Aideen Shortt Unveils Curacao’s Gambling Regulatory Transformation
In this insightful episode of RTFM, we bring you exclusive revelations about the recent transformation in Curacao’s gambling regulatory landscape. Our very special guest, Aideen Shortt, an advisor to Curacao’s Minister of Finance, shares her extensive knowledge and expertise in the gambling industry, shedding light on the island’s regulatory overhaul.
A New Era for Curacao’s Gambling Licensing Regime
Aideen begins by clarifying the recent developments regarding Curacao’s gambling licensing regime, emphasizing that the LOK (Landsverordening Online Kansspelen) has not been rejected, as some reports have suggested. Instead, she provides a detailed explanation of the parliamentary process the legislation is currently undergoing, highlighting the significance of modernization.
Economic, Social, and Reputational Benefits
The discussion delves into the economic, social, and reputational advantages that these regulatory changes will bring to Curacao. Aideen underscores the importance of forward-looking legislation, as it positions Curacao as a game-changing jurisdiction in the gambling industry.
Timeline and Process for Licensees
Aideen outlines the timeline and processes for both existing and new licensees in Curacao, providing valuable insights into the transition. She also highlights the flexibility and transparency offered by the GCB (Gaming Control Board) portal, which is set to streamline operations for all stakeholders.
Draft Crypto Legislation and Expert Involvement
Perhaps one of the most exciting aspects of the conversation is the discussion of draft crypto legislation in Curacao. Aideen sheds light on how experts are actively shaping this legislation, recognizing the transformative potential it holds for the region.
Curacao’s Presence at ICE
As a final note, Aideen shares that Curacao’s Gaming Control Board will have a presence at ICE (International Casino Exhibition), inviting all attendees to visit their booth at N9-260. It’s a perfect opportunity to engage with the experts and gain a deeper understanding of Curacao’s evolving regulatory landscape.
This episode of RTFM promises a captivating journey into Curacao’s regulatory transformation, making it a must-listen for anyone interested in the future of the gambling industry and the role of forward-looking legislation in shaping it.
SOFTSWISS Jackpot Aggregator Sees 2.6x Surge in Bets: 2023 Report
In a dynamic year for the iGaming industry, the SOFTSWISS Jackpot Aggregator has released its 2023 report, offering insights into significant trends and achievements.
Notably, the report reveals a staggering 2.6 times increase in bets participating in jackpots, shedding light on the growing appeal of these mechanics among operators and players alike.
A Year of Remarkable Growth
Throughout 2023, bets participating in jackpots experienced consistent quarterly growth, witnessing a remarkable 165% increase from January to December. By the end of the year, the total value of these bets had surged to an impressive 6.396 billion euros. Moreover, the number of jackpot campaigns witnessed a substantial growth of 3.8 times compared to the previous year, totaling 230 campaigns.
Expanding Reach and Impact
One of the standout achievements of 2023 was the expansion of the Jackpot Aggregator’s footprint. The number of brands utilizing its jackpot solution tripled within the year, culminating in over 70 active brands by year-end. This surge in adoption reflects a heightened level of market trust and interest in the product.
Introducing the Prime Jackpot Campaign
A significant milestone of 2023 was the introduction of the Prime Jackpot campaign, which debuted in Q4. This innovative feature garnered considerable attention and interest from players across various casinos. The Prime Jackpot campaign allows operators to participate in shared prize pools, ensuring that rewards are drawn from the collective pool rather than from a specific brand operator. This approach not only offers larger rewards to attract more players but also enhances player engagement and loyalty while optimizing operational costs for operators.
Insights from SOFTSWISS
Aliaksei Douhin, Head of SOFTSWISS Jackpot Aggregator, shared his insights into the year’s achievements. He emphasized the noticeable increase in clients and connected casino brands, as well as the growing volume and value of bets in jackpots. He expressed satisfaction in witnessing clients actively embracing the Jackpot Aggregator and recognizing the added value it brings to their brand operations. The solution empowers operators to provide players with enhanced gaming experiences and more enticing winnings. Client feedback is actively collected and analyzed to ensure clients have access to the most sought-after tools and mechanics.
Looking Ahead to 2024
In 2024, the SOFTSWISS Jackpot Aggregator is set to extend its reach to a wider spectrum of clients. This expansion will be guided by a customized approach, ensuring that each client can tailor the product’s capabilities to meet their specific requirements.
Meet SOFTSWISS at ICE London
The SOFTSWISS Jackpot Aggregator team will be present at ICE London from February 6th to 8th, 2024. They are ready to showcase their latest advancements and engage in discussions with existing and potential clients.
SOFTSWISS is a renowned international iGaming company that offers certified software solutions for managing gambling operations. With a dedicated team of over 2000 employees spread across Malta, Poland, and Georgia, SOFTSWISS holds multiple gaming licenses and provides comprehensive iGaming software solutions. Their diverse product portfolio includes the Online Casino Platform, the Game Aggregator featuring thousands of casino games, the Affilka affiliate platform, the Sportsbook software, and the Jackpot Aggregator. In 2013, SOFTSWISS made history by introducing the world’s first Bitcoin-optimized online casino solution.
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