Groove Tech, an igaming casino platform provider, showcased its latest innovation at the inaugural SBC Summit Tbilisi, held in collaboration with Georgia-based igaming and sports management organization, SMH.
The event focused on Georgia and its surrounding regions, providing an ideal platform for industry leaders to connect and share insights.
During the summit, Groove Tech’s Georgia team unveiled their cutting-edge B2B Recommender, a data-driven tool designed to help operators match content with specific markets effectively.
The Recommender is set to shake up the igaming industry by streamlining content selection and enhancing user experience for players.
Mariam Aleksidze, account manager for vendors and marketing manager at Groove Tech, expressed her enthusiasm about the event.
She praised the opportunity to expand their professional network, connecting with five new operators during the summit.
Aleksidze emphasized the event’s unique blend of business and entertainment, providing a conducive environment for both networking and showcasing Groove Tech’s expertise.
In addition to their participation in the event, Groove Tech recently launched their revamped website, www.groovetech.com.
The site offers access to a diverse game portfolio exceeding 15,000 games, all accessible through a single-API integration. Groove Tech continues to add over 100 new games each month, sourced from more than 100 top content partners.
Yahale Meltzer, COO, and co-founder at Groove Tech, hailed the SBC Summit Tbilisi as a pivotal moment for their Georgia team. Meltzer highlighted the event’s significance in elevating the region’s profile and expanding their operator cluster in Georgia.
He expressed delight in promoting responsible gambling and showcasing Groove Tech’s innovative technologies to a wider audience.
Groove Tech provides a turnkey solution, including crypto casino management, for entrepreneurs, looking to establish their own online casino.
Their Groove On platform offers a comprehensive package, including a customizable interface and essential tools for day-to-day business management.
With features like real-time reporting, bonus systems, payment gateways, and affiliate programs, Groove On empowers entrepreneurs to create successful online casino ventures seamlessly.
Last week, Georgian Prime Minister Irakli Garibashvili announced an increase in taxes for the gambling industry, raising it to 15% from the current 10%. Additionally, a higher 5% tax on money withdrawals from the business through banks was introduced.
The decision comes in response to the sector’s growing turnover, which rose from $17bn to $19bn in 2022, prompting the government to allocate an additional $257m million from the gambling industry to the state budget in 2024.
As a comparison, back in 2021, Georgia’s gambling industry generated $50m in tax revenue.
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