SOFTSWISS Introduces Cutting-edge Retail Betting Solution with Turfsport Alliance
SOFTSWISS, a well-established player in the iGaming sector with over 15 years of expertise, has unveiled its ground-breaking Retail Betting Solution. This venture has been realized through the acquisition of a majority interest in South African software company Turfsport. The new solution encompasses a comprehensive range of betting activities, spanning sports betting, horse racing, lotteries, and casino games. This offers operators the capability to quickly and legally establish offline gambling operations.
The launch of SOFTSWISS's new solution is particularly timely, as it aligns with the lotteries and global sports betting market's recovery. The land-based gambling sector, severely affected by the pandemic, is showing signs of revival. Despite a five-year revenue decline resulting in an anticipated EUR 219 billion for 2024, the current year has seen a 0.4% market growth and an increase in profit margins to 14.1%, indicating a robust recovery.
Max Trafimovich, Chief Commercial Officer at SOFTSWISS, emphasized the significance of this new offering: "The Retail Betting Solution reflects our strong dedication to innovation and industry leadership. After acquiring the majority stake in Turfsport, we conducted a thorough audit of the solution to ensure it will not only continue to thrive in South Africa but also make a significant impact beyond the country. This is not just another sports betting solution – it is a comprehensive platform that enhances the entire gambling experience, from lotteries to the most popular casino games, keeping pace with market trends and player expectations."
Advanced Features Designed for Operator Success
The collaboration between SOFTSWISS and Turfsport has led to the integration of several advanced features within the Retail Betting Solution, addressing the dynamic requirements of operators. The platform effectively merges retail and online platforms, allowing players to effortlessly manage their accounts across multiple channels. This integration highlights SOFTSWISS's commitment to crafting a comprehensive iGaming ecosystem.
A notable attribute of the solution is its real-time risk monitoring and custom reporting capabilities, providing operators with actionable insights for making informed decisions. The platform supports various configurations to accommodate different shop setups, ensuring flexibility and adaptability. Other significant features include comprehensive cash management with daily profit tracking and pre-match and live event feeds from numerous providers.
Designed to cater to a wide array of player preferences, the SOFTSWISS Retail Betting Solution presents a diverse selection of betting options. Dedicated kiosks within betting shops offer access to an extensive array of casino games. These kiosks host RNG-based and live games from renowned providers like Betgames, Evolution, Ezugi, Habanero, Nolimit City, Pragmatic Play, Spribe, and Spinmatic, ensuring a rich gaming experience. Furthermore, the platform supports betting on an array of sports and social events, including horse racing, complete with comprehensive event and odds data from leading sources.
Additionally, the newly launched SOFTSWISS Lotto Software enables betting on outcomes from over 300 international lotteries, affording operators the flexibility to create custom lottery events for exclusive betting experiences.
Showcase at SBC Summit Lisbon
SOFTSWISS is poised to participate in the upcoming SBC Summit Lisbon, scheduled from September 24 to 26. At stand B-160, the company will showcase the newly launched SOFTSWISS Lotto Software and the SOFTSWISS Retail Betting Solution to summit attendees, emphasizing the company's latest innovations in the iGaming domain. The SBC Summit Lisbon serves as a prime venue for industry leaders, companies, and stakeholders to network and explore the latest trends and technological advancements. The presentation of SOFTSWISS's new solutions highlights the company’s role as a significant contributor to the evolution of the iGaming sector.
Source:
''SOFTSWISS Unveils Retail Betting Solution'' Press Release. August 28, 2024.
