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Interview with SOFTSWISS COO Andrey Starovoitov about iGaming and Crypto

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SOFTSWISS offers comprehensive software solutions to online casinos and bookmaking websites. The company was the first to integrate crypto payments into its Online Casino Platform. SOFTSWISS COO Andrey Starovoitov agreed to answer some of our questions regarding the potential of cryptocurrencies in iGaming.

  • Hi Andrey, thank you for taking the time to answer some questions. SOFTSWISS is the first online gambling software company to start working with cryptocurrencies as early as 2013. What makes SOFTSWISS’ solution more advanced compared to others?

First and foremost, it would have to be our experience and expertise in dealing with cryptocurrencies, as well as understanding the potential opportunities crypto gambling presents for the operator. We made sure to incorporate crypto into all possible aspects of our product solutions. They are designed to manage cryptocurrencies with ease and enable the flexible integration of new coins for operating purposes.

Today SOFTSWISS offers not only a set of individual products but also an entire ecosystem to start crypto gambling operations from scratch. The product line includes important elements such as an Online Casino Platform, Game Aggregator, the Sportsbook Platform, the Jackpot Aggregator, a Jackpot as a Service solution, the Affilka affiliate platform. Another important advantage is the partnership with CoinsPaid, which offers a crypto payment processing gateway and a business crypto wallet.

All products are adapted to work with cryptocurrencies. For example, the Game Aggregator has already had 44 game studios customising their portfolio to use the most popular coins like Bitcoin, Etherium, Litecoin, Tron, Dogecoin, etc. The Online Casino Platform is the backbone of crypto operations and, in conjunction with crypto processing by CoinsPaid, allows operators to launch payments in any altcoins on the market.

Crypto betting, in general, is mainstream. Everyone was stunned by the recent news that world-famous Canadian rapper Drake bet over $1 million in Bitcoin on a Super Bowl LVI match. The SOFTSWISS Sportsbook is fully adapted for this purpose. Our experience working with the strongest crypto brands on the market allows SOFTSWISS to be at the top of the crypto gambling niche. Understanding trends in cryptocurrencies and blockchain technology undoubtedly allows us to state that our products are currently leading the way in the B2B sector when it comes to crypto gambling solutions.

  • SOFTSWISS offers both White Label Solution and Crypto Casino Solution. What are the advantages of Crypto Solution and who would you advise to consider this option?

The Сrypto Solution is worth considering for all operators, as cryptocurrencies give access to a wider audience and more countries than the standard fiat currencies. The crypto audience is young and marketing to it is an investment into the future, an opportunity to enter something long-term. Crypto is here to stay.

But I would point out that it is the current market leaders, who should consider looking into crypto. We are at a turning point in the gambling industry. The gap between classic casinos and second-wave crypto gambling casinos such as Stake, Roobet, BC.GAME, Duelbits, Rollbit is now too evident. The young audience of the new casinos is very different from the classic online casino. 

We can highlight a strong demand for community building among players through forums, integrated casino chat rooms, increased interest in competitive elements, and a surge in new channels of engagement via streaming on Twitch and TikTok. And these are just a small part of these differences. It will be quite difficult to catch up with these new crypto casinos if market players miss out on the opportunities crypto offers, as new leaders in this niche emerge.

One of the significant benefits of using cryptocurrencies is the Conversion Rate and the Acceptance Rate (the rate that reflects the percentage of successful deposits). These rates are significantly higher when compared to fiat methods, as the average acceptance rate on the SOFTSWISS Online Casino Platform is close to 99%. Funds transfer speed is also better in comparison with some fiat methods. 

With Cryptoprocessing by CoinsPaid, we credit crypto to the player’s balance immediately, even if the transfer itself has not reached the CoinsPaid crypto wallet yet. Moreover, we minimise risks with various advanced tools. In addition, it is worth noting that the transaction cost in crypto is significantly cheaper than in fiat currencies.

All of these factors directly impact the player conversion rate and, consequently, the operator’s success.

  • Crypto projects often involve high risks. How do you help your crypto clients develop and avoid risks in the iGaming industry?

As I see it, the potential risks in the case of cryptocurrencies are negligible and barely different from those of a classic casino. Of course, some operators are wary due to their lack of experience in using cryptocurrencies, but SOFTSWISS is the right partner to help reduce the risks to a minimum by providing expertise and innovative product solutions. 

