The cutting-edge technology firm that focuses on developing ground-breaking solutions powering the sports betting vertical, Swifty Global (Swifty), announced it started the certification process for its innovative and new business-to-business (B2B) gaming platform with the gaming sector's leading testing and certification company, Gaming Laboratories International (GLI). The company anticipates securing the certification and meeting the highest regulatory and industry standards. At the same time, this achievement is expected to reaffirm the quality of Swifty's leading products.
The new B2B gaming platform is central to the technology company's growth and expansion strategy. Thanks to this platform, Swifty plans to expand its presence exponentially while at the same time tapping into new revenue streams. According to the company, the platform will operate on a Software-as-a-Service (SaaS) basis, offering options for "combining a monthly subscription model with a revenue-sharing component and will enable Swifty clients to seamlessly integrate with the company’s state-of-the-art technology via a white-label solution," a statement reveals.
Besides the certification by GLI, Swifty confirmed it plans to secure a certification under the SANS 1718 standard for South Africa. This standard was developed by the gambling regulator in the country and is a mandatory step before the company can launch its innovative platform within the regulated market there. According to James Gibbons, Swifty's CEO, the company's team is currently focused on securing the certification in South Africa before the end of Q4 this year. "I am confident this will be achieved and once accomplished, it will mark the expansion of Swifty Global into the lucrative $1.8 billion South African gambling sector," he explained.
Additionally, Swifty's CEO, was excited about the initiated process for certification from GLI. Gibbons explained that this process marks the start of the certification but at the same time, underlines the growth of Swifty's B2B platform. He explained that the initiated process also represents a landmark moment for the growth of the company's platform and positions it well for further expansion.
"By securing the GLI endorsement, it will effectively certify our B2B platform readiness for deployment across the majority of European markets and with this in mind we have already taken proactive steps to comply with regulatory standards in key European markets in addition to Gibraltar, Isle of Man, and South Africa," explained Gibbons.
In the next six months, Swifty confirmed it plans to significantly boost the revenue it generates. According to the company, this growth will be achieved through a combination of expansion on an international level along with the introduction of innovative B2B solutions that are expected to drive growth.
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