NEW YORK, NY -- 28th November 2023 -- InvestorsHub NewsWire
-- Dear Cashmere Holding Company (OTC:
DRCR) also known as Swifty Global (Swifty), is a cutting-edge
technology firm focused on creating ground-breaking solutions in
the sports betting and gaming sector. Swifty currently holds
licenses spanning several global jurisdictions with many more
licenses in process. Swifty currently operates its proprietary
swipe betting sports prediction application, as well as its
traditional sportsbook and casino gaming platforms in numerous
jurisdictions.
In a significant step forward, Swifty is proud to announce the
completion and approval of the Gaming Laboratories International
(GLI) certification for the company’s new innovative B2B gaming
platform which has now been certified in the UK and can also be
used for operators in Isle of Man, Gibraltar, Estonia and Malta.
The newly developed B2B platform sits at the center of the Swifty
Global scaling and growth strategy and will unlock a substantial
new revenue stream for the business.
‘‘Securing this endorsement from GLI effectively certifies our
B2B platform readiness for deployment across most European markets,
and with this in mind we anticipate a significant spike in revenue
over the coming months as we begin to roll out our new offering.
Conversations are already underway with several sportsbooks and
casinos, and we are confident that the first deal for this B2B
platform will close by year end,” commented James Gibbons, CEO of
Swifty Global.
In line with this, Swifty has recently completed the gap
analysis for the South African SANS 1718 standards. The minimal
changes requested by the gambling regulator once again highlights
the robust nature of the Swifty product offering. This positive
outcome has set the stage for the company to pursue official
certification, which Swifty will initiate within the next two
weeks. Once fully certified Swifty is set to officially launch its
offering into the $1.8 billion South African gambling sector.
In addition to market and product expansion, Swifty's relentless
focus on enhancing its current offerings continues with the launch
of its second major release of its platform, packed with a suite of
innovative updates. This includes AI-powered multilingual support,
enhancing global user accessibility, and affiliate management
integration to open new marketing channels through sites like
gambling.com. The release also introduces a dynamic modular
interface for creating personalized user pages with various
components like sports and casino widgets, adaptable based on user
location. Significant enhancements also include a casino
aggregator, an improved reporting module, and an AI-driven bonus
rules engine, all aimed at elevating user engagement.
‘‘These updates collectively mark a major update to Swifty's
gaming offering, reflecting our commitment to continued innovation
and user-centric design. With AI-powered enhancements and a dynamic
modular interface, we're not just keeping pace with the industry –
we're setting a new benchmark for what a gaming platform can offer.
As we move towards the close of Q4, I am extremely confident about
what the future holds for Swifty Global. The convergence of our
technological advancements, new partnerships, and market expansion
is set to drive substantial growth into the new year, delivering
with it significant value for our loyal shareholders,” concluded
Gibbons.
For regular Swifty Global (DRCR) updates, you are invited you to
view the company’s website and/or to follow the company’s Twitter
and LinkedIn accounts:
Website: https://swifty.global
Swifty Gaming Website: https://www.swiftygaming.com
Twitter: https://twitter.com/SwiftyGlobal
LinkedIn: https://www.linkedin.com/company/swifty-global
Email: hello@swifty.global
Related links:
https://www.otcmarkets.com/stock/DRCR/profile
Source: DRCR
Forward-Looking Statement
Certain information set forth in this press release contains
"forward-looking information", including "future-oriented financial
information" and "financial outlook", under applicable securities
laws (collectively referred to herein as forward-looking
statements). Except for statements of historical fact, the
information contained herein constitutes forward-looking statements
and includes, but is not limited to, the (i) projected financial
performance of the Company; (ii) completion of, and the use of
proceeds from, the sale of the shares being offered hereunder;
(iii) the expected development of the Company's business, projects,
and joint ventures; (iv) execution of the Company's vision and
growth strategy, including with respect to future M&A activity
and global growth; (v) sources and availability of third-party
financing for the Company's projects; (vi) completion of the
Company's projects that are currently underway, in development or
otherwise under consideration; (vi) renewal of the Company's
current customer, supplier and other material agreements; and (vii)
future liquidity, working capital, and capital requirements.
Forward-looking statements are provided to allow potential
investors the opportunity to understand management's beliefs and
opinions in respect of the future so that they may use such beliefs
and opinions as one factor in evaluating an investment. These
statements are not guarantees of future performance and undue
reliance should not be placed on them. Such forward-looking
statements necessarily involve known and unknown risks and
uncertainties, which may cause actual performance and financial
results in future periods to differ materially from any projections
of future performance or result expressed or implied by such
forward-looking statements. Although forward-looking statements
contained in this presentation are based upon what management of
the Company believes are reasonable assumptions, there can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. The Company
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change
except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking
statements. The Securities and Exchange Commission ("SEC") has
provided guidance to issuers regarding the use of social media to
disclose material non-public information. In this regard, investors
and others should note that we announce material financial
information via official Press Releases, in addition to SEC
filings, press releases, Questions & Answers sessions, public
conference calls and webcasts also may take time from time to time.
We use these channels as well as social media to communicate with
the public about our company, our services, and other issues. It is
possible that the information we post on social media could be
deemed to be material information. Therefore, in light of the SEC's
guidance, we encourage investors, the media, and others interested
in our company to review the information we post on the following
social & media channels: Website: https://swifty.global, Twitter: https://twitter.com/SwiftyGlobal.
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