The Provincial Institute of Lotteries and Casinos of Buenos Aires (IPLyC) is at a crossroads, seeking a new leader following the resignation of its president, Omar Galdurralde. This search for leadership comes amidst a politically charged atmosphere in Argentina’s most populous province, where gambling regulation and political links are under scrutiny.
A crucial leadership vacancy emerges in Buenos Aires’ gambling sector, as IPLyC searches for a new president amid political and regulatory upheaval.
Galdurralde’s departure after three years at the IPLyC’s helm marks the end of a significant era for the province’s gambling industry. His tenure was notable for the launch of online gambling in December 2021, introducing seven international operators in partnership with local entities into the Buenos Aires market.
The province’s government, led by Peronist Axel Kicillof, is now tasked with finding a successor who can navigate the complex landscape of gambling regulation while being untainted by the political controversies that have recently plagued the region. This change comes at a time when the province’s gambling industry is intertwined with the political dynamics following allegations of money laundering against Kicillof’s cabinet chief, Martín Insaurralde.
Stay tuned to the unfolding developments in Buenos Aires’ gambling industry. The appointment of a new IPLyC president is set to have significant implications for the future of gambling regulation and operations in the province.
Insaurralde’s deep connections with the gambling sector, including his roles at the Buenos Aires Province Lottery and as the head of the National Lottery, have raised questions about the intertwining of politics and gambling in the region. His influence was evident last year when the provincial government reversed a 2016 reform that banned electronic payments at casinos and other gambling venues, a move aimed at curbing excessive gambling.
As the Buenos Aires government embarks on its search for a new IPLyC president, the candidate’s ability to balance the demands of the gambling industry with the need for ethical and transparent governance will be crucial. The decision will not only shape the direction of the province’s gambling industry but also reflect on the government’s commitment to clean and responsible administration in the face of political challenges.
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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