iGaming Glossary
The industry's most comprehensive terminology reference — every term explained in plain language with real-world context.
Affiliate Marketing
A performance-based marketing model where external partners (affiliates) drive player registrations and deposits in exchange for revenue share, CPA, or hybrid commission structures.
AML
Anti-Money Laundering
A set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income through gambling platforms.
CPA
Cost Per Acquisition
A fixed payment made to affiliates for each player who registers and meets specific qualifying criteria (e.g., minimum deposit). One of the most common affiliate compensation models.
GGR
Gross Gaming Revenue
Total amount wagered by players minus winnings paid out, before deducting operating costs. The primary revenue metric used by operators and regulators worldwide.
KYC
Know Your Customer
The mandatory identity verification process that iGaming operators must perform on players to comply with anti-money laundering regulations and licensing requirements.
NGR
Net Gaming Revenue
Gross Gaming Revenue minus bonuses, promotions, and other player incentives. Represents the true net income from gaming operations before operational costs.
Odds Compilation
The process of setting and adjusting betting odds/prices for sporting events. Combines statistical models, market analysis, and risk management to determine fair prices.
PAM
Player Account Management
A core platform system that manages player registration, wallet, bonusing, KYC status, and transaction history. The backbone of any iGaming operator's tech stack.
Responsible Gaming
A comprehensive approach to ensuring gambling remains a safe and enjoyable activity. Includes self-exclusion tools, deposit limits, reality checks, and intervention programs.
RTP
Return to Player
The theoretical percentage of wagered money that a game will pay back to players over time. An RTP of 96% means the game returns €96 for every €100 wagered over the long term.
Volatility
A measure of risk in a casino game — how often and how much a game pays out. High volatility games pay larger amounts less frequently; low volatility games pay smaller amounts more often.
Wagering Requirements
Wagering Requirements
The number of times a player must bet a bonus amount before being able to withdraw winnings. A 30x wagering requirement on a €10 bonus means the player must wager €300 before withdrawing.