Industry News

Advantages of working in the iGaming sector

Published

2 years ago

August 18, 2022

Reading Time: 6 minutes

Today, iGaming is one of the most promising and rapidly developing industries in gambling. Gambling has always been popular, and the departure to online games for money has become even more in demand. Today players can take part without even leaving their home, and now they can also play with just a smartphone in their hand.

With the active development of technology, online games are becoming more and more available for an increasing range of potential players. Experts predict an online casino boom in the coming years. This is accompanied by both global trends in the development of Internet technologies and high interest in them from users. The coronavirus pandemic has also only increased the influx of online players around the world, particularly in Europe, Asia, and America.

In the current conditions of the pandemic and its long-term consequences for society, more and more people want not only to try their luck by making online bets, but also to relieve tension and stress. It may seem strange, but in the harsh conditions of the pandemic people did not save money fearing a possible economic crisis, but on the contrary, rushed to spend money on the Internet on online purchases of general-demand goods. According to analysts these purchases were not related to essential goods, but rather on passtimes such as online games. Experts assure us that the future belongs to online platforms.

Some statistics:

Analysts from Hexa Research claim that online gambling revenue will increase to $73 billion by 2024.
After research, the Evolution company has no doubt that Live Casino will be the main source of profit of the gambling market in the near future.
Online casino is second only to betting. The revenue of online casinos is $11.2 billion.
Due to its rapid growth, the gambling industry reached a capitalization of $250 billion in 2021.

Why iGaming?

Working in the field of iGaming gives not only confidence in the future from the point of view of a win-win material base, but also allows you to grow professionally, achieving high personal realization, since the field of online gambling is one of the most (if not the most) dynamically developing. Young professionals who have linked their careers with the field of iGaming grow daily and master new niches and skills that are inaccessible to those who sit still. Working in the field of iGaming is prestigious. These are new horizons, using the most modern technologies and tools. There are major international conferences where you can share your experience, gain new knowledge, and meet new active and promising people who always strive to be first.

iGaming Academies — what are they?

We can see that the niche is developing very quickly, and there are some specialists who understand this. In 2018, the Malta Gambling Authority (MGA) conducted a study that revealed a shortage of staff in the iGaming sector. At that time, there were more than 700 vacancies in the country for various specialists in online gambling, but only one in eight applicants received a job. Because of this iGaming academies began to appear — offering courses that will help you with entering the industry.

iGaming Academies provide training services to both individuals and entire companies. These courses provide professional training on compliance issues and help the organization comply with licensing and security regulations.

In an iGaming Academy, you can fully train for a new profession or upgrade your skills (managerial, technical, interpersonal communication, or marketing skills) and also join a company, because after these courses, employers offer good positions.

Factors contributing to the growth of the iGaming sector

As we have already written, the iGaming sector is growing and developing constantly and at a fast speed. It was also influenced by events taking place around the world.

– Covid

The coronavirus pandemic forced everyone to stay at home, which meant they were looking for new entertainment. Online casinos, games, livestreams, esports — all this helped to entertain yourself while sitting in quarantine. Many started playing out of boredom, so the average traffic volume is growing. The particular success of online casinos is noted in those countries where casinos operated offline before the pandemic, for example, Germany and the Czech Republic.

– Legalization of gambling in America

America began to slowly but surely legalize the gambling market, which gave a new surge in the industry and new opportunities.

Some states and individual cities are eyeing the possibility of allowing online gambling, while others still face various bureaucratic problems. For example, in California, two bills regulating the gambling industry are being considered, and in Florida — three at once. Attempts to pass laws regarding gambling were made in the states of Kentucky and Kansas, and Massachusetts and Missouri are considering such a possibility.

The American gambling market is one of the largest and most promising in the world. At the same time, it obeys complex and confusing rules: competition is high here, as well as government pressure on businessmen.

– Flexible license options

For casino owners and online operators, this is one of the main advantages. It will be much cheaper to create an online casino than a land-based one. Plus, licenses for offshore casinos are usually more profitable.

Jurisdictions where you will be able to obtain a gambling license include Malta, Curacao, Gibraltar, Isle of Man and Kahnawake. Many of these jurisdictions offer a balance between benefits, obligations, and requirements.

– Blockchain in the iGaming sector

Innovative technologies are constantly used in the iGaming industry. Malta even calls itself a “blockchain island”, becoming the first country to legalize blockchain. Now they are actively attracting cryptocurrency exchanges, ICO platforms, blockchain-based application developers and many others, which opens up new opportunities for iGaming companies.

