Baltics
Save the date for the 2nd edition of Prague Gaming Summit and new destination in the EEGEvents portfolio
The team at EEGEvents has carefully examined the feedback received during 2017 and has already announced 2 dates in the 2018 calendar which include the second edition of Prague Gaming Summit and an inaugural event in Riga, Latvia.
After receiving a positive feedback in regards to the organizing of their events and calls from the industry to engage in new markets and landscapes, the team is ready to take on 2018 and add 2 news destinations in the events portfolio.
Zoltan Tundik, Found and Head of Business at EEGMedia/EEGEvents, has added: âThe year 2017 has seen an unprecedented growth in terms of new events being organized all around the world and surprisingly, all have attracted new connections. We should take this growth seriously and look towards organizing more quality events, which are for the benefit of the industry. When analyzing the already past calendar we have started noticing some gaps that need to be filled, thus have contact our friends in regions where there is huge potential to conduct business. These regions are often overlooked and can serve as a great opportunity to expand and network while building a global industry. Besides adding 2 new locations to our already established 3 in our event portfolio, in 2018 we will implement new sessions that will be in the benefit of the attending delegates that help increase networking and interactivity. We look forward to welcoming you at our events in 2018!â
Prague Gaming Summit 2018
The 2nd edition of âthe most successful boutique-style gaming event in Pragueâ is going to be held on the 29th of March, 2018 at Andelâs by Vienna House Prague.
The conference is designed to give the latest insights about the regulatory updates in the Czech Republic, Slovakia and Poland. Workshops and reports will be given be the top gaming experts who are active players of the online and land-based industry within the mentioned countries, thus serving operators and software providers with information about what to expect in 2018 and how they can apply for licenses where licensing is possible.
As in 2017, the summit will feature a round table discussion with the Czech regulators in order to discuss burning question that arise during the period.
We officially invite you to a must attend event if you are an active company in the online and land based gambling industry of the region. The event will also open up investment ideas if you would like to start being a legal supplier or operator in the demographic.
Those seeking networking will find that Prague Gaming Summit offers a great variety of networking possibilities via the event and connect networking dinners and parties. See what the delegates had to say about the 2017 event hereâŠ
Delegate pass price breakdown:
- Early Bird Rate (60% Off): 199 EUR â Sales end on December 31, 2017
- Combo â Early Bird Rate + 2 nights accommodation (60% Off): 379 EUR â Sales end on December 31, 2017
- Advance Rate (40% Off): 299 EUR â Sales end on March 22, 2018
- Combo â Early Bird Rate + 2 nights accommodation (40% Off): 479 EUR â Sales end on March 22, 2018
- Regular Rate (no discount): 499 EUR â Sales end on March 29, 2018
*New ticketing gateway is now available
Preliminary Agenda
Focus on Slovakia
The panel will focus on the latest developments and insights of the Slovakian gambling market where experts will share their ideas and information about licensing and potentials of the market.
Already confirmed speakers:
Dr. Robert Skalina (WH Partners)
More speakers to be announced soon
Focus on Czech Republic
Given the fact that the Czech Republic is a newly regulated market, the government are not rushing into making decisions that will affect the taxation and the competitiveness of the country. Currently, the regulators know that they donât have a perfect solution for the industry, but are waiting to adjust this accordingly. The panel is very important for the Czech industry and all international operators as the latest amendments will be explained.
Already confirmed speakers:
Jan Rehola (PS Legal)
More speakers to be announced soon
Focus on Poland
In 2017, the new amendments in the Polish gambling law have entered into force. Operators have found themselves either blacklisted or dealing with heavy paperwork and more announced amendments. The panel will shed light on the state of the Polish gambling market and will also explain what are the key aspects that you need to consider when entering the market.
Already confirmed speakers:
Piotr Dynowski (Bird & Bird)
More speakers to be announced soon
Innovation Talks
The Innovation Talks series will continue in Prague as well and we are looking forward to giving our delegates the most recent information about technology that is being adopted in the industry to increase revenues and attract new clients.
Speakers coming soon
Recent updates about Responsible Gambling programs
More and more countries are looking towards tightening the rules and implementing harsher Responsible Gambling programs in the industry that affect operators, software providers and affiliates. Many have stated that the year 2017 and 2018 are the years in which the Next Phase in Responsible Gambling is going to be implemented.
Speakers coming soon
Round table discussions with the Czech regulators (limited to 25 delegates)
The 2017 meeting with the regulators was the top rated session of the inaugural event, thus we are honored to once again invite you to a formal discussion session with the local regulators in order to discuss the most important questions you may have that are in the field of the regulator.
Prague Gaming Summit will set the stage for local and international companies involved in the online and land based gambling industry to network and exchange ideas.
More details of about Prague Gaming Summit 2018 can be found the official website of the event:Â www.praguegamingsummit.com
Announcing a new destination, Mare Balticum (Baltic Sea) Gaming Summit 2018 – Riga
The inaugural edition of the yearly event will take place on the 8th of May, 2018 at Astor Riga.
