The Rise of Turnkey Solutions: What You Need to Know

Keeping track of the fast-changing online gaming world is essential for business owners and companies. The arrival of turnkey iGaming solutions has changed how online casinos work. So, what are these solutions, and why do more and more people like them?

This article explores the details of turnkey solutions in iGaming, looking at how these packages are changing the online gambling industry.

What are Turnkey iGaming Solutions?

Turnkey solutions in iGaming refer to ready-made platforms offered by specialised technology providers that supply operators with everything they need to quickly go live with an online casino platform, sportsbook, betting exchange and other gaming vertical. 

These offerings include a suite of licensed software, integrations with payment systems, ongoing cyber security, customer support, and guidance on acquiring the correct licenses and permits. By leveraging turnkey solutions, operators can bypass the unclear regulatory requirements in different states and countries, saving significant time and money.

Turnkey software solution providers have launched hundreds of sites worldwide, providing startups with proven operating models for success. These ready-to-use components help them with turnkey licenses to start their business in months instead of spending years creating everything from scratch.

How Do Turnkey iGaming Solutions Work?

Turnkey platforms provide operators with a ready template on the technology side and allow configuring branding, promotions, games portfolio, and other consumer-facing elements to differentiate. Providers understand the operator's business plan, targeted markets, types of games, etc., and then customise the turnkey solution to match the strategy.

Elements commonly included in turnkey packages comprise backend management software, the game engine, CRM and business intelligence modules, payment gateway tie-ups, loyalty programs, and 24/7 responsible gambling and customer support coverage. The software suite is mostly cloud-hosted, so licensees do not require infrastructure headaches managing hardware on-premise. Turnkey providers handle cloud hosting, maintenance, and security patches and offer SLAs that guarantee minimal platform downtime.

As regulators add new compliance specifications, turnkey suppliers modify the software as needed to extend existing service contracts seamlessly. This ensures the platform remains up-to-date on cybersecurity protocols, KYC norms, geolocation restrictions, and other regulations subject to periodic revision.

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4 Key Benefits of Turnkey iGaming Solutions

Faster Time to Market

The most significant advantage for operators in opting for turnkey solutions is getting their site ready for players much quicker. Integrating systems, ensuring regulatory sign-off and stress testing software often takes 12-18 months, but turnkey platforms slash this timeline by imposing approved frameworks. This allows capitalising on growth opportunities at higher ROI.

Reduced Risk

Acquiring gaming licenses requires disclosure of operating procedures, platform security, consumer protection protocols, etc. Capitalising on an already compliant turnkey solution minimises rejection risk and lengthy rework. Regulations evolve continuously, so let the turnkey providers manage them as part of their services. This way, businesses can focus on operations without worrying about keeping up with the rules and regulations.

Lower Upfront Costs

While licensing turnkey platforms involves monthly fees, operators save significantly on upfront development, testing, and launch costs. Building bespoke sites from scratch can be expensive before going live. Turnkey solutions charge a fraction while still checklisting core must-haves.

Increased Focus

When turnkey solution providers handle the technology, operators can dedicate higher mindshare towards crafting player promotions, improving CX, and acquiring users. Specialised turnkey expertise also leads to higher-performance platforms than entirely custom builds.

Pie Gaming - Comprehensive Turnkey Solutions

Among the leading turnkey solution providers making waves in iGaming is Pie Gaming. They offer comprehensive turnkey iGaming software solutions tailored to each client's needs.

Pie Gaming's Turnkey Solutions encompass cutting-edge software, diverse games, secure payment gateways, and responsive customer support. The company's commitment to regulatory compliance ensures that clients can navigate the complex legal landscape of the iGaming industry with confidence. Pie Gaming aims to fuel the next wave of innovation through flexible yet robust turnkey solutions.

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The Future of Turnkey Solutions

As technology advances and more countries regulate online gambling, turnkey solutions will continue to be involved in launching new iGaming operators. Being first-to-market comes with tangible competitive advantages in player acquisition, partnerships, and establishing a trustworthy reputation faster.

Turnkey platforms will utilise emerging innovations like VR, blockchain, and decentralised finance to offer operators future-ready solutions packed with the latest feature sets. As 5G and edge computing reduce latency further, turnkey providers will continue updating benchmark capabilities expected by players. Cloud infrastructure and SaaS-based delivery models provide effortless access to cutting-edge upgrades.

Some big, established operators might justify higher investments in established platforms. However, most startups rely on turnkey solutions to kickstart their market presence. Specialised turnkey providers understand the pulse of various jurisdictions best and translate expertise into accelerated growth for licensees.

The End Note

Turnkey solutions are game-changers, breaking down barriers for operators who are used to facing money and time hurdles. Now, the iGaming world is on fire, and turnkey iGaming solutions are the express lane for operators to join the action in no time.