Prepare to explore a transformative alliance that’s reshaping the gaming and sports betting landscape. In an industry where success hinges on the right blend of innovation, expertise, and specialized solutions, Quixant emerges as the game-changer. Dive into a world where gaming cabinets and sports betting kiosks are revolutionized, where industry focus reigns supreme, and where Quixant, with its dedicated commitment, is rewriting the rules. Join us on a journey through the realm of a partner like no other, where every move is calculated, and every product is a masterpiece.
In the realm of gaming cabinets and sports betting kiosks, where innovation is currency, and success is non-negotiable, finding the right partner can be the difference between ordinary and extraordinary. It’s a world where priorities range from crafting captivating content to optimizing cutting-edge hardware platforms and software solutions, a world where staying ahead is both the goal and the challenge. In this dynamic environment, Quixant, with its unwavering commitment and industry-focused approach, emerges as the beacon of transformation.
As the gaming industry, particularly land-based establishments, recovers from its most formidable challenges, it’s clear that resilience and adaptability are the keys to survival. The COVID-19 pandemic may be in the rearview mirror, but its economic aftershocks, particularly the global wave of inflation, continue to reverberate. Rising energy costs and a mounting cost-of-living crisis have placed the hospitality, entertainment, and gaming sectors under immense pressure.
Despite these ongoing challenges, the North American and European land-based gaming markets have displayed remarkable resilience. Gross gaming revenue has rebounded, surpassing or closely matching pre-pandemic levels of 2019. In the United States, commercial casino land-based slot gross gaming revenue even reached an all-time high in 2022, surpassing $34 billion. The industry’s vigor is further exemplified by MGM Resorts International, reporting record revenue for the third quarter of 2023, primarily driven by substantial casino earnings, indicating no signs of slowing down.
Yet, amidst the recovery, the relentless surge in costs across the hospitality and entertainment sectors demands careful management of expenses. This critical juncture underscores the significance of reliable suppliers that offer not only value for money but also vital services. Suppliers must be lean, efficient, and attuned to the unique challenges faced by casinos and land-based establishments.
For Duncan Faithfull, the Chief Commercial Officer at Quixant, an industry-specific technology solutions provider, this industry focus is the linchpin of success. Quixant specializes exclusively in gaming and sports betting, positioning itself as a guardian of the industry’s prosperity.
Faithfull explains, “We invest all of our efforts, resources, and R&D into providing the best solutions for the gaming and sports betting sector. Our competitors focus on multiple verticals, dedicating limited resources to these industries. Our commitment and dedication to the gaming and sports betting industries are what set us apart from our competitors and enable us to provide game-changing, specialist solutions and exceptional customer experiences to all of our clients.”
In an era where delivering the right products to players at the right cost is paramount, game developers and operators need a hardware partner capable of seamlessly bridging the gap. Quixant, as the market leader in outsourced hardware solutions for the global gaming and sports betting market, strives to meet these demands with a diverse array of products.
Quixant’s hardware product portfolio comprises three core ranges: IQ, IQON, and QMAX. These platforms cater to various power, performance, market, and cost requirements, ensuring a versatile selection for partners. Furthermore, Quixant’s global supply chains translate into reduced costs and lead times, a critical advantage in these challenging times.
Recognizing the ever-evolving industry demands, Quixant has expanded its hardware range to incorporate two Intel-based options, complementing its existing AMD offerings. The IQON 2, powered by Intel, introduces new features and benefits, designed for the rapid development and delivery of immersive game content and sports betting experiences. On the other hand, the QMAX 3, unveiled at ICE earlier this year, is engineered to deliver the highest resolution content, the smoothest gameplay, and the ultimate player experience.
Complementing its hardware offerings, Quixant boasts a range of cabinets and kiosks, including Quantum for gaming and Qinetic for sports betting, available in various display configurations to effectively showcase customers’ gaming content or sportsbooks. Moreover, Quixant’s Software Suite aligns seamlessly with the gaming and sports betting industries’ requirements, enhancing the customer experience and enabling clients to focus on optimizing content.
Faithfull emphasizes, “We work effectively with gaming and sportsbook manufacturers to deliver their content in the most vivid way, allowing them to focus their time on creating unique content. We strive to revolutionize the customer experience and have included our Software Suite solutions as standard across all of our platforms, enhancing the customer experience further.”
