Ultraplay confirms Ovcharov as chief executive

UltraPlay has announced the appointment of Mario Ovcharov as its new chief executive.

Ovcharov will move into the role in the first quarter and take over from Dariy Margaritov, the founder of Ultraplay who has led the company since its launch back in 2010.

Margaritov will continue to work with the company in an advisory capacity, with a major focus on crypto-related projects and the implementation of blockchain technology in the industry.

“Mario is a perfect example of a top manager who has successfully made his career within the company,” Margaritov said.

“He brings an incredibly deep understanding of our business, proven track record and strategic approach that will certainly lead UltraPlay to the next successful milestones.”

Ovcharov added: “As part of UltraPlay’s family, I have been deeply involved in most of the company’s projects and developments that are described in the industry as innovations and avant-garde solutions.

“UltraPlay has a deserved reputation as a leading esports betting solutions provider and I am determined to continue the company’s growth and establish its leading positions on the core and emerging igaming and crypto markets worldwide.”

Meanwhile, UltraPlay has also announced that Peter Ivanov will broaden his capacities as head of trading and handle sports and esports betting, managing the firm’s in-house team of traders.

Ivanov said: “We are in an excellent position to capitalise our growth, leadership and serve as integrity partner to the sports betting industry.

“We are going to do so for sure in the upcoming months by our continuous innovation and passion for delivering superb betting options.”

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