Betmarket is among the latest entries in the Bulgarian iGaming market, where CT Interactive is headquartered. As a result, Betmarket will benefit from CT Interactive’s extensive variety of products and games delivered directly to players in the country.
CT Interactive Brings Games and Jackpots to Betmarket
CT Interactive has a string of excellent titles to add to Betmarket’s library, including Hot Luck Jackpot. CT Interactive hails this opportunity as another step forward in its presence in the iGaming market in Bulgaria, which has been picking up very quickly in 2022, with more positive developments anticipated in 2023. Company CEO Lachezar Petrov hailed the new opportunity and said:
We are excited to launch our games on the Betmarket site and to extend our reach in our domestic market with their growing customer base.
CT Interactive CEO Lachezar Petrov
Head of business development for EMEA, Milena Tsankarska, was similarly excited about the new partnership and said that the company is particularly happy to have introduced its products with the Betmarket brand in Bulgaria.
Betmarket CEO, Valentin Bozhilov, was similarly pleased with the opportunity and said that the company was pleased to have partnered up with CT Interactive and benefitted from its extensive selection of games, and not least the Hot Luck Jackpot.
The Bulgarian iGaming market has been developing quickly. In fact, the size of the gambling market has grown two-fold over the past years. Yet, there are problems that the industry itself has tried to conceal.
For one, a proposed watershed ban on gambling advertising is in stark contrast with the fact that gambling advertisement is not legal under state law. Yet, the National Revenue Agency has been slow to address the issue.
This comes at a time when commercials on Bulgarian TV are predominantly related to gambling products and credit products, without the necessary warnings about the dangers of the products.