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Starting out as an online gambling operator

Full aheadStarting out with your first venture into the online gambling business can be a daunting prospect. There are many hoops that aspiring operator will need to jump through before they can take that first bet. Many affiliates have successfully built their businesses and want to take the next step to becoming an operator, but how simple is it in reality?

First up on the list is selecting what games you want to offer. Your players may focus on poker, but side games (such as slots or blackjack) are very popular and an excellent source of revenue. Casino games are always going to be income generators and have been popular with players of all demographics. So it often makes sense to add casino to whatever your target market is. Sportsbooks have traditionally been an expensive and complicated behemoth that gobbles resources. No more is this the case and now operators of any size can add a sportsbook offering with the Tain Thorium Sportsbook.

If you choose to operate under your own licence, instead of opting to piggy-back on an existing white-label, then next up on the list is to decide where exactly you would prefer to be licensed from. There are pros and cons to each jurisdiction. To take just two, Malta benefits from European location and the ability to gain access to certain payment service providers dominant in the European markets. On the other hand, Curacao offers a far simpler and more cost-effective solution with a single licence for all gaming products.

Tain offers a clean and simple approach in these matters, allowing new operators to grow in their own time through our white-label products with a full suite of games on offer, right through to becoming a fully licensed operator. Because Tain keeps your player data completely separate from all other data, moving your business onwards and upwards should never be a hurdle.

HTML5 Thorium Sportsbook

Tain today released the first live HTML5 front end to the Tain Thorium Sportsbook. This brand new HTML5 sportsbook application features a state-of-the-art responsive design layout with specialised views for desktop, mobile and tablet devices.
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5050Poker grows with Tain

Tain’s welcomes our newest client, 5050Poker, who are expanding their current offering with a full suite of Tain online gaming products, including the new Tain Single Wallet Module. Malta based 5050Poker have selected to go with a complete package consisting of: Tain Commons Platform, Tain Payment Gateway, the zero-risk Tain Thorium Sportsbook and Tain Thorium Casino with Microgaming Quickfire suite. All these products will be added to 5050Poker’s existing poker room on the Microgaming Network, further enhancing 5050Poker strong position in the online gambling industry.

Christer Fahlstedt, CEO of Tain said:

The Single Wallet Module is proving to be immensely popular with both operators and players alike. The ability for players to move between games in a far more fluid manner increases enjoyment of the games and provides greater revenue potential for the operator.

In possession of a Malta Lotteries and Gaming Authority Class 3 Licence, 5050Poker was founded in 2007 and today the parent company is listed on the NASDAQ OMX. 5050Poker offers its more than 12,000 players a unique reward with 50% of the company’s shares being distributed amongst active players, based on how much the players play with the company. Combined with numerous tournaments and promotions, 5050Poker players have great rewards for their continued loyalty.

 

Bonnier enters Denmark with Tain

Subsequent to the recently established regulatory body for online gambling within Denmark, Scandinavian media group Bonnier has chosen to enter the Danish iGaming market and has asked Tain to provide Bonnier Gaming with solutions from their extensive online gaming platform portfolio.

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Single Wallet Module

The Tain Commons Platform has been a market leading platform providing centralised management of all aspects of iGaming operations, integrating a huge selection of online gaming products into a single, easy-to-use interface. Read more

Learning from the success of others

?Here in Malta the online gaming industry is thriving. The Prime Minister recently announced that there were 209 igaming operators located in Malta, holding some 400 licences. There is no doubt that the online gaming sector is a huge contributor to the Maltese economy, providing over 3,000 jobs on the islands. Read more