Softswiss GGR and bet amounts have more than doubled

Softswiss GGR and bet amounts have more than doubled

Softswiss announced that the financial results of its online casino game aggregator more than doubled in 2021 compared to the previous year.

According to the company’s early figures for 2021, the company’s average monthly GGR totaled €130 million – up from €88 million in 2020 – with average monthly bets topping €5 billion, up from €2.2 billion in the same period last year, indicating a 130% increase.

Softswiss records eventful year 

In addition, the annual GGR in January 2021 was set at €130 million, but it exceeded €250 million in December of this year. A similar rise was evident in the annual total of wagers, which nearly doubled from €3.3 billion to €6.5 billion.

Softswiss claimed that crypto accounted for approximately 40% of all its currencies in 2021, a 20% rise over 2020. Bitcoin grew the most, climbing to fifth place on the list of the most often used currencies in 2021, and remained the most popular cryptocurrency among all Softswiss game aggregator operators, accounting for 83.3 percent, followed by Ethereum at 8% and Litecoin at 3.9 percent.

Softswiss claimed that the growth in both could be attributed to its game aggregator expanding into several additional regions in 2021, including Japan, Brazil, Argentina, India, and Tunisia.

Quotes from the Press Release

“These results are a logical result of the work done by the Softswiss team over the last year to bring in new clients and partners,” stated Andrey Starovoitov, COO at Softswiss.

“Since January, we’ve more than doubled in size: 500+ professionals have joined Softswiss, affecting our end-of-year statistics. Every day, we work to produce the greatest solutions in the igaming sector in order to assist our partners in building successful businesses. I am quite pleased with the outcomes achieved and anticipate even greater success in the coming year.”

“Softswiss has long been recognized as a market leader in B2B crypto solutions, and this past year has demonstrated that once again,” Starovoitov noted. “Cryptocurrencies are a clear trend in the gambling industry, and as such, we placed a premium on their utilization in our development.

“The 2021 estimates reflect the anticipated outcome of the company’s effort to diversify its product offering with crypto assets. The Softswiss game aggregator has partnered with over 60 clients and over 20 game suppliers over the last year.”

“The prevalent pattern is that individuals have been obliged to spend a lot of time at home, including at the computer, during the protracted lockdown in 2020 and the continuing epidemic in 2021,” Tatyana Kaminskaya, head of Softswiss’ game aggregator department, summarized.

“Isolation and a decline in social interaction have contributed to an increase in demand for online entertainment. This is seen in the year-over-year increase in the number of wagers.

“In response to this trend, we sought to supply our clients with the most diversified material possible to keep their audiences engaged and interested. I can confidently state that we succeeded.”

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.