SOFTSWISS has secured a Letter of Certification (LoC) from the National Regulator for Compulsory Specifications (NRCS) for its Casino Platform and Sportsbook, now certified under the South African B2B manufacture licence.
The licence was initially obtained by Turfsport, a seasoned South African software supplier with 35 years of industry experience. Earlier this year, SOFTSWISS acquired a major stake in Turfsport, aligning their product portfolios.
Vitali Matsukevich, COO at SOFTSWISS, says: “South Africa will be one of the key markets for SOFTSWISS in the coming years. It has immense potential, driven by increasing internet penetration, lower mobile internet costs and affordable mobile devices.
“In addition, the local audience shows a strong interest in gambling, which further supports our decision to expand here.”
According to an InfoQuest survey, sports betting is the most common form of gambling in South Africa, with people placing bets on sports about 12 times a month on average. The survey also reveals that the average gambler engages in three different types of gambling, multiple times a month, underscoring the significant role of gambling in South African society.
The recently published SOFTSWISS South African Market Review highlights a growing interest in esports and fantasy sports, particularly among younger, tech-savvy demographics. This comprehensive market review offers valuable insights and is available for FREE from SOFTSWISS HERE
