In the world of business, the concept of startups is something that is incredibly popular and common. Startups can be defined as companies or ventures that centralize their efforts on providing a single product or service to the market of their choice such as the gambling industry. Not only are startups important for economic growth but they are also crucial in spurring innovation and growth for a particular industry. With the gambling industry rising in popularity more and more every day, it is worth discussing the top gambling startup brands that are emerging at the moment.
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Rise of the Gambling Industry
Firstly, it is important to note that in recent years the gambling industry has experienced a huge rise in profit and startups are a lot more common in the sector as a result. If you want to find out more information about gambling start-up brands head to BonusFinder.com for more info.
Of course, those who are interested in the gambling industry would have heard of the Betfair Group which is an international internet sports betting company. Their services provide a wide range of sports betting and gambling-related activities online in the United Kingdom and internationally. Generating an annual revenue of more than $462 million, the company has been successful in offering a range of products including Betting Exchange which allows customers to wager against each other as well as Sportsbook which permits customers to bet against Betfair on sporting outcomes. On top of this, the company also offers a myriad of gaming products including casino games such as poker and bingo as well as online horse racing betting services meaning that customers are spoilt for choice.
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Furthermore, Bet365 is a provider of an online sports betting platform encouraging customers to partake in betting on a wide range of sports such as football and basketball as well as providing them with the chance to engage in casino games. Although the company started off small having been founded by Denise Coates with just 12 employees, it now employs over 7000 people. With over 90 million customers, this company has an estimated £2.8 billion annual revenue meaning that it is showing no sign of slowing down.
Of course, Jackpocket is another fantastic start-up business, it gives players a secure way to order official state lottery tickets right from their smartphones. This business offers a seamless experience for its customers with a free platform that allows them to download the Jackpocket lottery app and play official lottery games like Powerball and Mega Millions on their smartphones. Not only is this incredibly convenient as it means that they won’t lose their lottery ticket as it is stored in one place, but it has also benefited lotteries in generating revenue. The business itself makes money through service fees by charging a fee of around 7% to 10% for the company’s courier service.
When discussing some of the top gambling startup brands, we cannot neglect to talk about MPL which is an e-sports and mobile gaming platform. This startup brand has created a platform that allows players to play more than 60 games whilst interacting with a wide range of people from all over the globe. With cash prizes that are easily redeemed, players are spoilt for choice when it comes to choosing what game to play such as Ludo, Fruit Dart, Carroms, and many more. This startup business has also ensured that the app is convenient for all of its customers as it is available for both Android and iOS users. MPL is also considered to be India’s third most-valued gaming startup and has generated a lot of revenue from sales.
On top of this, Millionare Entertainment is another startup gambling brand that has truly made a name for itself not just for providing online services but also physical products. Having been created in 2009, MEPL was the first company to introduce Poker Chips Sets in India and has truly amassed a following since then. The brand ‘Casinoite’ is responsible for providing players with Poker Chips Sets, Poker Tables, and Playing cards both online and offline. Known for having high-quality products and a set of ethics that they adhere to, this company is gaining more popularity as each day passes.
Ultimately, crucial for spurring the economy and providing a host of new products and services, startups are incredibly important for the gambling industry. From Betfair and MPL to Jackpocket and Millionaire Entertainment, the list of gambling startups is endless. However, owing to its sheer number of services, notable reputation, and impressive generation of revenue, Bet365 can be considered the top start-up brand overall. With this in mind, why not try out pledging your loyalty to startup businesses today to experience their benefits?