What is iGaming?

What is iGaming?

Publication date: 20 January 2026

iGaming is a blanket term for all types of gambling and betting that take place online: casinos, slots, sports betting, esports, poker, lotteries, and other real‑money products over the internet. The term is interpreted in different ways: some say the “i” stands for internet, others for interactive. However, the essence remains the same: you place a bet not in a casino hall or betting shop, but via a website or application, using electronic payments and digital infrastructure. 

Unlike offline gambling, iGaming is defined precisely by this digital layer: in place of physical halls, cash desks, and chips, there are platforms, billing systems, KYC procedures, trackers, CRM tools, bonus engines, and a host of software that keeps your traffic and money moving 24/7 across the globe. 

That’s why iGaming is referred to as a global digital industry. It’s not confined to one city or casino, operating simultaneously in dozens of jurisdictions, leveraging fintech, adtech, and AI. For media buyers, it’s a distinct vertical with high payouts, strict quality requirements for traffic and an international audience.

The Evolution of iGaming: From 1996 to Present Day

As an industry, iGaming has come a long way from rudimentary sites on dial-up connections to becoming a sophisticated global market complete with regulators, licenses, and AI integrated into every second product. This transformation can be traced back to three major phases: the emergence of early online casinos and payment solutions, followed by the poker boom, culminating in an era marked by stringent regulation and crises for the once-wild online landscape. 

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  • First Online Casinos and Cryptologic

    The first attempts to bring gambling onto the internet date back to the mid-1990s when everything relied on slow internet speeds and the enthusiasm of several companies. In 1994, Microgaming developed the first software for online casinos, while Antigua and Barbuda passed legislation allowing them to issue licenses to remote gaming operators, effectively opening the door for iGaming as a separate industry. Later, Cryptologic played a pivotal role by introducing a reliable system for online payments and encryption in 1996, enabling players to securely deposit and withdraw funds, while giving operators peace of mind regarding transaction issues.

    By the end of 1996, around 15 gambling websites were already operating online. By the close of 1997, the industry had exploded: there were now over 200 online casinos, poker rooms, and sportsbooks, with annual turnover estimated at approximately $1 billion. It was during this period that the foundational tech stack took shape: software providers (Microgaming and others), payment solutions (Cryptologic), offshore licenses, and the first global audience ready to play for real money not in a casino hall, but from home on a computer.

     

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  • Poker Boom: 2003–2008

    The next pivotal shift came with online poker. In the late 1990s, the first poker networks, such as the Microgaming Poker Network and Cryptologic Network, emerged. However, the real boom occurred after 2003. That year, American player Chris Moneymaker won an online satellite tournament on PokerStars, earned a seat in the main event of the World Series of Poker, and went on to win the championship, taking home $2.5 million. ESPN broadcast the event on TV, and millions of viewers watched as an “ordinary guy from the internet” beat seasoned professionals.

    This “Moneymaker effect” triggered a massive influx of players into online poker rooms. Traffic surged dramatically from 2003 to 2006, new networks and brands emerged, and the period 2003–2006 is often referred to as the “golden age” of online poker. Concurrently, the infrastructure solidified: PartyPoker, PokerStars, Full Tilt, and others built sprawling ecosystems that featured affiliate programs, sponsorships, and the first large-scale marketing campaigns. iGaming began to resemble the current industry in terms of both scale and competitive intensity.

    However, the first significant blows to the market appeared even at this time. In 2006, the United States passed the UIGEA, which prohibited the processing of payments for unlicensed online gambling, dealing a severe blow to poker rooms catering to American players. Major platforms either blocked access for players from the US or moved offshore, making it clear that the era of the complete legal “wild west” was coming to an end.

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  • Gambling Regulation and the 2010s Crisis

    In the 2010s, iGaming entered a phase where the central theme shifted from growth at any cost to survival and legalization across different countries. In the United States, a gray status persisted long after UIGEA, until individual states began securing the right to regulate online gaming and betting independently. Until then, the industry operated under the constant threat of raids and shutdowns, culminating in the infamous “Black Friday” of 2011 for online poker. In Europe, conversely, a gradual model was established as countries transitioned from prohibitions to licensing: national regulators emerged, taxes on GGR were introduced, and stringent requirements for KYC, advertising, and Responsible Gambling were implemented, causing offshore licenses to lose their universal appeal.

