Sports Betting
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market
Dear Cashmere Holding Company (OTC: DRCR), also known as Swifty Global (Swifty), is a cutting-edge technology firm focused on creating ground-breaking solutions in the sports betting sector. Swifty aims to drive shareholder value through accelerated innovation and enhanced usability of the products the company develops. With licenses spanning across UK, Ireland, South Africa and a pending license in Malta, Swifty has successfully brought to market a revolutionary suite of offerings.
Swifty Global is thrilled to announce the official launch of Swifty Sports IE, now fully available to users across Ireland as of November 12th, 2024. This milestone brings Swiftyâs state-of-the-art sportsbook and online casino services to the Irish market. Since the legalization of online sports betting in Ireland in 2015, the segment has rapidly expanded, becoming the dominant force in the country’s online gambling industry. Now accounting for 41% of the market, it stands as the most popular form of iGaming. Irish gamblers are among the biggest spenders in Europe, with the online gambling market projected to reach US$1.24 billion in 2024. This growth underscores the significance of the segment and its potential for continued expansion. The rapid rise of online sports betting has been driven by key factors, including improved internet connectivity, increased mobile usage, and the growing popularity of sports and eSports betting across Ireland.
âWeâre thrilled to bring Swifty Sports IE to Ireland, marking an important step in delivering an exceptional sports betting and casino experience for the region. Irelandâs dynamic market presents immense growth potential, and weâre excited to position Swifty Sports IE as a leader in this space. With access to hundreds of thousands of sporting events each month, our platform offers a premier experience tailored for the Irish users. Additionally, our ongoing merger with SGN will further strengthen our capabilities, fueling further innovation and value for our users and shareholders alike,â commented CEO, James Gibbons.
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Crypto Sportsbook, Sportsbet.io’s player wins huge $3.2m jackpot from $5 spin
A lucky Sportsbet.io player is celebrating the win of a lifetime after turning a single 5 USDT spin into a 3.2 million USDT jackpot on a popular slot game.
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Alex Haig, Director at Sportsbet.io, said: âAnother day, another multi-million dollar jackpot dropping on Sportsbet.io. Weâre quickly gaining a reputation for jackpot wins, and this latest player is truly living the dream by turning $5 into $3.2 million. With one of the best collections of premium games to choose from, it wonât be long before more life-changing jackpots are won on Sportsbet.io.â
It isnât the first time Sportsbet.io players have landed multi-million dollar paydays on the site.
Earlier this year one sports bettor landed $3 million on an ambitious, seven-way multibet.
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IBIA Upgrades Technology Platform to Strengthen Global Betting Integrity Efforts
The International Betting Integrity Association (IBIA) has today announced a significant upgrade to the technology platform that supports its global integrity monitoring network. This enhancement will provide IBIA and its growing membership with access to advanced tools designed to safeguard regulated betting markets, protect consumers, and maintain the integrity of sporting events around the world.
The technology upgrade, developed in partnership with Bluehouse Technology, has been specifically tailored to meet IBIAâs operational needs. It streamlines the process for identifying and reporting suspicious betting activity, enabling a faster and more efficient response to potential integrity threats. The platform upgrade is part of IBIA’s ongoing commitment to investing in technological resources to combat betting-related manipulation.
The new platform enhances the ability to monitor for suspicious activity, improve data analysis, and share actionable insights with key stakeholders. That includes access to specific monitoring and alert data streams for key stakeholders, such as gambling regulatory authorities, thereby significantly improving interaction and cooperation that supports important investigatory activity. This improved collaboration will play a pivotal role in supporting investigations and reinforcing trust in the integrity of global betting markets.
Khalid Ali, CEO at IBIA, said: “IBIAâs new integrity technology platform provides enhanced functionality and greatly improves our ability to analyse our membersâ customer account level data, which covers over $300bn in betting transactions annually, to identify and report suspicious betting activity. The upgrade allows us to provide a technological platform that keeps pace with the integrity requirements of our growing membership and the scope and scale of the market data we receive across our wider intelligence network. It will be a key pillar in our ongoing efforts to protect the integrity of sporting events and regulated sports betting markets globally.”
Sharmila Pillai, Director at Bluehouse Technology, said: “We are thrilled to have worked closely with IBIA to develop this new monitoring and alert platform. Our team worked hard to ensure the project was completed on time and within budget, and we are pleased that it has passed a rigorous independent security audit by a leading testing and certification company.”
IBIAâs global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets using transactional activity linked to individual customer accounts. The new platform provides a number of important technological advancements to assist that process, which have passed an independent security audit performed by Bulletproof, a Gaming Laboratories International (GLI) company.
The new platform launch comes shortly before the sports betting market opening in Brazil, which is forecast by H2 Gambling Capital to reach $34bn in sports betting turnover by 2028, with IBIA members representing over 70% of the marketâs gross gambling revenue. IBIA and the Brazilian Ministry of Finance have recently signed an integrity cooperation agreement that will allow for the sharing of information concerning suspicious betting activity connected to Brazilian sport.
Khalid Ali, CEO at IBIA, further commented: âThe upgrade of IBIAâs monitoring and alert platform is particularly timely given the imminent launch of regulated sports betting in Brazil. Weâre confident that this tool will provide best-in-class support for our new members and partners, including the Brazilian authorities and sporting bodies, to protect the market and sporting events.â
IBIAâs Q3 report detailed 42 alerts during the quarter. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023.
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DATA.BET Announces Strategic Partnership with Nubet
DATA.BET has announced a strategic partnership with Nubet. Through this partnership, Nubet will leverage DATA.BETâs Single Page Application with Data Feed that covers over 60 disciplines for both esports and classic sports. Advanced Risk Management that blends AI-driven analytics with expert oversight to optimise profitability while safeguarding against market volatility.
The company offers Nubet a fully customisable platform with greater flexibility and integration options. Optimised for SEO and supporting over 25 languages, it enables the betting brand to effectively reach diverse markets while providing a seamless, personalised experience that aligns with the specific needs of users from the North European region.
DATA.BET provides Nubet with an odds line built on official data that is expertly processed by its in-house trading team. This Data Feed offers unparalleled accuracy, with market delays reduced to as little as 1 second. Also, the partner will get a suite of interactive Widgets, such as Scoreboards and the Pitch Tracker, all supported by trusted data partners.
âWe look forward to partnering with our new client to boost revenue through our progressive technologies and dedicated team. This collaboration not only enhances the user experience in esports betting but also represents a strategic entry into an exceptionally promising region for us,â said Otto Bonning, Head of Sales at DATA.BET.
Niko Marttinen, Head of Trading, added: âWe are delighted to collaborate with DATA.BET, whose technology and industry expertise align perfectly with our mission to deliver exceptional value to our users. Partnering with us as a premium provider, powered by licensed content from DATA.BET, marks a transformative step forward for our company.â
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