According to experts, blockchain is one of the most relevant topics in the online casino industry in 2022. Its key advantage is reliability and anonymity, all information and financial processes with this technology are maximally protected. It is expected that the blockchain will have a huge impact on the entire gambling sector.

DUXGroup: analysis of the iGaming sector company

One of the brightest players in the iGaming sector is the international holding DUXGroup, on the basis of which licensed casino brands have been successfully operating for several years, as well as the Chilli Partners affiliate program.

In 5 years of its work in the field of online gambling, DUXGroup has been able to attract and retain about 250 employees of the best professionals in their field, acquire two offices in Malta and Cyprus, and create its own DUXPlatform brand.

The holding has more than successfully overcome the global crisis of 2020-2021, when many competitive business companies failed miserably. Moreover, already at the very beginning of 2022, the management of DUXGroup decided to further expand the staff for the implementation of new major projects that are scheduled for this year. Today, on the holding’s website, you can find such promising vacancies as VIP Team Lead, Head of Payments, VIP German Manager, as well as vacancies for beginners, such as Junior Affiliate Managers. This vacancy list testifies to the large-scale plans of the holding, which could have been born exclusively on a stable and powerful base of successfully implemented projects of the past years.

The company openly declares that it is carrying out a revolution in the field of iGaming. The key to success in this revolution is, first of all, the people working in the holding. The best professionals are leading DUXGroup to victory in the market, and DUXGroup, in turn, providing its employees with the best tools to open up brilliant career prospects with high earnings.

Where can I look for a job in the iGaming sector?

We have compiled a list of sites where you can find work in the iGaming sector. Vacancies are presented both in Malta and remotely. You can also search for some vacancies on Facebook and LinkedIn.

https://duxgroup.bamboohr.com/jobs/?source=duxgroup

https://www.whyigaming.eu

https://www.keepmeposted.com.mt/igaming-betting-jobs-malta/

https://www.careerjet.com.mt/igaming-jobs.html

https://www.linkedin.com/jobs/igaming-jobs/?originalSubdomain=mt&position=1&pageNum=0

https://www.facebook.com/login/?next=https%3A%2F%2Fwww.facebook.com%2Fgroups%2FIT.iGaming.jobs.in.Malta%2F

Conclusion

iGaming is an industry that will always remain relevant. From year to year, the attitude towards gambling is becoming more loyal, and the audience around the world is only growing. Also, new technologies help online casinos to develop faster and build a more transparent and secure business. Therefore, working in the iGaming sector can be an excellent starting point and help unlock the creative potential of every good specialist.

IAGA

The International Association of Gaming Advisors (IAGA) Announces 2024 International Gaming Summit in Washington, D.C.

Published

1 day ago

April 26, 2024

GamingAmericas.com

the-international-association-of-gaming-advisors-(iaga)-announces-2024-international-gaming-summit-in-washington,-dc.

The International Association of Gaming Advisors (IAGA) will hold its 41st International Gaming Summit Monday, May 27 through Thursday, May 30, 2024 at The Ritz-Carlton Washington, D.C.

As a premier event that brings together leaders from all global gaming sectors, the Summit will provide operators, suppliers, attorneys, investors, bankers, regulators and other advisor delegates with an unparalleled opportunity to meet and discuss the most important issues facing gaming.

“We are looking forward to holding this year’s 41st Annual International Gaming Summit in Washington, D.C., and are pleased to announce an agenda that includes a specific focus on some of the key sports betting issues the rapidly expanding US market is facing. As part of this focus, we will bring together representatives from global sports betting operators, regulatory agencies, professional sports leagues and other experts to discuss how the industry’s sports betting stakeholders can better work together to ensure a sustainable, responsible sports betting environment that is built on best practices lessons learned from other markets,” John Stawyskyj, President of IAGA, said.

“Beyond our sports betting focus, our diverse agenda includes discussions on other issues of importance including the growing impact of fraud and cyber breaches on regulated operators, a look into the federal and state lobbying process, an update on what’s happening in other gaming markets outside North America, a deep dive into new technologies and how they might impact gaming and more. I look forward to welcoming our delegates to Washington and participating with them in lively discussions about these critical issues and more,” Stawyskyj added.

