888 Holdings, Authentic Gaming Partners To Provide Live Casino Games
Online gaming companies are currently racing to expand their operations on a broader territory. Companies in Europe are now lobbying state regulators for approval of online casino licenses. There is no better way to build a strong foundation than to merge operations with other influential companies.
Partnerships help firms bring their products to markets they have never explored before. It also provides gaming operators the chance to offer more innovative products to their patrons. Mergers and partnerships among casinos product developers and gaming operators appeared rapidly in Europe.
888 Holdings and Authentic Gaming partnership
The partnership of 888 Holdings and Authentic Gaming is one of the latest additions to initiatives from the gambling industry. Authentic Gaming has bragged its live roulette game 24/7 Roulette, Grand Roullete, and its Blaxe variant. 888 Holdings will bring the games to a broader market.
The integration plans to launch live streams of games from partner casinos in Europe and the US for their clients. Jonas Delin, the Authentic Gaming CEO, said the partnership is a breakthrough moment that marks the arrival of their arrival as the to live roulette provider in the world. He said they are thrilled to work with the world’s premier online gaming and entertainment solutions provider.
Online gaming products like live roulette continued to gain popularity as technology and software development.
The accessibility of online games contributes significantly to its success. People preferred playing their favorite online games in the comfort of their homes.
Guy Cohen, senior vice president of 888 Holding’s B2C, bragged that they were focused on providing vast game choices. He said they are happy to include live roulette in their portfolio. On Wednesday, 888 Holdings, Plc’s stocks increased to 147.17 pence per share after rising by 1.5 percent
Opportunities and forecast for online gambling and betting
Global online gambling and the betting market is expected to reach $107.2 billion by 2026 at a compound annual growth rate of 9.54 percent. Sports betting is projected to contribute the highest share during the period. Projections saw the increase in mobile use as smartphones, and the internet continues to develop during the projection period.
The legalization of online gambling and betting in Europe will contribute mainly to the rise of the industry. New opportunities will surface as the live streaming of online gambling continues to flourish. Innovative technology will continue to fuel the growth of the sector.
Projections concluded that the Asia Pacific would lead regions in terms of compound annual growth rate due to the rapid developments of the internet and the loosening regulations on online gambling. North America’s online gambling industry is expected to grow substantially. The betting market will grow at a more technical phase.
The US will stand as the most significant contributor in the region.
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