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SOFTSWISS Expands in South Africa with New Certifications

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SOFTSWISS Expands in South Africa with New Certifications
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SOFTSWISS, a leading software supplier for the iGaming industry, announces its successful South African certification. The company has secured a Letter of Certification (LoC) from the National Regulator for Compulsory Specifications (NRCS) for its Casino Platform and Sportsbook, now certified under the South African B2B manufacture licence. 

This licence was initially obtained by Turfsport, a seasoned South African software supplier with 35 years of industry experience. Earlier this year, SOFTSWISS strategically acquired a major stake in Turfsport, aligning their product portfolios. With this certification, SOFTSWISS expands its offerings in the burgeoning South African market.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, comments: “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.”

According to the InfoQuest survey, sports betting is the most common form of gambling in South Africa, with people placing bets on sports about 12 times a month on average. Casino gambling and horse betting are most popular on weekends, while lottery and online betting happen throughout the week because they are easily accessible online. The survey also reveals that the average gambler engages in three different types of gambling multiple times a month, underscoring the significant role of gambling in South African society.

The recently published SOFTSWISS South African market review highlights a growing interest in esports and fantasy sports, particularly among younger, tech-savvy demographics. Statista reports that 51% of South African survey participants are interested in esports betting, while the National Gambling Board (NGB) notes that 39% 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 sectors in the region.

The comprehensive SOFTSWISS South African market review is available for free and offers valuable insights into these emerging trends.

 

About SOFTSWISS 

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including 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 was the first in the world to introduce a Bitcoin-optimised online casino solution.

Africa

QTech Games wins Online Casino Provider of the Year Award for Africa

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QTech Games, the leading games distributor across all emerging markets, has won the “Online Casino Provider of the Year” award this week at the 9th Annual Sports Betting East Africa (SBEA+) 2024 Summit in Kampala, Uganda, fending off strong competition from other leading lights, such as BetConstruct, SA Gaming and DST Gaming.

These SBEA+ Eventus Awards have long recognised excellence and advancements in the East African iGaming and sports betting sector. The award is perennially given to the best overall online casino provider in the African space.

QTech Games’ CEO, Philip Doftvik, said: “It’s another welcome validation for QTech Games and our diligent team to have bagged this cornerstone award for the best digital casino provider in East Africa. I’m glad to see that our brand and its broad product portfolio are gaining traction across even more growing, and previously under-served, gaming markets.

“After a great show in Kampala, we look forward to building on our work in Africa at the SBWA+ Summit and Awards show in Accra, Ghana, in August. Africa remains one of the breakout emerging markets rich with possibilities with which to foster our international expansion!

“Moreover, this award demonstrates how our concerted effort, focusing on the African market, has paid off. I’m very excited about our upcoming launch of our new innovative QTech Hybrid product, seamlessly marrying online and offline. This innovation is another sign of our commitment to the region in developing products that have a high local demand. Get in touch to find out more!”

QTech Hybrid

QTech Hybrid will next be showcased at the upcoming SBWA+ event in Ghana in August, where QTech Games will be present with a flagship stand. QTech Hybrid offers a retail solution that can be transferred to your phone, so that the customer can continue playing after leaving the premises or betting shop. QTech Hybrid allows players to access the full game library of QTech Games, while the retail solution also contains a state-of-the-art Agent Management System.

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Africa

Kambi Group plc agrees long-term sportsbook partnership extension with Sun International

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Kambi Group plc agrees long-term sportsbook partnership extension with Sun International
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This is the second contract extension between Kambi and Sunbet.co.za since the partnership was first established in 2017

Kambi, the world’s trusted sports betting partner, has announced a long-term extension to its multi-channel sportsbook partnership with Sun International, a leading African gaming and hospitality company and operator of South African betting brand Sunbet.co.za.

The latest agreement builds upon the successful collaboration in 2017 when the partnership was first established. The extension will see Kambi’s market-leading sports betting technology and services continue to power Sun International’s online sports operations. This will ensure continued support for the operator’s ongoing growth and expansion plans.

