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Swifty Global Gets Swifty Gaming Off to a Flying Start and Updates its Annual Revenue Target



Swifty Global's New Innovative B2B Gaming Platform Undergoes GLI Certification


Dear Cashmere Holding Company (OTC: DRCR), known as Swifty Global (Swifty), is a technology company focused on creating groundbreaking solutions in the Fintech and Sports Betting Sectors. The company has already developed and launched two disruptive mobile applications (apps) for sports predictions in the United Kingdom (UK) and a global digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.

Swifty has successfully launched Swifty Gaming which has been well received by our growing international client base. We are now moving to expand our international markets and grow our client numbers exponentially. During the month of September, Swifty Gaming generated $3.5 million revenue; this is a small percentage of our current network client database. Swifty forecasts to double its monthly revenue to $7 million by December 2022. The onboarding process is labour intensive, but we are expanding the team and are onboarding as many users as quickly as possible. Under the company’s highly regulated gambling licenses, the onboarding of these clients involves KYC (Know Your Customer) and AML (Anti Money Laundering) verification before verifying and setting up their accounts.

Following a stronger than anticipated uptake and the bullish outlook of its client base, in conjunction with upcoming major sporting events such as Cricket World Cup and FIFA World Cup (Soccer), the company has updated its short- and medium-term outlook. Swifty anticipates delivering an annual revenue run rate of $75 to $100 million and in the medium- to long-term; the company anticipates reaching a billion dollars in annual revenue within the next few years through both organic and acquisition growth.

Swifty primarily develops its own certified software in-house and other than the live sporting data feeds, the company relies on very little software development outsourcing. Therefore, management believes that the company can operate at a significantly leaner cost base than the market average. This presents the opportunity for Swifty to invest heavily in marketing of its Swifty Predictions betting application (swipe based) over the next 12 months given that Swifty’s Gaming division is generating exceptional revenue off the back of an extremely lean cost base.

Having nearly completed its soft launch of Swifty Predictions, a swipe based low value high frequency sports betting application in the UK market, the company has also developed Artificial Intelligence (AI) capability which helps deliver the events a user may want to participate in and presents a series of targeted betting cards to the user. Offering betting in all major sports and competitions, the user can swipe right in order to place a bet in a matter of seconds or swipe left to skip to the next bet. Betting amounts are controlled by the user but are typically between $1 and $10. This means users can merely view a betting card and decide if they want to place the bet on a particular outcome or event.

Swifty is preparing for its global roll out of the Swifty Predictions app, with an aggressive rollout in the UK commencing from the beginning of October. This will be followed by a global rollout plan in 2023. Swifty’s growth strategy is highly scalable in a relatively short period of time, with the Swifty Predictions app expanding horizontally through a wide spectrum of individual users across a large geographic area giving them high frequency, low risk betting access to a wide range of popular sports. In contrast, the Swifty Gaming business is very niche, growing vertically with a more select international clientele. The Swifty Gaming business is bolstered by a highly experienced gambling team with more than 150 years combined experience.

The unique offering of the Swifty Predictions app and its proprietary technology could alone achieve a commercial valuation of several hundred million dollars in the near future and potentially over a billion dollars within three to five years.

Swifty Global CEO, James Gibbons, commented: “The company is now perfectly placed for its expansive growth plans, with a strong, highly experienced team and revolutionary certified software. Added to this, we are also excited about the upcoming submittal of our documentation in order to become fully reporting and to change our ticker and company name change from Dear Cashmere in the coming month.”

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United States Debut for Evolution’s Crazy Coin Flip and Super Sic Bo




United States debut for Evolution’s Crazy Coin Flip, a unique slot game with live bonus round, and Super Sic Bo, a super-engaging live version of the ancient dice game

Evolution AB (Evolution) today announced the launch of its highly anticipated Crazy Coin Flip live slot and the coming soon launch of Super Sic Bo in the United States. Crazy Coin Flip is now streaming live to players in New Jersey from the company’s live casino studio in Atlantic City and Super Sic Bo will go live on December 7, streaming live to players in Pennsylvania and West Virginia.

Crazy Coin Flip combines the best of RNG slots and live casino into an exciting and memorable experience for the player. The game features three engaging and entertaining phases; a qualifying slot, an against-the-clock top-up slot and, finally, the live Coin Flip bonus round. This final live round offers all the excitement and suspense of a classic game show as multipliers are accumulated and the coin is flipped to determine whether the winning side is red or blue.

The Crazy Coin Flip launch marks the United States debut of this one-of-a-kind live slot, which has proven to be popular with online players from around the world.

In the hugely popular Super Sic Bo, just as in the original dice game, players bet on the outcome of a three standard-dice shake. To add an exciting twist, random multipliers of up to 1,000x are applied to a number of bet spots, giving the potential for large multiplied payouts.

