The online gambling industry is expanding at an annual rate of 11%, according to Grand View Research, with new markets continuously opening. Playing games of chance for money has never been more accessible, and the same goes for a career in this sector.
Over the past decade especially, this industry has greatly matured, and it now features multiple global enterprises, along with countless smaller players, many of which are active across several licensing jurisdictions.
This is a sector that is not as simple as some may think, as each region has its specificities, and markets are continuously modifying regulations. For professionals considering getting into iGaming, famed review hub Casino Groups has an excellent rundown of the landscape’s top operators and who they are partnered with. Anyone serious about working in this realm would be wise to check out Casino-Groups.com and learn more about this competitive landscape.
Below, we reveal some of this site’s key findings on which organizations should be examined for employment in this arena.
Market structure and concentration
Online gambling divides into domestically regulated markets and international ones. The latter are those territories that have passed Internet gaming and betting legislation, but they allow their licensed operators to target a more worldwide user pool. Not only residents of the countries from which they operate.
In Europe, Malta was a famous haven that provided similar regulation, though it has tightened restrictions on who its iGaming companies are permitted to allow service use in recent years. For the most part, smaller nations are typically hotbeds for iGaming holding companies that manage many online gambling brands. These are sites that function under the same corporate umbrella, implement many of the same technological solutions, and offer similar services. However, they typically attempt to cater to players from different markets.
Casino Groups highlights Costa Rica-based Dreamline Ventures SRL as one of the more prolific entities of this kind, which uses IG Play software and is in charge of one hundred and forty different websites that house games from more than one hundred and forty providers.
Costa Rica is a unique country, as it does not have an online gambling regulatory framework, but allows operators to function as digital service providers. It is a region that job seekers should focus on, as it has a great deal of established holding companies similar to Dreamline Ventures. A few worth mentioning are Metlait SRL, Buscarar SRL, and Novatrix SRL.
Curaçao is home to over six hundred licensees, while the Comoros island of Anjouan has over fifteen hundred.
Working on the provider and marketing side
Many new to this industry are quick to jump and try to land a job with a top operator. However, providers pay just as well and are often a smarter entry point. Online casinos are nothing without games, and while a holding company may manage over a hundred sites, providers such as Evolution and Pragmatic Play, the two main game giants, provide their products to several thousand platforms across the globe.
Pragmatic Play has a market value of around $8 billion, while Evolution Gaming Group AB has an estimated net worth of $18.24 billion and employs somewhere in the neighborhood of sixteen thousand people globally. Naturally, these are entities at the highest peak of the provider ladder, but there are hundreds of mid- to low-end studios that pay more than decently and need designers, mathematicians, lawyers, and so on.
Affiliate marketers like Casino Groups are always on the lookout for top talent as well, and they go after SEO specialists, content authors, data analysts, media buyers, affiliate managers, etc.
Employment in the compliance domain
The sector is not only limited to hiring people who want to work for those who supply gaming/betting services; finding employment with regulators and testers is also a possibility. There is no potential for equity or hefty bonuses on this side of the aisle, but steadier employment is something that organizations from this part of the industry can promise. They are not as exposed to its volatility.
Casino Groups notes the Malta Gaming Authority, the Curaçao Gaming Authority, the Tobique Gaming Commission, the Anjouan Gaming Authority, and the Kahnawake Gaming Authority as its top international regulators. These hire staff who can perform complex financial analytics, ensure compliance, run operator investigations, and take care of day-to-day administration.
There are also game auditors or testers, such as TST, iTech Labs, BMM Testlabs, and others, which hire engineers, mathematicians, QA testers, analysts, coordinators, administrators, consultants, etc.
Disclaimer: This is a paid post and should not be treated as news/advice.
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