NetRefer Blog

The power of AI technology in iGaming

Written by admin | Feb 23, 2024 10:13:19 AM

The world of iGaming finds its home within the eCommerce universe, which has witnessed a huge transformation due to AI. By personalising customer shopping experiences, optimising operational processes, and providing in-depth data analysis, AI technology has dramatically improved efficiency and customer satisfaction.

Now, in 2024, the integration of AI technologies is poised to revolutionise every aspect of the iGaming industry, from enhancing the customer experience with AI-driven online casino presenters to optimising Sportsbook betting through advanced algorithm calculators. However, it is in the domain of data analysis within iGaming Affiliate Marketing where AI’s potential is surely most significant.

The implementation of AI in performance data analysis promises to offer unprecedented efficiencies in terms of time and resource allocation. The capability of AI to rapidly analyse data and generate insightful reports positions it as a key technological advancement, set to deliver considerable value to the iGaming sector. AI’s ability to process and interpret vast datasets instantaneously signals a transformation in analysing performance metrics and customer behaviours. This, in turn, accelerates a more targeted and effective Affiliate Marketing strategy.

AI Presenters used for Casino. Image credit © igamingbusiness.com

The transformative impact AI is anticipated to have on iGaming performance data analysis compelled NetRefer to invest heavily in the technology. As an Affiliate Marketing Platform Provider, our commitment to technological innovation has always been the cornerstone of our strategy. Yet, the introduction of AI presents an unparalleled opportunity for growth and efficiency in iGaming Affiliate Marketing. Our aim was to be the first to market advanced AI solutions and provide our clients with the earliest adoption period.

Such conviction and determination led to the creation of NetRefer CoPilot AI, an AI model developed in collaboration with Microsoft and Databricks, designed specifically for iGaming Affiliate Marketing platforms. NetRefer CoPilot AI has the power to answer complex queries in seconds, thereby accelerating the data analysis process. The technology does this through a Chat GPT format, converting natural language prompts into actionable data insights, effectively providing every NetRefer user with a Data Science and Engineering Assistant and simplifying the hugely complex world of data analysis. 

In terms of data analysis, there are two ways how NetRefer CoPilot AI can currently be used: it allows users to ask performance-related questions, such as querying specific data points, or inquire about complex scenarios, like identifying top-performing Affiliates with the highest converted First Time Depositors (FTDs) and Net Revenue. Additionally, NetRefer CoPilot AI includes a Client Knowledge Base feature, designed to rapidly address platform-related inquiries, further enhancing operational efficiency.

NetRefer CoPilot AI heralds a new era in iGaming, akin to the transformative impact of the internet on communication. By offering instant answers to complex data queries and platform related questions, AI enables iGaming Operators to plan and execute informed decisions swiftly, streamlining operations and optimising performance across various metrics. Showcased for the first time at iGB London, NetRefer CoPilot AI received outstanding appraisal from clients and iGaming experts alike.

In summary, the integration of AI into iGaming, especially within Affiliate Marketing, represents one giant leap forward in the industry’s ongoing evolution. By harnessing the power of NetRefer CoPilot AI, iGaming Operators can achieve greater operational efficiency, enhanced decision-making capabilities, and gain a competitive edge in a rapidly changing market. As we continue to explore the potential of AI, its impact on the iGaming Affiliate Marketing industry will be profound and far-reaching.