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Breaking into the Baltics: APIgrator is certified in Lithuania

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APIgrator, an innovative solution for the rapid integration of games into gambling platforms, is now certified on the Lithuanian market.

Lithuania only recently popped up on the iGaming industry’s radar, but thanks to its dynamic economy and the pro-gambling stance of its government, it has quickly attracted the attention of the gambling community. Online casino operators are eager to take advantage of the country’s growing gambling market. Slotegrator can help them make the most of the opportunity — the company’s APIgrator solution was just certified in the country.

The main event in the Lithuanian gambling market in recent years is the inclusion of online gambling regulation in the country’s Gambling Law. Since its legalization in 2016, iGaming revenue has at least tripled. And in July 2022, the Lithuanian Seimas approved additional amendments to the national Gambling Law and the Law on Lotteries and Gambling Taxes as part of ongoing reforms in the legislation of the Baltic States.

The key change brought about by the new legislation is the introduction of a new remote gambling license. Now, licensees no longer need to run any land-based gambling establishments.

In 2020, as in other countries, due to the mandatory lockdown, the income of land-based gambling establishments in Lithuania dropped sharply. The market sank 8.1% to €103.5 million. At the same time, iGaming’s vertical revenue increased by 47.1% to €59.6 million in gross gaming revenue. After almost doubling their GGR in a year to reach €29.4 million, online slots have become the main source of revenue.

The Lithuanian iGaming market is expanding, enabling operators and players to use new features, including the ability to integrate gaming content into gambling sites.

Ayvar Gabidullin, Business Development Manager at Slotegrator, commented on the product’s entry into the Lithuanian market: “We’re incredibly excited that APIgrator is certified in Lithuania. The market’s rapid growth has really captured our attention, and now we’re looking forward to working with clients to offer Lithuanian players the best possible iGaming experience.”

Operators that use the game content integration solution can already enter the Lithuanian market with their offer. APIgrator provides access to over 15,000 certified games from over 100 licensed industry developers — including slots, live dealer games, poker, virtual sports, and card and casual games — with a single API integration.

The solution allows you to save time, minimize costs, and eliminate administrative work. The operator does not need to provide technical support for individual integrations, conduct lengthy negotiations with suppliers, negotiate deal terms and enter into contracts with each provider separately. Comprehensive verification is also not required: the developer has a long-term trusting partnership with all game developers. By concluding one contract, the online casino operator gets access to the offers and promotional tools of any of the providers.

Baltics

PopOK Gaming Has Received a Certificate for Latvia

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PopOK Gaming Has Received a Certificate for Latvia
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The innovative iGaming developer PopOK Gaming is now certified for Latvia. 

Further expanding the scope of its activities, PopOK Gaming also reaches Latvia. 18 of the most beloved games from our portfolio, namely Yummy, Lost Treasure, Diamond Flash, 20 Hot Bar, Sultan’s Tale, Los Apaches, Lucky Jungle and the like, as well as the 4-level Progressive Jackpot are now available for locals to try and delight in the fun environment our games will definitely create. This approval is yet another proof of continual momentum PopOK Gaming has been enjoying, opening new doors for our partners to grow their business and powerfully contributing to their revenue streams.

PopOK Gaming Product Manager, Tsovinar Elchyan, said: “This achievement is another important step forward for PopOK Gaming and an impetus for continuous improvements. After receiving the green light to provide our games in Latvia, we are keen on ensuring a remarkable gaming experience for local players and establishing long-term partnerships with our partners.”

 

PopOK Gaming belongs to Soft Construct (Malta) Limited that holds II Class licence (2239) granted by GLI (Gaming Laboratories International).

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Baltics

Twain Sport’s debut events launch with T-Basket tournament

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Twain Sport, the newly launched live sport vertical from the Hybrid Sports League and BetGames, is set officially kick-off this week with its first official tournament game of the season.

The much-anticipated hybrid sport tournament gets started in Vilnius in a custom-built arena, bridging the gap in demand for increased live sport with high-frequency entertainment.

The initial sport, T-Basket, will deliver head-to-head basketball tournaments every hour – with a match every three minutes, totalling 6300 monthly – with bettors able to enjoy an extensive range of betting markets via an intuitive mobile-first designed UI.

T-Basket features professional athletes competing head-to-head to score the most points in 60 seconds. With eight players in a tournament and a new game every three minutes, a full tournament experience is broadcast in just one hour with 14 tournaments and many hours of action every day.

With a host of additional launches in the pipeline, Twain Sport will deliver a similar sporting schedule to Esports and Virtual Sports, with plans to extend its product offering significantly in 2023 and beyond.

All competitions will be subject to stringent, market leading integrity measures using Sportradar’s Fraud Detection System and implementing anti-match fixing protocols, enabling Twain Sport to offer its tier-one operator partners the world’s very best protection.

Commenting on the launch, BetGames’ CEO Andreas Koeberl said: “It is great to see the first T-Basket tournament get underway. This is a moment which is going to change the way our industry looks at live entertainment in relation to sports betting, while offering a fun to watch, easy to understand concept for players.”

“We are truly innovating this space, creating an entire new vertical which has long been needed to meet the demand for increased live sport with high-frequency entertainment. The anticipation of witnessing the first tournaments has already got me excited for where this can lead, with a comprehensive range of markets the end objective.”

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Baltics

ParlayBay to expand in Lithuania with TOPsport agreement

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ParlayBay to expand in Lithuania with TOPsport agreement
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ParlayBay, the provider of innovative sports betting titles, has agreed to deliver its thrilling games to operator TOPsport, increasing the provider’s reach and allowing more players to enjoy its product offering.

The deal sees ParlayBay’s entire game portfolio provided to TOPsport.lt, including the company’s exciting STREAK, BOSS, GEKKO, CUT and RUSH games – with the integration set to be completed towards the end of the year.

The agreement heralds further European expansion for ParlayBay’s new and exciting brand, giving Lithuanian sports bettors the chance to enjoy its state-of-the-art products.

Strategically positioned to transform sports betting markets, the supplier is continuing to ramp up delivery of its game-changing and player-centric experience to sports bettors.

Parlaybay’s games are fast and consist of short rounds, appealing to the rapid consumption preferred by younger demographics. They also feature elements seen in casino games, giving players a familiar and social experience and combining the best of many popular products through a UI/UX-focused design.

Patrick Nordwall, CEO at ParlayBay, said: “TOPsport is one of the most recognised operators in Lithuania, with fantastic vision for the future of iGaming.  We are so proud to be able to announce our alliance with a partner that shares our passion for innovative products in our industry.

“This winter, Lithuanian TOPsport players will be able to experience our outstanding sports betting games and unique player experience.”

Dainius Gulbinas, CEO at TOPsport, said: “ParlayBay is an ambitious iGaming company that will help us to lift our online portfolio to another level, thanks to its pioneering products.

“We’re on the same page as ParlayBay and feel that innovation in sports betting has yet to reach its full potential so we’re excited to work together to reach this goal.”

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