The online gambling industry experienced massive consolidation in the last 10 years. The largest chucks of online gambling revenues go to sports book operators. Casino and Bingo sites, have also been popular on a regional basis, but it’s the Sports betting brands that attract the largest amounts of players. As a result these sites have become gambling destination websites where players can bet on sports first and then are invited to cross over to poker, casino, slots, bingo, virtual games and even live dealer games done via live video streams. This especially works, because sports betting is a very regional experience. Players want to bet on their local teams and those must be displayer by local IP; a lot of testing goes into making sure the right games are provided to the right localities.
The other impact of consolidation was that there are now very few B2B providers available to buy; plus the cost of doing a raw (with core services) B2B deal is now anywhere from 10-15% of revenue share, making building new software quite an expensive option.
If a crypto currency exchange wants to enter the market with its own technology, have an existing brand, and have a built-in team ready to partner with in the long run, then there are still some options. However, in some cases they would require a hostile takeover of a minority founder.
If you are interested, please contact us. We can help you expand your business in this exciting industry.