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Swifty Global secures South African gambling license

Swifty Global secures South African gambling license

South Africa

Swifty Global announced that it has officially obtained its gambling license for South Africa through the National Gambling Board. This license grants Swifty the ability to advertise and operate in key regions, positioning the company to take advantage of the rapidly expanding South African gambling market, which is currently valued at $1.8 billion annually.

This development highlights the immense potential of the South African market, which Swifty is eagerly preparing to enter. This milestone represents a significant step forward for the company as it continues to grow and expand into new international territories. With final preparations for Swifty's official launch underway, the company anticipates entering the South African market no later than the end of Q3 this year.

Swifty Global's decision to secure the South African gambling license aligns with its growth strategy, as it expands its market reach and operational capabilities. The market's significant growth potential positions the company to capitalize on it, and it is poised to emerge as a major player in the South African gaming sector following the successful grant of this license.

Swifty Global, also known as Cashmere Holding Company (OTC: DRCR), is a cutting-edge technology firm specializing in groundbreaking solutions within the sports betting industry. The company's primary objective is to drive shareholder value through accelerated innovation and enhanced usability of its products. With licenses spanning multiple global jurisdictions, Swifty has successfully introduced a revolutionary suite of offerings to the market. This includes the company's proprietary swipe betting sports prediction application, as well as its traditional sportsbook and casino gaming platforms.

Published June 15, 2024 by GamblingTalk