For those, who just want to enter the iGaming industry, it may be challenging to figure out all the terms and types of the companies operating in this market. Two most common types of the companies here are iGaming platform and iGaming operator. It is crucial to discern between them, as these entities play distinct roles in running the digital gaming experience, each contributing unique elements to the industry. Previously we have prepared a useful article with complex analysis of the iGaming businesses. Now we want to clarify the main differences between the platforms and operators, performing in the industry of iGaming.
Table of Contents
Crafting the Digital Playground
An iGaming platform serves as a dynamic digital hub, a virtual realm where the variety of classic casino games seamlessly meet with the convenience of online accessibility. Imagine a space offering poker, blackjack, slots, and sports betting at the click of a button, delivering a gaming experience to users worldwide. These platforms not only provide real-time games but also incorporate interactive features and, at times, live dealer interactions.
Key Features of iGaming Platforms:
- Functionality
● A comprehensive digital space hosting a variety of online games.
● Real-time gameplay, interactive features, and occasional live dealer interactions.
- Partnerships
● Collaborates with gaming providers to attract a diverse player base.
● Focuses on individuals seeking excitement, social interaction, and the chance to win prizes.
- Operations
● Can independently handle transactions or collaborate with third-party payment providers.
● Offers flexibility in navigating in-house development complexities.
Architects of Online Gaming
On the other side are iGaming and Online Betting Operators. These are companies that actively shape the online gaming environment, either autonomously or by leveraging solutions provided by iGaming platforms. Their responsibilities span various crucial aspects of the gaming landscape.
Roles and Responsibilities of iGaming Operators:
- Functional Focus
● Architecting the online gaming environment independently or through platform solutions.
● Handling tasks such as traffic acquisition, player attraction, and ensuring efficient payment acceptance.
- Evaluation Criteria
● Meticulously evaluating iGaming and Sports Betting Software Providers based on specific criteria.
● Criteria include vertical variety, reliability, licensing, integration capabilities, and security measures.
- Collaboration
● Collaborates closely with iGaming and Sports Betting platforms.
● Ensures the creation of a secure and exciting gaming environment on a global scale.
Key Distinctions
- Primary Function
iGaming Platforms: Hubs offering a range of games with a focus on partnerships and attracting diverse players.
iGaming Operators: Companies responsible for crafting and managing the online gaming environment, evaluating platforms based on various criteria.
- Operational Approach
iGaming Platforms: Flexibility in handling transactions independently or with third-party providers.
iGaming Operators: Tasked with ensuring traffic, player satisfaction, and efficient payment processes.
In conclusion, the iGaming ecosystem functions on the relationship between platforms and operators. While platforms create immersive digital spaces, operators shape and manage these environments to offer players a secure and enjoyable gaming experience. Understanding these distinctions is pivotal for businesses aiming to navigate the iGaming industry.
