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Social Casinos: A European Springboard into the USA
By Shane Addinall May 30, 2024 IndustrySocial casinos are popular pastimes in Europe and North America. Learning how European game developers use them to establish a foothold in the USA provides interesting insights into iGaming expansion.In a recent discussion hosted by Casino Guru, European casino software developers Playson, 3 Oaks Gaming, Thunderkick, GreenTube, and Infinigame covered the use of social casinos as strategic entry points to gauge US player preferences and build a loyal player base in the market.
Playson Chief Commercial Officer Tamas Kusztos said:
Quote“For many new entrants, social casinos provide them with access to a huge market with limited regulatory obstacles to jump through.”
They agreed that this is becoming an increasingly popular method for EU slot providers to tap into the American player base due to the low regulatory hurdles and high potential for brand recognition that social casinos provide.
Popular game mechanics, such as Hold and Win, and innovative features are key to attracting players. These insights help providers tailor their offerings to transition to real-money gaming in regulated US states successfully.
The Strategic Value of Social Games
The panel agreed that social casinos are an essential stepping stone for European slot providers entering the US market, as they provide unique insight into a wide variety of marketplace needs.
- Strategic Entry: Social casinos offer a low-risk, high-reward entry point with fewer regulatory challenges.
- Player Preferences: Providers use social casinos to understand and adapt to US player preferences.
- Game Mechanics: Popular features like Hold and Win games are central to engaging players.
- Future Growth: Companies aim to establish a strong presence in social and real-money US casino markets.
These platforms offer a strategic entry point with fewer regulatory challenges, enabling companies to understand and adapt to American player preferences. Popular game mechanics like Hold and Win are crucial in engaging players and helping providers refine their offerings.
Ultimately, these companies aim to establish a strong presence in the US social gaming and real-money casino markets, leveraging insights gained from social gaming to succeed in real-money ventures.
Social Casino Trends in 2024
The software developers also highlighted three important fun-play gambling trends that will allow European companies to establish themselves in North America.
- Hold and Win Popularity: This game mechanic resonates well with US players, mirroring preferences in European markets.
- Interactive Features: Games with social elements like tournaments and leaderboards are highly appealing.
- Market Growth: As more states regulate online gambling, the US market is expected to see a surge in social casino offerings.
Popular in Europe, hold-and-win mechanics resonate with US players, indicating a cross-market appeal. Additionally, games featuring interactive elements like tournaments and leaderboards are highly attractive, enhancing player engagement.
Thunderkick Chief Commercial Officer, Svante Sahlström, said:
Quote“Trialling a small number of our titles in varying regions will provide an understanding of the unique profiles we can expect, and we can therefore target those accordingly.”
With more US states moving towards the regulation of online gambling, the social casino market is poised for substantial growth, offering European providers an expanding landscape to establish their presence and prepare for real-money gaming opportunities.
What Does the Future Hold?
European gaming companies can use social casinos to enter international casino jurisdiction with minimal regulatory hurdles. These platforms allow providers to understand US player preferences, refine their products, and build brand loyalty.
Infingame Development Officer Denys Cherievko said:
Quote“Our aim is to make a substantial impact on the US market. From what we have seen already, there are many opportunities for us to flourish and become one of the leading content aggregators by increasing interest in the game provider brands we represent and increasing the popularity of social casinos with audiences.”
Establishing a strong presence in the social casino space lays a solid foundation for future real-money gaming ventures. Insights gained from social gaming ensure a smoother transition to regulated real-money states, setting the stage for long-term success in both social and real-money US casino markets.
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