Among possible risks, the only thing that operators may be concerned about is the fear that cryptocurrencies are too volatile and their exchange rates can vary significantly. For example, this could lead to losses in settlements with gaming operators. The functionality of the SOFTSWISS Online Casino Platform will allow the game itself to be run on fiat, while the player balance will be fixed in crypto. This makes it possible to perform all settlements with game providers based on fiat currencies and minimise the potential risk of loss on exchange rate differences.

Secondly, this is more of a concern than a risk, I would call the traffic sources. Indeed, crypto traffic is still emerging and is in an active growth stage at the moment. It is different to the, if we can now call it that, ‘classic online casino audience’. There is definitely an opportunity for operators to convert existing fiat traffic into crypto through tech solutions like Utorg, Changelly, or Moonpay, which let you buy cryptocurrencies directly from a casino site. Streaming also works great for a crypto player acquisition, as streaming services often have a younger target audience.

  • What cryptocurrencies does the SOFTSWISS Crypto Casino Solution support? How are the supported cryptocurrencies  selected and can we expect new additions?

The SOFTSWISS Crypto Casino Solution enables operators to work with any coins, primarily due to the platform’s flexibility and the integration with Cryptoprocessing by CoinsPaid.

While CoinsPaid enables casinos to instantly convert payments from players into any of 20 fiat currencies. This way the player’s fiat balance is not subject to volatility and is fixed at the time of deposit.

The SOFTSWISS Online Casino Platform can convert the player’s crypto balance into fiat at the time of betting. Casino players can play any game with their crypto balance, even if it (the game) does not support crypto.

This approach is used by all market leaders in crypto gambling and has a number of undeniable advantages. It provides access to a larger number of gaming studios and producers for players who typically prefer to deposit and play in crypto.

The second advantage is that adding new coins is much faster and does not depend on the game provider. And finally, the risks in the case of crypto value volatility are reduced, as the payment to the game producers is based on fiat currencies.

The fast process of adding new coins is important. Already we are seeing a gaming community forming around specific coins, such as Tron, and the emergence of new high-growth cryptocurrencies, such as Shiba Inu, requires an immediate response from operators to market demands.

  • If we look at the Game Aggregator’s 2021 statistics, we can see that the share of crypto from all currencies has doubled: from 20% to about 40%. How do you explain this growth in popularity of crypto among players? Are there any advantages to using cryptocurrencies compared to regular money?

It is safe to say that we have seen the second wave of crypto gambling and the re-emergence of the concept of crypto gambling itself in 2021. The rapid rise in the value of Bitcoin led to the growth of crypto adopters globallyand, consequently, the crypto casino audience. But the key factor was the entry of so-called crypto dice operators like Stake, Roobet, BC.GAME, Duelbits, Rollbit into the iGaming market as we know it. Crypto dice operators had already established a community of crypto adepts. They primarily presented in-house developed games (for example, Stake Originals) based on provably fair technology that allows them to verify the fairness of winnings. The confluence of these circumstances has influenced a resurgence of interest in crypto gambling. 

On the player’s side, the use of cryptocurrencies offers a number of advantages, mainly speed and ease of use in the case of payouts. Anonymity is also a significant factor for a part of the audience.

  • Is there room for novelty in the iGaming industry? Can blockchain technology further revolutionise it or are the opportunities offered by cryptocurrencies mostly exhausted already?

In my view, blockchain technology will significantly impact the industry in the near future. There are clear indicators of it and it will be the audience’s demand for innovations that will improve the player experience, and it’s not just the use of cryptocurrencies in gambling. We are only just arriving at the formation of the crypto-gambling niche. Things like blockchain-based decentralised casino, NFT, and provably fair technology will be integrated into the market in the foreseeable future. By the way, SOFTSWISS is already considering the introduction of NFT technology in gambling.

  • Although cryptocurrencies are increasingly more popular and becoming mainstream, some people are still sceptical about their reliability. Do you see a long-lasting future for cryptocurrencies? Is crypto gambling just another passing trend, or is it here to stay?

I understand people’s scepticism about crypto. It is hard enough to understand how, in the modern world, something can have a huge value with essentially no connection to anything physical. Cryptocurrencies are a soap bubble to such people, but that’s not entirely true. We are seeing major changes in the global economy, where the value of an asset is influenced by the general public’s hype, interest, and trust. Bitcoin is certainly here to stay, and though the technology has aged, it has inherent value and has established trust among its community of users.

Obviously, cryptocurrencies are with us forever, and I don’t see any factors affecting the decline in interest. Naturally, some fluctuations in the value of Bitcoin, as the most popular and, I would say, the most basic cryptocurrency, could affect the interest of some as an investment tool. However, as the experience of previous fluctuations shows, the subsequent growth attracts more new adopters. Overall, we are witnessing iterative growth in both value and audience volume. 

