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Baltics

Post-Event: MARE BALTICUM Gaming Summit Tallinn (hybrid edition), the first of its kind

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4 years ago

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Reading Time: 5 minutes

 

The third edition of the MARE BALTICUM Gaming Summit took place on the 6th of August in Tallinn and has organized under special circumstances. Due to the travel restrictions, which change weekly in Europe among the states, we had to switch to a hybrid conference.

The hybrid format allowed the speakers and moderators who were restricted from traveling to attend the conference with the help of streaming technologies.

Thanks to this quick fix, the conference has once again been confirmed as the only quality conference in the region that gathers a high number of important delegates and provides quality content about the Baltic and Scandinavian region.

The agenda of the conference included several panel discussions, a fireside chat, several networking opportunities, and last but not least the second edition of the BSG Awards (Baltic and Scandinavian Gaming Awards) which rewarded the top 36 companies from the Baltic Sea region for their hard work.

With this occasion, we would like to thank the supporting sponsors of the unique boutique-style conference and the praises go to:

The attending delegates had the unique opportunity to hear the recent updates and enjoy network sessions with some of the leading names of the industry. You can find the full list of speakers below at the end of the press release!

The audio recordings of the panel discussions and videos will are available for European Gaming PREMIUM Members.

“We are navigating uncharted waters, but it is very important to motivate ourselves that we have already gone through a hard road to get here. We owe ourselves not to give up and to continue our path. It was very hard to decide if we will host the 2020 edition of MARE BALTICUM Gaming Summit, but having the attention of so many companies that were interested to attend from the region, we had to do it. We of course were limited in terms of size by the local law, however, we are happy to say that at least some of the Baltic industry’s like-minded peers have had the occasion of shaking hands and hugging each other. Special thanks to our MARE BALTICUM Ambassador Andrius Gabnys and Jovita Gabnienė, our TECH Conference Ambassador in the Baltics, for helping us by being on the ground in Tallinn. MARE BALTICUM Gaming Summit is an awesome platform that grows year by year and we are thankful to have this opportunity to meet so many great people each year. We are coming back next year as well and we will keep coming back yearly!” stated Zoltan Tuendik, Head of Business at European Gaming Media and Events (part of Hipther Agency)

As usual, the conference featured the yearly Baltic and Scandinavian Gaming Awards (BSG Awards) and the winners have been decided by a final vote, which was submitted by the attending participants.

The winners at the BSG Awards 2020 are the following:

1/36 – BEST ONLINE CASINO IN THE BALTICS 2020: PAF
2/36 – BALTICS – BEST CUSTOMER SUPPORT IN ONLINE CASINO 2020: OPTIBET
3/36 – BEST SPORTS BETTING OPERATOR IN THE BALTICS 2020: BETSAFE
4/36 – BALTICS – BEST CUSTOMER SUPPORT IN SPORTS BETTING 2020: CBET
5/36 – BEST ESPORTS SERVICE PROVIDER IN THE BALTICS 2020: SPORTRADAR
6/36 – BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE BALTICS 2020: GOLDEN RACE
7/36 – RISING STAR IN BALTIC FANTASY SPORTS / VIRTUAL SPORTS 2020: DS VIRTUAL GAMING
8/36 – RISING STAR IN BALTIC SPORTS BETTING TECHNOLOGY 2020: SINGULAR
9/36 – BEST SPORTS BETTING INNOVATION IN THE BALTICS 2020: SG DIGITAL
10/36 – BEST SPORTS BETTING PROVIDER IN THE BALTICS 2020: SOFTGAMINGS
11/36 – BEST MOBILE BETTING PROVIDER IN THE BALTICS 2020: GOLDEN RACE
12/36 – BEST ONLINE CASINO PROVIDER IN THE BALTICS 2020: TOM HORN GAMING
13/36 – BEST ONLINE CASINO INNOVATOR IN THE BALTICS 2020: BETGAMES.TV
14/36 – BEST SLOTS PROVIDER IN THE BALTICS 2020: EVOLUTION GAMING
15/36 – BEST LIVE CASINO PROVIDER IN THE BALTICS 2020: EVOLUTION GAMING
16/36 – RISING STAR IN BALTIC ONLINE CASINO TECHNOLOGY 2020: MICROGAMING
17/36 – BEST PAYMENT SERVICE PROVIDER IN THE BALTICS 2020: CONNECTPAY
18/36 – BEST TESTING LABORATORY IN THE BALTICS 2020: GAMING LABORATORIES INTERNATIONAL(GLI)
19/36 – BEST ONLINE CASINO IN THE NORDICS 2020: CASUMO
20/36 – NORDICS – BEST CUSTOMER SUPPORT IN ONLINE CASINO 2020: NINJA CASINO
21/36 – BEST SPORTS BETTING OPERATOR IN THE NORDICS 2020: BET365
22/36 – NORDICS – BEST CUSTOMER SUPPORT IN SPORTS BETTING 2020: OPTIBET
23/36 – BEST ESPORTS SERVICE PROVIDER IN THE NORDICS 2020: ULTRAPLAY
24/36 – BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE NORDICS 2020: SCOUT GAMING GROUP
25/36 – RISING STAR IN NORDIC FANTASY SPORTS / VIRTUAL SPORTS 2020: GOLDEN RACE
26/36 – RISING STAR IN NORDIC SPORTS BETTING TECHNOLOGY 2020: ALTENAR
27/36 – BEST SPORTS BETTING INNOVATION IN THE NORDICS 2020: NSOFT
28/36 – BEST SPORTS BETTING PROVIDER IN THE NORDICS 2020: TGLAB SPORTSBOOK & MODELLING
29/36 – BEST MOBILE BETTING PROVIDER IN THE NORDICS 2020: BEST GAMING TECHNOLOGY (BGT – PLAYTECH)
30/36 – BEST ONLINE CASINO PROVIDER IN THE NORDICS 2020: NETENT
31/36 – BEST ONLINE CASINO INNOVATOR IN THE NORDICS 2020: TOM HORN GAMING
32/36 – RISING STAR IN NORDIC ONLINE CASINO TECHNOLOGY 2020: GREENTUBE
33/36 – BEST SLOTS PROVIDER IN THE NORDICS 2020: PLAY’N GO
34/36 – BEST LIVE CASINO PROVIDER IN THE NORDICS 2020: EVOLUTION GAMING
35/36 – BEST PAYMENT SERVICE PROVIDER IN THE NORDICS 2020: TRUSTLY
36/36 – BEST TESTING LABORATORY IN THE NORDICS 2020: GAMING LABORATORIES INTERNATIONAL(GLI)

