INSIGHT VIRTUAL SPORTS GLOBAL SNAPSHOT - EUROPE
“I don’t think the market is
Te popularity of virtual sports and virtual sports betting in Europe is not something which has happened by chance. What primary factors have driven this growth? Is there still untapped potential in Europe, or is the market somewhat saturated?
Martin: In Europe, virtual sports are seen as a special and very specific kind of game, not just as casino games. Tey have become popular because players require more interaction and thinking when placing a bet, unlike slots. In countries where Virtual Sports are legally recognised and licensed, they generate massive incomes, becoming a crucial element for growth and security of sports betting companies.
Also, the potent combination of product excellence and continuous innovation in this field make virtual sports more prominent and engaging in Europe. GoldenRace’s virtual football has gained immense popularity and is now the most played in the industry. GoldenRace’s top motion capture technology, realistic odds, real team moves and camera angles, commentators and so on, make our virtual sports highly competitive.
I don’t think the market is saturated, there’s significant large markets like France, Germany, or Spain where Virtual Sports have not achieved their potential due to current legal status. Te path to this bright future seems contingent on more European countries following the examples of Italy, UK, and Poland.
Currently, these nations are the mainstay of the virtual sports industry, demonstrating that a proper regulatory framework can pave the way for boosting reach and revenues. At GoldenRace, we believe there's always room for improvement. Tat’s why we work so hard, to keep leading the virtual sports industry, offering our clients new improved games and updated solutions for their players to discover and enjoy.
Valentina: Europe has carved its place as a renowned hub of well-regulated gambling markets, spoiling its bettors and players with a plethora of choices when it comes to entertainment. It's no wonder that new gambling verticals and products often find their first test runs in Europe, as its consumers have a knack for being early adopters by default.
When it comes to sports betting, European customers have developed a taste for frequent sporting events. Tey like having a wide range of options to choose from, which is where virtual sports come in handy. With virtual sports games running every few minutes, it's a vertical that perfectly suits their craving for continuous action and variety. Tanks to Europe's penchant for choice, customers now expect a steady flow of fresh and diverse content to keep them engaged and entertained.
P98 WIRE / PULSE / INSIGHT / REPORTS
saturated, there’s significant large markets like France, Germany, or Spain where Virtual Sports have not achieved their potential due to current legal status. The path to this bright future seems
contingent on more European countries following the examples of Italy, UK, and Poland.”
Martin Wachter GoldenRace
“Europe has carved its place as a renowned hub of well-
regulated gambling markets, spoiling its bettors and players with a plethora of choices when it comes to
entertainment. It's no wonder that new gambling verticals and products often find their first test runs in Europe, as its consumers have a knack for being early adopters by default.”
Valentina Francione Kiron
“With Europe, we are talking about approximately 50 independent states with their own laws, own regulations, and own idea of the
development of the gambling sector. Our vertical is not regulated and legal in all
European countries, even though providers comply with all the rules and principles of responsible gaming.” Araksi Sargsyan DS Virtual Gaming
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