SOFTSWISS has unveiled its latest offering: a complimentary Sportsbook Budget Calculator. This comprehensive tool is designed to assist businesses contemplating the launch of a sports betting project in calculating the associated costs and potential benefits.
Drawing on the expertise of the SOFTSWISS Sportsbook team, the calculator covers all essential aspects of crafting a sports betting business plan. Moreover, with insights into local market nuances provided by Rubens Barrichello, Non-Executive Director in Latin America at SOFTSWISS, the resource proves especially valuable for those eyeing entry into the rapidly expanding the region.
Sports betting continues to rank among the most popular and promising segments within the iGaming industry. As per projections outlined in the Sportsbook Budget Calculator, the Online Sports Betting market is poised to achieve revenue of $50,39 bn in 2024, reflecting a 14.01% increase from 2023, with Europe emerging as the primary market. The anticipated revenue distribution across various sports categories is detailed as follows:
- Esports: 6.4%
- Basketball: 9.4%
- American Football: 9.4%
- Football: 9.4%
- Tennis: 12.5%
- Boxing and MMA: 15.6%
- Others: 37.5%
In addition to offering insights into the global sports betting landscape, the Sportsbook Budget Calculator also provides guidance on common budgeting mistakes along with recommended solutions. It includes a downloadable Budget Calculator file and a glossary of terms to ensure clarity on each variable.
Alexander Kamenetskyi, head of SOFTSWISS Sportsbook, comments: “At SOFTSWISS, we understand that careful planning is crucial for the success of any sports betting business. Accurate budgeting and detailed preparation are fundamental when launching a bookmaking operation.
“Turning a concept into a well-structured project requires meticulous planning and the right software platform, with an emphasis on product quality, especially in sportsbooks. Our extensive experience in sportsbook software enables us to guide our partners toward success.”
To commemorate its 15th anniversary in 2024, SOFTSWISS is extending a range of incentives to both new and existing clients, including gifts, bonuses, discounts, and special offers. As part of this celebration, new Sportsbook clients will enjoy complimentary access to the Jackpot Aggregator for all local jackpot campaigns during the initial 150 days post-launch.
Don’t forget to subscribe to our Telegram channel!