The price and value of Bitcoin and cryptocurrencies is driven by the demand for ease, speed and cost of a transaction.These factors provide the underlying value of cryptocurrencies in the world to its audience. It is hard to imagine whether it would be possible to transfer a large amount of fiat currency between different continents at the same speed and cost per transaction that cryptocurrencies provide. For this reason, despite the speculative peaks in Bitcoin’s value, we will see a steady trend of new audience growth in the future.

SOFTSWISS offers easy solutions to iGaming operators. The company’s products include several other services beyond its leading crypto integration solution, such as its Game Aggregator, bringing together more than 150 casino game vendors, or the Jackpot Aggregator, allowing iGaming brands to launch custom jackpot campaigns and promotions to enhance customer experience.

Find out more about SOFTSWISS!

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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QCI Heatmap: A Modern Evolution of Classic Data Visualization with Cutting-Edge Technology

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Quick Custom Intelligence (QCI) is revolutionizing data exploration and visualization with the launch of QCI Heatmap, an advanced contour heatmapping tool that transforms the way casinos interact with slot performance data.

This release represents a unique modernization of classic data visualization techniques, reimagined using state-of-the-art graphics processing, machine learning, and QCI’s proprietary intellectual property.

A Modern Take on a Proven Approach

Heatmapping has long been a valuable tool for understanding gaming floor performance, but traditional implementations were often limited by static visualizations, sluggish responsiveness, and an inability to scale dynamically. With QCI Heatmap, we have re-engineered these foundational techniques using modern high-performance rendering technology, GPU acceleration, and AI-driven insights, enabling real-time, interactive exploration at a level never seen before.

According to Andrew Cardno, QCI’s CTO and a two-time Smithsonian Laureate for Heroism in Information Technology: “The fundamental principles of heatmapping have remained relevant for decades, but previous implementations lacked the speed, depth, and interactive flexibility needed for modern, data-driven decision-making. With today’s powerful graphics processing engines, we can now dynamically render images at over 60 frames per second, making QCI Heatmap the most responsive and flexible data exploration tool I’ve ever built. This new approach seamlessly integrates with the QCI Enterprise Platform, offering unparalleled real-time insights.”

Patented IP Meets High-Speed Data Exploration

QCI Heatmap is built on a unique combination of proprietary intellectual property (IP) and modern visualization technology, setting it apart from legacy heatmapping tools by:

  • Leveraging GPU Acceleration: for real-time heatmap rendering, eliminating lag and increasing user engagement.
  • Integrating Machine Learning Algorithms: to enhance pattern detection and predictive slot performance analysis.
  • Enhancing Customization & Flexibility: allowing casino operators to interactively explore multiple data layers and adjust visual perspectives instantly.

Replacing QCI Slots View & Expanding Capabilities

With the introduction of QCI Heatmap, QCI is retiring the legacy QCI Slots View module and elevating data visualization to the next level. This tool provides:

  • Full Gaming Floor Visibility: Real-time interactive overlays of slot performance, customer behavior, and revenue patterns.
  • Seamless Multi-Platform Use: Optimized for both desktop and iPad, ensuring a fluid experience across devices.
  • Advanced Metric-Driven Exploration: Deep integration with the QCI Enterprise Platform, unlocking multi-dimensional analysis for decision-makers.

To ensure customers can fully leverage this next-generation tool, QCI College will offer specialized training courses on QCI Heatmaps, covering both desktop and iPad applications.

Industry Leaders Praise QCI Heatmap’s Unprecedented Performance

The impact of QCI Heatmap is already being felt across the industry. Tony Toohey, CEO of Gaming Dynamics, shared his experience: “The ability to see and interact with an entire gaming floor through a dynamic heatmapping tool is game-changing. Our Australian deployments have seen an overwhelmingly positive reception, and working alongside the QCI development team has ensured this tool delivers maximum impact upon release.”

Pioneering the Future of Casino Data Visualization

QCI Heatmap is more than just an update—it’s a paradigm shift in how casinos leverage visualization technology. By combining time-tested heatmapping concepts with modern rendering engines, AI, and proprietary QCI innovations, Quick Custom Intelligence has redefined what’s possible in gaming data exploration.

The future of casino intelligence is visual, interactive, and powered by QCI Heatmap.

 

The post QCI Heatmap: A Modern Evolution of Classic Data Visualization with Cutting-Edge Technology appeared first on European Gaming Industry News.

