iGaming Business magazine Futures Report 2019 | Page 3

record the largest growth increase this year – a trend that will likely continue in the years ahead. Solutions experts that utilise big data technologies, improve data feeds and bring insights to their sectors will also play a vital role in the coming years, as automation will be of high importance to betting brands. The leading companies that are investing in and offering innovative solutions (whether that is segmentation, gamification, AI or BI) are enabling new opportunities to the entire igaming industry. Regulation forms another significant aspect of the entire igaming ecosystem and its adoption of technology innovations. Looking after the legislative framework, creating an effective business approach that enables transparent operations and opening new markets will boost technological innovation in those areas. For instance, the US opening up presents long-term opportunities, as well as in the Latin American market where many new jurisdictions are moving in the right direction. Japan will definitely stimulate the emergence of new technology projects and innovative services in gambling. Additionally, blockchain technology, especially cryptocurrencies, has found a perfect match and implementation in online gambling. Rooted in the idea of democratisation, these blockchain “The leading companies that are investing in and offering innovative solutions (whether that is segmentation, gamification, AI or BI) are enabling new opportunities to the entire igaming industry” technologies are already blooming in terms of usage for online betting brands. Moreover, cryptocurrencies form a strong bond between many gambling verticals, including esports. With their main audience being high net worth individuals aged 18-35 who are looking to use their cryptos in new and interesting ways, the cryptocurrency community offers prime potential growth opportunities. When first introduced 10 years ago, Bitcoin was not expected to have much impact over the world, but now the igaming industry is one of the few directly using the most popular crypto as a wagering option. The blockchain and cryptocurrencies offer a huge step forward for the gambling industry and will provide a level of trust never seen before. ‘Spirit of Genius’ is one way to describe the innovative approach taken by both the industry’s leaders and start-ups, which is going to unite all of us at ICE London 2019. All are travelling along the same road to creating an enhanced user experience and technological environment. COMPANY PROFILE •NAME ULTRAPLAY •FOUNDED 2010 •SECTOR ESPORTS, BLOCKCHAIN, IT •WEBSITE ULTRAPLAY.CO •TWITTER @ULTRAPLAYLIVE JANUARY - FEBRUARY 2019 • ISSUE 114 • 31