SOFTSWISS, a key player in the iGaming industry, has reinforced its position in the European market with the certification of its Jackpot Aggregator in Bulgaria. This latest development marks a significant milestone for the company, providing locally-licensed operators with access to a highly advanced engagement tool tailored for the growing Bulgarian market.
Being part of the industry for over decade and a half, SOFTSWISS is a multi-licensed solutions provider and aggregator. Proud owner of Game Aggregator with over 23,500 games, it offers players ultimate freedom of choice.
Bulgarian iGaming Market Growth Fuels SOFTSWISS Expansion
The iGaming sector in Bulgaria has seen notable growth in recent years, drawing in more businesses despite strict domestic regulations.
According to market projections, the sector is expected to generate €168.70 million in revenue by 2028, with an estimated annual growth rate of 5.42%. The number of users is also anticipated to rise, reaching 377.3 thousand by 2028, demonstrating the burgeoning momentum within the industry.
In line with this expansion, SOFTSWISS has strategically positioned itself by securing certification from Gaming Laboratories International (GLI) for its Jackpot Aggregator, ensuring that it meets all technical and regulatory requirements to operate in Bulgaria.
With this certification, SOFTSWISS can now offer its Jackpot Aggregator to operators licensed in Bulgaria, enhancing the engagement tools available to local online casinos and boosting their customer interaction strategies.
A Strategic Partnership and Local Success
SOFTSWISS initially entered the Bulgarian market in May this year through a collaboration with Topwin.bg.
This partnership allowed Topwin.bg to integrate the SOFTSWISS Casino Platform, the Game Aggregator, and the Sportsbook, providing a comprehensive gaming experience for users. With the latest certification of the Jackpot Aggregator, SOFTSWISS solidifies its footprint in Bulgaria, further supporting operators with a full suite of cutting-edge products.
According to Statista.com, revenue in the Bulgarian iGaming market is expected to reach €134.60 million by the end of 2024, showcasing the strong potential for growth.
SOFTSWISS has capitalized on this opportunity by adapting its product offerings and securing local certifications, ensuring that all of its technologies, including the Casino Platform and Game Aggregator, are fully optimized for the Bulgarian market. This approach not only benefits SOFTSWISS but also empowers its partners to successfully navigate the local gaming landscape.
Future Expansion and Commitment to Innovation
The certification of the Jackpot Aggregator is only one part of SOFTSWISS’s broader ambitions. Angelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator, expressed enthusiasm about the increasing interest in the company’s 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.”
The company’s commitment to expansion is evident in its strategic moves across multiple regions. SOFTSWISS holds numerous international and national licenses, including in South Africa, where the company acquired a majority stake in Turfsport. Additionally, the company is working towards becoming the first certified software provider in Brazil, signaling its dedication to global growth and continued innovation.
Source:
“SOFTSWISS Gets Certification for Its Jackpot Aggregator in Bulgaria”, softswiss.com, October 10, 2024.