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Betblast Launches New Features for Bigger Wins and Faster Payouts

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In the competitive world of online gambling, players are always looking for platforms that deliver not just entertainment but also real, tangible rewards.

One name that keeps surfacing in discussions about the biggest wins and lightning-fast payouts is Betblast. The buzz surrounding this platform has reached new heights in 2024, with countless players sharing their experiences of hitting life-changing jackpots and enjoying withdrawals that are processed faster than the industry norm.

In this comprehensive press release, we’ll dive deep into what makes Betblast stand out, uncovering the stories behind the biggest wins, the unmatched payout speeds, and why Betblast has become a household name among online casino enthusiasts.

The Biggest Wins: Stories That Inspire

When it comes to online casinos, nothing grabs attention quite like a big win. Betblast has become synonymous with massive payouts, with players across the globe sharing their jackpot stories.

Real Stories of Life-Changing Wins:

  • James P. from the UK: “I couldn’t believe my eyes when I hit a $250,000 progressive jackpot on Betblast. The payout was processed within hours, and the money was in my account the next day. This platform changed my life!”
  • Maria S. from Spain: “Winning €50,000 on a single spin felt surreal, but what impressed me the most was how fast Betblast processed my withdrawal. No delays, no excuses—just fast, reliable payouts.”
  • Liam K. from Australia: “I’ve played on many platforms, but Betblast is different. I won $75,000 on a poker tournament, and my winnings were in my crypto wallet the same day. That’s what I call service!”

These stories are not just marketing hype—they’re real testimonials that reflect Betblast’s commitment to providing a fair, rewarding gaming environment.

Fastest Payouts in the Industry

While big wins are exciting, they mean little if players face endless delays when trying to cash out. This is where Betblast truly shines. According to multiple testimonials, Betblast has set a new standard for payout speeds in the online casino industry.

What Makes Betblast’s Payouts So Fast?

  • Streamlined Withdrawal Process: Betblast has eliminated unnecessary verification steps that slow down payouts on other platforms. Their system is designed for efficiency, allowing players to withdraw their winnings quickly and hassle-free.
  • Crypto-Friendly Transactions: Betblast fully supports cryptocurrency transactions, enabling instant deposits and withdrawals. Bitcoin, Ethereum, and other major cryptos are processed within minutes, giving players near-instant access to their funds.
  • Dedicated Payment Team: Betblast’s finance team works around the clock to process payouts promptly. Unlike other casinos that batch process withdrawals once a day, Betblast handles requests continuously, ensuring faster turnaround times.
  • Transparent Policies: No hidden fees, no unexplained delays. Players know exactly what to expect, as Betblast maintains full transparency in its payment processes.

How Betblast Compares to Other Casinos

Many online casinos claim to offer fast payouts, but Betblast’s track record speaks for itself. Here’s how it stacks up against typical industry standards:

  • Feature                                                               Betblast                             Industry Average
  • Crypto Withdrawal Time Within                       1–2 hours                                    24–48 hours
  • Traditional Bank Withdrawal                     1–3 business days                        3–7 business days
  • Bonus Winnings Withdrawal                        No extra delays                     Often delayed for review
  • Verification Process                            Instant for verified accounts                      Up to 5 days

Based on multiple player testimonials, it’s clear that Betblast outperforms competitors when it comes to getting players their money quickly and securely.

The Role of Crypto in Speeding Up Payments

In today’s fast-paced world, players expect instant gratification—not just in gameplay but also in payments. Betblast has embraced this by becoming a crypto-friendly platform. The integration of blockchain technology means transactions are processed faster, with fewer intermediaries involved.

Benefits of Using Crypto on Betblast:

  • Instant Deposits and Withdrawals: No more waiting for banks to process transactions.
  • Enhanced Privacy: Crypto transactions provide an extra layer of anonymity, which many players appreciate.
  • Lower Fees: Traditional banking methods often involve transaction fees. Crypto minimizes these costs, ensuring players keep more of their winnings.

According to many players, the ability to deposit and withdraw with crypto has been a game-changer, especially for high-stakes players who move large sums of money.

Betblast’s Commitment to Fair Play and Transparency

Big wins and fast payouts are exciting, but they wouldn’t mean much without the foundation of fairness and trust. Betblast operates with complete transparency, using Random Number Generators (RNGs) certified by independent auditors to ensure fair gameplay.

Key Trust Factors:

  • Independent Audits: Regularly reviewed to maintain fairness and integrity.
  • Responsible Gaming Tools: Players can set limits to control their gambling habits.
  • Licensed and Regulated: Betblast holds licenses from reputable gaming authorities, adding an extra layer of credibility.

