Balkans

Lafka Market Stops Operations After Bulgaria’s Gambling Law Changes

Published

6 years ago

February 26, 2020

Photo Source: pinimg.com

Changes in Bulgaria’s gambling law have caused the major local retailer Lafka Market to close its operations because of the loss of private lottery revenues.

Last week, the Bulgaria State Gambling Commission (BGC) issued a statement announcing the formal imposition of the new laws of the country restricting lottery operations to those run by the Bulgarian Sports Totalizator. Other lotteries were ordered to “cease the distribution and sale of tickets, coupons, cards or other tokens” related to private lottery operators and, in the presence of BGC staff, destroy all unsold tickets by the end of the year.

Lafka Market, which boasting around 1100 retail locations across the country, announced that it will shut down its operations. Lafka said it generated revenue of BGN240 m (US$ 133.2 m) in 2018 but much of that revenue was obtained through sales of products issued by the privately-run National Lottery and Lottery Bulgaria.

Bulgaria might have limited its lottery operations to the state but the country has made no move to revoke the licences it issued to several private online gambling operators, including familiar Western brands such as Bet365, Betfair, Bwin and PokerStars.

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Balkans

Kiril Kirilov takes on new leadership role at CT Interactive

Published

3 weeks ago

January 19, 2026

Wladimir P.

kiril-kirilov-takes-on-new-leadership-role-at-ct-interactive

Kiril Kirilov has been named Chief Customer Success Officer (CCSO) at CT Interactive, representing a notable achievement in his career and underscoring the firm’s dedication to leadership quality.

In the last four years, Kiril has progressed through three key positions—from Account Manager to Head of Account Management—before taking on his current executive role, consistently showcasing robust leadership, business insight, and industry knowledge.

Kiril leverages a strong background in Account Management and Customer Relationship Management (CRM) to implement a customer-focused, results-oriented strategy for CT Interactive’s commercial endeavors. His selection demonstrates the company’s dedication to nurturing internal talent, maintaining leadership continuity, and enhancing collaborations via seasoned, growth-focused executive management

The post Kiril Kirilov takes on new leadership role at CT Interactive appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Balkans

CT Interactive Appoints Martin Dimitrov as its New Commercial Manager

Published

3 weeks ago

January 16, 2026

Wladimir P.

ct-interactive-appoints-martin-dimitrov-as-its-new-commercial-manager

CT Interactive has appointed Martin Dimitrov as its new Commercial Manager. Martin brings over eight years of experience in sales, client management and business development, with the past two years dedicated to the dynamic iGaming industry.

Throughout his career, Martin has managed a diverse portfolio of clients and partners, successfully developing and strengthening long-term commercial relationships. His active participation in key industry events has enabled him to build an extensive professional network and maintain a strong, up-to-date understanding of market trends and dynamics.

Martin’s strong leadership and strategic thinking allow him to identify new business opportunities, drive sustainable growth and support partners with tailored commercial solutions. His collaborative approach and results-driven mindset make him a trusted point of contact for clients and colleagues alike.

With his deep understanding of the iGaming landscape and proven commercial expertise, Martin Dimitrov is a valuable addition to the CT Interactive team.

The post CT Interactive Appoints Martin Dimitrov as its New Commercial Manager appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Balkans

CT Interactive Appoints Vasil Parvanov as Team Lead, Commercial Managers

Published

4 weeks ago

January 15, 2026

Wladimir P.

ct-interactive-appoints-vasil-parvanov-as-team-lead,-commercial-managers

CT Interactive has appointed Vasil Parvanov as Team Lead, Commercial Managers. In this role, he will be responsible for managing the commercial team and supporting the company’s growth through strategic partnerships and data-driven decision-making.

With a strong background Vasil brings his extensive experience to the CT Interactive team. His expertise includes developing CRM and customer segmentation strategies, designing onboarding and engagement journeys, and implementing cross-selling and upselling initiatives that improve retention, customer loyalty and long-term value.

This promotion reflects CT Interactive’s commitment to nurturing internal talent and ensuring that partners continue to work with an experienced, and growth-oriented commercial leadership team. In his new role, Vasil is expected to play a key part in strengthening CT Interactive’s commercial performance and driving sustainable growth.

The post CT Interactive Appoints Vasil Parvanov as Team Lead, Commercial Managers appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.