The TVBET team has shared key points that explain the company’s success in the gambling industry.
Cyprus.- The fact that modern gaming sector is represented by the enormous number of casino and betting operators often baffles new market entrants on their way to prosperity. It goes without saying that competition among the industry participants is extremely high, particularly for those companies that do not have a clear differentiation. So how should new companies take action when competing with the gambling giants which have reached all corners of the globe?
One example of good positioning comes to mind, and that company is TVBET. The B2B provider of fast lottery games for sportsbook and casino operators entered the market comprehensively in January 2019 and since then company acquired more than 100 partners worldwide. A small group of dedicated people that have worked in the industry for many years, decided to get the people excited by inventing an enticing product for betting. Having studied the market dominated by sports betting, slots, and casino games the team agreed to combine them in an all-in-one product without a flow.
Accordingly, TVBET’s fast live-games can be described as popular and well-known TV, lottery and card games with a modern twist in a live format. Such games like KENO, PokerBet, Backgammon, 21Bet, Wheel of Fortune, JokerBet, and others are popular worldwide. The whole set is available for both casino owners and bookmakers that can add them in the form of integration with no setup fees.
The product is designed in the form of fast live games where all the events are hosted by charming presenters. A single game lasts around 3 minutes, during which people can place their bets live or in advance on up to 10 future events. The provider notes that such beautiful and professional dealers hold players for a long time, thus affecting the traffic increase on the platforms of their partners. Currently, more than 100 operators from the sports betting and casino industry felt steady monthly growth of bets and GGR through integration with TVBET.
It is important to note that all the 11 games do not suffer from seasonality, as is the case of sports competitions. Such bookmakers as Parimatch, 1xbet, MelBet, 22Bet, Pin-Up, and others understand the value of these live-games that shows revenue during the off-season. According to TVBET, on average its share reaches 30% percent in the total amount of bets sports betting companies have. It is no wonder, therefore, that the B2B provider already cooperates with such a number of operators.
Owing to its favorable positioning, TVBET captured the prevalent market share in the niche of fast live-games for bookmakers and casino operators. In fact, the company was founded in 2016, but the official launch dated from the beginning of 2019 when the team began to actively engage its partners. Its team’s ambitions are confirmed by significant investment in cutting-edge streaming technologies and certified equipment, as well as global market expansion. For instance, this year the company was represented at more than 10 leading gaming expos in Europe, CIS, Asia, and Latin American regions.
Moreover, the success of the provider is noted by industry experts. In the first year of the participation, the team was awarded from numerous authoritative organizations in Europe as BEGE Expo, AGE, LoginCasino Awards, and shortlisted in several categories at SBC Awards and Global Gaming Awards. The use of technological superiority of TVBET along with its game features like 3-level jackpots, cashback, and bonuses which direct competitors do not have, suggest that now it’s the #1 provider of live-games.
The team of TVBET modestly replies that this is just the beginning, but even now the company has grown to more than 150 staff, consisting of its own developers, technical and customer support, sales and marketing, operators and presenters. The fact that all the processes in creating and maintaining the provider’s versatile games are established independently encourages its clients. One important note here is that TVBET is an indie provider, who is not an affiliate of a particular market player.
Thus it can be concluded that a well-thought-out positioning along with an exclusive product with the correctly planned promotion can take companies to the global level even in a highly competitive environment.