    This regulatory wave created a dual situation: some legacy operators and affiliates couldn’t withstand the pressure, losing markets and revenue, but in their place emerged new, now white-listed players who built their businesses around licenses, compliance, and local regulations. For iGaming as a whole, the 2010s represented a crisis of the old model of “any traffic, any offer, just get the volume,” but simultaneously marked the birth of a full-fledged global digital industry with clear rules, major public companies, complex IT infrastructure, and integration with fintech and AdTech.

    By the early 2020s, iGaming could no longer be described as just “a few online casinos and poker rooms” as it had become an entire ecosystem. This encompasses online casinos, sports and esports betting, live dealer casinos, lotteries, social and skill games, hundreds of B2B providers, and thousands of traffic affiliates worldwide. It now actively incorporates AI-driven personalization, sophisticated anti-fraud systems, gamification, and cross-platform UX. The distinction from offline gambling is no longer just about format, but also about data scale, speed of iteration, and global reach.

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The Structure of the iGaming Industry: Key Segments

The iGaming industry’s structure is divided into several major segments, each with its own distinct approach to product design, monetization, and media buying traffic. 

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  • Online Casinos and Slots

    Online casinos (gambling) form the core of iGaming: slots, roulette, blackjack, live dealer games, and other “classic” offerings, now delivered via the web and apps. Slots serve as the primary engine for revenue here: dozens to hundreds of providers (from major studios to niche specialists) continuously release new games, and operators curate their own showcases from this catalog, enhanced with bonuses, tournaments, cashback, and VIP programs. For a media buyer, the casino and slots vertical is one of the most lucrative segments: it offers high player LTV, numerous promotional formats, and flexible RevShare/CPA/Hybrid deals. However, it also comes with stringent requirements for traffic quality and compliance.

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  • Sports Betting and Wagering

    Sports betting constitutes the second pillar of the iGaming industry, where the betting product has evolved far beyond mere coupons with odds to become full-fledged interactive platforms offering live lines, streams, statistics, and custom markets. These platforms handle prematch and live bets on football, basketball, tennis, hockey, and dozens of other sports, along with express bets, combined markets, boosted coefficients, and personalized offers.

    For affiliates, betting typically means a longer player lifecycle and greater sensitivity to seasonality and events (leagues, championships, tournaments). However, it also provides stable RevShare models due to repeated bets and continuous account turnover.

     

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  • Poker, Lotteries, Bingo, Esports

    A separate cluster consists of poker rooms, lottery products, bingo, and esports betting, each with its own specific audience and business dynamics. Online poker revolves around cash games and tournaments, with the rake as its primary monetization model. Lotteries and bingo often serve as light entertainment with a low average spend but a broad audience base. Esports betting has grown over recent years into a distinct sub-segment: titles like CS:GO, Dota 2, LoL, and other disciplines attract a young, digitally native audience. This demographic is comfortable online and quick to respond to offers but requires careful handling of risks and regulatory compliance. Together, all these verticals complement casino and sports betting, giving operators and affiliates the opportunity to build an ecosystem where a single player can move between products and increase their overall LTV.

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Global iGaming Market

The global iGaming market has long since moved beyond being just a niche online casino sector, evolving into a vast digital industry where tens of billions of dollars circulate annually, with regions, regulators, and formats competing intensely against one another.

Online Gambling and Betting Market Size: 2025–2030

According to the latest assessment by Grand View Research, the global online gambling market reached approximately $78.7 billion in 2024 and is projected to grow to roughly $153.6 billion by 2030, representing a compound annual growth rate (CAGR) of around 11.9% during the period from 2025 to 2030. 

Another substantial report by ResearchAndMarkets presents a similar picture. The market size is estimated at around $93 billion by 2024, with anticipated growth reaching up to $172.8 billion by 2033, aligning well within double-digit rates. Focusing closer to present-day figures, Mordor Intelligence estimates the online market’s size at approximately $91.6 billion in 2025 and around $101.5 billion in 2026, continuing to expand until the beginning of the 2030s. In terms of revenue structure, sports dominate significantly even now. The segment of online betting alone generates more than $44 billion in 2024, accounting for nearly 56% of total global revenues, making it both the largest and fastest-growing type of product within iGaming.

Regional Leaders (Europe, Asia, Latin America)

In terms of revenue distribution, Europe confidently retains its lead. According to the industry report of 2025, the European online gambling market generated approximately $32.4 billion in 2024, contributing about 41% of the global revenue. The reason lies in the region’s implementation of a model characterized by strict yet clear legalization: licenses, taxation, responsible gambling measures, national regulators, and established large-scale operators such as Flutter, Entain, Bet365, and others.

