
Jan. 09, 2025: Soft2Bet, a global powerhouse in iGaming turnkey solutions, has released its Soft2Bet Growth Report for 2024, showcasing an extraordinary year of financial triumphs, market expansions, and cutting-edge innovations. With its EBITDA doubling year-over-year, the company has solidified its reputation as a leader in the fast-evolving iGaming landscape.
The Soft2Bet Growth Report outlines significant achievements, including groundbreaking product developments, compliance milestones, and industry recognition. This report offers a deep dive into Soft2Bet’s remarkable journey and its plans for the future.
For exclusive access to the Soft2Bet Growth Report, visit https://www.soft2bet.com/report
Unparalleled Market Expansion
In 2024, Soft2Bet achieved remarkable growth by securing licenses in key regulated markets, including Ontario, Mexico, Greece, and Romania. It also added three new B2C licenses in Sweden, strengthening its footprint in Europe. The company’s strategic entry into North America, beginning with New Jersey, signals its commitment to dominating the region’s rapidly growing iGaming sector. Meanwhile, a planned expansion into Spain aims to enhance its European leadership in sports betting and online casinos.
Soft2Bet also celebrated two major turnkey partnerships in Mexico and Nigeria and launched its first MEGA collaboration with a top-tier European operator.
“Our MEGA platform is transforming player engagement, setting new industry standards and unlocking sustainable growth,” said Uri Poliavich, Founder and CEO of Soft2Bet.
Financial Performance: A Year of Record-Breaking Results
Soft2Bet’s financial results in 2024 exceeded expectations. By doubling its EBITDA compared to the prior year, the company reinforced its position as a resilient and innovative market leader. Its ability to sustain growth across regulated markets highlights the strength of its operational strategy and product offerings.
Innovation Driving Success
The company’s groundbreaking Motivational Engineering Gaming Application (MEGA) and AI-powered personalization tools were game-changers in 2024. These innovations led to:
- 65% increase in Net Gaming Revenue (NGR)
- 45% rise in Average Revenue Per User (ARPU)
- 50% growth in deposit volumes
MEGA, now available as a standalone solution, empowered operators with advanced gamification and retention tools, further enhancing player engagement and loyalty.
Industry Accolades and Recognition
Soft2Bet’s relentless innovation garnered widespread acclaim in 2024, with 38 industry award nominations—a staggering 322% growth compared to the previous year. The company won 10 prestigious accolades, reflecting its commitment to excellence in product development and market expansion.
Social Responsibility and Community Impact
Soft2Bet’s CSR initiatives in 2024 reinforced its commitment to social impact. The company spearheaded nine projects, including environmental cleanups, health awareness programs, and donations exceeding €821,000 to charitable organizations. These efforts highlight Soft2Bet’s dedication to building a better future for the communities it serves.
Pioneering Industry Leadership
In September 2024, Soft2Bet was recognized with the “Outstanding Contribution to the Gaming Industry 2024” award. The company’s €50 million iGaming Innovation Fund, Soft2Bet Invest, continues to empower entrepreneurs in AI, analytics, and high-margin gaming solutions, driving transformative change across the sector.
About Soft2Bet
Soft2Bet is a trailblazer in iGaming turnkey solutions, offering state-of-the-art platforms and services tailored to the online gambling industry. With a proven track record of success, the company’s MEGA platform has revolutionized player retention and engagement. Operating in over 13 regulated markets, Soft2Bet remains committed to shaping the future of iGaming.