Crypto betting software group SoftSwiss has announced that they've been granted a gaming license by the Games of Chance Administration in Serbia, which will provide them the opportunity to offer their products to operating sites in the country.
The licensing will be valid for ten years and comes after a state laboratory inspected SoftSwiss' software to make sure they were in compliance. The deal is substantial, as SoftSwiss has become the first online exclusive company to obtain a betting license through the country. All previous groups had some sort of connection with land-betting in some way.
This is the latest certification for SoftSwiss, as the company also recently obtained licenses in Greece and Nigeria.
Regarding the licensing SoftSwiss Founder Ivan Montik said, "Entering the Serbian market is another important step towards strengthening and expanding the SoftSwiss brand in Europe. We were the first to be licensed as a purely online operator rather than growing out of the classic land-based casino model.
"Having more than 10 years of experience in online entertainment, strong team, energy, drive and innovative approach in our DNA I can say that SoftSwiss will deliver the best online solutions for operators and players in the market. And given that Serbia, its history and national mentality have always been close to Belarusians, we are confident that the presence on the market will be easy and successful. This year is notable for several big milestones that allowed SoftSwiss to gain a foothold on local markets, where we see great potential for growth. In addition to Serbia, the brand was successfully licensed in Nigeria and Greece. All these milestones are a part of the company's global development strategy aimed at expanding the SoftSwiss brand's presence on local markets."
Right now SoftSwiss hasn't named who they'll be working with to provide games and services to in Serbia, but Casino Listings News is following the story and will update readers as appropriate.