Advanced betting solution provider UltraPlay has announced the appointment of a new Chief Executive Officer starting of Q1 2018. The decision was taken by the Management board jointly with Dariy Margaritov, who has successfully led the company since its foundation in 2010 as a founder and CEO. Mr. Margaritov steps down of the CEO position and will continue to provide his profound knowledge and expertise in the gambling and crypto industry as an advisor to the company.

Mr. Mario Ovchar and Mr. Peter Ivanov

Mr. Margaritov will focus on the development of a number of crypto-related projects as well as the implementation of the Blockchain technology in the iGaming industry. Last year, the company announced the Blockchain-based project eGold – an eSports betting cryptocurrency, and its Initial Coin Offering presale, which started on February 1st and already sold out more than half of the presale tokens during the first day of the presale. The crowd sale will be held from February 18th until March 18th.

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