North America and Asia follow closely behind in terms of revenue potential, with North America already claiming around 21% of the global market share. The United States is forecasted to emerge as the single largest national market in terms of online gambling revenue by 2030. Asia and Latin America stand out because they represent regions with massive populations and rapidly expanding mobile internet access. Studies indicate that these areas will witness the highest growth rates towards 2030, particularly following Brazil’s introduction of new regulations for online gambling starting January 1st, 2025.

For media buyers, this translates into Europe remaining a stable Tier 1 core, while the most aggressive growth and expansion of offers will occur in Asia and Latin America, where the market isn’t fully divided among established players.

Key Countries and Regulators

When discussing which entities set standards for the entire global iGaming community, prominent regulated markets with strong oversight bodies take center stage. In Europe, key authorities include the UK Gambling Commission (UKGC) in Britain, the Malta Gaming Authority (MGA) on Malta, and the Kansspelautoriteit (KSA) in the Netherlands. They enforce rigorous rules concerning licensing, advertising, KYC/AML, and Responsible Gambling practices, with their approaches frequently emulated or adapted by other countries worldwide. On a broader scale, the International Association of Gaming Regulators (IAGR), a network encompassing numerous European and non-European regulators, plays a crucial role by sharing best practices and coordinating supervision strategies.​

Each report highlights a unique set of driver countries, but generally speaking, the list looks something like this:  

  • United Kingdom and EU nations as mature markets; 
  • USA and Canada as regions experiencing rapid post-legalization growth; 
  • Brazil, Mexico, and several other Latin American countries as newly emerging hot spots following the issuance of licenses for online casinos and betting operations. 

These jurisdictions establish benchmarks for licensing, verification processes, and accountability, gradually influencing less-developed markets. For operators, this implies increased difficulty in collaborating with payment processors, banks, and major partners without proper licensure (such as UKGC, MGA, or local ones). For affiliates, it signifies that more offers and affiliate networks will increasingly rely on legitimate products backed by transparent regulatory frameworks, even if certain GEOs appear imperfectly polished.

  • Regulators are tightening the rules in the iGaming industry by extending licensing requirements to traffic affiliates. Affiliate licensing has become a must-have for anyone promoting gambling and betting services. In the 3S.INFO article, you’ll find a comprehensive guide covering the target audience of this document, its business value, a list of countries requiring mandatory licensing, and a clear step-by-step process for legalizing your activities.

Which Companies Are Part of the iGaming Industry?

iGaming encompasses much more than just casinos and bookmakers; it’s an ecosystem of companies working together to deliver products, drive traffic, facilitate payments, ensure security, and manage recruitment efforts.​

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  • Casino Operators and Bookmakers

    At the heart of the industry lie iGaming operators — the brands accepting wagers and deposits from players: online casinos, poker rooms, betting shops, lotteries, and bingo sites. Prominent examples include Bet365, Flutter (PokerStars, SkyBet, etc.), Entain (bwin, PartyCasino), Kindred, Betsson, LeoVegas, alongside dozens of locally licensed brands in each jurisdiction.

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  • Game Providers

    The second tier consists of game providers who create slots, table games, live casino experiences, instant games, and more: Pragmatic Play, Evolution, NetEnt, Play’n GO, BGaming, Microgaming, and countless others. Operators curate content showcases through integrations and aggregators, while game providers earn a share of revenue or GGR.

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  • Advertising Platforms and Affiliate Networks

    Traffic to iGaming is driven by advertising networks, operator affiliate programs, and independent affiliate networks — a specialized group of companies handling tracking, payouts, and offers for media buyers. This includes in-house programs run by major operators, vertical networks focused specifically on iGaming/betting, and media platforms selling inventory tailored for gambling and betting purposes.

    What is a CPA Network? It is an online platform that connects advertisers with compelling offers and affiliates capable of delivering high-quality, targeted traffic. The key distinction of a CPA network from other advertising models is that the advertiser pays only for a specific, targeted user action: a registration, deposit, subscription, purchase, and so on.

    CPA networks operate across diverse verticals including iGaming (betting and gambling), eCommerce, finance, dating, nutra, mobile apps, and more. They work with traffic sources spanning various regions — from European and CIS countries to markets in Latin America, Asia, Africa, and Tier 1 GEOs such as the USA and Canada.

     

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  • Payment Solutions

    To enable smooth deposits and cashouts, the industry relies heavily on PSPs and fintech solutions: card processing, e-wallets, open banking integration, cryptocurrency payments, and localized methods (like Trustly, Sofort, Interac, PIX, etc.). These companies handle payment routing, bank interactions, returns, and partially contribute to anti-fraud measures for transactions.

