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eWallets provide an increasingly popular way of making online payments, with eWallets for iGaming particularly important now. This is one of the most effective ways to make fast and secure iGaming payments to start playing casino games for real money. It is one of the leading payment methods for online gambling for several reasons we’ll be looking at. While it’s also possible to pay directly from a bank account or use alternative methods to make payments, such as credit and debit cards from Visa and Mastercard, eWallets offer seamless transactions with low fees, among other benefits. The advantages of using
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Malta is a small European country that earned a considerable reputation as a hub for online gambling activities. It was the first EU member state to regulate online gaming products back in 2004 when the Maltese government effectively established the benchmark for licensing, fairness, and responsible gambling practices. However, the Maltese license is valuable for gaming companies not only because gambling has become legal in the state but also because of the favorable tax regime for such businesses. We are talking casino games, horse racing, and sports betting games – many online gambling platforms from the gaming industry are welcome
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Open banking is a relatively “young” technology, with its official implementation in the EU starting in January 2018. The innovation allows third-party providers to securely access bank account data and initiate payments using APIs with the user’s consent. Open banking payments are faster and more transparent because they bypass traditional payment networks. Open banking emerged in response to regulatory frameworks like the revised Payment Services Directive (PSD2) in Europe, which was introduced to increase competition, innovation, and security in the financial sector. PSD2 requires banks to open their payment services and customer data – securely and with user consent –
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iGaming is part of the gaming industry that has undergone massive growth. It is still considered a high-risk industry, which means traditional venture capital investment is highly unlikely, but despite this, it’s an attractive area to invest in. Because not every investor will deal with an iGaming-related business, it is harder to raise capital to make a solid start. Besides its high-risk status, there are also some other nuances to consider. Find out how to secure funding to fuel rapid growth while avoiding key issues that could harm the company’s future. Why iGaming startups need a solid fundraising strategy The
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The online gambling business is in good shape, a rapidly growing industry with an enormous 5,42% annual growth rate for 2025-2029, which is more than the expected GDP growth in many countries. Global iGaming market trends indicate it’s a worthy investing pool, and it provides many opportunities for rapid growth for iGaming businesses. In this article, our team explains how to attract investors for iGaming business companies, providing some tips on what you can do to succeed. Understanding the iGaming market landscape First and foremost, why is the iGaming market in such a good position? If we take a look
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The first letter in “iGaming” stands for the internet, which is notable. The iGaming companies were built on the web foundation and naturally rely on reliable and secure payment providers. Here at Genome, we work with such clients and know a lot about iGaming payments. Find out how they work in the article below. What are iGaming payments? Deposits that people make when playing online games, cash withdrawals that customers get after winning at online casinos, or any other online gambling-related two-sided transactions are all considered iGaming payments. Any payment solution or alternative payment method would be considered an iGaming
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Fintech (financial technology) and iGaming industries benefit from each other as their cooperation grows. For one, fintech solutions are revolutionizing how players engage with online platforms by providing a wide spectrum of services. For instance, instant payments and blockchain security. On the other hand, the gamification of services has become more common within financial businesses. In today’s article, we will explore the synergy between the gaming industry and fintech and find out which direction it goes. The integration of financial technology in iGaming The global iGaming market is projected to reach $133 billion by 2029, partly driven by financial innovations.
Money and you
Responsible gambling tips are important for anyone who wants to place some bets. The right advice can help bettors avoid problem gambling issues. Following this advice increases the enjoyment of betting sites and helps keep the player’s financial health in order, too. To support responsible gambling and help users avoid gambling problems, our team has prepared some important tips to follow. We’ll be looking at how gambling activities can be safer when carried out responsibly. Understanding responsible gambling What is responsible betting, and how can people avoid becoming problem gamblers? This is about the way you view gambling and use
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The online gambling market is one of the most successful sectors. It shows annual growth and is projected to reach a revenue of $107,30 bn in 2024. Of course, part of its growth is a clever marketing strategy, and affiliate marketing plays a part in it. What are online casino affiliate programs? A casino affiliate program is a way for online gambling and iGaming payment solutions sites to attract and retain players. By rewarding the casino affiliate for bringing in each referred customer, the casino creates a sustainable way to grow that helps others earn money through commission. Each of