Compliance Updates

Swifty Global (Dear Cashmere Holding Company), Confirms the Award of its UK Gambling License

Published

4 years ago

April 1, 2022

Reading Time: 3 minutes

Dear Cashmere Holding Company, known as Swifty Global (Swifty), is a technology company focused on creating ground-breaking solutions in the Financial and Sports Betting Sectors. The company has developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.

Following its award of the Curacao license in November 2021, Swifty is now pleased to announce that it has successfully obtained its UK gambling license. The coveted UK license is the “Gold Standard” and one of the most difficult gambling licenses in the world to obtain. Its award now allows Swifty to upload its eagerly anticipated Swifty Predictions application to the UK Apple and Android stores, allowing users in the UK to download the app and register their account. In addition, Swifty has completed their 3^rdparty security audit and is now adding the relevant payment providers. This couldn’t take place until the UK license was approved. Once the payment gateway is live, the software will be submitted for certification which, once obtained, will be made available in the licensed regions. Swifty’s in-house development team are working overtime to ensure that the product goes live as quickly as possible. The commercial team is simultaneously working on obtaining several further gambling licences, including for certain states in the USA.

To grow its user base in the licensed regions, Swifty is preparing to roll out its aggressive marketing plan, with the initial focus being to capture as many users as quickly as possible. From this point, the highly interactive Swifty predictions app brings a new form of engaged betting to users which Swifty is confident will stimulate a substantial amount of viral marketing.

After the successful “soft launch” of its Digital Wallet during the month of March, where several thousand users downloaded and used Swifty’s pre-configured digital currency wallet, the official launch of both the Swifty Wallet and Swifty Predictions app will take place in May. The official launch functions are expected to encompass several celebrity endorsements.

The Swifty Wallet will offer a referral scheme within the wallet itself. This will allow users to refer the app to other users, thereby earning credits which will be cashed in against the Swifty Token. The Swifty Token is scheduled to be launched once Swifty’s user base has reached a critical mass. The company anticipates this being in Autumn 2022. Referral vouchers will also double up to enter referrers into weekly prize draws.

Swifty will aggressively target the UK market to rapidly gain a lucrative share of the existing market whilst also creating a new category of gambling with its proprietary “swipe” technology for micro betting. This will create a new market of users who enjoy a more social, fun, and engaging form of gambling. According to the UK Gambling Commissioner, the UK’s online sports betting and casino gambling market was worth 6.9 billion pounds between March 2020 and April 2021. This was up 18.4% from the previous year. Despite the size of the UK market, there are only 287 companies that have a remote betting operating license and 469 companies that have a gambling software development license in the UK.

Swifty Global CEO, James Gibbons, commented, “We are ecstatic to have finally obtained this license following months of processes to demonstrate our compliance. We were always confident of obtaining the license since, in addition to our compliance, our technology, AML, and KYC capability is both next generation and world leading. However, it is a process that we had to go through, and we are very pleased to now finally be in the game within one of the world’s most active and lucrative gambling markets. We are excited to launch the Swifty Predictions app, especially since it’s within a few weeks of the successful launch of our Swifty Wallet. I am extremely proud of what we have accomplished and incredibly optimistic about our next quarter of business and beyond.”

AGLC

Continent 8 set to back Alberta’s iGaming operators and suppliers

Published

5 hours ago

February 10, 2026

Wladimir P.

continent-8-set-to-back-alberta’s-igaming-operators-and-suppliers

Continent 8 Technologies, a premier provider of advanced managed IT solutions tailored for the worldwide iGaming and online sports betting sector, announces its official launch in Alberta, Canada. This growth comes after the province unveiled its competitive iGaming regulatory framework and the Alberta Gaming, Liquor and Cannabis Commission (AGLC) issued comprehensive hosting and security requirements, representing another important milestone in Continent 8’s enduring dedication to the North American market.

With established operations in Ontario – where the company effectively introduced its Public Cloud solution in Toronto in direct response to the province’s launch of its iGaming market in 2022 – Continent 8 brings to Alberta the same level of regulatory insight, technical expertise, and customer-focused innovation that has positioned it as a reliable partner throughout Canada.

Alberta’s iGaming regulations outline specific hosting and data management responsibilities for suppliers and operators. For instance, every data centre utilized by licensees must obtain AGLC approval, which includes data residency, cross-border transfers, and encryption key management.

The province requires fully operational disaster recovery infrastructure and unalterable, encrypted backups, along with stringent conditions for quarterly testing and offsite storage—fields where Continent 8’s expertise offers instant benefits.

Besides hosting requirements, Alberta implements some of the most thorough security standards in the nation, such as mandatory MFA, compliance with SOC 2 and ISO 27001, yearly penetration testing, and extensive log retention mandates.

