How To Launch Your Own iGaming Platform With White Label Solutions?

iGaming has become one of the most profitable industry in the world today. With a growing interest in gambling and more disposable income, wagering is now popular. Every day thousands of players join the iGaming platforms and try their luck. 

To cash on the demand & supply gap, new online casinos and sportsbooks enter the market every other day. Despite heightened competition, iGaming is a profitable and high-margin business.

Is This the Right Time to Launch the iGaming Software?

Yes, this, indeed is the right time to launch your online casino software. Why, You ask? Because laws are evolving, more jurisdictions are accepting wagering in their geographies. 

But, starting an iGaming platform is not a cakewalk. It is a consuming process to build online casino software from scratch. This is so because building an iGaming platform is complex. You must build the software, work on the UI/UX, integrate game providers, gather licenses, and market the product well. You must also run errands for third-party integrations and fix issues without expert guidance.

Just for your curiosity, this entire process can easily take up to a minimum of 6 months. And, this will depend on the expertise of your professionals to create, obtain and maintain the software.

White Label Software- An Ultimate Solution to Launch iGaming Platform Conveniently

White label iGaming solution is an integral part of the iGaming world. It allows businesses to quickly enter the market with their online casino and sportsbooks cost-effectively. White label iGaming software is a low-cost, low-effort solution. It saves a lot of your early business investment. There are many hidden costs in developing an iGaming platform. They can be quite high and may surprise you. Some of these costs are: creating a corporate structure, contracts with vendors, obtaining licenses, and tech and development team costs. Also, there are overhead costs.

Whereas when you opt for a white label gaming solution, all of these costs are born by you at fractions.

A White Label iGaming Software is a pre-packaged solution provided by iGaming software provider. It lets businesses launch their iGaming solutions with games like casinos, sportsbooks, or poker rooms. They don’t have to build the iGaming software from scratch.

The term “White-Label” refers to purchasing an already constructed template and branding it as your own. It allows some customization. A white-label iGaming software lets a business customize its look, feel, and features. It can also use the underlying tech, game offerings, third-party integrations, and licensing through iGaming software provider.

It ensures faster market entry and cuts costs for developing and maintaining the platform’s identity.

Benefits and Basic Principles of White Label iGaming Software

White label iGaming platform allows companies to buy and brand pre-packaged iGaming solutions as their own. The iGaming software provider handles the setup and tech work. The operator handles branding and management.

Some of the main advantages of white label iGaming platform are:

1 ) Faster entry to the market with bare minimum initial efforts.

With costs down to fractions of custom iGaming software, it is an excellent low-cost option for startups to enter the market.

2) Scalable Solutions

These cloud-based white label iGaming solutions are easy to scale and adjust to your growing player base effectively.

3) Open to Flexibility

While white-label iGaming software is low on customization, they are NOT zero on customization. White-label iGaming software providers allow some customization. Clients can change colors, branding, and some UX elements.

4) Access to All Leading Game Providers

Operators can easily integrate all leading iGaming content from game content providers using a white-label iGaming software provider’s network. They need not sign contracts with game content providers individually. Integrators, like PieGaming, use a single API to provide clients with all top iGaming content.

5) Integrated Online Payment Solutions

The white label solution has multiple payment wallets for fiat and crypto. It ensures easy and secure processing of payments, deposits, and withdrawals.

In a nutshell, you save time, funds, resources, and efforts as you do not have to build anything from the ground up. A white label iGaming software’s key principle is that operators need not build the software themselves.

Many traditional online casinos lose to white label solutions because they lack the design, development, and management expertise of white label iGaming providers.

Besides the core benefits, a white-label iGaming software provider offers:

• Time to create marketing strategies
• Guidance on licensing from the experts
• Technical support
• Economical advantages

Opting for a white label iGaming software solution brings down the ETA of concept to launch considerably down and output that is unmatchable.

Step-by-Step Guide to Launch iGaming Software with White Label Solutions

1. Conduct thorough research to pick a White Label iGaming Provider

Before finalizing your iGaming software provider, pen down your requirements. Check whether you want to offer online casino games, sportsbook, or a combination of the two. Then, gbegin your search online or offline. Filter the best providers. Compare their prices, offerings, reviews, and other factors to find the best. Finally, ask them for demos to test their software and to check if they meet your requirements.

