How to succeed as a gambling operator

In this post I share a simple but powerful framework for succeeding as a gambling operator.
 
This is something I learned in my first days in the sector back in 2012, and that has proven true in every market I’ve worked in since.

Acquisition or Retention. Or both?

There are two ways to build a successful gambling operation.

The first is through strong acquisition. If you’re consistently bringing in large volumes of new players, you can sustain a good business even if your retention isn’t perfect.

The second is through excellent retention. If you’re not acquiring at scale but you do a great job of keeping the players you bring in, you can still build something solid.

Both models can work. But to build a truly successful operation, you need to master both.

Acquisition: building visibility in your market

We have launched and operated casino and sportsbook brands in markets like Spain, Chile, Peru and Venezuela. Each country has its own characteristics and regulatory environment, but the marketing mix tends to follow a similar pattern across all of them.

To build real brand visibility, operators need a comprehensive marketing plan that typically includes TV, social media, programmatic campaigns and sponsorships with local influencers and prescriptors. In markets where regulation allows it — like Spain — Google Ads and Meta Ads are also powerful tools.

At Itzitip we work as an iGaming marketing agency for operators looking to grow in Chile and Spain, combining local market knowledge with a strong network of partners on the ground.

Retention: turning players into loyal customers

On the retention side, operators need a solid CRM strategy in place — automated email flows with relevant offers, loyalty programs, gamification mechanics and well-structured bonus campaigns to reactivate lapsed players.

Retention is often underinvested compared to acquisition, but it’s where long-term profitability is built.

Operating in Spain or LATAM?

If you’re launching operations in Spain or LATAM — or already operating and looking to accelerate growth — get in touch.

We’d love to discuss how we can help your brand grow in these markets.

 

Let´s discuss how we can help your company

Eduardo Miranda

Eduardo Miranda

Eduardo Miranda is the founder of Itzitip, serving as a strategic advisor and fractional executive for companies in high-growth and regulated sectors. With nearly two decades of leadership experience, he helps companies and brands scale in Spain and LATAM by bridging the gap between strategy and execution.

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Disclosure

We are not lawyers, nor fiscal or legal advisors and our blog posts are just our thoughts and considerations regarding the different aspects of the gambling regulations and activities.

English is not our mother tongue, so please excuse typos and grammar errors.