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Betby Aims for Continued Growth and Market Expansion After Stellar 2023

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Following a triumphant 2023 that culminated in Betby winning the prestigious “Best Online Sportsbook” award at the SiGMA Europe Awards, the innovative sportsbook provider is determined to keep the momentum going in 2024.

Betby seeks to maintain its impressive growth in terms of revenue, Gross Gaming Revenue (GGR), and expansion into new markets.

Impressive Growth Figures

Betby, under the leadership of CEO Leonid Pertsovskiy, achieved phenomenal growth in 2023, with a remarkable 270% increase in revenue and a nearly 250% surge in Gross Gaming Revenue (GGR) compared to the previous year. This outstanding performance underscores Betby’s commitment to delivering top-quality services and products to the iGaming industry.

Expanding Market Footprint

While preserving its upward trajectory remains a priority, Betby also has its sights set on further expanding its market presence. Pertsovskiy emphasized their objective to enter regulated European markets, with ongoing efforts to obtain the necessary licenses and certifications. He acknowledged the complexities of this process, which involve meeting stringent requirements set by national regulators.

Global Expansion Plans

Betby’s growth ambitions extend beyond Europe. The company is gearing up for global expansion, with a particular focus on the Latin American market. In Latin America, Betby aims to position itself as the premier sportsbook provider, catering to the region’s diverse and growing audience of sports betting enthusiasts.

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Innovative Offerings at ICE London

Betby is poised to showcase its cutting-edge sportsbook solution at ICE London, where it will also unveil a portfolio of AI-based tools. These tools are designed to address critical aspects of the sportsbook industry, including churn and LTV prediction, risk management automation, sportsbook personalization, and prompt-based business intelligence reporting.

Betby extends a warm invitation to operators to visit their booth at S1-130 during ICE London. Attendees will have the opportunity to engage with Betby’s team, witness live demonstrations, and gain insights into how the company is shaping the future of the sportsbook industry.

Betby’s stellar growth in 2023 and its ambitious plans for 2024 signify a dynamic and forward-thinking presence in the iGaming sector. As it continues to push boundaries and expand into new territories, Betby remains a force to be reckoned with in the world of sports betting.

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Following the completion of her master's degree in publishing and writing, Amanda embarked on her professional journey as an online editor for a prominent gaming blog. Now, she has smoothly transitioned into the iGaming industry, where she plays a vital role in upholding the highest standards of writing in our news pieces. Working closely with senior management, Amanda ensures that our content meets the utmost quality standards.

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