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  • KYC / AML / Anti-Fraud System

    A distinct segment comprises KYC/AML/Anti-fraud service providers specializing in identity verification, document checks, screening against sanctions lists and politically exposed persons (PEPs), behavioral scoring, and monitoring suspicious patterns. These vendors assist operators in complying with regulatory demands, detecting fraudulent behavior such as bonus hunting, drop accounts, and money laundering schemes, often employing machine learning algorithms and advanced behavioral analytics.

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  • SaaS and IT Solutions

    Supporting all this are B2B companies that develop platforms (PAM), sportsbook engines, risk management systems, BI, CRM, and tools for gamification and marketing. These are SaaS and on-premise solutions that enable an operator to launch a turnkey brand and manage the product, odds lines, bonuses, player segmentation, and reporting.

     

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  • Recruitment Agencies

    Given the industry’s international scope and heavy regulation, a specialized layer of HR and recruitment agencies has emerged to fill positions ranging from C-level executives and product/risk specialists to affiliate managers and support staff. Understanding the intricacies of licensing, regional markets, and regulatory requirements, these agencies have become standard channels for talent acquisition in major iGaming groups.

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  • Conferences and Media

    Finally, the ecosystem is brought together by conferences, exhibitions and media: ICE London, SiGMA, SBC Summit, local events, and industry publications/portals that cover news, regulation, case studies, and trends. Through these, operators, providers, affiliates, and vendors find partners, discuss regulatory issues, and showcase the market to investors. Without this layer, modern iGaming would simply cease to exist in its current form.

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Job Market and Vacancies in iGaming

iGaming continues to attract career-seekers due to its status as a fast-growing international market with generous budgets, constant demand for tech, marketing, and analytical skills, and the opportunity to work on global products rather than merely local projects. Numerous roles span intersections of IT, data analysis, marketing, finance, and compliance, drawing professionals such as developers, analysts, media buyers, affiliate managers, CRM experts, KYC/AML specialists, and product managers. Most job profiles boast higher salary ranges compared to the general digital market, thanks to the vertical’s high profitability margins. 

According to industry reviews, the core of iGaming professionals consists of young and early‑middle‑age groups. There is a significant concentration of individuals aged 25–40, who already have experience in marketing, game development, fintech, or IT and transition into online gambling for the financial rewards, fast pace, and complex challenges. Meanwhile, the share of juniors aged 20–25 is growing, driven by an active influx of newcomers entering through support roles, junior marketing positions, and analytical functions.

Initially, the market is inherently international: companies recruit specialists from CIS countries, Europe, Asia and Latin America, often offering remote work arrangements or relocation packages. Within a single team, people from multiple countries coexist harmoniously, making proficiency in English and adaptability to multicultural environments almost indispensable for career advancement.

Top Job Openings in iGaming for 2026-2027

  • Affiliate Manager
  • Media Buyer
  • SEO Specialist
  • Product Manager
  • Backend / Frontend Developer
  • Payment Manager
  • AML / KYC Specialist
  • Support Manager
  • On the 3S.INFO “iGaming Jobs” section, you can post or search for employment opportunities across any specialization within the iGaming industry.

Career in iGaming: What You Need to Know? On 3S.INFO, we lay all the cards on the table. Which roles are currently in high demand? Who sits behind the screen at successful casinos and betting firms? What do HR departments specify in their job requirements, and what aspirations do candidates harbor during interviews? We’ll explore all pros and cons of working in this dynamic industry. And most importantly, we’ll provide a roadmap to the best career platforms: where to look for your dream job and where to post vacancies to hit the mark.

In 2026, AI in iGaming is no longer a gimmick but the very air the industry breathes, transforming both games and daily routines. Amid this revolution, we tackle pressing questions: which jobs will be automated first? Whose profiles in gambling marketing will headhunters pursue? Where do new horizons for careers in affiliate marketing emerge, and how to identify one’s entry point?

Payment Solutions

Payment processing in iGaming isn’t a “background support function”, it’s the foundation of the entire business. Without reliable deposits and withdrawals, players won’t register or return. The speed of transactions, the payment methods available in a given region, how limits, fees, anti‑fraud, and refunds are handled – all of these determine the conversion from registration to deposit, the average transaction value, LTV, and ultimately, how much money the operator and affiliates actually see in their pockets. That’s why in a proper online casino or sportsbook, the payment infrastructure is an entire stack: a payment gateway, processing, banks, local providers, and anti‑fraud tools, all working behind a single “Deposit” button.

iGaming employs the widest possible range of payment solutions. Traditional bank cards (Visa, Mastercard, local networks) remain foundational and widely recognized methods, as they make it easiest for players to initiate their first deposit. Major payment systems offer robust protection, encryption, and operation monitoring. Complementing these are e-wallets and fintech services such as Skrill, Neteller, PayPal, AstroPay, and others. These accelerate deposits and withdrawals, introduce additional limits, cashback incentives, loyalty programs, and often perform better with cross-border payments compared to direct card usage.

