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    Home»Others»Branding is More Important in iGaming Than Ever

    Branding is More Important in iGaming Than Ever

    JustinBy JustinMay 20, 2024Updated:May 20, 2024No Comments4 Mins Read

    You might have noticed that there’s an online gambling craze going on. The internet is now home to over 2,000 online casinos, almost half of American adults have placed a sports bet in the past year, and the global online gambling market is projected to reach a market volume of US$136.30 billion by 2029. Impressive, right? But even though this is good news for the iGaming industry as a whole, it also means that competition levels have skyrocketed. In other words, the market has become saturated and competition is stiff. This has led to one factor becoming more important than anything else: branding. 

    For any online casino or sports gambling site looking to be a success, it needs to have excellent branding. This includes a strong brand identity, recognisable values, and an image that players want to be associated with. When iGaming brands get this right, it leads to more sign-ups, higher levels of customer loyalty, and increased brand recognition — simple.

    Table of Contents

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    • The Biggest Brand Names in iGaming 
      • What Makes Good Branding in iGaming 
        • Attractive Welcome Bonuses and Offers 
        • A Memorable and Catchy Name 
        • Consistent Brand Imagery 
        • Partnering with Athletes and Influencers
        • Social Media Presence 

    The Biggest Brand Names in iGaming 

    We’ve established that there are lots of iGaming brands currently in operation (too many to count, in fact). Some are lesser-known, while others have risen to the top of the gambling pyramid through incredible branding. The biggest names that currently sit at the top include DraftKings, FanDuel, BetMGM, bet365, and McLuck. What’s interesting about these names is that they all follow the same branding principles, which has enabled them to solidify their positions in the iGaming market and attract millions of worldwide users (with DraftKings alone, you have a sportsbook with over 2.3 million monthly unique  players). Let’s take a closer look at what some of these principles are. 

    What Makes Good Branding in iGaming 

    • Attractive Welcome Bonuses and Offers 

    iGaming branding is largely about the bonuses and offers provided to players. If your offers are good, sign-ups will naturally follow. Offer little to nothing, though, and your gambling site will be a graveyard. This is why one of the universal marketing aims in iGaming is to be known as a brand that’s generous with its bonuses. Otherwise, players simply aren’t interested. 

    Jonathan Ridehalgh, iGaming analyst from the GamblingPromoCodes site, has provided his thoughts on this:

    “Welcome bonuses and offers are the biggest incentive in online gambling today. Ultimately, they convince people to get over the line and actually create accounts. And it basically comes down to who has the best bonuses. If you’re someone who loves online slots, then you’ll be more inclined to join whichever site offers the most free spins. At the end of the day, it always comes down to the quality of the bonuses.” 

    • A Memorable and Catchy Name 

    Every successful online casino or sportsbook that you can think of has a catchy name — one that you can easily recall and reference with your friends. What’s interesting about this is that iGaming brands will also often incorporate some kind of reference to gambling within their names. For example, with Bet365, it’s a message that you can bet anytime, anyday. Then you have another brand like WOW Vegas, which is a simple (yet highly effective) reference to the fun of Las Vegas gambling. The lesson here is that gambling companies need memorable and catchy brand names that make some kind of reference to what they’re all about. 

    • Consistent Brand Imagery 

    iGaming brand imagery is everything. From a consistent color scheme to easy-on-the-eye graphics, it all matters. With FanDuel, you have an iGaming brand that’s associated with a trustworthy blue and white color scheme. On the other side is DraftKings, a brand that sports a powerful green and orange combination. These two respective brands stick to their colors throughout their sites, marketing materials, and everything else in-between, as it helps to build strong brand recognition amongst gambling fans. 

    • Partnering with Athletes and Influencers

    Whenever you see a gambling advertisement in 2024, there’s an extremely high chance that it will feature an athlete or influencer of some kind. The reason for this is because it’s a proven method for building strong brand identity and trust. Just recently, Tom Brady (the biggest name in NFL history) was part of BetMGM’s debut Super Bowl ad, which gave the sportsbook and casino an incredible brand recognition boost 

    • Social Media Presence 

    Lastly, a strong social media presence is key in iGaming. Through social media, online casinos and sportsbooks are able to interact with players, get the word out about new offers and picks, and even do exciting things like giveaways. Moving forward, it’s even predicted that social media will be the number one driver behind gambling sign-ups, so it’s highly likely that iGaming brands will be stepping up their social media game over the next few years. 

     

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