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Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting
Dear Cashmere Holding Company (OTC: DRCR) also known as Swifty Global (Swifty), is a cutting-edge technology firm focused on creating ground-breaking solutions in the sports betting sector. Swifty aims to drive shareholder value through accelerated innovation and enhanced usability of the products the company develops. With licenses spanning several global jurisdictions, Swifty has successfully brought to market a revolutionary suite of offerings. This includes the company’s proprietary swipe betting sports prediction application, as well as its traditional sportsbook and casino gaming platforms.
Swifty Global is pleased to announce the completion and publication of the company’s quarterly disclosure, now available on the OTC Market website. For the second quarter of 2024, compared to the same period in 2023, the company reported a robust financial performance with the following key highlights:
- Cash on Hand: Increased by approximately 37%.
- Total Assets: Increased by $2.1 million, representing a growth of approximately 35%.
- Liabilities: Reduced by $1.1 million, a decrease of approximately 35%.
While revenue and net income were slightly reduced compared to Q2 2023, this outcome was the result of the company’s contunued efforts to conservatively manage its risk profile by limiting exposure to larger players utilizing the Swifty platform, which in turn impacted the company’s revenue and net income. Despite this, the company’s strategic focus on long-term stability and growth has paid off. The impressive results from the second quarter have led to a significant increase in shareholders’ equity, reaching $5.9 million. This achievement is a critical milestone, meeting the listing requirements for major exchanges and providing Swifty with a solid foundation for its planned transition to a major national exchange.
Throughout this quarterly period, the company has been highly focused on preparation for its uplisting to a national exchange, with a strong emphasis on balance sheet strength and risk reduction. By maintaining a disciplined approach and concentrating on building value, Swifty Global has prioritized financial stability by growing cautiously out of its own cash flow, avoiding debt, and minimizing dilution. This strategy has positioned the company extremely well for its next phase of growth and its planned transition to a major national exchange. This focus will continue into Q3 and Q4, with Swifty aggressively pursuing the uplisting process and aiming to be fully operational on a major exchange by Q4, 2024.
“We take great pride in what we have achieved at Swifty and the strong financial health we’ve maintained across the company as we release our Q2 2024 quarterly results. Our performance in Q2 is a testament to the disciplined approach we’ve taken to build long-term value,” said James Gibbons, CEO of Swifty Global. “We’ve focused on fortifying our balance sheet and reducing risk, which has positioned us well for the next phase of our growth as we move toward listing on a major exchange. As we continue to execute our strategy, we remain committed to sustainable growth, leveraging our solid financial foundation to pursue new opportunities, expand our market reach, and deliver increased value to our shareholders.’’
During this period, Swifty successfully obtained and was officially granted its gambling license for South Africa by the National Gambling Board. This license, along with the Irish license obtained in Q1 of this year, has positioned the company in a very strong position to grow and scale its product offering into new territories. After investing considerable time, effort, and resources in securing these licenses, the company is now poised to aggressively execute its scaling and growth strategy by expanding its market reach and operational capabilities into these markets, which have a combined gambling market valued at over $7.1 billion annually.
affiliate platform
Ihor Zarechnyi signs up to the Gamblers Connect Contributors Program
Gamblers Connect, the award‑winning iGaming media and affiliate platform, has welcomed Ihor Zarechnyi, CEO and Founder of NeverEnding, as the latest expert in its Gamblers Connect Contributors Program.
Zarechnyi becomes the second established industry professional to join this curated roster, which prioritizes experienced practitioners over guest bloggers and emphasizes real‑world insight from leaders with “skin in the game.”
As head of NeverEnding, a dynamic iGaming studio built to eliminate bureaucracy and drive innovation, Zarechnyi brings a performance‑driven approach, rooted in his “Games, Growth, and No Excuses” philosophy. In his new role as one of the program’s 12 contributors, he will offer behind‑the‑scenes perspectives on building a game studio from scratch and launching effective global content strategies based on his extensive executive experience.
