Soft2Bet Reports Record-Breaking Growth in 2024: Doubling EBITDA and Revealing Strategic Milestones

Jan. 09, 2025: Soft2Bet, a premier B2B provider of iGaming turnkey solutions, has released its 2024 Growth Report, showcasing impressive achievements across financial performance, compliance, product innovation, and market expansion. The report also features insights from top executives and leading industry experts, reflecting the company’s visionary approach to the iGaming landscape.

In 2024, Soft2Bet achieved a remarkable year-on-year EBITDA increase, coupled with a substantial boost in consolidated group revenue. These accomplishments underscore the company’s commitment to innovation, regulatory compliance, and global market leadership.

For access to the full 2024 Soft2Bet Growth Report, visit https://www.soft2bet.com/report

Expanding Global Footprint

Throughout 2024, Soft2Bet made significant strides in expanding its presence in regulated markets worldwide. The company secured new licenses in Ontario, Mexico, Greece, and Romania, alongside three additional B2C licenses in Sweden. These developments strengthen Soft2Bet’s position in Europe and pave the way for its entry into North America, with plans to launch in New Jersey and expand further in Spain, cementing its status as a leader in online casino and sports betting.

Notably, Soft2Bet also finalized two major turnkey agreements in Mexico and Nigeria and secured its first MEGA partnership with a prominent European operator.

“Our MEGA solution has revolutionized player engagement and brand performance. This innovation has driven industry recognition, robust revenue growth, and successful market expansion,” shared Uri Poliavich, Founder and CEO of Soft2Bet.

Financial Achievements

Soft2Bet’s financial trajectory continued to excel in 2024, driven by its expanding licensed operations and superior B2B product offerings. Unaudited figures reveal that the company’s EBITDA doubled compared to the previous reporting period, highlighting its ability to scale sustainably and deliver consistent value.

Driving Innovation with MEGA and AI

In 2024, Soft2Bet introduced cutting-edge enhancements to its Motivational Engineering Gaming Application (MEGA) and launched AI-driven tools that revolutionized personalized gaming experiences. MEGA’s availability as a standalone solution empowered operators with advanced gamification and retention capabilities, resulting in a 65% surge in Net Gaming Revenue (NGR), a 45% increase in Average Revenue Per User (ARPU), and a 50% rise in deposit volumes.

Recognition and Awards

Soft2Bet’s relentless pursuit of excellence earned it 38 award nominations in 2024—a 322% increase from the previous year—and 10 accolades celebrating product innovation and market leadership.

Commitment to Corporate Social Responsibility

Soft2Bet demonstrated its dedication to giving back through nine CSR initiatives, including community cleanups, health awareness campaigns, and support for NGOs. The company donated over €821,000 to charitable organizations, reflecting its commitment to social impact.

Industry Leadership

In September 2024, Soft2Bet Invest received the prestigious “Outstanding Contribution to the Gaming Industry 2024” award for its significant impact on the sector through innovation and investment. The €50 million iGaming Innovation Fund, launched by Soft2Bet Invest, continues to support entrepreneurs in AI, UX analytics, and high-margin gaming solutions.

About Soft2Bet

Soft2Bet is a globally recognized provider of iGaming turnkey solutions, renowned for its MEGA platform, which enhances player retention and engagement. With over 13 licenses worldwide, the company continues to lead the industry with its innovative approach to online gambling and sports betting solutions.

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