A separate layer consists of cryptocurrencies and stablecoins. They offer fast transactions, low fees, and independence from traditional banks, which is why many iGaming brands have added crypto wallets as an additional payment method, particularly in international markets. 

Additionally, almost every GEO features local payment methods: bank transfers, domestic wallets, vouchers, and instant solutions (such as open banking). Without these, conversion rates for deposits in certain countries would struggle to take off.​

None of this works without robust anti-fraud measures and chargeback prevention. Both payment providers and operators implement multi-layered scoring systems: they monitor suspicious activity patterns, block schemes involving stolen credit cards, restrict unusual transaction sequences, verify user behavior against KYC/AML profiles, and ensure compliance with regulatory requirements. Properly configured anti-fraud systems and effective chargeback management distinguish profitable regions from toxic ones. Some territories necessitate stricter filtering of risky BINs and sources, whereas others allow for a gentler funnel approach to avoid harming conversions.

Ultimately, payments in iGaming involve a delicate balance of UX, trust-building, legal compliance, and risk management. Consequently, a competent operator prioritizes establishing efficient financial flows across these layers before focusing on aesthetics like a visually appealing lobby.

Technology as the Engine Driving iGaming

Artificial intelligence has become the primary accelerator in iGaming. It powers recommendation systems, bonus engines, fraud detection and marketing initiatives, even though players may not perceive its impact directly.

AI & Game Personalization

In online casinos and betting, Artificial Intelligence primarily focuses on personalization. It analyzes your preferences: what slots you spin, which odds you favor, how frequently you deposit, and how swiftly you lose. Then, it tailors your dashboard, bonuses, and missions accordingly. Similar to Netflix recommendations, AI dynamically adjusts game complexity, suggests personalized promotions, and anticipates moments when you’re likely to feel bored or suffer losses, proactively engaging you with quests, cashbacks, or tips to extend sessions and increase LTV. Concurrently, the same algorithms aid in identifying fraudsters and early signs of problem gambling: abnormal behaviors, irregular deposit patterns, or late-night marathons prompt alerts to Responsible Gambling teams or trigger activity restrictions.

  • Artificial Intelligence is radically transforming the online gambling industry, permeating every sphere from game creation to data protection and client attraction. In 2026, this evolution enters a new phase: AI-based innovations cease to be isolated experiments and become fundamental components of all key industry operations. More details: How is AI Impacting iGaming in 2026?

Blockchain and Crypto Casinos

Blockchain technology addresses two central pain points in iGaming: trust and payments. Provably Fair providers utilize hashes and cryptography to demonstrate that outcomes of spins or dice rolls are unmanipulated, allowing players themselves to verify fairness through public seeds. Crypto casinos and hybrid brands accept deposits in USDT, BTC, ETH, and other cryptocurrencies, facilitating faster deposits and withdrawals with reduced fees compared to traditional payment methods. Smart contracts automate jackpot payouts and affiliate commissions. For media buyers, this setup enables engagement with a global audience accustomed to cryptocurrencies but requires caution. Regulators are scrutinizing KYC/AML compliance in the crypto niche ever more rigorously, rendering transparent compliance structures indispensable for serious operators.

VR/AR, 5G, and IoT in Gambling

VR and AR in iGaming currently remain more of a showcase than mainstream, but the trend is clear: it’s about the most immersive live casino and betting experiences imaginable. Here, you don’t just click buttons, you virtually step into a casino hall, sit at a table with a dealer, and see other players as avatars. The spread of 5G and powerful mobile devices makes this technically feasible. Low latency and strong uplink allow for high‑quality video streaming, live odds updates, and VR elements without lag. Operators are already testing “VR tables” and AR overlays for sports — where, for example, odds, stats, and your live bets are displayed over a match broadcast. In this space, IoT most commonly manifests through smart devices: TV set‑tops, consoles, smart TVs, and wearables are becoming additional entry points to the product. Data from these devices helps better understand player behavior, tailoring UX and limits accordingly. Taken together, these technologies don’t fundamentally change the core nature of iGaming, but they make it less a “website with buttons” and more a living digital environment, where personalization, speed, and convenience are tied directly to your devices and context.

iGaming Regulation: Laws and Licenses

iGaming regulation serves as the backbone supporting legal online gambling: laws, licenses, safety requirements for players, and measures combating money laundering. 

