Welcome to our dedicated page for Dear Cashmere Hldg Co news (Ticker: DRCR), a resource for investors and traders seeking the latest updates and insights on Dear Cashmere Hldg Co stock.
Dear Cashmere Hldg Co (DRCR) provides cutting-edge technology solutions for online sports betting and casino operators through its revenue-share licensing model. This news hub offers investors and industry observers centralized access to official updates about the company’s strategic moves, financial performance, and market positioning.
Track DRCR’s latest developments including earnings announcements, technology upgrades, partnership agreements, and regulatory compliance milestones. Our curated collection helps stakeholders monitor the company’s debt-free operations, cash flow strength, and expansion within competitive gaming markets.
Discover press releases covering software innovations for Tier 2-3 operators, strategic acquisition activity, and operational efficiency improvements. Bookmark this page for real-time updates on how DRCR maintains its position through technological excellence and disciplined financial management in the dynamic online gaming sector.
Dear Cashmere Holding Company, known as Swifty Global (OTC: DRCR), is a technology firm in the Fintech and Sports Betting sectors, projecting revenues of $100 million in 2023. In Q4 2022, it recorded $24.4 million in revenue, exceeding projections by 80%. The company aims to file its S-1 by the end of Q1 2023 and is focusing on partnerships and acquisitions to expand its market presence, particularly in Canada and Africa. Additionally, Swifty Global has invested in an international rugby team to leverage sports interest.
Swifty Global (OTC: DRCR), a tech company in Fintech and Sports Betting, anticipates $100 million in revenue for 2023. The recent launch of its swipe betting app, sportsbook, casino platforms, and a global digital wallet is highlighted. There was a significant revenue increase in Q4 2022, and Swifty recently canceled 10,666,666 common shares. An S-1 filing is pending SEC approval, and the company plans to change its name and ticker. The Annual Shareholder Meeting is set for January 27, 2023, focusing on strategic growth and technology innovations.
Swifty Global (OTC: DRCR) has made significant strides in the fintech and sports betting sectors, launching three new products since late July 2022. These include a mobile app for sports predictions and a global sportsbook and casino gaming platform. In Q4, Swifty reported nearly $15 million in revenue despite setup costs. The company is also pursuing strategic partnerships and plans to file its S-1 in January 2023 to become fully reporting. CEO James Gibbons emphasized a commitment to substantial growth, particularly aiming to enter the U.S. market in 2023.
Swifty Global (OTC: DRCR) is expanding its operations in the Fintech and Sports Betting sectors, having launched two apps for sports predictions and a global digital wallet. In September 2022, Swifty Gaming generated $3.5 million in revenue, with plans to double that by December. The company forecasts an annual revenue run rate of $75 to $100 million, with long-term goals of reaching $1 billion. Swifty's unique in-house software development allows for a leaner operation, enabling aggressive marketing of its applications. The CEO noted a strong position for growth backed by experienced teams.
Cashmere Holding Company (OTC: DRCR), known as Swifty Global, is a technology firm operating in the Financial and Sports Betting sectors. Recently, it soft-launched its gaming site, offering pre-match and in-play bets across 90% of the global market and over 200 casino games. With UK and Curacao gambling licenses, Swifty aims to generate tens of millions in revenue during its first operational year. The management is targeting a $1 billion valuation and plans to cancel 10,666,666 outstanding shares soon. CEO James Gibbons highlighted the potential for exponential growth following their first profit in August.
Swifty Global (OTC: DRCR) is advancing in the Financial and Sports Betting sectors with two innovative mobile apps for sports predictions and a digital wallet focused on AI and Blockchain transactions. The company has audited its financials for 2020 and 2021, enhancing transparency as it prepares for full reporting compliance with the SEC and aims for an OTCQB uplisting. A soft launch of its Sportsbook and Casino, featuring over 200 games, is imminent, signaling significant growth potential.
Swifty Global (OTC: DRCR) has received its GLI License, enabling the launch of its Swifty Predictions betting app, compliant with gambling regulations. With licenses in the UK and Curacao, the company is positioned for rapid expansion. Swifty is also developing a VIP sportsbook and casino platform, expected to generate significant revenue. The company plans to operate its software in licensed territories and license its technology to partners. Swifty aims for a $1 billion valuation and is cancelling over 15 million shares to enhance shareholder value.