The Baltic and Scandinavian region provides a great wealth of knowledge when it comes to online gambling. The regulations in the region have bee carefully adjusted and the current status of the markets show good investment potential. The region is known to adapt quickly to changes and itâs flexible towards involving digital innovations. This is why the Baltic and Scandinavian region is good adopter of quality measurements that insure the online and land based gambling co-exist.
The inaugural event will give a good opportunity for international gaming operators and vendors to touch base with the regulators that will be present at the event. The intention and mission of the event is to bring together industry professionals and regulators for the Baltic and Scandinavian region in order to discuss the future of the industry of the region.
Tickets at the Early Bird Rate (50% Off) are available until April 20, 2018!
A special rate for accommodation at the official hotel is also available!
Delegate pass price breakdown:
- Early Bird Rate (50% Off): 199 EUR â Sales end on April 20, 2018
- Combo â Early Bird Rate + 2 nights accommodation (60% Off): 449 EUR â Sales end on April 20, 2018
- Advance Rate (40% Off): 238.80 EUR â Sales end on May 4, 2018
- Combo â Early Bird Rate + 2 nights accommodation (40% Off): 499 EUR â Sales end on May 4, 2018
- Regular Rate (no discount): 398 EUR â Sales end on May 8, 2018
*New ticketing gateway is now available
Preliminary Agenda
The state of the industry in Latvia
The panel will focus on the latest developments and insights of the Latvian gambling market where experts will share their ideas and information about licensing and potentials of the market.
Speakers coming soon
The state of the industry in Lithuania
The panel will focus on the latest developments and insights of the Lithuanian gambling market where experts will share their ideas and information about licensing and potentials of the market.
Already confirmed speakers:
Andrius Gabnys (âAttorney At Law â âGabnys Law Firm)
The state of the industry in Estonia
The panel will focus on the latest developments and insights of the Estonian gambling market where experts will share their ideas and information about licensing and potentials of the market.
Speakers coming soon
The state of the industry in Denmark and Sweden
The panel will focus on the latest developments and insights of the Danish and Swedish gambling markets. As the industry already gotten used to the fact the the Danish legal framework which revolves around the gambling industry has been taken as an example of a good regulation and the Swedish market is an upcoming jurisdiction, the panel promises to bring a wealth of information about the two Scandinavian countries.
Already confirmed speakers
Morten Ronde (Chief Executive of the Danish Online Gambling Association)
Innovation Talks
The Innovation Talks series will also continue in Riga and we are looking forward to giving our delegates the most recent information about technology that is being adopted in the industry to increase revenues and attract new clients.
Speakers coming soon
Round table discussions with the Baltic regulators (limited to 15 delegates per regulator)
We are honored to once again invite you to a formal discussion session with the local regulators in order to discuss the most important questions you may have that are in the field of the regulator.
More details coming soon
Baltic Sea Gaming Summit – Gathering the gambling industry of the Baltic Sea region
More details about the event can be found on the official website: www.marebalticumgaming.com
For quick information requests, please do not hesitate to contact the team at EEGMedia/EEGEvents
Programme & speakers/Sponsorship
Zoltan Tundik â Founder and Head of Business
EEGMedia/EEGEvents
Tel: +40 (0) 735 559 234 / +40 (0) 726 388 370
Email: [email protected]
Media accreditation and Registration enquiries
Betty Tundik â Event Coordinator and PR Manager
Tel: +40 (0) 799 777Â 959
Email: [email protected]
George Miller â Media/Sales Manager
Tel:Â +40 (0) 799 772 801
Email: [email protected]
About EEGEvents
EEGEvents is the leading boutique gaming event organizer of the Central and Eastern European region.
EEGEvents is a sub-division of EEGMedia and is in charge of organizing boutique gaming events in Eastern and Central Europe. The team serves under the most experienced and well know company in the region which operates and A to Z service for online gambling companies.
EEGMedia(Eastern European Gaming Media) has been launched with the mission of bringing together the online gambling (igaming) industry of Central and Eastern Europe and building an communication bridge between the region and the already booming industry of Western Europe.
EEGMedia is the founder and owner of the largest igaming focused online news portal of the CEE region and since its launch in 2015 the company has managed to create a large database of clients and subscribers to become the leader of the industry.
The Events divison was founded in May 2016 and was the result of the many queries and feedback the company has received from B2B clients, operators and partners. This was the year when the inaugural Central and Eastern European Gaming Conference was held in Budapest and since then, the team has managed to organize two other inaugural events (VIGE â Vienna International Gaming Expo and Prague Gaming Summit).
Baltics
Genome launches SEPA instant payments, adding another valuable feature for iGaming companies
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.
Baltics
iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud
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 âConfindoâ 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 Confindoâs management, stood out for its smooth integration with existing systems and provided a comprehensive global document base for more efficient scaling into new markets.
iDenfyâs 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 iDenfyâs commitment to providing high-quality, reliable services and prioritizes online user identification security.
âWe 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,â said Eitautas BartuĆĄkeviÄius, CEO of Confindo.
