SoftSwiss
SoftSwiss is a software development company that provides gaming software and payment processing solutions for online gambling operators. It also provides gaming operation services and licensing infrastructure. It maintains hundreds of online casinos, mostly through white label partners.[1][2][3][4][5][6]
The company was initially launched in 2008 to develop online auction software, but officially founded only in 2012.[7][8]
In the early 2010s, SoftSwiss has come under fire due to allegations of plagiarism by the Belarusian gambling company, VIADEN.[4]
Company Operations[edit]
As of January 2021, SoftSwiss consists of approximately 500 employees.[9]
The company was founded by Ivan Montik (current CEO) and Dmitry Yaikau in 2008, who are both from Belarus,[10] where SoftSwiss’ software is developed.[1][11] It is a registered brand and trademark of the SoftSwiss Group, which comprises multiple companies and brands operating in various locations.[12][13]
SoftSwiss transported over 100 employees from Belarus to the Ukraine in August 2020, following difficulties the company faced in light of the local political situation in Belarus.[14][1]
The trading company for SoftSwiss is the Cypriot company Direx Limited. The Curaçao-based company Direx N.V is the hundred percent shareholder in Direx Limited, and the most prominent entity of the SoftSwiss group.[15][16]
N1 Interactive is another trading corporation within SoftSwiss’ group of companies, through which SoftSwisss reportedly holds its Maltese gambling license.[17][18][19]
In February 2021, SoftSwiss received a licence for operating in Nigeria, focusing on sports betting.[20]
Software Features[edit]
SoftSwiss began providing cryptocurrency payment processing solutions in 2013, integrating them into SoftSwiss' and their clients’ casino websites.[4][21][22] Since then, the company has invested in cryptocurrency-based solutions, believing it will become the dominate payment method for iGaming in the next few years.[23][24][25] Currently, SoftSwiss supports payments in several coins, including bitcoin.[26][27]
In 2021, the company launched SoftSwiss Sportsbook Platform, a product that aims to combine between an online casino and a sportsbook.[28] In February 2021, Affilka, an affiliate marketing platform developed by SoftSwiss, announced the official launch of its new module designed specifically for sportsbooks.[29][30][31]
Controversies[edit]
SoftSwiss has come under fire due to allegations of plagiarism by the Belarusian gambling company, VIADEN. This was reportedly likely the result of multiple employees leaving VIADEN to join SoftSwiss in the early 2010s, including its lead designer.[4]
SoftSwiss claim to have introduced a “Provably Fair” verification feature into certain gambling games they provide.[32][33] However, there are indications that this assertion derives from certification issued by independent laboratories, iTechLabs and BMM Testlabs. SoftSwiss online casinos like Bitcoin Penguin, Bitcoincasino.us and 7bitcasino, all claim to be “Provably Fair.” These casinos only hold certifications from independent providers whose fairness is harder to verify.[34]
References[edit]
- ↑ 1.0 1.1 1.2 ""Можно забыть на полгода-год об инвестициях в Беларусь": айтишники о перспективах бизнеса в стране". Forbes.ru (in русский). Retrieved 2021-02-16.
- ↑ Miller, George (2020-10-09). "SoftSwiss integrates Mascot Gaming to its portfolio". European Gaming Industry News. Retrieved 2021-02-16.
- ↑ "Turnkey online casino software solution | SoftSwiss Software". SoftSwiss. Retrieved 2021-02-16.
- ↑ 4.0 4.1 4.2 4.3 Buterin, Vitalik. "Interview with Softswiss". bitcoinmagazine.com. Retrieved 2021-02-16.
- ↑ "ORYX Gaming and SoftSwiss Agree on Content Deal". BRAGG Gaming Group. Retrieved 2021-02-18.
- ↑ "ORYX Gaming and SoftSwiss agree on content deal". Bloomberg.com. 2020-11-19. Retrieved 2021-02-18.
- ↑ "ORYX Gaming and SoftSwiss Agree on Content Deal". BRAGG Gaming Group. Retrieved 2021-02-18.
- ↑ "About Us | SoftSwiss". 2020-12-21. Archived from the original on 2020-12-21. Retrieved 2021-02-16.
- ↑ "Are Online Casinos Missing Out By Not Offering Crypto Deposit Solutions? | SiGMA TV". YouTube. January 18, 2021. Unknown parameter
|url-status=ignored (help) - ↑ "Our Management Team | SoftSwiss Software". 2016-10-04. Archived from the original on 2016-10-04. Retrieved 2021-02-16.
