoreditch as its new HQ Hotel for February’s event (6-9 February, ExCeL London).

Located in a prominent position on fashionable Shoreditch High Street, One Hundred Shoreditch is an acclaimed independent 258 room hotel offering a choice of places to eat and drink including Seed Library, an attractive rooftop bar and terrace offering panoramic views of the London skyline, a coffee shop, and the Lobby Bar which hosts a curated programme of weekly DJs alongside £10 cocktails. The venue offers five meeting and event spaces including the floor-to-ceiling glass One Hundred Room.

Announcing the new HQ Hotel, iGB Affiliate’s Naomi Barton said: “We were looking for a hotel close to ExCeL and that would connect with the unique personality of the Affiliate community.

“I have to say that One Hundred Shoreditch could have been designed with affiliates in mind! It’s as sassy as hell with great facilities, a roof top bar with amazing views of East London and it’s situated in the social heart of the vibrant East End. The bedrooms and suites provide headspace and calm in contrast to the energy of the ultra-cool hotel bars.

“I am confident One Hundred Shoreditch will resonate with show attendees – it will allow guests to socialise, network and hang out together, continuing the unique iGB Affiliate experience.  We have secured 150 rooms which will be allocated on a first come, first served basis, so book now and don’t miss out on the chance to be with your peers and friends!”

She added: “The 2024 edition of iGB Affiliate will be the last held in London prior to our relocation to Barcelona the following year. As a consequence, there will be an iGB Affiliate ‘Farewell to London’ party like no other and we will be celebrating alongside our sister show ICE to ensure that we deliver something exceptional. The farewell party, iGB Affiliate Awards and our new Hotel HQ are all part of the social and networking opportunities which are pivotal to the show experience and make iGB Affiliate so special”.

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Navigating the Challenges: The Impact of UKGC Regulations on UK Casino Affiliates

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The United Kingdom Gambling Commission (UKGC) has been instrumental in shaping the landscape of gambling in the UK, including the realm of online casinos and their affiliates. While the primary aim of UKGC regulations is to ensure safe and responsible gambling, these regulations have presented significant challenges for casino affiliates in the UK. This article explores how the UKGC’s regulations have affected UK casino affiliates, focusing on the experiences of platforms like Fruity Slots.

Stricter Advertising Guidelines

One of the key areas where UKGC regulations have impacted casino affiliates is in advertising. The UKGC has implemented stringent guidelines to ensure that gambling advertising is responsible and does not mislead or exploit vulnerable individuals. For casino affiliates, this means adhering to strict standards in terms of the content and presentation of promotional materials, which can limit the scope and creativity of marketing strategies.

Enhanced Due Diligence Requirements

The UKGC requires casino affiliates to conduct thorough due diligence to ensure that the casinos they promote are compliant with licensing requirements. This increased scrutiny means affiliates must invest more time and resources into vetting casinos, a process that can be both time-consuming and complex.

Responsibility in Promoting Safe Gambling

Casino affiliates are also required to promote safe gambling practices actively. This includes providing clear information on the risks associated with gambling, as well as links to resources for help and support. While promoting responsible gambling is crucial, it adds an additional layer of responsibility and complexity to the operations of casino affiliates.

The Challenge of Compliance

Keeping up with the constantly evolving UKGC regulations poses a significant challenge for casino affiliates. Compliance requires ongoing monitoring and adaptation, which can be resource-intensive. Affiliates must stay abreast of regulatory changes and adjust their operations accordingly, often necessitating legal expertise and increased operational costs.

Impact on Revenue Streams

The UKGC’s regulations have also impacted the revenue models of casino affiliates. With tighter controls and increased compliance costs, the profitability of affiliate marketing in the gambling sector has been affected. Affiliates must find a balance between compliance and commercial viability, which can be a delicate and challenging endeavour.

The Burden of Compliance and its Impact on Innovation

One significant impact of the UKGC’s stringent regulations on casino affiliates is the potential stifling of innovation. The need to remain compliant often requires affiliates to prioritise regulatory demands over creative marketing and innovative strategies. This focus can limit the ability of affiliates to experiment with new and engaging ways to attract and retain players, ultimately impacting the diversity and richness of the online gambling experience.

Increased Operational Costs

The stringent regulations set forth by the UKGC have led to increased operational costs for casino affiliates. Compliance requires not only a significant investment of time but also financial resources to ensure all aspects of the affiliate’s operation meet regulatory standards. These costs can be particularly burdensome for smaller affiliates, who may struggle to allocate the necessary resources towards compliance while maintaining profitability.

Enhanced Player Protection – A Double-Edged Sword

While the primary objective of UKGC regulations is to enhance player protection, this focus also presents a complex scenario for casino affiliates. On the one hand, these regulations help build a safer and more trustworthy online gambling environment, which can attract more players in the long run. On the other hand, the stringent rules can limit the ways affiliates interact with and engage players, potentially impacting the effectiveness of marketing campaigns and player acquisition strategies.

The Challenge of Maintaining Competitive Edge

In an industry as competitive as online gambling, maintaining a competitive edge is crucial for survival and growth. The UKGC’s regulations have created an environment where casino affiliates must continuously innovate within the confines of compliance to stay ahead. This necessity for balancing innovation with regulation demands a strategic approach and often requires affiliates to be more agile and adaptable in their operations.

Navigating the Evolving Regulatory Landscape

The regulatory landscape overseen by the UKGC is not static; it evolves in response to industry trends, technological advancements, and societal concerns. Casino affiliates, therefore, face the ongoing challenge of adapting to these changes. Keeping abreast of new regulations, understanding their implications, and implementing necessary changes in a timely manner are critical for continued operation and success in the UK market.

Fruity Slots: A Model of Compliance and Adaptation

In the midst of these challenges, Fruity Slots stands out as a model of compliance and adaptation. By continuously updating their practices in line with UKGC guidelines, they manage to offer a comprehensive platform that recommends slots and the best UK lottery sites, keeping the player’s safety and enjoyment at the forefront. Their ability to adapt and evolve in this regulated environment is commendable and serves as a benchmark for other casino affiliates in the industry.

The impact of UKGC regulations on UK casino affiliates is profound, encompassing increased compliance burdens, higher operational costs, and the challenge of maintaining innovation and competitiveness. Despite these hurdles, affiliates like Fruity Slots demonstrate that it is possible to navigate this complex landscape successfully. Their commitment to compliance, coupled with a focus on player safety and satisfaction, ensures that they continue to provide valuable services to both casinos and players in the UK gambling market.

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