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Why mergers and acquisition is happening so frequently in the iGaming industry?

Mergers & Acquisitions are quite common in the iGaming business. In fact they are somewhat increased very much from last few years. It seems that entire iGaming and online gambling industry is going through a lot of shuffling. Being an iGaming business owner it is always tough to handle the stress related to iGaming Mergers & Acquisition . Most of the businesses seek the help of the professional iGaming consultants and companies to proceed with the merger and acquisition process. Most of the iGaming businesses are going for the M&A in order to cut down their cost and increase profitability. It all about time; few years ago most of the iGaming businesses like to sustain and survive by their own because there was not such competition. As today, competition has become intense therefore many small iGaming businesses are forced to join hands either with their close rivals or to a major player in order to sustain and survive in this market. The operating cost of an iGam...

Loop Holes to Be Filled with New iGaming Business Modeling

iGaming business is all about money and creative ideas. There is no doubt that most of the iGaming businesses that are doing successful are having a unique business model and going through a reformation. It has been seen that all the old iGaming businesses is not having many loop holes in their business model that are affecting the efficiency of their business. Most of the iGaming business still runs through the old way of payment system and they are somehow not able to get new clients. One of the things that make iGaming business more incompetent is the overhead of the staff. In the earlier days, iGaming businesses are having lot of work force and sales staff which is not necessary. Today, most of the iGaming work is been replaced by the automation and with the adoption of new technology the efficiency of the iGaming business has improved therefore there is no point in maintaining additional staff. In order to fill the gaps and demolish those loop holes that are bringing dow...

Why upgrading ERP is best way to promote your iGaming business?

iGaming business is quite different from any other form of business, as it is more complex and deliberate. In most of the countries, there are various obstacles for obtaining the license for operating an iGaming business, especially those complex taxation norms and political interferences. There are countries like Malta, where acquiring and operating a new iGaming business is quite easy and one could easily start their own iGaming startup with a reasonable cost. However, there days most of the imaging startups are facing the biggest challenge for the ERP (Enterprise Resource Planning)implementation. ERP is an essential part of the imaging business because it is the single window solution for all iGaming business needs.  Most of the iGaming business is still working on the traditional business model which was quite orthodox and outdated. The advance iGaming ERP solutions packages provide great liberty to the business owners to connect with gamers, players, and vendors thr...

iGaming Restructuring and Business up Gradation

Today, iGaming business is flourishing all over the world as more players are engaging in this business. There are many start ups also becoming the part of the elite iGaming business and doing major investments to set up their own iGaming business. The iGaming startups are always best to begin with low investment as profitability in the iGaming business is not up to the mark in the beginning. iGaming businesses all over the world are adopting the model of restructuring with mergers and acquisition. The iGaming restructuring is always a complex job and cannot be done without the proper iGaming consultancy and advisory. During the iGaming restructuring the major flaws is in the upgrading of the system. There are now many technological advancements happening and every business is adopting the complex iGaming procedures to enhance their business. Most of the old iGaming businesses are not able to survive because they have not upgraded their systems and business model. These days world i...

Scope of iGaming Consulting Businesses

Today, as many startups are looking for some new business verticals and a business segment where they can get success. In the same scenario there are various business verticals and segments which are not yet explore properly by the marketers. iGaming consultancy is one such specialized segment where there is a much scope of success in future. Although, let’s be honest, this is not really an easy segment to work in especially for someone who has never been to the iGaming industry. IGaming is the popular form of online betting system and as the popularity of the online betting is raising high more people are getting into the iGaming businesses and launching their own iGaming platforms. Since, many people who are getting in to this business don’t possess necessary skills and that’s why they are not able to taste success. As a result most of them are shutting their businesses after making huge investments. In order to survive with their venture they need strong iGaming consultancy and t...

Role of ERP in the iGaming Businesses

These days, every business whether online or offline are finding the new ways to improve the operational efficiency of their businesses.  There are various ways through you could improve the efficiency of your business, but perhaps the best way is the integration of the ERP. ERP which stands for the Enterprise Resource Planning offer a great deal for various businesses and iGaming business is no different. There are now available customized iGaming ERP solutions that are designed to provide multiple benefits that include: Streamlining of the business resources Vendor and partner management Outbound marketing and in bound marketing isolation General Ledger Module Setup for the iGaming Industry Data Management and Business Intelligence Contract Billing Management Payables Management, including Bank Reconciliation Management for Payment Providers, Vendors, and other entities. Player Data Management and Analysis. Integrations with 3rd Party Software with Microsoft Dynamics...

Why you need iGaming restructuring?

There are simply not one or two reasons to answer this question, because there are many. First of all it is extremely important to understand why you give a second thought to iGaming restructuring and what if you did not plan out your iGaming restructuring. Well, there were many things today that highly influence your iGaming business. Most of the new iGaming startups are struggling to achieve full fledged efficiency in their business and only few old businesses are able to survive in this highly competitive environment. The iGaming restructuring incorporates various processes that include mergers & acquisition, assets divestures, creditors and vendors negotiations, plans for turn around and special situation plans. There are also various factors that incorporates providing the most cutting edge technology and tools to enhance your iGaming productivity and provide the iGaming players with a wider portfolio of games. Remember, one thing that it’s all about delivering the best val...