Serbia license for Softswiss
Online casino and sports betting software developer Softswiss has announced that it will soon expand into another market after receiving a betting and casino gaming license from the Serbian authorities.
Established in 2009, the innovator used an official press release to detail that the ten-year authorization will allow it to offer its wide range of products and services, which encompass game aggregation and management technologies. affiliation, to companies wishing to take advantage of the iGaming Market. The company said the prize from the Gambling Administration branch of the Eastern European nation’s Ministry of Finance and Economy would further entitle it “to organize special games of chance by electronic means of communication ”.
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Softswiss explained that it was already cleared by regulators in a multitude of territories, including Curacao, Malta and Belgium and ended July by obtaining authorizations to operate in the countries of Greece and Nigeria. The developer went on to say that he has now become ‘the first company in Serbia authorized to operate exclusively online” and subsequently intends to collaborate with a local partner in order to launch its first iGaming brand for those in the nation of about seven million people.
Co-founded by Belarusian entrepreneur Ivan Montik, Softswiss later claimed that this currently unnamed iGaming joint venture for Serbia is’still in development‘but will be fully integrated at launch with a variety of’local payment methods‘as well as the Administration of Games of Chance’monitoring and information exchange system.
This is the last good news for Softswiss after signed an agreement late last month to add the Maltese licensed online casino to Dreamz.com to the club of sites using its iGaming platform, which is now able to additionally offer video slots from developers Booongo Entertainment BV and Spadegaming Malta Limited.
For his part, Montik used the press release to describe Softswiss’s entry into the Serbian iGaming market as “another important step towards strengthening and expansion‘its presence throughout Europe. He also disclosed that the new license was only granted after authorities had certified the competence and reliability of the company’s software platform.
Read a statement from Montik …
“This year is marked by several major milestones which has enabled Softswiss to gain a foothold in markets where we see great growth potential. In addition to Serbia, the brand has been successfully licensed in Nigeria and Greece, all of these milestones being part of a global development strategy aimed at expanding our presence in local markets.