Reading Time: 2 minutes
SOFTSWISS is a leading supplier of software for the iGaming sector. It announces that it has successfully achieved certification in South Africa. The company obtained a Letter of Certification from the National Regulator for Compulsory Specifications for its Casino Platform and Sportsbook. It is now certified as a B2B manufacturer in South Africa.
Turfsport was the first to obtain this licence, a South African software provider with over 35 years’ experience in the industry. SOFTSWISS acquired a stake in Turfsport earlier this year to align their product portfolios. This certification allows SOFTSWISS to expand its product offerings on the rapidly growing South African market.
Vitali Matsukevich is Chief Operating Officer of SOFTSWISS and he says: “South Africa will become one of SOFTSWISS’s key markets in the next few years. It is a market with immense potential due to the increasing internet penetration and lower mobile internet costs. The local audience also shows a high interest in gambling which supports our decision.
Sports betting is the most popular form of gambling in South Africa. People bet on sports on average 12 times per month, according to an InfoQuest study. The weekend is the most popular time for casino gambling and horse racing, but online betting and lottery betting can be done throughout the week due to their accessibility. The survey also revealed that the average South African gambler plays three different forms of gambling at least once a month. This highlights the importance of gambling to South African society.
Recently published SOFTSWISS South African Market Review highlights an increasing interest in esports, especially among younger and tech-savvy demographics. Statista reported that 51% South Africans surveyed were interested in esports gambling, while the National Gambling Board noted that 39% of respondents are inclined to fantasy sports betting. These trends are in line with global trends and indicate a promising future for this sector in the region.
The comprehensive SoFTSWISS South African Market Review , available free of charge, offers valuable insight into these emerging trends.
About SoftSWISS
SOFTSWISS, an international tech firm, provides software solutions to manage iGaming project. The team of experts, with over 2,000 members, is located in Malta, Poland, and Georgia. SOFTSWISS is a holder of a number gaming licenses, and offers iGaming solutions in a one-stop shop. The company offers a wide range of products, such as the Online Casino Platform with thousands casino games, Affilka Affiliate Platform, Sportsbook Platform and Jackpot Aggregator. SOFTSWISS introduced the first Bitcoin-optimized online casino solution in 2013.