To have the award delivered to your office, please contact Andrada Marginean for more details.

You can view the full official image gallery of the conference on the following link: https://www.flickr.com/photos/165468093@N04/albums/72157715457973032

The 2021 edition of MARE BALTICUM Gaming Summit is scheduled for May 2021 and the location will be revealed soon based on a final surveying and strategy setting.

We are already working hard on our next events and we look forward to seeing you in the digital sphere at European Gaming Congress 2020 Virtual Edition!

Here are a few of the testimonials that have left by the attending delegates of the 2019 edition of MARE BALTICUM Gaming Summit:

Jan Urbanec (CEO at Endorphina): “I very much enjoyed the fresh and dynamic approach of the organizers. Even though all imaginable obstacles were in front of them, they were very flexible and facilitated us to have a great panel with top panelists. The topic of casino and sportsbook cross-promotion post-COVID will still require more deep exploration with experience and time”

Priit Pajumaa (Head of Online Operations at Olympic Entertainment Group): “Great event with high focus on Baltic markets with industry side notes”

Ineta Macinskiene (Head Of Sales at ConnectPay): “The concept of gathering Operators-Regulators-Service providers for sharing news, insights and open discussions are bringing a high value. Well done with a hybrid conference in Tallinn 2020!”

The lectures and industry insight during the conference were given by:

Andrius Gabnys (Attorney At Law – Gabnys Law Firm), Lolita Sumskaite (Head of Unit at Ministry of Finance, Lithuania), Signe Birne (Director of Lotteries and Gambling Supervisory Inspection of the Republic of Latvia), Sören Meius (Estonian Ministry of Finance), Janis Laganovskis (Lotteries and Gambling Supervision Inspection of the Republic of Latvia), Rūta Giedrienė (Compliance and Regulatory Officer at the Gaming Control Authority of Lithuania), Dr. Simon Planzer (Partner at PLANZER LAW), Dainis Niedra (Managing Director Central & Eastern Europe at Enlabs), Kaido Ulejev (Commercial Director CEECA at Betsson Group), Karolis Gogaitis (General Manager at CBet.lt), Kristaps Dobrajs (Sales Director at ConnectPay), Henrik Norsk Hoffmann (Partner at Nordic Gambling), Gustaf Hoffstedt (Secretary-General at the Swedish Trade Association for Online Gambling), Jakub Kolomicenko (Head of the legal department at Endorphina), Dr. Joerg Hofmann (Partner at MELCHERS LAW), Araksi Sargsyan (Head of Business Development at DS Virtual Gaming), Robert Dowling (Chief Commercial Officer at Singular), Nadiya Attard (Director of Sales at Relax Gaming), Jan Urbanec (CEO at Endorphina), Justinas Badaras (Business Development Manager at Bankera), John Mallia (Team Manager – Gaming Accounts at Trustly), Dmitrijus Borisenka (Co-Founder and CEO of CoinGate), and Sergei Verbitski (CEO of Cointraffic).

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

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Baltics

Lithuania to Ban Gambling Ads

Published

1 week ago

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November 14, 2024

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Reading Time: < 1 minute

 

The Lithuanian parliament on Tuesday approved restrictions on gambling advertising, set to take effect from next July.

The amendments to the Gaming Law, passed with 73 votes in favour and one abstention, will introduce a ban on gambling advertising starting in July 2025. Exceptions will apply to sports competitions and events, as well as sports sponsorships and broadcasts of sports competitions, which will have a transitional period until January 1, 2028.

