SoftSwiss
Ivan Montik Founder
What are the origins of SoftSwiss and what’s your USP?
We started our first business of software development and related services back in 2008 as a small team of four people including myself. SoftSwiss as a brand appeared in July 2009 in Minsk, Belarus. Today, SoftSwiss is a recognised industry leader in iGaming software solutions development. Te company has an international team, which counts 600 plus employees and has an official presence in several European countries.
SoftSwiss holds a number of gaming licences, providing a ‘one-stop-shop’ white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. SoftSwiss has a vast product portfolio, which includes an online casino platform, game aggregator with thousands of casino games, an affiliate platform Affilka, and a recently launched sportsbook platform. To date, the SoftSwiss client network counts more than 100 iGaming brands working on the SoftSwiss platform. In 2013, SoftSwiss was the first in the world to introduce a bitcoin-optimised online casino solution. Te company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming. Being a leading-edge iGaming provider, SoftSwiss steadily enhances its broad product portfolio with continuous innovations with the help of a powerful team of professionals.
What future changes do you predict for online casinos?
One of the most vivid trends, which we can’t stop talking about today, is deeper penetration of cryptocurrencies into online gaming. Te first casinos accepting Bitcoin appeared in 2013 as cryptocurrencies became a hot topic. Some of them, the stronger ones, are still successfully operating today. However, many operators suffered from the meltdown in the sector which we were witnessing from 2018 till the end of 2020, when Bitcoin fell to just 25 per cent of its maximum value. Users lost confidence in the
P76 WIRE / PULSE / INSIGHT / REPORTS The first casinos accepting
Bitcoin appeared in 2013 and the stronger ones are still operating today. However,
many operators suffered from the meltdown in the sector, when Bitcoin fell to just 25 per cent of its maximum value. Users lost confidence in the trustworthiness and liquidity of Bitcoin. As a result, a lot of
cryptocurrency startups didn’t survive the crisis and Bitcoin were casinos among them.
trustworthiness and liquidity of Bitcoin and its reputation was damaged. As a result, a lot of cryptocurrency startups didn’t survive the crisis and Bitcoin casinos were among them.
Te amazing growth of Bitcoin that we are witnessing currently, when everyday it’s rising to a new record, is influencing major industries and online gaming is no exception. Moreover, the gaming sector with its open-mindedness and positive previous experience has higher chances
to profit from implementing cryptocurrency technologies than any other industry. Our industry already has everything needed to adapt to the new economy powered by crypto- currencies: stable platforms with proven technology, players willing to use Bitcoin instead of fiat money, operators eager to avoid lengthy communication with banks and payment providers. What remains is better legal regulation in the sphere and complete government acceptance of crypto currencies and Blockchain as the new world finance system. Tis would really speed up the development of cryptocurrency casinos.
Mobility is another vivid trend dominating in the online gaming sector. People want to be mobile. Tey want to enjoy playing even when they’re away from home and there's no access to their computer. Why not continue playing your favourite slot while waiting for an appointment at the doctor's office? Te mobile technologies we are investing into are significantly improving UX: user friendly interface, intuitiveness, top- notch graphics and animations bring it to a completely new level.
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