Slotegrator releases its downloadable reports monthly. This time it’s an overview of some common misconceptions about running a business in the online gaming industry. This is essential reading for new traders.
Among the questions answered in the report, some give an initial overview of what it addresses:
- Is running an online casino or sportsbook a foolproof business?
- Are all players addicted?
- Is geographic expansion the only way for operators to grow their business?
A business with several nuances
Many new traders may think so. However, these will probably not be successful. An online casino or sportsbook can be a fantastic and thriving business.
But if you build your platform on a foundation of false beliefs, it will never stand the test of time. New iGaming operators who base their strategies on misconceptions will make wrong decision after wrong decision, leading to a short-lived business.
That’s why it’s best to take a moment and do some research before trying it. Some information is essential to be clear at the beginning of each business.
- They must find out which laws actually apply to their business.
- What are the different risks (and there are many) that you will face when your platform is up and running,
- What kind of player acquisition and retention strategies will work for them
- And, most importantly, what kind of help they will need, and where and how to get it.
In Slotegrator‘s latest report, the company has collected 10 common myths about the online gaming industry and dispelled each one, revealing the truth behind each one and clearing up any misconceptions a reader might have.
Slotegrator goes beyond numbers
As an added bonus, they indicate which of their products and solutions correlate with best efforts to avoid falling victim to each stereotype. A good example of this is how the Telegram Casino solution can help iGaming companies grow their business.
And also how the APIgrator game integration solution can provide the portfolio of games you need to keep players coming back (because offering a few favorite games isn’t enough anymore).
Any new trader in the early stages of planning, preparing, or launching an online business would find it worthwhile to learn everything they can from the insightful report.
However, there is even more to know, from the nuances of running an international business to the complexities of planning an effective marketing strategy for an online casino or sportsbook.
“We have experience responding to requests from various gaming operators in different regions and niches, and we know which ideas typically end in failure. Our mission is to minimize errors and help companies prevent crises,” said Yana Khaidukova, General Director of Slotegrator.
“That’s why we developed our solutions for online casinos and sportsbooks, and that’s also why we continue to generate informative articles and other Academy materials.”
To access the report and this entire range of information, download the PDF from the Slotegrator website and contact the company team to ask additional questions.
About the company
Since 2012, Slotegrator has been one of the iGaming industry’s leading providers of software and business solutions for online casino operators and sportsbooks.
The company’s main focus is software development and support for online casino platforms, as well as the integration of gaming content and payment systems.
The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino, poker, virtual sports, table games, lotteries, casual games and betting data feeds.
Slotegrator also provides consultancy services in acquiring gambling licenses and business incorporation.