“Evolution revolutionized the live casino market worldwide by creating the live game shows category with Dream Catcher in 2017 and following it up with many more innovative and entertaining game show titles over the years,” the North America Chief Executive Officer for Evolution, Jacob Claesson, said. “Crazy Coin Flip is a unique first; an innovative live slot game that builds in the live game show experience and we are so excited to bring it to our United States audience for the first time.

“What’s more, the addition of Super Sic Bo greatly enhances the diversity of our unrivalled product portfolio in the United States. The simplicity of the gameplay combined with the engaging use of multipliers creates an authentic game, appealing to a wide range of players.”

Crazy Coin Flip launched with multiple operators in New Jersey on December 4 and Super Sic Bo is due to launch in Pennsylvania and West Virginia on December 7. Both games are due to go live in additional states during 2024.

For trade press and media enquiries, please contact: Daniel Tweedie, Head of Marketing, at Press@ Evolution .com.

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Compliance Updates

GLI Named Approved Data Standards Auditing Body by IBIA




Gaming Laboratories International (GLI) has been named an approved auditing body for International Betting Integrity Association’s (IBIA) Data Standards. Sports data providers wishing to be audited for the IBIA Data Standards and its kitemark will now be able to utilize GLI’s unparalleled expertise and global network of testing locations, streamlining the product auditing process and ensuring seamless compliance with IBIA standards.

This milestone underscores GLI’s commitment to excellence in gaming compliance and further solidifies its position as a trusted industry leader.

IBIA’s Data Standards process was launched in 2020. The association, which represents many of the leading regulated sports betting operators in the world, established the Standards in response to concerns about the adverse impact of the manipulation of data and the related corruption of betting markets. IBIA believes that the Data Standards are an effective means of protecting the integrity of sport, its data, betting markets generated by that data and consumers enjoying those products. Leading global data providers Stats Perform, Sportradar and GRID are all currently accredited.

IBIA CEO Khalid Ali said: “GLI is a globally recognized leader in its field, and IBIA welcomes the company’s desire to gain accreditation as an auditing body for the Data Standards. It recognizes the importance of the Data Standards and to maintaining the integrity of the processes underpinning the creation of the sports betting market. We look forward to working with GLI, which becomes one of only two companies that are accredited to provide auditing services for the IBIA Data Standards.”

Joseph Bunevith, VP of Government and Regulatory Affairs at GLI, said: “We are grateful for the opportunity to embark on this promising partnership, and we are thankful to IBIA for placing their trust and confidence in GLI. GLI’s testing, auditing, and depth of knowledge in sports betting is second to none, and we expect this relationship to foster great outcomes for the global sports betting industry.”

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Gambling in the USA

Playtech Opens the Eagerly Awaited Third State-of-the-Art Live Casino Facility in Pennsylvania




Playtech has opened its third and latest state-of-the-art Live Studio in the US. The highly anticipated studio, which officially soft launched on November 28, will soon continue to run operations 24/7, marking a significant milestone for Playtech Live as it conquers its third US state, completing the tri-state iGaming project.

Located in Pennsylvania, the new Live Studio offers an exceptional Live Casino experience, allowing players to indulge in the thrill and excitement of VIP Blackjack and Roulette games. With an unwavering commitment to delivering unmatched gambling opportunities, Playtech Live has exciting plans to expand its game offerings to further cater to the diverse preferences and interests of esteemed players in the near future.

The launch of the long-awaited Pennsylvania Live Studio continues to showcase the Playtech Live team’s dedication to innovation and its belief in creating dynamic, immersive, and state-of-the-art online casino experiences. This studio is a testament to Playtech’s commitment to driving the evolution of the iGaming industry by bringing cutting-edge technology and highly engaging content to players worldwide.

As a leader in the Live Casino market, the Playtech Live team has taken great pride in expanding its footprint within the US, solidifying its presence in three key states for iGaming. The continuously growing team in the US is consistently delivering these key milestones and the newly opened Pennsylvania Live Studio is a testament to Playtech’s position as the go-to provider for Live Casino solutions further strengthening its partnerships with leading online operators across the US.

Edo Haitin, CEO of Playtech Live, said: “I am very proud of this significant achievement for Playtech Live as we open our Pennsylvania Live Studio. This achievement is a testament to the outstanding dedication and expertise of our team, as well as our commitment to delivering exceptional Live Casino experiences to players worldwide. We are thrilled to complete the tri-state iGaming expansion and conquer yet another key territory. The launch of our state-of-the-art studio represents an exciting new chapter in our growth, showcasing our commitment to driving innovation within the industry with our dedicated focus on crafting customised gameplay experiences for the American market. We remain committed to delivering players of Pennsylvania an extraordinary online gaming experience.”

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