Last updated on April 25th, 2021 at 12:50 pm
Based on the NSoft Q1 growth, the software provider countered the pandemic headwinds. It managed to meet its targets for the quarter despite the ongoing coronavirus pandemic.
According to sportsbook pay per head reviews, the Live Sports Betting software is the company’s best performing product. The firm also reported a total turnover increase of 75 percent compared to the first quarter of 2020.
The company said it raised the sports betting platform to another level through the implementation of new features. Also, it improved the cash-out feature. Its sportsbook traffic doubled compared to the same quarter last year. NSoft’s overall business turnover increased by 13 percent. Also, its online operations grew by 59 percent.
NSoft Q1 Growth Despite the Pandemic
According to NSoft COO Drazan Planinic, the company is committed to showing its strength. Also, they try to maintain a strong business relationship with their customers. According to a bookie PPH report, their customers see the company as their long-term partners.
The company’s focus is to develop its sports betting portfolio and add new features to its betting platforms. Thus, people who want to open a sportsbook pay per head would choose their platform over other providers.
NSoft expanded its market presence in four new markets by signing up new clients in the Dominican Republic, Central African Republic, Turkey, and France. Due to the pandemic, there were no trade shows. Thus, the company relied on word-of-mouth marketing to reach new audiences.
Aside from its sports betting department, NSoft also saw an increase in revenue from its lottery, slot, and casino products. Its casino line includes the Lightning Roulette and Lightning Luck Six software. Also, it offers AI boosted video management system called NSoftVision. Clients use the software for surveillance and business analytics.
Also, the company developed a lottery platform powered by Betradar’s Unified Odds Feed. The company covered 6,500 events a week in 30 countries.
