The public company Telematic Interactive Bulgaria and its subsidiary CT Interactive have given an incredibly successful start to the year during the largest exhibition of the gaming industry, ICE, in London. More than 650 companies from 68 countries presented their products at the exhibition, which was visited by more than 35 000 people from every continent.
The first public company from the gaming industry in Bulgaria and its subsidiary participated with a stand. During the three exhibition days, the teams of the companies successfully negotiated the expansion of the market presence in different regions of the world after meeting with current, new, and potential clients.
Among the achieved results of CT Interactive are agreements with Groove Technology, N.V., Games Global and QTech Games, which will allow the company’s products to enter new markets in Europe, Latin America, and Asia. The company has also reached an agreement with the Finnplay platform that will expand the scope of its activity and lead to clientele expansion.
CT Interactive negotiated a new contract for the Baltic region through a singed deal with the Lithuanian operator 7bet.lt. The circle of clients in Slovakia and the Chez Republic will be expanded. Shortly, a deal with a new Belgium operator is expected to be concluded. The company will also enter a new market – Republika Srpska, part of Bosnia and Herzegovina, one of the most potential regions.
Among the most successful negotiations is the agreement on expanding the market share in Latin America. The company has started the collaboration process with the largest operator in Mexico – Caliente, and in Argentina, CT Interactive will enter two new provinces – Cordoba and Mendoza. In North America, the company has started stepping into the Canadian market.
The London exhibition has marketed a successful start of the year for CT Interactive. The achieved agreements are expected to significantly expand the scope of the company, which is currently certified for 18 markets, and its products are available on more than 1,700 online sites.
Telematic Interactive has also secured new exclusive terms and tools for attracting and retaining customers that will lead to better results and growth of clientele. After successful negotiations, the decision to expand the portfolio of offered products in Kenya was made, and the finalization of the processes of creating conditions for the launch of the operation in Peru was achieved.
The ICE exhibition has offered great opportunities for the new department of strategic management of Telematic Interactive, established at the beginning of the year, with a focus on acquiring companies, game studios and platform solutions. During the London exhibition, the team of Telematic Interactive had the chance to witness and examine products for a potential acquisition of operators in European markets, game studios and software platforms. This will enable the company to identify potential opportunities to expand into new markets in the upcoming months.
During the exhibition, the cooperation under the contract of Telematic Interactive with the organizer of the Spanish football championship LaLiga, of which the company is an official partner in Bulgaria, was expanded. New working opportunities in this regard were achieved with both Telematic Interactive and its subsidiary CT Interactive.
At the beginning of last year, Telematic Interactive started trading its shares on the Bulgarian Stock Exchange Market (BSE), becoming the first public Bulgarian company from the gaming industry. At this year’s exhibition, much interest was shown towards the company. The attendees were impressed by how fast the firm managed to rank among the 40 most traded companies on the BSE. During this year, the company plans to list on the Frankfurt Stock Exchange, which will attract new investors and increase development opportunities.