Next year’s budget for the Media Support Fund earmarks an additional 4 million euros to compensate media organisations for lost advertising revenue.

Among other things, MPs backed a proposal from the parliamentary Committee on Budget and Finance to have a transitional period until the end of 2027, allowing up to three betting ad spots of under 15 seconds each per hour on television, radio and online between 06:00 and 18:00 and up to two per hour between 18:00 and midnight.

For online media, betting ads without a direct link to the gaming operator’s website will be limited to 20% of advertising space from 06:00 to 18:00 and 10% until midnight.

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Baltics

Genome launches SEPA instant payments, adding another valuable feature for iGaming companies

Published

3 weeks ago

on

October 29, 2024

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Genome launches SEPA instant payments, adding another valuable feature for iGaming companies
Reading Time: < 1 minute

 

Genome (UAB Maneuver LT) has introduced SEPA Instant Transfers for all its clients. Companies can now make instant euro payments within seconds to optimize cash flow and improve operational efficiency across the Eurozone.
Additionally, SEPA Instant Transfers can be used for batch Transfers, making mass payments even more effective for companies, particularly the iGaming businesses.

“SEPA Instant Transfers enable quick payments in the Eurozone, improving cash flow and scheduling flexibility for business partners – a very crucial feature for modern-day companies that conduct operations online,” explained Genome’s CEO, Daumantas Barauskas.

SEPA Instant Transfers will be priced the same as regular SEPA Credit Transfers, ensuring users enjoy the convenience of instant transactions without any additional costs.

The feature has gone live shortly before the SiGMA Europe conference that Genome’s team will be attending. Businesses can learn more about SEPA Instant Transfers and other iGaming services Genome provides at booth #3102 or by booking a meeting.

“SEPA Instant Transfers is not the only service Genome offers iGaming companies. For one, they can streamline their financial operations with our API for mass payouts and B2C2B payments. We are currently developing the incoming payment notifications service via API (API for pay-ins). This feature will notify iGaming companies about client pay-ins in real-time. We also provide contactless physical and virtual Visa Business cards for media buying and other corporate expenses, with the added convenience of Google Pay, Apple Pay, and Garmin Pay compatibility. Additionally, a dedicated IBAN account simplifies B2B transactions, and the Genome iOS and Android apps ensure real-time financial management anytime, anywhere,” concluded Daumantas Barauskas.

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Baltics

iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud

Published

2 months ago

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September 10, 2024

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Reading Time: 2 minutes

 

iDenfy, an AI-powered identity verification, compliance and fraud prevention solutions provider, has partnered with Confindo, a leading provider of IT solutions specialising in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.

The rise in digital transactions has made robust security measures more critical than ever. With security challenges like forged documents and synthetic identities, particularly in the financial and lending sectors, companies increasingly seek advanced solutions to protect their customers. Spending on information security and risk management products and services is expected to grow by 14.3% this year, reaching more than $215 billion. However, many companies operating in the financial sector see fraud as a top priority on the list, where even a single breach can have significant legal and reputational consequences.

Confindo, a dominant player in the consumer lending market since 2018, recognised the importance of securing its platforms against potential threats. Brands under the “Confindo” name, like Lenders, Bancovo, Comparar Prestamos mainly serve as intermediaries for consumer lending services. Consequently, the business is best known for representing over 20 banks and creditors in Lithuania and processing more than 10,000 inquiries monthly. As the business experienced a high volume of requests and new registrations, it required a new trusted Know Your Customer (KYC) vendor to help safeguard its operations, especially in this expansion stage across Europe.

According to Confindo, its recent operations in Latvia and upcoming launches in two new markets also showed a need for extra automation measures in its customer onboarding process. Before partnering with iDenfy, the IT and financial service provider aimed to build a conversion-optimised verification workflow that could remove the hassle around the application onboarding process. Among several identity verification providers, Confindo selected iDenfy for its reliable and efficient identification verification solution. The new software, already trusted by other platforms under Confindo’s management, stood out for its smooth integration with existing systems and provided a comprehensive global document base for more efficient scaling into new markets.

iDenfy’s ID verification solution is designed to automatically recognise, verify and extract information from over 3000 identity documents across 200 countries and territories. This comprehensive approach helps Confindo ensure that all possible safety measures are in place to prevent fraudulent loans, a key concern in the rapidly growing consumer lending sector.

It is worth mentioning that iDenfy is ranked as the top 1 identity verification solution in customer satisfaction on G2, boasting an average of 4.9 stars and over 70 reviews in 2024. This recognition underscores iDenfy’s commitment to providing high-quality, reliable services and prioritizes online user identification security.

“We chose iDenfy because their solution is not only trusted and tested but also perfectly aligns with our commitment to ensuring the highest level of security for our customers,” said Eitautas Bartuškevičius, CEO of Confindo.

Domantas Ciulde, CEO of iDenfy, said: “We’re thrilled to collaborate with Confindo in their mission to enhance security within the consumer lending space. By integrating our ID verification solution, we’re helping them create a safer, more reliable platform for their users across multiple countries.”

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