The Australian gambling industry is ever-growing with excitement. It is home to several players seeking the best and most rewarding online gaming experience. The increase in casino operators became noticeable following the global COVID-19 pandemic as they tried to cater to the needs and preferences of Aussie gamers.
As a result, the sector has achieved great results, as it is valued at $11 billion, and estimates project it could reach $14 billion by 2028. This growth piques casual and seasoned players’ interests, wondering who these game providers are and how they operate. An iGaming provider is a company that develops and supplies gaming products to casino platforms.
In addition, this company develops platforms that power online casinos. They include a user interface, integrated payment gateways, and responsible gaming features. This guide shares more details regarding their operations and their partnership with casino platforms.
The Growth of Software Providers in Australia
A software provider crafts hundreds of pokies, table games, and live dealer titles for online casinos. The Australian casino platforms feature a mix of provider companies as the demand for entertainment and betting activities grows.
Industry giants like Microgaming, Playtech, NetEnt and Evolution Gaming have impressed the Aussie market so far with their high-quality games and cutting-edge technology. On the other hand, newer providers are also making their presence felt. They often specialise in specific game types for players needing unique gaming experiences.
Incredibly, the influx of these newer companies has fostered innovation and kept the market competitive. Now, gamers have a wider range of options and can enjoy gaming on the go.
Regulation of iGaming Operators in Australia
Despite the expanding interest in the iGaming industry, establishing a presence in this regulated sector is not easy. Australia’s regulatory framework is akin to that of the United States, where each region governs gambling.
As such, operators must navigate licensing requirements and adhere to compliance standards before commencing full operations. The provisions are carefully outlined in the Interactive Gambling Act 2001.
In addition, the Australian Communications and Media Authority (ACMA) has curated a list of gambling providers authorized by the government to operate within the country. These companies now have the approval to offer gambling services to Australians in accordance with the laws. Interestingly, giants like Microgaming and NetEnt are fully licensed and compliant.
Online Casinos and Their Deals with Software Providers
Several online casinos in Australia have struck deals with iGaming providers. For instance, King Billy and SkyCrown are known for their extensive range of games, many of which are supplied by leading and smaller niche companies.
For high rollers seeking an exclusive experience, certain platforms cater specifically to their needs. They affiliate with casinos that attract high-rollers online by offering games with higher betting limits, VIP programs with progressive rewards, and a focus on high-end features.
Some leading developers, like NetEnt, have dedicated live dealer tables for these high-stake gamers to have luxurious gameplay.
Through collaborations, online casinos are able to utilise the knowledge and credibility of software firms to improve their services and draw in players. This guarantees a range of options for everyone involved in the Australian iGaming industry.
Final Thoughts
The Australian iGaming market is a well-established and growing industry. Players can enjoy diverse offerings with a combination of leading international providers and innovative niche companies. The strict licensing framework protects gamers and fosters a safe and secure gaming environment.
For casual or high-roller players, these companies are available to cater to different preferences, and taking full advantage of them is recommended. Aussie users should never forget to gamble responsibly and set limits before diving into betting sessions.