DeGaming

Business Model

DeGaming generates revenue by providing a comprehensive Web3 iGaming infrastructure platform to operators. Instead of selling individual products, it offers a single unified engine that handles settlement, game integration, player engagement, and compliance. Operators can launch a full casino, sportsbook, or white-label brand without upfront bankroll capital through the Bankroll-as-a-Service offering, which gives access to a liquidity pool backed by third-party funding. DeGaming charges platform fees and potentially revenue-sharing arrangements, though specific pricing is not publicly disclosed.

Key Products and Platforms

The cornerstone of DeGaming’s offering is the Glass Vault, a proprietary on-chain financial architecture that records every bet, win, and incentive on a public blockchain, enabling real-time, independent verification. Complementing this is the Bankroll-as-a-Service, which removes capital risk for operators by providing a dedicated liquidity pool that guarantees payouts via the Glass Vault. The White-Label Casino Platform is a fully branded turnkey solution with integrated games, compliance tools, back office, and player engagement features. DeGaming also offers a Sportsbook Infrastructure module powered by Betby, supporting live and pre-match betting with on-chain settlement. The Game Provider Directory gives operators instant access to 6,000+ titles from over 200 studios, including major names like Pragmatic Play, Evolution, and NetEnt, as well as crypto-native games like Crash and Dice. Player engagement is handled through Smartico gamification (missions, ladders, loyalty programs) and Scaleo affiliate tracking.

Market Position and Competition

DeGaming positions itself as a fully transparent alternative to traditional iGaming software providers, which often rely on opaque “black-box” back-end systems. Its main competitors include established iGaming platform providers such as SoftSwiss, EveryMatrix, and Playtech, as well as other Web3-focused platforms like FunFair and EdgeGamers. DeGaming differentiates through its Glass Vault transparency and bankroll-as-a-service model, which lowers the barrier to entry for new operators. The company is regulatory-ready with built-in AML and KYC tools and can be deployed across web, mobile, and Telegram environments, claiming a go-live time of weeks rather than months.

Leadership and Funding

DeGaming was founded in 2022 by Emil Ahmed and Richard Larsson. Emil Ahmed served as CEO until early 2025, when Ulle Skottling was appointed to lead the company’s next growth phase; Ahmed remains a co-founder and continues to be involved. CTO Richard Larsson oversees the technical architecture. In 2025, the company secured €3.5 million in an equity round led by the founders of the XDC Network, with additional angel investors. The funding is intended to accelerate product development and expand the company’s footprint in the growing Web3 gambling market.