  • The 3S.INFO platform delivers a comprehensive analytical overview of the global market in our “iGaming Reviews” section. Our expert materials provide deep insights into key regions (spanning Western European countries to Latin America) covering legislative updates, market trends, traffic models, and effective business strategies beneficial for affiliates and media buyers alike.

Key Jurisdictions (Malta, Curaçao, UKGC)

There are dozens of licensing authorities globally, but three names resonate with virtually everyone delving deeper into iGaming: Malta (MGA), Curaçao, and UKGC (the UK regulator). 

The license issued by the Malta Gaming Authority is considered the “gold standard” within the EU. Its strict compliance requirements cover capital reserves, reporting obligations, KYC/AML protocols, and Responsible Gambling measures. In exchange, it grants a high level of trust from payment processors, affiliates, and players, ensuring access to most European markets. 

Traditionally, the Curaçao license has been perceived as a quicker and more accessible entry point: simpler requirements, lower costs and timelines, and flexibility in product offerings. Currently undergoing reform, its regulations are gradually aligning with international AML, KYC, and player protection standards. 

The UKGC license ranks among the strictest and most prestigious. It grants permission to operate in the British market but mandates maximum transparency, rigorous financial stability assessments, ongoing player monitoring, and readiness for thorough inspections and penalties. 

For media buyers, the type of license influences how operators manage payments, GEOs they legally cover, and the extent to which they monitor traffic sources and ads.

AML, KYC, Responsible Gambling

The second cornerstone of regulation involves practical requirements dictating how operators verify players and manage risks.

  • KYC (Know Your Customer) refers to identification verification procedures, including document submission, selfie authentication, occasional address confirmation, and source-of-funds validation. Without these steps, most reputable licenses prohibit setting significant deposit thresholds and conducting large withdrawals. 
  • AML (Anti-Money Laundering) complements KYC by incorporating transaction monitoring, limit enforcement, and surveillance of behavioral indicators linked to money laundering activities (suspicious patterns, fragmentation of deposits, interconnected accounts) for which regulators regularly penalize negligent operators. 
  • Responsible Gambling represents the third pillar: operators must equip players with self-control tools (limits, self-exclusion, pauses), monitor signs of problematic gambling, and intervene if necessary — from gentle notifications to enforced limitations or blocks. For affiliates, this means that respectable offers will exercise extra vigilance regarding promotional materials: overly aggressive creatives encouraging last-ditch spending and overtly harmful tactics are increasingly rejected due to Responsible Gambling requirements and regulatory pressure.

Prospects for Legalization in Russia/CIS 

In Russia and parts of the CIS region, the situation is traditionally more complicated. Here, online gambling and betting are subject to unique regulations combining state monopolies, national regulators, advertising restrictions, and periodic legislative amendments. In Russia, only strictly controlled segments (sweepstakes and licensed bookmakers participating in CUPIS/1CUPIS, etc.) are permitted. Separately categorized online casinos remain outside the legal framework according to existing law, and unauthorized websites are routinely blocked by the regulator.

Other countries in the region (Kazakhstan, Ukraine, parts of the South Caucasus and Central Asia) have launched or are reforming their own models. Some are issuing licenses to online casinos and bookmakers, while others are still adjusting their rules, resulting in businesses operating in a grey area between white and semi-white scenarios. 

The overall trajectory in the CIS mirrors global trends: pressure on illegal segments intensifies, regulators incrementally impose KYC, AML, RG requirements, and larger players benefit more from operating within a comprehensible local framework than navigating perpetual uncertainty. For the industry, this indicates a rising demand for expertise in licensing, compliance and local regulation, compelling media buyers to discern which offers and formats genuinely conform to specific market rules and which do not.

Risks and the Dark Side

iGaming remains a legal and high‑tech industry, yet it has a very tangible dark side – ranging from addiction to criminal activity where proper oversight is lacking. How the market manages these risks largely depends on the presence of licenses and the strength of the regulator.

Addiction is the first and most obvious problem. Gambling is inherently built on reward mechanisms and dopamine, and online play amplifies this with 24/7 availability, fast deposits, bonuses, and personalized offers. Without loss limits, self‑control tools, and behavior monitoring, a portion of players descend into problematic gambling: debt increases, mental health suffers, relationships and work collapse. In mature jurisdictions, operators are required to implement Responsible Gambling measures: limits, self‑exclusion options, cooling‑off periods, age and behavior checks. Regulators actively fine those who ignore these requirements. Without that, the industry gradually becomes a toxic generator of addiction.

