Soft2Bet Growth Report Highlights Unprecedented Success in 2024: Doubling EBITDA and Revolutionizing the iGaming Industry

Jan. 09, 2025: Soft2Bet, a trailblazer in providing B2B iGaming solutions, has unveiled its Soft2Bet Growth Report, detailing an extraordinary year of financial achievement, product innovation, and market expansion. With EBITDA doubling year-over-year and remarkable milestones achieved, the company solidified its standing as a global leader in the online gambling sector.
The Soft2Bet Growth Report reveals the company’s forward-thinking strategies and significant progress in regulated markets, offering deep insights into its journey toward innovation and excellence.
For full access to the Soft2Bet Growth Report, visit https://www.soft2bet.com/report
Expanding Horizons in 2024
Soft2Bet’s relentless expansion into key markets marked 2024 as a year of global transformation. The company obtained new licenses in Ontario, Mexico, Greece, and Romania, while further strengthening its European foothold with three additional B2C licenses in Sweden. Efforts to enter the U.S. market, starting with New Jersey, demonstrate its commitment to North America’s dynamic iGaming space. A planned launch in Spain is also set to enhance Soft2Bet’s dominance in online casino gaming and sports betting.
In addition, Soft2Bet finalized major turnkey agreements in Mexico and Nigeria while achieving its first MEGA partnership with a prominent European operator.
“Our MEGA platform has redefined how brands engage players, generating stronger returns and enabling seamless market entry,” stated Uri Poliavich, Founder and CEO of Soft2Bet.
Financial Breakthroughs
Soft2Bet sustained its growth momentum in 2024, leveraging its robust operational base to deliver exceptional financial results. Doubling EBITDA compared to the prior year, the company’s unaudited consolidated numbers highlight its ability to innovate and adapt while scaling sustainably across diverse markets.
Innovation at the Core
At the heart of Soft2Bet’s success lies its ability to innovate. In 2024, the company introduced transformative enhancements to its Motivational Engineering Gaming Application (MEGA) and launched AI-powered tools for tailored game recommendations. These advancements yielded significant results:
- 65% growth in Net Gaming Revenue (NGR)
- 45% increase in Average Revenue Per User (ARPU)
- 50% rise in deposit volumes
MEGA’s availability as a standalone solution has empowered operators to implement cutting-edge gamification strategies, driving player retention and engagement.
Recognized for Excellence
Soft2Bet’s efforts did not go unnoticed, with the company earning 38 award nominations in 2024—a remarkable 322% rise from the previous year—and securing 10 prestigious accolades for its innovative contributions to the iGaming sector.
Commitment to Corporate Responsibility
In 2024, Soft2Bet championed nine Corporate Social Responsibility (CSR) initiatives, including health awareness programs, environmental cleanups, and philanthropic contributions totaling over €821,000. The company’s dedication to giving back continues to resonate within its communities and beyond.
Pioneering Industry Leadership
In September 2024, Soft2Bet was honored with the “Outstanding Contribution to the Gaming Industry 2024” award. The accolade celebrated the launch of Soft2Bet Invest, a €50 million iGaming Innovation Fund designed to support startups in AI, UX analytics, and high-margin gaming solutions.
About Soft2Bet
Soft2Bet is a leading provider of innovative iGaming solutions, offering turnkey platforms that empower operators to succeed in the competitive online gambling industry. Known for its MEGA platform, Soft2Bet has redefined player engagement and retention, establishing a global presence with over 13 licenses and numerous award-winning brands.