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SOFTSWISS and CoinsPaid Share Insights on Cryptogambling Growth
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SoftSwiss Game Aggregator shares Q1 2021 crypto gambling insights
7th May 2021
| By SoftSwiss
Crypto turnover increases its share from 6% at the end of Q120 to 26% in Q121
The recently released SoftSwiss Game Aggregator report showed that crypto turnover’s growing share in the total volume of bets every month, which took up 6% in Q1 2020, and came up to 26% by the end of Q1 2021, displacing the overall share of fiat (as shown in pic.1).
Region-wise, “the turnover in Asia is growing, largely due to the entry of cryptocurrency casinos into this region. Mainly this is due to the traffic growth in Japan, as well as good trends in India and Indonesia”, noted COO Andrey Starovoitov. “Our clients continue expanding to the LatAm region, and although it is too early to talk about significant volumes, we expect to see Brazil among the leaders in the nearest future”.
SoftSwiss announces threefold quarter-on-quarter increase in total bets and GGR for Q1 2021
4th May 2021
| By SoftSwiss
Stats pulled from SoftSwiss Game Aggregator Q1 2021 corporate report
SoftSwiss has enjoyed a stellar first quarter, with chief operating officer Andrey Starovoitov revealing that “the total bets and GGR increased nearly threefold in Q1 2021, compared to the same period back in 2020”.
The number of total bets showed a 167% rise from €4.1bn in Q120 to €10.97bn in Q121 (pic. 1). The company attributes the increase to its extensive expansion as a brand, along with the effects of strengthened lockdown measures and players going fully digital. The 165% GGR rise from €162.52m in Q120 to €430.04m in Q121 reinforces this (pic.2).