Gamblers Connect’s Founder, Gjorgje Ristikj, highlighted Zarechnyi’s unique outlook on product development. Ristikj noted that Zarechnyi’s “B2B backed by B2C power” approach focuses on creating games that deliver genuine market traction and strong player engagement — a shift away from superficial visibility toward meaningful industry impact. This aligns with the platform’s goal of delivering high‑value educational content on game mechanics, technological stability, and real operational challenges.
The post Ihor Zarechnyi signs up to the Gamblers Connect Contributors Program appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Brazilian Carnival
Esportes da Sorte transforms Carnival 2026 into a nationwide immersive experience
Leading Brazilian iGaming company Esportes da Sorte has transformed Carnival 2026 into a nationwide immersive experience, activating urban art installations, hydration stations and large‑scale attractions across nine cities in Brazil. As part of its expanded cultural engagement strategy, the brand is serving as an official sponsor in key Carnival locations and delivering experiential initiatives designed for revelers in the streets and major public spaces.
Esportes da Sorte’s nationwide platform builds on its history of investing in popular culture and public events, moving beyond traditional branding to create meaningful on‑site activations that enhance the urban environment and respond to the unique character of each city’s Carnival celebrations.
In Rio de Janeiro, the company’s efforts focus on the street Carnival experience with hydration points, cool zones and shaded areas in high‑traffic celebration routes. São Paulo’s megabloc circuits feature water trucks, hydration stations and on‑site urban support.
In Recife Antigo, one of Carnival’s cultural centers, Esportes da Sorte installed a standout Ferris wheel at Marco Zero, offering panoramic views of the festivities and historic landscape. Urban transformations like video mapping on iconic buildings and aerial installations along Rua Marquês de Olinda further blend public space with the Carnival experience.
Other cities such as Olinda and Salvador also feature tailored activations, including sensory design, refreshment tunnels and themed artistic displays that align with local traditions and festival dynamics.
In addition to physical structures, the initiative includes a robust communications strategy, sensory activations, public well‑being supports and content campaigns that amplify the carnival‑street experience across digital and traditional media.
According to Germana Casal, Production Coordinator at the Esportes Gaming Brasil Group, the goal is to “be present in a meaningful way at the country’s biggest popular celebration,” respecting each city’s identity and delivering initiatives that improve the Carnival experience for participants.
Esportes da Sorte’s Carnival 2026 project builds on the brand’s presence at more than 100 Carnival parties and street blocos in 2025, reinforcing its leadership role in Brazil’s largest cultural event and deepening its connection with urban celebration culture nationwide.
The post Esportes da Sorte transforms Carnival 2026 into a nationwide immersive experience appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
chess esports
Team Vitality announces E.Leclerc as new Main Partner
Team Vitality, one of France’s leading esports organizations, has announced a strategic new partnership with French retail giant E.Leclerc, naming the supermarket chain as the club’s Main Partner for 2026.
Under the agreement, E.Leclerc’s logo will feature prominently on Team Vitality’s international team jerseys, including rosters for League of Legends (LEC and LFL), Valorant (VCT EMEA), Rocket League, Rising Bees and Chess.
Shared Values and Fan Initiatives
The partnership aims to promote accessibility, wellness, and nutrition within the esports community, while bringing gaming culture into E.Leclerc retail spaces through immersive experiences, tournaments and activations designed to engage fans across France.
Team Vitality’s holistic wellbeing program, KARE, which supports performance, nutrition and mental health, aligns closely with E.Leclerc’s focus on responsible lifestyle initiatives. Together, they plan to champion inclusivity, provide unique gaming opportunities, and celebrate esports culture in both digital and physical environments.
With a global audience exceeding 10 million followers, Team Vitality’s influence in competitive gaming makes this partnership a landmark moment for both brands. E.Leclerc’s commitment to youth engagement and cultural connection positions the retailer as a significant non‑endemic supporter of the growing esports ecosystem.
Nicolas Maurer, CEO and Co‑Founder of Team Vitality, described the alliance as a historic milestone that will broaden esports’ reach across everyday life in France and reinforce its cultural legitimacy.
The post Team Vitality announces E.Leclerc as new Main Partner appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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