Players consistently mention that they feel safe and secure, knowing the games are fair and the company operates with integrity.

Exclusive Bonuses That Boost Your Winning Potential

While the focus here is on big wins and fast payouts, it’s impossible to ignore the generous bonuses that Betblast offers. From welcome packages to reload bonuses and VIP rewards, there’s always an opportunity to boost your bankroll.

Popular Bonuses Include:

  • Welcome Bonus: A generous package for new players to get started with a bang.
  • Free Spins Galore: Regular promotions offering free spins on popular slots.
  • VIP Program: Tailored rewards for loyal players, including cashback, exclusive bonuses, and personal account managers.

Many players emphasize how these bonuses have helped them turn small deposits into significant wins, adding to the platform’s overall appeal.

What Players Are Saying: More Real Testimonials

  • Olivia M. from Germany: “I deposited €100, claimed my bonus, and walked away with €10,000 after a few lucky spins. The withdrawal was processed in under 3 hours—unbelievable!”
  • Daniel H. from Canada: “The crypto payouts are insane. I requested a Bitcoin withdrawal, and it hit my wallet in 30 minutes. Betblast is the real deal.”
  • Sophia G. from Italy: “I’ve won big on other sites, but none processed my payouts as fast as Betblast. Plus, the customer support is top-notch!”

Final Thoughts: Why Betblast Is the Best Choice for Big Wins and Fast Payouts

When you combine massive winning potential, lightning-fast payouts, top-tier security, and exceptional customer service, you get Betblast. It’s no surprise that players continue to share stories of life-changing jackpots and hassle-free withdrawals.

Ready to Experience the Thrill?

Visit Betblast today and join the thousands of players who’ve already discovered the winning advantage!

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post Betblast Launches New Features for Bigger Wins and Faster Payouts appeared first on European Gaming Industry News.

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Aristocrat Interactive’s NeoGames Studio Launches eInstant Games in Hungary Through New Deal with Hungarian National Lottery (Szerencsejáték Zrt.)

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The agreement marks Aristocrat Interactive’s 18th iLottery deal across Europe 

Aristocrat Interactive’s iLottery content studio, announced today the launch of its eInstant games with Szerencsejáték Zrt. (SzZrt) – the largest gambling operator in Hungary, providing offerings to players including draw games, scratch cards and sports betting.

The five-year agreement will see Aristocrat Interactive’s NeoGames Studio deliver meaningful expansion to SzZrt’s offerings to its players.

The deployment of NeoGames Studio’s content comes to life via direct integration into SzZrt’s existing iLottery platform, bringing a new category of lottery product to Hungary in eInstant games. The deal marks Aristocrat Interactive’s 18th iLottery partnership in Europe and 31st globally.

The launch of eight new games with SzZrt marks a significant step forward, with each title carefully selected to align with their players’ preferences. From immersive graphics to innovative mechanics and engaging themes, these eight games represent a diverse mix of features from the Studio’s portfolio, showcasing unique gameplay experiences that highlight the strengths of various offerings.

In addition to the eight games already launched, five more titles are planned for release soon. Each new title will be designed to maintain player interest and provide fresh, exciting content.

“We are committed to providing our players with the best possible portfolio of gaming options, something NeoGames Studio has built a strong reputation on having proved in Hungary again their ability in developing high-quality eInstant games,” said Sándor Uszkay-Boiskó, Director of Strategy at SzZrt. “Their localized content and innovative approach will help us continue to further expand our capabilities and engage our players in new ways, while strictly adhering to responsible gaming principles, ultimately strengthening our position as the leading responsible gambling provider in Hungary.”

“We’re thrilled to be able to continue fueling the growth of iLottery on a global scale, as we introduce our best-in-class eInstant games to Hungarian lottery players through the country’s largest gambling operator,” said Chris Shaban, Managing Director of Aristocrat Interactive iLottery. “This deal with SzZrt will introduce Hungarian players to new, exciting game titles and localized content.”

NeoGames Studio, a leading developer in eInstant gaming, has been delivering innovative gaming options and visually compelling titles for lotteries since 2005. NeoGames Studio enters its second year as part of Aristocrat Interactive’s iLottery division, bringing over 17 years of industry experience and a comprehensive content portfolio to lotteries worldwide.

 

The post Aristocrat Interactive’s NeoGames Studio Launches eInstant Games in Hungary Through New Deal with Hungarian National Lottery (Szerencsejáték Zrt.) appeared first on European Gaming Industry News.

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