SOFTSWISS Releases Groundbreaking Sportsbook Budget Calculator Tool
SOFTSWISS, a renowned iGaming software provider, has recently unveiled a remarkable Sportsbook Budget Calculator. This innovative tool aims to assist enterprises looking to venture into the sports betting industry by aiding them in estimating costs and potential returns.
Drawing on the extensive expertise of the SOFTSWISS Sportsbook team, the Sportsbook Budget Calculator covers all essential aspects involved in devising a sports betting business strategy. With valuable insights on regional market intricacies provided by Rubens Barrichello, Non-Executive Director in Latin America at SOFTSWISS, this resource proves particularly beneficial for those eyeing the burgeoning Latin American market.
The Lucrative Landscape of Online Sports Betting
The Sportsbook Budget Calculator forecasts that revenue in the Online Sports Betting sector is set to reach EUR 46.67bn in 2024 – marking a notable 14.01% surge from the previous year, with Europe serving as the primary market. The projected revenue breakdown across various sports includes:
- Esports – 6.4%
- Basketball – 9.4%
- American Football – 9.4%
- Football – 9.4%
- Tennis – 12.5%
- Boxing and MMA – 15.6%
- Others – 37.5%
Aside from offering an overview of the global sports betting landscapes, the Sportsbook Budget Calculator also covers common budgeting errors and their remedies, a downloadable Budget Calculator tool, and a glossary of terms for enhanced comprehension of each variable.
Insights from Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook
Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, weighs in: “Planning is a critical element for the triumph of any sports betting enterprise. Precise budgeting and meticulous preparation are indispensable during the debut of a bookmaking venture. Transforming a concept into a well-structured initiative mandates thorough planning and the selection of a suitable software platform, emphasizing product excellence, particularly within sportsbooks. Leveraging our extensive background in sportsbook software, we empower our partners on the path to success.”
In commemoration of its 15th anniversary in 2024, SOFTSWISS is extending an array of gifts, bonuses, discounts, and exclusive deals to new and existing clients, inviting all to partake in the revelry. Furthermore, new Sportsbook clients can avail the Jackpot Aggregator at no cost for all local jackpot campaigns during the initial 150 days post-launch.
About SOFTSWISS
SOFTSWISS stands as a global tech entity providing cutting-edge software solutions for overseeing iGaming ventures. Boasting a team of over 2,000 professionals, the company operates from Malta, Poland, and Georgia, holding multiple gaming licenses and offering all-in-one iGaming software solutions. Their diverse product lineup encompasses the Online Casino Platform, the Game Aggregator housing thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In a pioneering move back in 2013, SOFTSWISS rolled out the first Bitcoin-optimized online casino solution globally.