On Wednesday, January 18th, 2023 the determined and expanding online sportsbook provider, SportingWin, formed an innovative partnership that will ensure they will utilize Pinnacle’s business-to-business iframe solution in order to advance as well as ascertain themselves as the number – 1 gambling brand in the Bulgarian market place.
Benefits of New Technology:
This new contract between both brands will help SportingWin make huge strides in the Bulgarian market since they launched their internet – based sportsbook as recently as last year, develop their online sports betting platform via Pinnacle’s state-of-the-art technology.
By SportingWin employing Pinnacle’s technology solutions, it looks to bring in more quality and long-term customers, especially the high-volume and high-value gamblers that are willing to place sports bets quite often comprise of most of an online sportsbook’s revenue stream. It should also have the opportunity to advance hold, limit volatility, and heighten their overall performance.
Since making its debut in the Bulgarian market, SportingWin has already made a significant impression on that market. During the fourth – quarter of 2022, the sports betting provider generated €500,000 in just net revenue due to the implication of Pinnacle’s technology products and services through their partnership that is now scheduled to make even a larger impact over the upcoming year or so.
SportingWin is based out of Malta, and the business – to – consumer online gambling organization just so happens to be the 5th – licensed betting operator that dove into the Bulgarian market place with a Romanian market launch desire lying in the near future.
The Investment Director at SportingWin, Mark Chakravarti, stated, “Pinnacle is an industry powerhouse that needs no introduction. It’s a business – to – business iframe solution is a cut above the rest and will allow SprotingBet to further establish itself as a leading betting brand in Bulgaria.
“This is certainly the case when it comes to engaging the 5 % of quality customers that can and do make up more than 80 % of an operator’s revenue. These players require certain products, features and levels of service, and with the help of Pinnacle, we can now exceed their expectations.
“We have got off to a great start in Bulgaria with our SportingWin brand, but this partnership with Pinnacle really does mark our arrival in the market where we expect to become a major player over the next 12 – months.”
The Business Development Director at Pinnacle, Rohini Sardana, said, “Pinnacle Solution has been designed to help operators leverage our state – of – the – art technology and our unrivalled experience honed over more than two decades. SportingWin can now use this to continue to establish itself as a true market leader in Bulgaria.”