In a business landscape fraught with uncertainty, the value of trusted partnerships cannot be overstated. Quixant, armed with over two decades of industry experience, aims to provide an even more comprehensive service to its clients. Beyond supplying premium hardware platforms, cabinets, and kiosks, Quixant positions itself as an extension of its clients’ teams, offering consultancy services focused on achieving success.
“As we have been in the industry for over 20 years, we have developed a wealth of skills, knowledge, and experience, and this is what formed the foundation of our consultancy services,” Faithfull explains. “We truly believe in the power of partnerships and believe we can provide a lot of value to our customers through our consultancy services, global supply chain solutions, and revolutionary product range.”
Clients engaging with Quixant can expect a holistic, 360-degree relationship, encompassing every facet of their needs. From guidance on product solutions to support throughout the entire product development journey, Quixant strives to help clients integrate all elements of their products, enhancing the performance of Quixant solutions.
Looking ahead, Quixant recognizes the vast potential of the Latin American (LatAm) gaming market, an exciting frontier for industry growth. As operators and game developers explore this lucrative region, Quixant is uniquely positioned with its long-established global supply chains, operations, and industry partnerships. The company has extended its presence to Latin America, complete with a dedicated team proficient in English, Spanish, and Portuguese, to navigate local regulations and minimize lead times.
Faithfull states, “We believe that the LatAm markets offer significant growth potential for land-based gaming. Many of our customers are looking to expand and grow in this region, so we believe it is critical to have a team of English, Spanish, and Portuguese speakers, dedicated to this market, to understand local regulations and how supply chains work to minimize lead times. With the environment in Brazil slowly evolving, our clients are eager to seize the opportunity to target this market, and we are ready with a supply chain solution which will give a real market advantage to our customers.”
In a world where mutually beneficial partnerships are key to thriving in the post-COVID-19 era and amid economic challenges, Quixant stands as a steadfast ally. As operators cast their gaze toward 2024, Quixant is poised to unveil new technological advancements, building upon a successful year of expansion and innovation.
Faithfull concludes, “2023 has been a successful year for Quixant. Despite the global economic headwinds, we have made significant progress this year; not just financially, but also with the expansion of our product range, with the launch of the new Intel-based IQON and QMAX, as well as our turnkey cabinet solutions. We look forward to unveiling another exciting Intel-based product at ICE 2024.”
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.
Endorphina Ventures into Peru’s Thriving iGaming Market
Maryland Bill Seeks to Ban Online Gambling on College Campuses
Dutch Regulator Intensifies Supervision in 2024 to Ensure Safe Gambling
Massachusetts Gaming Commission Fines Encore Boston Harbor $40,000a
EGBA Welcomes European AML Authority’s Frankfurt Base Decision
NetBet Strengthens Danish Presence with Hacksaw Gaming Partnership
188Bet Embracing the Philippines’ Gaming Landscape
Frankfurt Chosen as Headquarters for European AMLA
Gambling Commission Trials Financial Risk Checks
Gibraltar Emerges Victorious from the FATF Grey List
Curacao’s Online Gambling Industry in Limbo: Parliament Rejects LOK Law
UKGC Problem gambling stats indicate minimal change
Gaming revenue in Nevada hits $1.24 billion in February
Danish regulator is collaborating with Facebook to tackle the problem of illegal gambling activities
Responsible Gambling Council RG Check accreditation awarded to BetMGM
Betsson has obtained its third regional license in Argentina
Irish Labour Party repeats call for ban on gambling ads
Today marks the opening of the temporary sportsbook at Potawatomi Hotel & Casino
Lottstift, the Norwegian gambling regulator to launch tender for gambling helpline
North Carolina’s House approved sports betting bill heads to Senate.
EMEA4 days ago
BOS Opposes Swedish Gov’s Credit Card Ban
Finance4 days ago
Illinois Governor Proposes Dramatic Increase in Sports Betting Tax
EMEA3 hours ago
Dutch Regulator Intensifies Supervision in 2024 to Ensure Safe Gambling
EMEA2 days ago
GGL Urges Federal Ministry of Justice to Reevaluate Proposed Reforms