Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Sportsbooking Company Backs Out

Sportswinbet is a betting and sportsbooking company that has announced plans to expand into the Asian market this year. Like many online casino companies, Sportswinbet feels that the Asian market has opportunities to expand and capture a largely untapped player base. Some of the major online casinos and affiliated companies are already partnering with companies already a part of the Asian market, and Sportswinbet earlier announced plans to do just that, partner with Kolarmy Technology – but now Sportswinbet has announced that that deal is no longer in the works.

Kolarmy Technology is an established and branded sportsbooking company that services the Asian market so it made sense that Sportswinbet would choose to partner with an existing firm as a way into the Asian market. But the company just recently released a statement that they are no longer looking to partner with the sportsbooking company.

This does not mean that the company is abandoning plans to expand into the online casinos and betting market in Asia. Instead though the company is looking into something more inline with existing investment policy. That is the only reason given for Sportswinbet’s decision to no longer with Kolarmy Technology. The company stated in the release that Sportswinbet is "...[continuing] to look for investment opportunities in line with its stated investment policy.”