Gray markets and criminal activity emerge where there is either no clear regulation or it is difficult to enforce in practice. When an online casino or bookmaker operates without a proper license, players have no guarantee of fair payouts, transparent account management, or complaint mechanisms. In such an environment, money‑laundering schemes, the use of drop accounts, circumvention of financial controls, bonus fraud, and chargeback scams thrive. The greater the volume of activity that shifts into this gray zone, the more it attracts criminal elements: illegal payment processing, money laundering, misuse of client data, rigged games, and scam projects that vanish with bankrolls.

Therefore, licensing and proper regulation are not mere formalities for show but a crucial barrier between a functioning industry and chaos. A licensed operator is required to segregate player funds from operational accounts, undergo audits, comply with KYC/AML rules, implement Responsible Gambling measures, and have dispute resolution procedures. A regulator can scrutinize financial reports, impose fines, revoke licenses, and thereby offer players at least a basic level of protection. This is also critical for affiliates and partners: working with unlicensed brands or those in non‑transparent jurisdictions almost always carries a high risk of non‑payment, reputational damage, and sudden shutdowns. Ultimately, a sustainable iGaming market is only possible where the licensed white segment is stronger than the gray and black markets, as well as where rules are not just written into law but are genuinely enforced.

In 2026–2030, iGaming will increasingly evolve into “live” digital ecosystems where gambling, social interaction, cryptocurrency and game development converge into a unified stack. 

Web3 in the Context of iGaming

Web3 in the context of iGaming (online gambling industry) represents one of the most actively developing and potentially revolutionary fields. It’s not merely a technological trend but a paradigm shift from centralized platforms to decentralized protocols.

Core Concepts and Benefits of Web3 for iGaming

True Ownership

  • Traditional iGaming: You buy chips or place a bet, but they are essentially just entries in the company’s database. You cannot withdraw them from the platform or use them elsewhere.
  • Web3 iGaming: Your bets, winnings, in‑game items (NFT skins, unique weapons) exist as tokens (e.g., ERC‑20, ERC‑721) in your own crypto wallet (e.g., MetaMask). This is digital property that you can sell, trade, or use on other compatible platforms.

Transparency and Provably Fair

  • Traditional iGaming: Players must trust the operator’s claim that games are fair and that outcomes are generated randomly. Verifying this externally is impossible.
  • Web3 iGaming: Game mechanics (e.g., random number generation, rules) are encoded into smart contracts on a blockchain (most commonly Ethereum, Polygon, Solana). Their code is open for audit (open-source). Every transaction and result can be verified in a public ledger. The concept of “Provably Fair” becomes the standard.

Decentralization and Lowered Barriers

  • Any developer can create a game based on open protocols, without needing permission from large corporations. This fosters innovation and diversity in content.

Anonymity and Global Access

  • Often, only a crypto wallet is needed to play, without undergoing lengthy KYC (Know Your Customer) procedures. This opens access for users from regions where traditional iGaming is heavily regulated or prohibited (with the important caveat of legality).
  • Allows bypassing geographic restrictions.

Economic Models

  • DeFi + Gaming (GameFi): Players can not only play but also earn (Play-to-Earn, though the trend is now shifting towards Play-and-Earn). For example, by earning tokens for achievements, providing liquidity to betting pools, or participating in platform governance (through a DAO, Decentralized Autonomous Organization).
  • Lower Fees: Intermediaries (banks, payment systems) are eliminated, which can reduce transaction fees and increase RTP (Return to Player).

Specific Examples and Formats of Web3 iGaming

  • Decentralized Casinos: Platforms where all games are smart contracts, while bets and payouts occur directly between players and the contract (e.g., Dice, Roulette on the blockchain).
  • NFT Collections and Games: Using NFTs as unique in‑game items, cards, or characters. For example, Gods Unchained (a collectible card game) or ApeQuest (games utilizing NFTs from the Bored Ape Yacht Club collection).
  • Prediction Markets and Sports Betting: Decentralized platforms for wagering on events, where outcomes are determined by oracles (e.g., PolyMarket). This reduces the risk of operator manipulation.
  • Crypto Lotteries: Transparent lotteries built on smart contracts, allowing every ticket and the draw process to be tracked.
  • Virtual Worlds Metaverse: Casinos and gaming halls in virtual worlds like Decentraland or The Sandbox, where land and assets are NFTs.

