Baltics

Breaking into the Baltics: APIgrator is certified in Lithuania

Published

2 years ago

July 21, 2022

Reading Time: 2 minutes

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.

Related Topics:APIgrator Baltics Europe Lithuania

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Baltics

HIPTHER Announces the BALTIC & Scandinavian Gaming Awards 2024 Shortlists

Published

2 days ago

April 30, 2024

George Miller

HIPTHER Announces the BALTIC & Scandinavian Gaming Awards 2024 Shortlists

Reading Time: 2 minutes

HIPTHER, the leading event organizer for Gaming and Technology industries in Europe, is excited to announce the Shortlists for the Baltic & Scandinavian Gaming Awards (BSG Awards), that will honour iGaming industry excellence in the Baltics and Nordics regions for 2024.

Hosted under HIPTHER’s Pioneering GameTech Event in the Baltics, the MARE BALTICUM Gaming & TECH Summit, the BSG Awards recognize and celebrate the achievements of the very best of the iGaming industry, as voted by their peers.

The Final Vote will be cast at the MARE BALTICUM Gaming & TECH Summit by the participants of the conference, and the Winners will be crowned at the BSG Awards 2024 Ceremony that will take place during the event on 4 June 2024.

HIPTHER is thankful to all the esteemed industry professionals who voted online and decided the Shortlists across a series of streamlined Categories covering iGaming Operators, B2B Providers, and Connected Services such us Testing Laboratories and Payment Service Providers.

View the Baltic & Scandinavian Gaming Awards Shortlists

Baltic & Scandinavian Gaming Awards – BSG Awards 2024 Categories

Baltics: Operators Categories:

Best Online Casino in the Baltics
Best Sports Betting Operator in the Baltics

Baltics: B2B Categories:

B2B Providers (Sports): Best eSports Service Provider in the Baltics
Best Fantasy Sports / Virtual Sports Provider in the Baltics
Rising Star in Baltic Fantasy Sports / Virtual Sports
Rising Star in Baltic Sports Betting Technology
Best Sports Betting Provider in the Baltics
B2B Providers (Casino): Best Online Casino Provider in the Baltics
B2B Providers (Casino): Best Slots Provider in the Baltics
B2B Providers (Casino): Best Live Casino Provider in the Baltics
B2B Providers (Casino): Rising Star in Baltic Online Casino Technology
Connected Services – Best Payment Service Provider in the Baltics
Connected Services – Best Testing Laboratory Provider in the Baltics

Nordics: Operators Categories:

Nordics: Best Online Casino in the Nordics
Nordics: Best Sports Betting Operator in the Nordics

Nordics: B2B Categories:

B2B Providers (Sports): Best eSports Service Provider in the Nordics
B2B Providers (Sports): Best Fantasy Sports / Virtual Sports Provider in the Nordics
B2B Providers (Sports): Rising Star in Nordic Fantasy Sports / Virtual Sports
B2B Providers (Sports): Rising Star in Nordic Sports Betting Technology
B2B Providers (Sports): Best Sports Betting Provider in the Nordics
B2B Providers (Casino): Best Online Casino Provider in the Nordics
B2B Providers (Casino): Best Slots Provider in the Nordics
B2B Providers (Casino): Best Live Casino Provider in the Nordics
B2B Providers (Casino): Rising Star in Nordic Online Casino Technology
Connected Services – Best Payment Service Provider in the Baltics
Connected Services – Best Testing Laboratory Provider in the Baltics
Connected Services – Best Hosting Provider in the Baltics

Congratulations and best of luck to all the Shortlisted Companies!

See you in Tallinn & the MARE BALTICUM Gaming & TECH Summit 2024 – Register Now

Baltics

Evoplay bolsters presence in Lithuania with Betsafe deal

Published

6 days ago

April 26, 2024

George Miller

Evoplay bolsters presence in Lithuania with Betsafe deal

Reading Time: < 1 minute

Evoplay, the award-winning game development studio, is expanding in the Baltics thanks to its latest tie-up with Betsafe in Lithuania.

The deal sees over 90 of the supplier’s leading titles live on the Betsson Group’s Lithuanian brand Betsafe, a leading operator in the market.

Included in the agreement are Evoplay’s top-performing titles such as Elven Princesses, Hot Triple Sevens and The Greatest Catch Bonus Buy which are now available for Betsafe players.

The latest integration follows a string of similar deals for Evoplay who has continued its expansion across regulated markets in Europe and beyond.

Ihor Zarechnyi, CBDO at Evoplay, said: “Integrating our products to Betsafe, a leading brand in Lithuania, is another important step in our commercial trajectory as our titles continue to grow in popularity and develop a stellar reputation among gaming enthusiasts worldwide.

“Lithuania is a vibrant and dynamic market, and we are thrilled to bring our award-winning content to even more players in the region.”

Aurimas Šilys, Head of Lithuania at Betsson Group, said: “Boosting our offering with a diverse array of titles is of utmost importance for Betsafe as we strive to deliver an unmatched gaming experience to players in Lithuania.

“We are delighted to integrate Evoplay’s dynamic portfolio into our offerings, and we anticipate it will resonate exceptionally well with our audience.”

Baltics

CT Interactive has concluded a key deal with Twinsbet.lt

Published

1 week ago

April 23, 2024

George Miller

Reading Time: < 1 minute

CT Interactive has concluded a key deal with Twinsbet.lt, marking a significant milestone in its strategic expansion across the Baltic region. The deal, primarily focused on the Lithuanian market, signifies CT Interactive’s commitment to enhancing its footprint in Estonia, Lithuania, and Latvia.

Milena Tsankarska, CCO at CT Interactive, expressed her confidence about the collaboration, stating: “We are thrilled to partner with Twinsbet.lt, a reputable player in the market. This strategic alliance aligns perfectly with our mission to deliver cutting-edge gaming experiences to players across the Baltics.”

Antonio Donov, Business Development Manager EMEA at CT Interactive, said: “Twinsbet.lt’s dedication to providing top-quality gaming services resonates with our own values. This collaboration opens up new avenues for growth and innovation, allowing us to cater to the diverse preferences of players in the region”.

Through this deal, games like Chili Fruits, Coffee Magic, Pot-o-Luck, 40 Treasures, Lucky Clover and more will become available at Twinsbet.lt.

“This collaboration with CT Interactive underscores our commitment to delivering unique gaming experiences to our customers. By leveraging CT Interactive’s expertise and innovative solutions, we are confident in our ability to elevate the gaming landscape in Lithuania and beyond”, commented a Gunnar Vilk COO of Twinsbet.lt.