Curated News
By: NewsRamp Editorial Staff
September 19, 2024
Swifty Global to be Acquired by Signing Day Sports in Strategic Acquisition
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- Swifty's acquisition by Signing Day Sports provides access to growth capital, accelerating its expansion and profitability.
- Swifty, a technology company in online sports betting, will be acquired by Signing Day Sports to scale its business.
- The acquisition of Swifty by Signing Day Sports aims to drive profitable growth and make a better, more profitable world.
- Swifty, a rapidly expanding technology company, will triple its profits by focusing on licensing its gaming software to online gaming operators.
Impact - Why it Matters
This news matters as it signifies a major strategic move in the online sports betting and casino sector. The acquisition will provide Swifty with access to growth capital and enable accelerated expansion, ultimately impacting the company's profitability and market presence. It also reflects the growing trend of technology companies in the sports sector seeking strategic partnerships for global growth and monetization.
Summary
Swifty Global, a technology company in the online sports betting and casino sector, has signed a binding Letter of Intent to be acquired by Signing Day Sports. This strategic acquisition will allow Swifty to transition onto the NYSE American, providing access to growth capital and enabling accelerated expansion. With a dedicated team of nearly 30 personnel, Swifty is set to triple its profits over the next 2 years by licensing its gaming software to Tier 2 and Tier 3 online gaming and casino operators.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Swifty Global to be Acquired by Signing Day Sports in Strategic Acquisition
