Knowledge base

iGaming glossary

From GGR to provably fair, from KYC to agent systems — every term you need to navigate the world of online gambling, written in plain language.

14 terms
A

AML (Anti-Money Laundering)

Set of regulations and monitoring procedures that operators must implement to detect and prevent money laundering through gambling activity.

Legal

Agent System

Hierarchical commission and player-management structure used by Asian-facing casinos, where master agents recruit sub-agents and players.

General
C

Crypto Casino

Online casino that accepts cryptocurrencies (BTC, ETH, USDT…) for deposits and withdrawals, often with provably-fair game mechanics.

Crypto

CPA & RevShare

Two affiliate compensation models: CPA pays a fixed amount per acquired player, RevShare pays a recurring percentage of player NGR.

Marketing
G

GGR (Gross Gaming Revenue)

Total amount wagered by players minus the winnings paid out, before any operating costs. The primary revenue metric in iGaming.

Financial

Game Aggregator

Platform that connects an operator to dozens or hundreds of game providers via a single API integration, drastically reducing time-to-market.

Technical
K

KYC (Know Your Customer)

Mandatory identity verification of players to prevent fraud, underage gambling and money laundering. Required by every regulated jurisdiction.

Legal
N

NGR (Net Gaming Revenue)

GGR minus bonuses, jackpot contributions, taxes and payment processing fees. Reflects the operator's real profit base.

Financial
P

PSP (Payment Service Provider)

Third-party that processes deposits and withdrawals — credit cards, e-wallets, bank transfers, crypto. Choice of PSPs directly impacts conversion.

Financial

Provably Fair

Cryptographic mechanism that lets the player verify each game result was not manipulated by the operator. Standard in crypto gaming.

Crypto
R

RTP (Return to Player)

The theoretical percentage of total wagers a slot or game returns to players over time. Industry standard ranges 94%–98%.

Technical

RNG (Random Number Generator)

Certified algorithm that ensures every game outcome is statistically random and tamper-proof. Mandatory for licensed casinos.

Technical
T

Turnkey Casino

Complete casino package — software, games, payments, support — delivered ready to operate, but typically under the operator's own license.

General
W

White-Label Casino

Turnkey solution where an operator launches a fully branded casino on a provider's ready-made platform, under the operator's own licence, without building infrastructure from scratch.

General