A turnkey solution for businesses essentially eliminates the need for operators to spend time and money developing their own software and iGaming platforms from the ground up.
For example, the Lynon Turnkey iGaming Solution is the perfect tool for entrepreneurs who are looking to start a new business, such as an online casino or sportsbook, and quickly get a foothold in the industry without all the hassle that’s typically involved in launching a new operation in the digital realm.
With that said, here is a useful turnkey checklist for anyone who is considering using a full-service iGaming platform provider.
What exactly is an iGaming turnkey solution?
An iGaming turnkey solution like the one developed by the Lynon experts is a customisable, fully-functional, and ready-to-use product or service that is fully equipped to ensure minimal effort from the iGaming operator to get their new business up and running.
In other words, convenient, user-friendly, robust, and efficient business solutions like this reduce costs, save time, and eliminate stress. Entrepreneurs have a ready-made platform to quickly enter the market in the shortest period of time and with very little effort.
It can easily be tailored to the operator’s business model, requirements, and aspirations.
Key factors to consider when choosing a full-service iGaming provider
When choosing a full-service iGaming provider with turnkey solutions, there’s plenty to consider. It’s important that you conduct your own due diligence and consider the various important aspects, such as the provider’s experience, their ability to adapt to an ever-changing digital landscape and regulations, and licensing.
Here is a simple and effective checklist to bear in mind when you next decide to take advantage of globally renowned iGaming turnkey solution providers, such as Lynon:
- Reputation/track record – ensure the provider has built up a solid track record and has good standing in the industry. See how successful their portfolio is, take a look at case studies, and see what kind of user feedback they have received
- Security and compliance – it’s important that the provider you choose for your iGaming turnkey solutions has robust cybersecurity mechanisms, such as fraud detection, anti-money-laundering tools, and sophisticated encryption. It’s also crucial that they are fully licensed and regulated by the necessary authorities, which proves that they are above board and are committed to providing legal and ethical practices
- Technical capabilities – things to consider are reliability, ease of use, and how scalable your chosen provider’s technology platform is to ensure continued success as your business grows. It also helps to find a solution that can easily be integrated into your existing systems, and that it can always adapt to the latest trends and emerging technologies
- Game portfolio – to cater to a wide player base, ensure your turnkey solution provider offers a healthy, extensive, and comprehensive choice of games from top-tier, market-leading software providers and game development studios, and that new games can easily be added. Games from well-established providers will attract new players with the latest features, big jackpots, innovative game mechanics, and high or above-average RTP% (return to player) payout rates
Final thoughts
It’s also important to find out what kind of built-in customer support your turnkey solution provider offers, what kind of strategic partnership and ongoing guidance and support they provide for operators, and which other unique features, products, and services are included in the packages.
Finally, another thing to consider is the overall cost of those services and solutions, and what the maintenance fees and ongoing costs are. Look out for hidden fees, and don’t forget to evaluate the revenue-sharing model to ensure it is in line with your business plan and expectations.
