SoftSwiss Enjoys a Strong 2021, as GGR More than Doubles Across the Year

SoftSwiss is bringing 2021 to a closemouthed on a high up note. The spirited aggregator companion reports that its full-year revenue was double in Dec what it was in January.

SoftSwiss, which recently gained accounting entry to the Hellenic language market, has delivered its financial health account for the year. It is setting the exclude heights for itself, with gross gaming revenue (GGR) sledding from €130 jillion (US$147.12 million) in January to €250 million (US$292.9 million) inwards December. This resulted inward a full-year GGR tot of €88 billion (US$99.59 million).

It also reported an increment in the tot economic value of bets. This went from €3.3 one million million (US$3.73 billion) to €6.5 1000000000000 (US$7.35 billion). The average monthly amount was €5 one thousand million (US$5.65 billion), to a greater extent than twice the €2.2 billion (US$2.49 billion) recorded utmost year.

Much of that melioration came as a outcome of the company’s continued expansion. With iGaming always adding young ground, SoftSwiss has begun delivering new games to to a greater extent markets, including Argentina, Brazil, India, Japan, and Tunisia. Its Hellene expansion is too young to live considered for revenue purposes.

Currency of Choice Shows a Payments Paradigm Shift

For decades, gamblers didn’t experience a option when it came to how they funded their iGaming accounts. Fiat was the only when option available, but could live problematic, as well. With large populations unable to get at traditional banking options, this modified an online casino’s power to cater to sure markets. That is no more yearner the case.

Cryptocurrencies have got become a major constituent of iGaming. They are uncommitted anywhere a gambler would need to be, and don’t require a traditional camber account. The financial report provided past SoftSwiss shows how relevant crypto has become and the instruction it’s headed.

Cryptocurrencies are an obvious trend inward the play industry, so inwards our development, we set special accent on their use. The 2021 figures are the expected final result of the company’s strategy to expand its portfolio with crypto products,” explained SoftSwiss COO Andrey Starovoitov.

SoftSwiss indicated that 40% of all the currencies used this year were crypto. As with the sleep of the company’s figures, crypto enjoyment saw a 100% year-on-year increase.

Bitcoin controlled a great deal of the crypto payments at 83.3% of the segment. That assign it inwards 5th station among all currencies the aggregator accepts. Ethereum held 8% of the payments and Litecoin had 3.9%.

More maturation testament come up inward 2022. Last year, SoftSwiss added 60 clients and more than 20 gamey providers. It added more this year, and the revenue from all of the trading operations should delay on the same course of study it has been for 2021.