Social Gambling and Skill-Based Games

A second clear trend is the blurring of the line between classic gambling and skill‑based games. Social casino projects, which monetize time and in‑app purchases rather than cash deposits, are already growing. By 2030, such products will be used even more actively as a soft entry point into iGaming funnels. In parallel, interest in skill‑based games is rising: tournaments in PvP mini‑games, battle arenas, hybrids between esports and casino games where the outcome partly depends on player skill. For regulators, this is a complex issue: how to classify them, how to tax them, and what restrictions to impose. However, for the industry, it represents an opportunity to move away from pure roulette towards more engaging formats. For affiliates, this means a wider range of offers that look like regular games but are built on the same monetization and retention funnels as traditional iGaming.

Integration with DeFi and NFTs

DeFi and NFTs in iGaming are not a passing trend but a potential new layer in the financial and content stack. DeFi tools are already being tested as a foundation for liquidity pools, where providers and investors deposit capital for a share in GGR or revenue, moving beyond traditional B2B contracts, effectively creating a “casino bank pool” powered by smart contracts.Within this framework, NFTs serve as tokenized elements of the iGaming ecosystem: unique skins for live games, access to VIP areas, private tables or exclusive tournaments, and even shares in jackpots or brands. By 2030, it’s reasonable to expect that major operators will launch hybrid loyalty programs, where a player has not just an account and status, but also digital assets that can be sold, staked, or used cross‑platform. At the same time, regulators and financial monitoring will closely scrutinize how these models manage AML risks and ensure that the DeFi infrastructure around casinos doesn’t simply become a vehicle for money laundering.

In the end, the future of iGaming is not just about growing turnover, but also about increasing structural complexity. Web3 platforms, metaverses, social and skill‑based gambling, DeFi finance, and NFT assets will gradually integrate into the classic casino and betting infrastructure. For industry professionals, this will mean shifting from a mindset focused solely on “traffic → registration → deposit” to one that considers the entire ecosystem: where a player’s money and digital assets reside, how they interact with the community, and how all of this coexists within an increasingly stringent regulatory framework.

FAQ

What is iGaming?

iGaming is the entire industry of real‑money online gambling: casinos and slots, sports and esports betting, poker, bingo, lotteries, and similar products played through websites and apps. Unlike offline gambling, it is built entirely on digital infrastructure: payment systems, licenses, tracking, CRM, anti‑fraud measures and traffic acquisition.

What job openings exist in iGaming?

The industry demands operational and marketing roles (media buyer, affiliate manager, CRM/Retention specialist, SMM manager, content creator), product and analytical positions (product manager, BI analyst, data scientist), technical roles (developers, DevOps, QA engineers), and experts in risk management, KYC/AML, and compliance. Additionally, there are specialized fields: support and VIP managers, sales and business development professionals, as well as HR and dedicated recruiters who staff international teams.

Is prior experience required to work in iGaming?

Formal experience specifically in iGaming is preferred for mid‑level and senior roles. However, to enter the industry, it is often sufficient to have basic skills from related fields (digital marketing, analytics, support, development) and a readiness to quickly grasp the specifics of gambling and regulatory compliance. Many companies hire juniors for support, junior marketing, and affiliate/CRM assistant positions, and then grow them internally if the individual is a fast learner and has a sound approach to the industry.

Why is cryptocurrency popular in iGaming?

Crypto is valued in iGaming for its fast and convenient payments, low fees, and the ability to reach an international audience without being tightly bound to specific banks and cards. For players, it means quick deposits and withdrawals. For operators, it represents an additional payment channel and a competitive advantage in markets where traditional methods often face rejections or delays.

Is iGaming legal?

The legality of iGaming depends on the country. In a number of jurisdictions, online casinos and betting are fully legal and regulated (licenses from UKGC, MGA, KSA, etc.). In others, only certain formats are permitted (e.g., sports betting), and in some places, online gambling is formally prohibited. Therefore, operators work under licenses from specific regulators, and it is important for both players and affiliates to understand in which countries an offer has the right to provide its services.

Are there risks in the iGaming industry?

Yes, the industry has its own risks: for players — addiction, financial losses, and unlicensed fraudulent operations; for companies and professionals — regulatory pressure, stringent AML/KYC requirements, and reputational issues surrounding gambling. Licensed operators are required to implement Responsible Gambling measures, anti‑fraud systems, and transparent rules. However, gray markets and illegal platforms remain a source of problems, which is why it makes sense to work only with those who openly display their licenses and adhere to local laws.

Author with 20 years of experience. I cover everything about iGaming, traffic sources, regulation, and tools—clearly, in detail, and in...
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