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Swifty Global Announces the Launch of Swifty Gaming

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Dear Cashmere Holding Company, known as Swifty Global (Swifty), is a technology company focused on creating groundbreaking solutions in the Financial and Sports Betting Sectors. The company has already developed and launched two disruptive mobile applications (apps) for sports predictions in the United Kingdom (UK) and a global digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.

Today, Swifty has soft-launched its gaming site. The site offers all major sporting events including pre-match and in-play bets across 90% of the global market and it will offer more than 200 casino games. Leveraging over 150 years of industry knowledge and experience gained by acquiring top international agents and traders to manage and grow the Swifty Gaming sportsbook and casino, Swifty expects to onboard a number of premium clients with the revenue generated reflecting in the company’s third quarter results. Swifty Gaming is an exciting opportunity for Swifty Global and its Shareholders, with the company expecting to generate tens of millions in revenue during its first year of gaming operations.

Swifty already holds UK and Curacao gambling licenses with several license applications pending for other countries. Swifty’s in-house development team has developed and uses its own proprietary software which has been certified by GLI. This allows Swifty to license out its technology platform to major operators who already hold in-country licenses, meaning that Swifty is able to scale its revenue and profits very quickly through the company’s swipe betting application, which is now fully operational and already offering thousands of bets across multiple sports. The swipe betting app recently underwent a soft launch to give the product real-life testing of its latency, resilience, transactional speeds, and payment gateways before the major roll-out which is expected to attract tens of thousands of betters to the app. The company is preparing for its major roll out to coincide in the coming weeks with the European Football/Soccer season and then gearing up for the Football/Soccer World Cup.

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A highly regulated gambling market inhibits the speed at which gambling businesses can scale up globally due to the licenses, certifications and compliance required. This presents a significant barrier for new competitors to enter the market and although certifications and compliance has historically delayed Swifty, the company now holds several licenses with many more going through the approval process. Swifty is expanding its compliance and thereby increasing its competitiveness with technological advantage and significantly lower cost base and over its competitors.

The Swifty business is highly scalable, and the management team is currently negotiating with targeted acquisitions and strategic partnerships as the company targets a 1-billion-dollar valuation.

As previously reported, Swifty is also due to cancel 10,666,666 from its outstanding shares table within the coming weeks.

Swifty Global CEO, James Gibbons, commented: “After almost two years of painstaking and meticulous effort by our team, it is fantastic for shareholders, clients, and ourselves to finally see the business unfolding for all to see. Having already posted our first profit in August, we are in great shape for exponential growth over the coming quarters and years, with our vision to be on a big board as soon as possible. We are also looking very forward to becoming fully reporting and executing our name change which will be instrumental for our next phase of growth.”

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Compliance Updates

Stake statement on exiting UK market

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Stake’s statement on its decision to end its white label activities in the UK market:

Stake has made a strategic decision in mutual agreement with TGP Europe to exit white-label agreements and focus on securing local licenses through our in-house platform and operations, building upon our growth in key regulated markets such as our recent expansions into Italy and Brazil.” – Stake spokesperson.

The post Stake statement on exiting UK market appeared first on European Gaming Industry News.

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Africa

The Top 5 Welcome Bonuses South African Online Casino Players Can Look Forward to in February 2025

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South Africa’s online casino industry continues to thrive, boasting an ever-increasing array of high-quality gaming platforms. With many choices available, discerning a quality online casino has never been more crucial. Quality is determined by several factors including game variety, user experience, customer support, security, and especially the value of welcome bonuses offered.

Due to the extensive number of options, using a reputable guide to sift through the wealth of online casinos ensures that players can find the best experiences available. One such critical factor in this selection is the welcome bonus, which significantly enhances the initial gaming experience and boosts players’ chances from their very first deposit.

As the online casino landscape expands, the importance of reliable, knowledgeable guidance in choosing the right casino becomes imperative. www.nodepositcasinos.co.za, a leading portal for online casinos in South Africa, stands out as a prime resource. Our expertise allows us to navigate and recommend top-tier online casinos that promise not only enjoyment but also security and fair play.