Charlie Skinner

Marker Trax Appoints John Henderson as Senior Vice President of Operations

Published

1 day ago

April 26, 2024

GamingAmericas.com

marker-trax-appoints-john-henderson-as-senior-vice-president-of-operations

Marker Trax, a leader in cashless payment solutions for the gambling industry, has announced the appointment of John Henderson as its senior vice president of operations.

As the company continues solidifying its cashless payments sector leadership position, Henderson joins the team to play a key role in leading strategic planning efforts, executing new operator and customer initiatives, directing pursuit of key performance indicators, and ensuring overall product and technology quality control. He reports directly to, and will work closely with, Marker Trax President Charlie Skinner.

Henderson is a seasoned, energetic industry veteran who brings to Marker Trax more than four decades of success in delivering technology-based business solutions, leading innovation-forward companies seeking to increase their industry footprints and to solidify their market shares.

“We’re cementing our leadership position in the cashless space, and John is the right leader, at the right time, to help guide us there. He has tactical expertise, and a long track record of success in the IT space. More than that, though, he’s always eager to innovate – which aligns perfectly with our philosophy and goals. We’re lucky to have him on board,” Charlie Skinner, President of Marker Trax, said.

Immediately prior to joining Marker Trax, Henderson served as chief information officer at WorldStrides, a global leader in educational travel services, and helped the company navigate a business and IT transformation program. Henderson has also held client partner roles at Accenture, IBM, and Cognizant, and has served numerous global brands including Choice Hotels, Hilton Hotels, MGM Resorts, Wynn, Disney, and Royal Caribbean.

“Every step of his career, John’s shown natural aptitude for client relationship management and large-scale systems integrations, and a keen, tactical eye for optimizing performance at all levels of an operation. At Marker Trax, we’re increasing our market footprint through continual innovation, and John’s tactical leadership will be of tremendous benefit to reaching our goals,” Skinner said.

Henderson’s addition caps a prolific run of recent accomplishments for the company. It recently unveiled its innovative consumer product, Moolah Play, secured renewed commitment from partner and global payments leader Euronet Worldwide Inc., and is introducing its cashless credit technology into more markets around the country.

Affinity Interactive

Affinity Interactive Appoints Scott Butera as President & Chief Executive Officer

Published

1 day ago

April 26, 2024

GamingAmericas.com

affinity-interactive-appoints-scott-butera-as-president-&-chief-executive-officer

Affinity Interactive has announced the appointment of Scott Butera as President & Chief Executive Officer, effective immediately.

Mr. Butera, who most recently led AI’s Sports Information Group (SIG) business, brings over 30 years of experience in gaming, hospitality, media, entertainment, and sports to the pivotal role. In his new capacity, Mr. Butera will set strategy and oversee operations of the Company’s diversified portfolio of casinos resorts across Nevada, Missouri, and Iowa. He will also continue to oversee all print and online media platforms, including Daily Racing Form.

Mr. Butera is an industry veteran who has a history of leading growth and innovation at numerous companies. As CEO of SIG, he led initiatives to develop retail and business products and optimize ecommerce sales for the Daily Racing Form. Under his leadership, SIG experienced significant growth in market share and revenue. Previously, Mr. Butera served as President of Fubo Gaming at Fubo TV Inc. He has also held CEO and President positions at MGM Resorts International, the Arena Football League, Foxwoods Resort & Casino, Tropicana Entertainment, and Trump Entertainment, among others. Earlier in his career, he worked as an investment banker for more than a decade, gaining valuable financial expertise that he later applied to strategic decision-making in the gaming industry. Mr. Butera has a B.A. from Trinity College, where he served as a Trustee, and an MBA from New York University.

“Scott’s operating acumen and deep knowledge of the gaming and entertainment industries have helped AI and Sports Information Group expand product offerings and improve the sports and gaming experience for consumers around the world. I am confident Scott will integrate seamlessly into this expanded role, and under his leadership, Affinity will achieve greater success, continuing to deliver world-class experiences to nearly 1 million users and guests across platforms,” James J. Zenni Jr., Chairman of Affinity Interactive, said.

“Affinity’s mission to elevate the gaming industry through advanced technology and unparalleled customer offerings – both across digital media platforms as well as in-person gaming – remains a driving force behind the business’ success. I am eager to collaborate with Jim and leverage my familiarity with the business as well as my passion for driving innovative change to execute on AI’s long-term strategic priorities,” Mr. Butera said.