SOFTSWISS, a main tech enterprise withinside the iGaming industry, acquires a majority stake in Turfsport, a main South African company of multichannel wagering software program for sports activities, horse racing, and lotto. This flow aligns with the SOFTSWISS intention of increasing its global presence.
For over 35 years, Turfsport has been presenting absolutely controlled quit-to-quit answers for on line, mobile, and retail operators. The general wide variety of bets positioned via way of means of all Turfsport customers throughout diverse systems exceeds 1.five billion annually. Currently, extra than forty operators in South Africa utilise Turfsport’s platform for horse racing, lotto, and sports activities betting.
Andrey Starovoitov, Co-CEO at SOFTSWISS, comments: “Acquiring a a success nearby enterprise is one of the quickest and maximum green methods to go into a brand new marketplace. I am thrilled to announce the final touch of this long-awaited deal. With this agreement, SOFTSWISS takes a extensive leap forward in its sizable enlargement into South Africa and the African continent. I trust this area is turning into the subsequent focal factor globally, following Latin America.
What’s even extra precious for us is that we now no longer handiest benefit marketplace presence however additionally get right of entry to technology advanced over the past 35 years via way of means of world-magnificence specialists. We stay up for improving our product portfolio and persevering with our dedication to supplying high-quit answers to our partners.”
Christian Neuberger, CEO at Turfsport, comments: “To offer extra innovation and react quicker to the developing needs of the iGaming industry, Turfsport turned into searching out an global accomplice that could supplement our sturdy emblem in South Africa, and we’re definitely extremely joyful to have determined the precise accomplice in SOFTSWISS and its dynamic and fast-developing crew.
Both organizations stay up for turning in modern product upgrades and services, giving our clients the aggressive area to develop and reach an more and more more dynamic marketplace. We are all clearly enthusiastic about the prevailing mixture of Turfsport’s nearby and SOFTSWISS’ global information and the potentialities for this duo withinside the South African and African markets.”
The strategic flow of the Turfsport acquisition ambitions to reinforce the SOFTSWISS product portfolio, catering to local needs. In addition, leveraging Turfsport’s brilliant recognition and visibility withinside the African marketplace, SOFTSWISS will give a boost to its nearby presence.
The SOFTSWISS crew is keen to percentage insights into the South African marketplace during ICE London 2024 at Stand N8-231.
About SOFTSWISS
SOFTSWISS is an global tech enterprise offering software program answers for handling iGaming projects. The professional crew, which counts over 1,seven hundred employees, is primarily based totally in Malta, Poland, and Georgia. SOFTSWISS holds some of gaming licences and offers one-stop-save iGaming software program answers. The enterprise has a big product portfolio, which includes the Online Casino Platform, the Game Aggregator with heaps of on line casino games, the Affilka associate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS turned into the primary withinside the world to introduce a Bitcoin-optimised on line on line casino solution.
About TurfSport
Founded in 1983, Turfsport is a main South African company of quit-to-quit answers for on line, mobile, and retail operators withinside the wagering industry. The enterprise, primarily based totally in Cape Town, South Africa, has a extensive product portfolio, which includes lotto, on line and land-primarily based totally sports activities betting, horse racing, stay games, and digital sports activities.