“Our heritage means we understand the rigorous regulatory expectations, and the operational challenges operators and suppliers face when entering new markets,” said Michael Tobin, CEO and Founder of Continent 8 Technologies. “Alberta’s standards are comprehensive, particularly around disaster recovery, backups, and security. We have built our solutions so customers can meet these requirements confidently from day one. We are excited to support customers as Alberta opens its market and continues Canada’s growth story.”

The post Continent 8 set to back Alberta’s iGaming operators and suppliers appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Alberta

Continent 8 ready to support iGaming operators and suppliers in Alberta

Published

5 hours ago

February 10, 2026

GamingAmericas.com

continent-8-ready-to-support-igaming-operators-and-suppliers-in-alberta

Continent 8 Technologies, a leading provider of cutting-edge managed IT solutions designed for the global iGaming and online sports betting industry, announces that it is officially open for business in Alberta, Canada. This expansion follows the province’s release of its competitive iGaming regulatory framework and the publication of detailed hosting and security requirements by the Alberta Gaming, Liquor and Cannabis Commission (AGLC), marking another significant milestone in Continent 8’s long-standing commitment to serving the North American market.

With proven operations in Ontario – where the company successfully launched its Public Cloud solution in Toronto in direct response to the province’s opening of its iGaming market in 2022 – Continent 8 brings to Alberta the same depth of regulatory understanding, technical capability, and customer-driven innovation that has established it as a trusted partner across Canada.

Alberta’s iGaming framework sets out detailed hosting and data governance obligations for operators and suppliers. For example, all data centres used by licensees must receive AGLC approval, covering data residency, cross-border transfers, and encryption key controls.

The province also mandates fully functional disaster recovery infrastructure and immutable, encrypted backups, with strict requirements for quarterly testing and offsite storage – areas where Continent 8’s experience provides immediate value.

In addition to hosting requirements, Alberta introduces some of the most comprehensive security requirements in the country, including mandatory MFA, SOC 2 and ISO 27001 compliance, annual penetration testing and extensive log retention requirements.

“Our heritage means we understand the rigorous regulatory expectations, and the operational challenges operators and suppliers face when entering new markets,” said Michael Tobin, CEO and Founder of Continent 8 Technologies. “Alberta’s standards are comprehensive, particularly around disaster recovery, backups, and security. We have built our solutions so customers can meet these requirements confidently from day one. We are excited to support customers as Alberta opens its market and continues Canada’s growth story.”

Continent 8’s network now spans every major regulated province or state in North America, supported by facilities across more than 100 locations globally. Customers benefit from end-to-end services including managed hosting, cloud, connectivity, and cybersecurity, all engineered for regulated industries.

The post Continent 8 ready to support iGaming operators and suppliers in Alberta appeared first on Americas iGaming & Sports Betting News.

Compliance Updates

IBIA Publishes 2025 Sports Betting Integrity Report

Published

6 hours ago

February 10, 2026

Wladimir P.

ibia-publishes-2025-sports-betting-integrity-report

The International Betting Integrity Association (IBIA) has published its 2025 Sports Betting Integrity Report. The report reveals that 300 suspicious betting alerts were reported to the relevant authorities during the year. This represents an increase of 29% on the 232 alerts reported in 2024 and reflects IBIA’s expanding global monitoring coverage and enhanced analytical capability.

Key findings from the 2025 report include:

•300 suspicious betting alerts were reported across 16 sports.

•Football (110) and tennis (74) remained the most reported sports.

•Alerts were detected across all major regions, with Europe accounting for the largest share (35%), alongside increased activity in North and South America.

•Operator intelligence from IBIA’s members contributed to 54 matches being proven corrupted.

Through its Global Monitoring & Alert Platform (Global MAP), the association monitors over 1.5 million matches across more than 80 sports, generating over US$300bn in sports betting turnover per annum. IBIA data again played a crucial role in supporting sporting and law-enforcement investigations. Sanctions announced in 2025 involving IBIA data included 54 matches proven to have been corrupted, with sanctions subsequently imposed on 24 players, teams and officials across five sports.

Khalid Ali, CEO of IBIA, said: “Our 2025 data highlights a familiar integrity risk pattern, with football and tennis continuing to account for most suspicious betting activity. At the same time, the greater scale and reach of our Global Monitoring & Alert Platform means our ability to detect, assess and support investigations across markets and sports has increased. This is driven by operator intelligence generated by our membership and their continued commitment to identifying, disrupting and preventing betting-related corruption through collective action and information-sharing with our partners.

The 2025 report includes a dedicated Africa Focus, which highlights that IBIA reported 117 alerts on African sporting events during 2021-25. H2 Gambling Capital forecasts that Africa’s total betting gross gambling revenue (GGR) will grow from US$3.5bn in 2021 to US$19.4bn by 2030. As regulated betting markets continue to develop across the African continent, IBIA views early engagement, data-driven monitoring and collaboration with regulators and sports bodies as essential to safeguarding sporting and betting market integrity.

The post IBIA Publishes 2025 Sports Betting Integrity Report appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.