Through the extended partnership, Kambi will continue to provide Sun International with its comprehensive suite of cutting-edge sports betting technology and services, including its award-winning sportsbook platform, sophisticated pricing and trading capabilities, and its award-winning Bet Builder product. This will further empower Sun International’s Sunbet.co.za brand to maintain its position at the forefront of the South African online sports betting market.

Veena Dhesi, Kambi’s SVP Partner Success, said: “We are pleased to further extend our successful partnership with Sun International who have established themselves as one of the leaders in the African gaming industry. Since 2017, we have been proud to play a part in supporting their continued success and this long-term commitment is a testament to both the strength of our product and the level of service we can provide to our valued partners.”

Simon Gregory, Sunbet CEO, added: “Sunbet is delighted to continue our journey with Kambi. Their best-in-class sportsbook technology has been instrumental in our growth as one of South Africa’s leading online sportsbooks. This extended partnership will provide us with the technology and support we need to keep innovating while offering our customers a leading betting experience.”

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Africa

Expanse Studios (GMGI) Joins Forces with Betika in Strategic African iGaming Expansion

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Expanse Studios, iGaming development studio and part of the Golden Matrix Group (NASDAQ: GMGI) is thrilled to announce a new strategic partnership with Betika, Kenya’s leading online gaming company.

This collaboration, facilitated by our alliance with Casimba Casino, will further increase Expanse Studios’ iGaming experience across Africa, tapping into Betika’s extensive operations.

This partnership will transform the iGaming landscape in Kenya by delivering Expanse Studios’ diverse portfolio directly to Kenyan iGaming enthusiasts, who will now have access to Expanse’s top-tier slot games, innovative crash games, classic card games, and our uniquely gamified turn-based strategy games.

Damjan Stamenkovic, CEO of Expanse Studios, expressed excitement about this new venture, stating, “Partnering with Betika not only expands our footprint in the vibrant and rapidly growing African iGaming market but also aligns perfectly with our mission to deliver superior gaming product through constant innovation.”

 

Kenya’s iGaming Market: A Hub of Growth and Opportunity

According to Statista, Kenya’s iGaming market is poised for substantial growth, with online gambling revenues expected to hit €92.44m in 2024 and forecasted to grow at a CAGR of 6.25%, reaching approximately €117.80m by 2028. The online casinos segment alone is anticipated to generate €51.60m in 2024, demonstrating significant market potential.

Moreover, Kenya is distinguished by its high internet penetration rate of 40.8%, predominantly mobile, which enhances access to online gaming platforms. With an expected user base of 366.0k by 2028 and a robust projected ARPU of €312.60, the partnership strategically positions Expanse Studios to tap into this burgeoning market.

Kenya’s vibrant gambling market ranks third in Sub-Saharan Africa and is notable for its youthful demographic. Young Kenyans are increasingly engaged in online gambling, spending significantly more than their counterparts in other African nations.

 

Partnership Tailored for a Young, Tech-Savvy Audience

By aligning with Betika, Expanse Studios not only capitalizes on Kenya’s dynamic market conditions but also ensures that its innovative gaming solutions are ideally positioned to meet the demands of a diverse and growing player base. This strategic initiative underscores our commitment to expanding our global footprint while enhancing shareholder value through targeted market penetration and sustained growth in emerging iGaming landscapes.

 

About Betika

Betika is Kenya’s foremost sports betting platform and a Pan-African leader in gaming. It offers an extensive array of products, including sports betting, casino games, virtual games, and e-sports betting. Betika is committed to responsible gaming and aims to positively impact communities through technology and innovation and their vision is to be the leading Pan African sports betting and gaming brand.

 

About Expanse Studios

Founded in 2017, Expanse Studios is already a trailblazer in the online gaming industry. With a relentless focus on innovation, Expanse merges old-school motifs with state-of-the-art design in iGaming, captivating soundtracks, and immersive animations. The studio has developed an impressive array of more than 50 games, all tailored to offer a seamless mobile-first experience. Their strategic partnerships span across various operators and aggregators, making their games available in over 20 of the most widely spoken languages, catering to a diverse global audience. Expanse Studios is part of the Golden Matrix Group (Nasdaq: GMGI).

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