SoftSwiss Takes a Look at Its Performance in 2021

SoftSwiss released a report taking stock of its performance in 2021. The game aggregator saw its financial results more than double. SoftSwiss also sealed partnerships with the 60+ clients plus 20+ game studios.

SoftSwiss Average Monthly GGR and Bet Sum Increase Significantly

The game aggregator recorded increased performance in 2021 compared to 2020 when it came to its average monthly gross gaming revenue. SoftSwiss recorded €200 million compared to the €88 million it recorded in 2020. The average bet total soared past the €5 billion per month mark. Compared to 2020’s €2.2 billion in 2020, this was a 130% growth.

The annual GGR as well as the total wagers saw a significant increase as well. January’s 2021 GGR was at €130 million while in December the figure shot past the €250 million mark. This same trend continued with the total bets that almost doubled closing at €6.5 billion from €3.3 billion.

One of the reasons for the increased figures in 2021 is the aggregator’s entrance into new markets. SoftSwiss started supplying its range of games in markets such as Tunisia, India, Argentina, Brazil, and Japan.

SoftSwiss COO commented on the year’s performance. Andrey Starovoitov said the figures are a reflection of the work put in by the company over 2021 by the team. That includes sealing new partnerships and bringing in new clients. The COO also said the company has experienced growth in its size, with over 500 professionals joining the game aggregator.

Starovoitov further added the company remains committed to developing top-notch solutions in the iGaming industry. This will help its partners offer the best services to their clients.

Cryptocurrencies Make Up 40% in 2021

Of all the currencies used in 2021, cryptos contributed 40%. This is double the figure recorded in 2020, which was at 20%. Bitcoin was unsurprisingly the lead cryptocurrency but fifth in terms of all currencies used over 2021. This is how the three main cryptocurrencies performed:

Bitcoin (BTC) at 83.3%
Ethereum (ETC) at 8%
Litecoin (LTC) at 3.9%

SoftSwiss COO said the game aggregator is popular when it comes to providing B2B crypto solutions. The COO said cryptocurrencies are a top trend in the gambling industry, leading to their integration in its products.

SoftSwiss also brought onboard 60+ clients and over 20 game studios over 2021. Going into 2022, the game aggregator offers the following:

Over 11,800 games
3,000+ crypto-optimized games
Content from over 170 game studios

Some of the most popular games available in the aggregator’s portfolio include:

Lightning Roulette from Evolution
Book of Dead by Play’n GO
Sweet Bonanza by Pragmatic Play
Elvis Frog in Vegas by BGaming
Fire in the Hole xBomb by Nolimit City

Decreased Social Activity Leads to Increased Demand for Online Entertainment

The head of the game aggregator department at SoftSwiss commented on the trend witnessed over the lockdown period in 2020. Tatyana Kaminskaya said people had no option but to spend most of their time at home and online.

That leads to reduced social interaction and increased demand for online entertainment. This was further seen in the increased number of wagers placed throughout 2021. The trend forced SoftSwiss to offer its clients even more varied content to ensure their audience remains engaged.

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Nerijus Grenda

Published: 14 Jan 2022

| Updated: 13 Mar 2023

Nerijus Grenda is a prolific contributor to the GoodLuckMate site. With a deep understanding of the online casino industry, gained from his own experience as an avid player, he offers valuable insights on what sets the best casinos apart from the rest. As a writer, Nerijus shares his expertise through expert analysis and thoughtful commentary on various topics related to online gambling, including casino reviews, game guides and industry trends.

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