Pokies Giant BGaming Reflects on a Stellar Year
The current year is all but over, and people around the world are reflecting on the past 12 months. Businesses are going the same, with many publishing annual reviews, including pokies giant BGaming. Ivan Montsik founded BGaming in Belarus in 2018. It is impressive seeing how far the online pokies developer has come in four, short years.
Most of the current BGaming team worked for a division of Softswiss Group but broke off and became an independent company in 2018. More than 800 online casinos, including those found in our Australian online casino reviews, have BGaming titles in their portfolio. The company is known for its fondness of Bitcoin casino games, in addition to creating some excellent pokie games for Android and the iPhone.
Marina Ostrovtsova is the BGaming Chief Executive Officer a role she has enjoyed since July 2022. However, Ostrovtsova has been with the company since its April 2018 launch, acting as an Executive Director. The company has flourished under Ostrovtsova’s leadership, and its annual reports makes interesting reading as a result.
“It’s been a fantastic year for our company! We’ve experienced significant growth across key metrics, obtained new licenses and certifications, experimented with various mechanics and features in our games, and received numerous awards and recognitions. All of these achievements are a testament to our team’s hard work and dedication, and we are excited to see what the future holds as we continue to innovate and deliver the best gaming experience possible. We also extend our sincere thanks to our customers and partners for their support and for helping us achieve these successes.”
BGaming Numbers Up Across the Board
A BGaming press release gave some insight into the successes Ostrovtsova spoke about. However, it neglected to mention any monetary amounts. The figures show impressive growth in key areas. For example, the company’s employee count almost doubled from 64 to more than 120 people.
BGaming launched 30 new titles in 2022, which is more than two per month. In addition, the company created more than 70 customised games for casino operators. This is an area the company is keen on expanding in 2023 and beyond. According to the statement, player count soared 236%, resulting in gross gaming revenue (GGR) skyrocketing 217%. Aloha King Elvis, in particular, was a roaring success, which several outlets shortlisted for an award. We play tested the game this year; read the view here.
Putting its games in more online casinos is the main reason for BGaming’s hugely successful year. It started 2022 with 506 online casinos offering BGaming titles. It ended 2022 with its games in 800 projects.
Provably Fair Titles
An increasing number of online casino allow cryptocurrency deposits and withdrawals. As a result, more pokies use Bitcoin as a base currency. BGaming developed a Provably Fair system allowing customers to guarantee their games are random. The technique is used by prominent cryptocurrencies, such as Bitcoin.
The game’s result is calculated before a random string is added, and the data hashed and encrypted using the SHA-256 algorithm. The player then receives the data. Before placing a bet, the player enters a system-generated number or picks their own. The game takes place and the player can compare their complete data string with the end result. No match indicates something or someone tampered with the outcome. A perfect match indicates an entirely random outcome.
Two of the three biggest GGR producing BGaming machines have Provably Fair technology installed. Furthermore, interest in crypto projects continues to grow by at least 15% annually.
In conclusion, the future is bright for BGaming based on the past 12 months. The company is growing, it continually releases new titles, and both players and casino operators love those games. That is a great situation to be in.