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This February 2025, www.nodepositcasinos.co.za has carefully selected the top 5 welcome bonuses available to South African players. These bonuses have been chosen based on their value, the quality of the casinos offering them, and their appeal to both new and seasoned players.
Here’s a detailed look at what players can expect:

  1. Springbok Casino
    • Welcome Bonus: R500 Free No Deposit Bonus, Coupon Code: NDC500; R11,500 Welcome Bonus
    • Casino Highlights: Springbok Casino, launched in 2012 and licensed by the Government of Curacao, is powered by Realtime Gaming. It is highly popular among South African players for its robust game library including slots, table games, and more. This online gambling site supports gameplay on various devices, offering services in both English and Afrikaans, and all transactions are conveniently listed in ZAR.
  2. Yebo Casino
    • Welcome Bonus: R350 Free No Deposit Bonus, Coupon Code: NEW350; R12,000 Welcome Bonus
    • Casino Highlights: Since 2014, Yebo Casino has been a trusted name in the South African market, adorned in the national green and black to resonate with local pride. It offers a comprehensive Realtime Gaming portfolio and exceptional customer service, with a variety of banking options including EasyEFT and cryptocurrencies.
  3. Punt Casino
    • Welcome Bonus: R350 Free No Deposit Bonus, Coupon Code: SAC350; R10,000 Welcome Bonus
    • Casino Highlights: Tailored for South African players, Punt Casino offers a vast array of games from Realtime Gaming since its inception in 2017. The site is known for its mobile compatibility and a variety of bonus offers, alongside top-notch security protocols ensuring a safe gaming environment.
  4. Thunderbolt Casino
    • Welcome Bonus: R500 Free No Deposit Bonus, Coupon Code: NDC500; R10,000 Welcome Bonus
    • Casino Highlights: With a mascot named Thando the Chameleon, Thunderbolt Casino offers a distinctly South African vibe and a comprehensive suite of real-time gaming titles. Players can enjoy a variety of bonuses and promotions, accessible via both desktop and mobile platforms.
  5. Silversands Casino
    • Welcome Bonus: R400 Free No Deposit Bonus, Coupon Code: NDC400; R10,000 Welcome Bonus
    • Casino Highlights: Established in 1999, Silversands Casino stands as one of the oldest and most respected online casinos in South Africa. The platform features a full range of Realtime Gaming slots and table games, with robust security measures in place to ensure a secure and fair gaming experience.

The post The Top 5 Welcome Bonuses South African Online Casino Players Can Look Forward to in February 2025 appeared first on European Gaming Industry News.

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eSports

BETBY TO POWER SOFTLABS’ ESPORTS PORTFOLIO WITH BETBY GAMES

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BETBY, a leading sportsbook supplier, has announced a strategic partnership with iGaming provider Softlabs, in an agreement that will further increase the reach of its proprietary esports product. Through this partnership, BETBY’s award-winning esports solution, BETBY Games, will be made available to all operators on Softlabs’s partner network.

Softlabs will be seeking to to leverage the BETBY Games proven content that delivers fast-paced wagering action on a content lineup, which includes eSoccer, eBasketball, eFighting, eCricket, eShooter, eHorse Racing, eTennis, and eStreet Soccer. This will provide its partners with over 60 tournaments featuring over 350 markets, and 245,000 live matches per month.

“Softlabs has built a strong reputation in the industry and we are thrilled to join forces with them,” said Kirill Nekrasov, Head of BETBY Games. “This partnership allows us to extend the reach of BETBY Games and provide Softlabs with an even richer esports portfolio. Together, we’re pushing the boundaries of innovation in the esports betting landscape.”

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Dmitrii Borodint, Chief Product Officer at Softlabs, commented: “Partnering with BETBY marks an exciting new chapter for us. The exceptional quality and variety of BETBY Games content will provide our clients and their players with a highly immersive and customizable esports experience, helping us to stand out in an increasingly competitive market.”

The post BETBY TO POWER SOFTLABS’ ESPORTS PORTFOLIO WITH BETBY GAMES appeared first on European Gaming Industry News.

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