SOFTSWISS Secures Key South African Certifications to Expand iGaming Presence

SOFTSWISS, a leading iGaming software supplier, has obtained South African certification for its Casino Platform and Sportsbook, marking a significant expansion into the region's burgeoning market.

SOFTSWISS Gains South African Certification

SOFTSWISS, a prominent software supplier in the iGaming industry, has secured a pivotal certification in South Africa. The company received a Letter of Certification (LoC) from the National Regulator for Compulsory Specifications (NRCS) for its Casino Platform and Sportsbook. These platforms are now certified under the South African B2B manufacture license, opening new avenues in the region's iGaming market.

Learn more about Softswiss! Read our exclusive interview with Tatyana Kaminskaya, the Head of Softswiss Game Aggregator, here!

Strategic Acquisition of Turfsport

Earlier this year, SOFTSWISS acquired a significant stake in Turfsport, a well-established South African software supplier with 35 years of industry experience. This strategic move allowed SOFTSWISS to align its product portfolios with Turfsport, paving the way for the newly obtained certifications. The acquisition and subsequent certification signify SOFTSWISS's commitment to expanding its footprint in South Africa.

Key Market Potential

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, highlighted the strategic importance of the South African market. "South Africa will be one of the key markets for SOFTSWISS in the coming years. It has immense potential, driven by increasing internet penetration, lower mobile internet costs, and affordable mobile devices. Additionally, the local audience shows a strong interest in gambling, which further supports our decision to expand here," he stated.

Gambling Trends in South Africa

The InfoQuest survey provides insights into gambling habits in South Africa. Sports betting is the most prevalent form, with individuals placing bets about 12 times a month on average. Casino and horse betting are popular on weekends, while lottery and online betting are accessible throughout the week. The average gambler engages in three different types of gambling multiple times a month, reflecting the integral role of gambling in South African society.

Rising Interest in Esports and Fantasy Sports

The SOFTSWISS South African market review indicates a growing interest in esports and fantasy sports, particularly among younger, tech-savvy demographics. According to Statista, 51% of South African survey participants are interested in esports betting. Additionally, the National Gambling Board (NGB) reports that 39% of participants are inclined towards fantasy sports betting, especially in popular sports like soccer, cricket, and rugby. These trends align with global patterns and suggest a promising future for these regional sectors.

About SOFTSWISS

SOFTSWISS is an international tech company providing software solutions for managing iGaming projects. With over 2,000 employees based in Malta, Poland, and Georgia, SOFTSWISS holds multiple gaming licenses and offers comprehensive iGaming software solutions. The company's product portfolio includes the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS pioneered the first Bitcoin-optimised online casino solution, showcasing its innovative approach to iGaming.

Market IMPACT

With its new South African certifications, SOFTSWISS is poised to impact the region's iGaming market significantly. The strategic acquisition of Turfsport and the alignment of their product portfolios underscore SOFTSWISS's commitment to growth and innovation in this promising market.