SOFTSWISS, a leading technology company in the iGaming industry, said it has acquired a majority stake in South Africa\'s Turfsport, which provides multi-channel betting software for sports, horse racing and lotto. 에볼루션 바카라사이트
"The move is in line with SOFTSWISS\' goal of expanding its international presence," SOFTSWISS said in a press release on Wednesday. The company did not disclose details of the transaction.
SOFTSWISS said the acquisition of Turfsport aims to "strengthen the SOFTSWISS product portfolio while also "meeting regional needs."
Turfsport describes itself as South Africa\'s "market leader" on its website, with "more than 100 installations locally" and "more than 40 deployments in Africa, Latin America and other emerging markets."
The total number of bets placed "by all Turf Sports customers across various platforms" exceeds 1.5 billion per year, according to Wednesday\'s announcement.
The report quoted SOFTSWISS co-CEO Andrei Starovitov as saying that "acquiring a successful local company is one of the fastest and most efficient ways to enter new markets."
He added, "With this agreement, SOFTSWISS has made significant progress in its extensive expansion into South Africa and the African continent. I believe this region is the next focus globally, after Latin America."
Christian Neuberger, CEO of Turfsport, said in his prepared remarks that his company is looking for an international partner to complement its "strong brand" in South Africa. This is "to provide more innovation and to respond faster to the growing demands of the iGaming industry," said Norberger.
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