EveryMatrix Receives Bulgarian Certification for SlotMatrix Content
EveryMatrix, a supplier of B2B iGaming platforms, has successfully obtained certification for its SlotMatrix RGS casino content from the Bulgarian gambling authority. This allows it to supply both in-house developed and third party studio games to the market.
The certificate means that SlotMatrix games, which come from the EveryMatrix Studios Armadillo and Spearhead, will be available to Bulgarian licensees, such as Kaizen, and numerous aggregation partners, including EGT Digital. The games included popular titles such as John Daly Spin It and Win It, Hot Hot Honey, Sweet Gems, and Mythological Mayhem.
SlotMatrix is EveryMatrix's B2B game content aggregation platform. It delivers operators a wide array of games and is designed to be seamlessly integrated with any existing gaming platform, ensuring that operators can take advantage of all it has to offer with minimal effort.
Through SlotMatrix, operators can bring players exclusive content provided by Armadillo Studios, Spearhead Studios, and other partners of SlotMatrix. These games are available in over 17 markets globally.
As per data from H2 Gambling Capital, the Bulgarian iGaming market's total gross win was anticipated to be €388.5 million, with projections suggesting an increase to around €425.9 million by 2023.
To gain access to another fast-growing market is very encouraging and enables SlotMatrix to distribute both our own and best performing third-party studio content to new and existing operators and suppliers and their audiences.
The Landscape of Gambling Licensing in Bulgaria
The Bulgarian gambling market has been making impressive strides in recent years, with growth exceeding 50% in just two years. This growth can be largely attributed to the forward-thinking approach of the National Revenue Agency (NRA). Its policy of welcoming international gaming businesses into the national market has led to the successful launch of prominent operators in Bulgaria. Recent examples include Betway, which has been introduced following a license grant from NRA, and 7777 Gaming, which has gone live in Bulgaria via Inbet.
This rapid expansion of the gambling industry has wide-reaching benefits for the Bulgarian economy. A diverse and competitive gambling market not only fosters innovation and investment but also creates job opportunities, thus providing substantial tax revenues.