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Biggest take-aways from ICE Totally Gaming 2018 for iGaming companies

ICE Totally Gaming 2018 brought to light some interesting lessons in technology and laws. Read more to find out.

It’s never too late to learn a new lesson, isn’t it? Especially when we know that ICE Totally Gaming, the stellar gaming conference that concluded in February first week, never ceases to teach. From blockchain becoming mainstream in gaming to the realization that the number of US sports bettors will double once regulation is in place, the take-aways at ICE have been substantial. Let’s take a look.

# 1 Blockchain acceptance needs to hurry up

While it’s not news that cryptocurrencies have been on the minds of gaming companies for almost a decade, the technology behind them – blockchain – has caught the attention as a serious potential. Sports betting, gaming operators and iGaming companies now know that they need to tap blockchain technology if they wish to get ahead of the curve. ICE conference brought these resources together and no wonder that many such companies are now ready to invest in blockchain for gaming.

# 2 Payments will change

When blockchain is leveraged in the gaming industry, it shouldn’t come as a surprise that users will want to use crypto in order to enjoy gaming to the fullest. This calls for seamless payments integration with the existing platforms and it should be the priority. Crypto-friendly startups would bring about real innovation in the gaming, sports betting and fantasy sports sectors.

# 3 Laws are long overdue

ICE discussions couldn’t ignore the various regulations existing in the United States towards gaming laws. The Sports Betting USA track at ICEVOX sent some positive signals. Meanwhile, Iowa is currently among the list of states in the USA considering a legislation on sports betting. The message for the operators would be this – if the US does regulate sports betting, they should keep it as simple as possible. They should keep a close eye on recreational players and mass market appeal. The American Gaming Association is saying that the number of US sports bettors would double once the regulation is in place. What’s in it for sports betting license holders? They must build products that have broad appeal and drive traffic from casinos.

How can Vinfotech help iGaming companies to enter regulated market?

Vinfotech is world leader in fantasy sports website design and iGaming applications development. We offer tailor-made solutions for iGaming companies that help them enter regulated market. During the ICE event, we offered a plethora of options for various gaming companies towards enhancing their products. Most of them had one common question - how can they enter a regulated market? Here’s how it’s possible-

/ We offer daily and season-long fantasy sports solutions that fall into the category of ‘game of skill’ and hence are legal
/ Governments worldwide are now realizing the potential of both fantasy sports and online gambling
/ People are aware of online gaming, fantasy sports
/ We can help you enter Asian, Australian and American markets among others

iGamers looking to broaden their playing experience find daily or season-long fantasy Sports a highly enjoyable and engaging option. The highly immersive format of Daily Fantasy Sports allows the individual players to incorporate their skill and knowledge for a particular sport of their choice in selecting their teams and identifying players that can be useful in winning a particular championship. Similarly, the season-long format can keep the players engaged throughout the season. In simpler words, it is a real boost to the confidence of the gamers when their selected team wins a particular match and motivates them to indulge in recurrent cycles of gaming that in turn helps the casino operators make consistent revenues. As a result, this can be a lucrative option for iGaming companies.

How white label software can work as an great engagement tool for iGaming companies?

Vinfotech offers white label fantasy sports software for iGaming companies that they can use on top of their existing products or complement their offerings. Vinfotech’s white label fantasy sports software is a premium solution built for user engagement for iGaming provider. Here’s what we got –

/ All the insights based on working on more than 50+ fantasy sports websites and mobile applications have been added to the white label fantasy sports software for iGaming providers
/ Best in class designs that your customers will love. This looks like a very premium product
/ Receive regular product upgrades at a very low fee. We have a team of 100+ professionals working on fantasy sports software offering, probably the largest congregation of fantasy sports developers anywhere
/ Native iOS and Android Apps. These are pure native apps which offers the best user experience, we don’t trust Hybrid apps too much

If you have a killer product idea in the field of daily fantasy sports development or iGaming solution, we can help you bring it to light. Give us a call.

IN A NUTSHELL
  • Blockchain in gaming is going to be mainstream
  • Payment industry will benefit from crypto due to gamers’ preferences
  • iGaming companies can create daily and season-long engaging fantasy sports to enter markets like Asia, Australia and America

About Vinfotech

Vinfotech creates world’s best fantasy sports-based entertainment, marketing and rewards platforms for fantasy sports startups, sports leagues, casinos and media companies. We promise initial set of real engaged users to put turbo in your fantasy platform growth. Our award winning software vFantasy™ allows us to build stellar rewards platform faster and better. Our customers include Zee Digital, Picklive and Arabian Gulf League.

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