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Both GGR and NGR casino metrics are important for the iGaming business. They provide insights into a firm's commercial performance and can be used to make informed decisions about operations, advertising, and investment.
These terms are important to understand for entrepreneurs. For the operators, it is advisable to rely on competent specialists. The Smart Money aggregator has years of experience in iGaming and helps launch projects, increase profitability and provides decent promotion tools.
Gross Gaming Revenue is the total financial value of wagering activities provided by the operator.
The term does not take into account any deductions such as:
GGR meaning in casino establishments includes profits from slot machines, board amusements, sports betting and other gambling activities. Gross Gaming Revenue is one of the most crucial factors in shaping the success and viability of an entertainment company.
There are several benefits of GGR for casinos, including:
Profitability | By tracking the metric over time, an operator can determine whether its wagering activities are generating sufficient revenue to cover all expenses |
Investment | Casino GGR is also important for attracting contributions to the gaming sphere. Investors typically look at the percentage as an indication of its potential for profitability and growth |
Benchmarking | By comparing its GGR to that of competitors in the same region or market segment, a casino owner can determine whether it is performing well and detect areas where it needs to be improved |
Marketing | Establishments that have high GGR figures can use this as a selling point to potential customers. It means that they offer a wide range of exciting gambling activities and have a good track record of paying out winnings to players |
The abbreviation stands for Net Gaming Revenue, which is another crucial financial metric to measure lucrativeness.
What is casino NGR? It is the quantity of money the enterprise earns from gambling after deducting payouts to punters and other business expenses:
Casino NGR is often considered a more accurate measure of the company's profits than GGR since it includes the costs related to site operation.
To calculate NGR meaning, the total revenue is first reduced by any deductions, including taxes, gaming commissions, and other outgoings. The resulting figure reflects the actual profit generated after considering all costs.
NGR has several benefits for casinos, including:
What is GGR casino calculation? And what does NGR mean? In the wagering industry, these are 2 important metrics that provide insights into the commercial performance of an institution.
Knowing these numbers will help you:
Smart Money is a professional aggregator. We have already served thousands of gaming companies. Our gambling software is a perfect choice for both newcomers and experienced entrepreneurs. We also provide full financial assistance like calculating GGR meaning and other operations.
From our firm, you can purchase:
For more information about casino profits or to order gambling business software, feel free to connect with our manager.
Do you still have any questions? Ask an expert
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