Domantas Ciulde, CEO of iDenfy, said: âWeâre thrilled to collaborate with Confindo in their mission to enhance security within the consumer lending space. By integrating our ID verification solution, weâre helping them create a safer, more reliable platform for their users across multiple countries.â
Baltics
Growth of Online Casinos in Latvia
The online gambling industry has seen significant growth across Europe, and Latvia is no exception. In recent years, online casinos have become increasingly popular in the country, driven by various factors, including technological advancements, evolving consumer behavior, and a regulatory environment that promotes safe gambling.
This article explores the current state of online casinos in Latvia and uses plainenglish.io as a source. The text discusses about the trends shaping the industry, the regulatory landscape, and the future outlook for this rapidly expanding market.
The Rise of Online Casinos in Latvia
Latvia, a digitally connected nation in the Baltic region, has witnessed a remarkable rise in online gambling. The widespread availability of high-speed internet, which reaches over 90% of the population, has been a crucial enabler of this growth. As internet access has become nearly universal, more Latvians are turning to online platforms for their entertainment needs, including gambling.
Technological advancements have further fueled this trend. The proliferation of smartphones and mobile technology has transformed how people engage with online casinos. Today, many Latvians prefer to play casino games on their mobile devices, enjoying the convenience of gambling anytime, anywhere. This shift towards mobile gaming has been particularly pronounced among younger generations, who are more inclined towards digital forms of entertainment.
Navigating Latviaâs Regulatory Landscape
The success of online casinos in Latvia is closely linked to the countryâs robust regulatory framework. The Latvian government, through the Lotteries and Gambling Supervisory Inspection (IAUI), oversees and regulates the gambling industry, ensuring a safe and secure environment for players.
Online casinos operating in Latvia are required to obtain a license from the IAUI. This licensing process is rigorous, and designed to ensure that only operators who meet high standards of fairness, security, and responsible gambling can legally operate. This regulated environment has not only protected players but also contributed to the legitimacy and growth of the industry.
Taxation plays a significant role in the regulation of online casinos. Both operators and players are subject to taxes, with licensed operators paying taxes on their gross gaming revenue (GGR) and players being taxed on their winnings. The income generated from these taxes supports various public services and social programs, highlighting the broader societal impact of the online gambling industry.
Moreover, the Latvian government places a strong emphasis on responsible gambling. Licensed operators must implement measures to prevent problem gambling, such as self-exclusion programs and deposit limits. These measures aim to protect players from the potential harms associated with gambling, reflecting the governmentâs commitment to fostering a healthy gambling environment.
To maintain market integrity, the IAUI actively monitors and blacklists unlicensed online casino operators. These blacklisted sites are blocked from operating in Latvia, ensuring that players are not exposed to unregulated and potentially fraudulent platforms. This vigilant approach helps maintain a level playing field for licensed operators while safeguarding consumers.
Current Trends in the Latvian Online Casino Market
The online casino market in Latvia is dynamic, reflecting both local preferences and global developments. One of the most notable trends is the increasing popularity of live dealer games. These games, which feature real dealers conducting games in real time, have captured the interest of Latvian players who appreciate the social interaction and authenticity they offer. Live dealer games bridge the gap between online and physical casinos, providing a more immersive experience that resonates with many players.
Cryptocurrency gambling is another emerging trend in Latvia. As digital currencies become more widely accepted, some online casinos have started to accept cryptocurrencies as a payment method. This development is particularly appealing to tech-savvy players who value the privacy and security that cryptocurrencies offer.
Localization is also becoming a key strategy for online casinos in Latvia. Many platforms are offering content tailored specifically to the Latvian market, including games in the Latvian language and customer support services that cater to local players. This focus on localization enhances the user experience and helps operators build a loyal customer base in the region.
Furthermore, the rise of eSports has opened up new avenues for online casinos in Latvia. Many platforms now offer eSports betting, allowing players to wager on popular video game tournaments. This trend is particularly popular among younger players, who are avid eSports fans.
The Future of Online Casinos in Latvia
Looking ahead, the future of online casinos in Latvia appears promising. Innovation in game development is expected to continue, with new technologies such as virtual reality (VR) and augmented reality (AR) poised to transform the online casino experience. These technologies have the potential to create more immersive and engaging games, attracting a broader audience to online gambling.
As mobile gambling continues to rise, online casinos are likely to further optimize their platforms for mobile devices. This will include the development of dedicated mobile apps and improvements in user interfaces, ensuring a seamless and enjoyable gaming experience for mobile users.
On the regulatory front, the Latvian government may introduce stricter regulations as the online gambling market matures. These regulations could include more rigorous licensing requirements and enhanced responsible gambling measures, aimed at further protecting players and ensuring fair play.
The success of the Latvian online casino market has also attracted the attention of international operators. As more global brands enter the market, competition will increase, leading to better promotions, more diverse game offerings, and improved services for Latvian players.
Conclusion
Online casinos have established themselves as a popular and growing form of entertainment in Latvia. The combination of a tech-savvy population, a strong regulatory framework, and emerging industry trends has created a thriving online gambling market. As the industry continues to evolve, players in Latvia can look forward to an exciting and secure online gaming experience. However, it will be crucial for operators, regulators, and players alike to navigate the challenges and opportunities that lie ahead to ensure the sustained growth and success of the online casino industry in Latvia.
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