- ↑ "About Us - SoftSwiss Software". 2016-02-04. Archived from the original on 2016-02-04. Retrieved 2021-02-16.
- ↑ "About Us | CryptoProcessing". cryptoprocessing.com. Retrieved 2021-02-16.
- ↑ "Online gambling license: list of countries where online casinos are legal". SoftSwiss. Retrieved 2021-02-16.
- ↑ ""В стране террор, люди боятся ехать в офис": зачем белорусские IT-предприниматели перевозят сотрудников в другие страны и сколько это стоит". Forbes.ru (in русский). Retrieved 2021-02-16.
- ↑ "Final Judgment: Tall Trade Ltd v Capital WW Investment Ltd (Eastern Caribbean Supreme Court - British Virgin Islands)" (PDF). February 2020. Unknown parameter
|url-status=ignored (help) - ↑ "Privacy Policy". SoftSwiss. Retrieved 2021-02-16.
- ↑ "SoftSwiss now offering Malta licensed White Label solutions". CalvinAyre.com. 2017-12-01. Retrieved 2021-02-16.
- ↑ photo">, <img src=https://www italia-news it/wp-content/uploads/2020/03/logo-italia-news-icon-300x300 jpg width=160 height=160 alt=Redazione class="avatar avatar-160 wp-user-avatar wp-user-avatar-160 alignnone (2020-12-11). "Goldbet mobile - recensione e valutazione". Italia News Ultime notizie (in italiano). Retrieved 2021-02-16.
- ↑ www.authorisation.mga.org.mt https://www.authorisation.mga.org.mt/verification.aspx?lang=EN&company=1f417374-7580-426d-8969-1f404fce41f8&details=1. Retrieved 2021-02-16. Missing or empty
|title=(help) - ↑ "SoftSwiss expands to the African continent". iGaming Business. Retrieved 2021-02-28.
- ↑ "Why Bitcoin's Gambling Boom is Only Just Getting Started". CoinDesk. 2014-09-02. Retrieved 2021-02-16.
- ↑ "Bitcoin casino software | Buy bitcoin gambling script". SoftSwiss. Retrieved 2021-02-16.
- ↑ "Ivan Montik, founder and leader of SoftSwiss Group will speak at Bitcoin Conference Prague | Moscow Blockchain Conference". Blockchain & Bitcoin Conference Moscow 2021. Retrieved 2021-02-28.
- ↑ Editor, Features (2021-02-26). "Cryptocurrencies to become dominate payment method". AffiliateINSIDER. Retrieved 2021-03-04.
- ↑ Eastman, Caroline (2021-03-02). "Bitcoin Gambling Is On The Rise – Here's Why". Geek Vibes Nation. Retrieved 2021-03-04.
- ↑ "Cryptocurrency increase in 2020 says SoftSwiss". InterGame: iGaming, Casino & Coin-Op News. 2021-02-25. Retrieved 2021-02-28. Unknown parameter
|url-status=ignored (help) - ↑ "Cryptocurrency gambling traffic saw threefold increase in 2020, says SoftSwiss". iGaming Business. Retrieved 2021-02-28.
- ↑ "iNTERGAMINGi for the online gaming industry". edition.pagesuite-professional.co.uk. Retrieved 2021-02-18.
- ↑ "Affilka by SoftSwiss launches new module for sportsbook". European Gaming Industry News. 2021-02-26. Retrieved 2021-02-28.
- ↑ "SoftSwiss Announces Sports Betting Expansion with Affilka". Casino News Daily. 2021-02-26. Retrieved 2021-02-28.
- ↑ "SoftSwiss affiliate platform Affilka expands to sports betting". iGaming Business. 2021-02-25. Retrieved 2021-02-28.
- ↑ "BGAMING | SoftSwiss Game Aggregator, a unified API for casino content integration | SoftSwiss Software". SoftSwiss. Retrieved 2021-02-16.
- ↑ Hill, Elliot (2020-05-19). "Bitstarz Casino Review [2020 Guide] - Scam Or Legit?". Blokt - Privacy, Tech, Bitcoin, Blockchain & Cryptocurrency. Retrieved 2021-02-16.
- ↑ Scott. "Bitcoin Casinos With Provably Fair Systems | What is it all about?". Bitcoin Gambling Reviews. Retrieved 2021-02-16.
External link[edit]
- Official website: https://www.softswiss.com/
This article "SoftSwiss" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:SoftSwiss. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
