SOFTSWISS, a prominent name in the iGaming arena, has achieved a significant milestone by receiving certification for its advanced Jackpot Aggregator in Bulgaria. This strategic move reinforces the company's presence in the flourishing European market. The certification grants locally-licensed operators access to an innovative engagement tool tailored for the ever-growing Bulgarian iGaming sector. Over the past 15 years, SOFTSWISS has evolved into a leading multi-licensed solutions provider and aggregator. Known for its vast Game Aggregator hosting over 23,500 games, the company offers players an unparalleled range of choices.
Bulgarian iGaming Market: An Opportunity for Growth
The iGaming market in Bulgaria has witnessed remarkable growth recently, attracting numerous enterprises despite its stringent domestic regulations. Projections indicate that by 2028, the sector could generate revenues upwards of €168.70 million, coupled with an anticipated annual growth rate of 5.42%. By the same year, user numbers are expected to climb to 377.3 thousand, underscoring the industry’s burgeoning momentum. In response to this growth, SOFTSWISS has strategically positioned itself within this market by securing certification from Gaming Laboratories International (GLI) for its Jackpot Aggregator, ensuring compliance with all technical and regulatory standards necessary for Bulgarian operation. This certification enables SOFTSWISS to provide its Jackpot Aggregator to Bulgarian-licensed operators, thus enhancing engagement tools available to local online casinos and aiding in the execution of dynamic customer interaction strategies.
Proactive Strategies and Future Ambitions
SOFTSWISS penetrated the Bulgarian market initially in May, by partnering with Topwin.bg. This alliance allowed the integration of the SOFTSWISS Casino Platform, Game Aggregator, and Sportsbook on Topwin.bg, offering a holistic gaming experience to users. With its most recent Jackpot Aggregator certification, SOFTSWISS cements its foothold in Bulgaria, offering a full array of cutting-edge products to support operators effectively. As per Statista.com, the Bulgarian iGaming market is projected to reach revenues of €134.60 million by the end of 2024, showcasing its robust growth potential. SOFTSWISS capitalizes on this by adapting its product offerings and securing local certifications, ensuring all technologies, including the Casino Platform and Game Aggregator, are optimized for this market. This approach not only benefits SOFTSWISS but also empowers its partners to thrive locally. Moving forward, SOFTSWISS showcases its ambitions beyond the Jackpot Aggregator’s certification in Bulgaria. Angelina Stasiuk, Head of the Business Line at SOFTSWISS Jackpot Aggregator, expressed her enthusiasm regarding the increasing interest in their engagement tool: "We are seeing a strong surge in interest in our jackpot mechanic, fueled by the growing demand for engagement tools in the market. That’s why we are committed to further developing the Jackpot Aggregator, enhancing its features, and expanding into new markets. Certification for the Bulgarian market is a clear testament to our ambition and drive for expansion. We are actively working on obtaining certifications in other jurisdictions." SOFTSWISS is visibly committed to expanding its horizons across multiple regions. It holds several international and national licenses, including in South Africa, where it has a majority stake in Turfsport. Furthermore, SOFTSWISS is striving to become the first certified software provider in Brazil, emphasizing its dedication to global growth and continuous innovation.
Source:
“SOFTSWISS Gets Certification for Its Jackpot Aggregator in Bulgaria”, softswiss.com, October 10, 2024.
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GamesAndCasino