2. Apply for the Necessary Licenses

First, check the regulatory requirements for your target area. Then, apply for the required licenses. Lastly, ensure the software complies with all legal must-haves. For example, in most places, you must comply with KYC and AML (Anti-Money Laundering) policies to work.

3. Customize Your Platform

Customize your iGaming platform’s branding. Use your logo, colors, and design. This will align it with your unique brand identity. Additionally, you can get UI/UX adjusted to create an attractive gaming atmosphere for your players.

Game selection and other third-party integrations like payment gateways are equally crucial to set the right foundation for your platform’s success. Ensure your selection caters to your current audience and is appropriate enough to diversify in future.

4. Launch Your iGaming Software

To successfully launch your platform divide your launch process into three steps- a) pre-launch testing, b) soft launch and c) complete launch. In the first step, run and test your software for bugs and fixes. Then move to the second step of soft launch. In this step launch your platform amongst a small audience to gather feedback and make amendments before the final launch. Lastly, when your iGaming software provider gives you the go-ahead you can launch your software into the market for the players.

5.  Management and Software Optimization

To monitor performance, use tools provided in PieGaming’s Players Account Management (PAM) system available in our white label iGaming software. It gives you, the operator, insights about overall revenue, players’ activities, business performance, and other key metrics important for your business.

Apart from this, customer support and regular updates keep the software up-to-date and engaging for the players throughout.

6. Don’t Forget to Scale!

After launching your business into the world of iGaming through one jurisdiction, focus on stepping into more geographies strategically. Expand your reach and diversify your offerings to attract more players from different demographics. This will not only help you explore more opportunities, but optimize your revenue streams as well.

The above guide has been carefully created to help you successfully launch and manage your iGaming platform using a white label gaming solution from PieGaming.

What Makes White Label Online Casino Software Successful?

To stand out amongst the rest in the market and attract a wider player base, it is crucial to set your foundations right. An outstanding iGaming software’s success depends upon the customer’s lifecycle and retention. Your white label iGaming solution must have the following:

• A diverse range of premium games like blackjack, roulette, baccarat, bingo, slots and more.
• A capacity to handle large volumes of traffic, be easily scalable, showcase great software performance, and highest functionality.
• To run it successfully, make sure it is regulatory compliant and licensed in all major jurisdictions like America, Europe, etc.
• It must support all major wallets for fiat and cryptocurrencies
• Lastly, have responsive customer support.

Summarizing,

White label iGaming software is a cost-effective and efficient way of launching your iGaming venture. When you partner with a reputable white label iGaming software provider like PieGaming, you get to utilize their expertise and iGaming development experience to build a rock-solid product at a fraction of the cost, time, and effort.

Their expertise and guidance help you to quickly launch premium software that is easily scalable in the market to cater to the unending wagering demands of the players in the iGaming world.

FAQs

• What is White Label iGaming Solutions?

  A white-label online casino or iGaming solution is pre-packaged software offered by iGaming software providers to help operators launch their own online casinos quickly. This software includes all the essential components, such as tech, gaming content, robust security, and player management solutions, to help operators run an iGaming business successfully.

• Why Should I Choose a White Label Solution for an iGaming Business?

  White-label iGaming solutions are the best choice for operators with a low budget or those entering the market for the first time. Apart from its many features mentioned above, white label iGaming software are quick to launch and save subsequent amount of cost for businesses. Therefore, becoming an ideal choice for operators to invest in.

• What are the features of white-label iGaming solutions?

  a) Some of the core features of white label iGaming solutions are: 1) Ready-to-launch platform with minimal setup required 2) A wide range of gaming portfolio to choose from 3) An array of widely accepted online 4) payment gateways to choose from Player Account Management (PAM) system to effectively manage players and business activities. 5) Integrated CMS and CRM tools to manage in-app promotions and address players queries in time.

• Which Providers Have the Best White Label igaming Software Solutions?

  PieGaming is one of most loved choice of operators from over 15 countries to get their white label iGaming software solution made. With its 10 unique templates and super fast delivery, PieGaming ensures operators get a unique solution built for their needs. Apart from this, their 4 years of experience in the iGaming world has given them a great perspective about how the modern industry functions. Experts from PieGaming continuously travel the world to explore various iGaming markets and seminars to understand the changing iGaming dynamics and integrating the foresighted requirements in their software early on. This gives them an edge over the competition, making them a preferred choice amongst operators.