Industry News
888 Holdings obtain Malta license to tackle Brexit

888 Holdings has obtained a new gambling license in Malta to counter the threat of Brexit. The company has recently posted higher profits, but its revenue has decreased after its UK business was hit by tighter regulation and higher taxes.
The company has also set up a server in Ireland in order to continue to cater for European customers and mitigate against any disruption caused by Britain’s impending departure from the European Union.
Meanwhile, pre-tax profit rose to 108.7 million US dollars (£83.2 million) in 2018 compared with 18.8 million dollars (£14.4 million) the previous year.
But revenue was down to 540.6 million dollars (£414 million) from 541.8 million dollars (£414.9 million).
The company has clarified that it “implemented sweeping changes” in response to the Government’s efforts to tackle under-age and problem gamblers, such as the self-imposed advertising watershed, which was agreed with other bookmakers.
Chief executive Itai Pazner said:
“The group achieved continued growth across several regulated markets, primarily in continental Europe, underpinned by good momentum in casino and sport.”
“The positive momentum at the end of 2018 has continued into the first quarter of 2019 with average daily revenue in 2019 to date up 10% compared to the fourth quarter of 2018, reflecting improvements across major KPIs (key performance indicators).”
“In the UK, we are encouraged by the improving trends we began to witness in the latter stages of 2018 and the board is pleased to report that these have continued during the first quarter of the current financial year.”
Industry News
Announcing the Winners of the Baltic and Scandinavian Gaming Awards 2022

The Baltic and Scandinavian Gaming Awards (BSG Awards) are once again back to celebrate outstanding businesses of the region in the Gambling industry. The BSG Awards 2022 recognized outstanding achievements in 28 categories, with final results decided by delegates of the MARE BALTICUM Gaming Summit brought to you by the #hipthers.
Launched in 2019, the BSG Awards is part of MARE BALTICUM Gaming Summit, the key event of the Baltic and Nordic region during springtime, organized by the Hipther Agency, which brings a wealth of information while also focusing on quality networking. Over the past years, the conference has toured the Baltic countries and is now going back to Vilnius, Lithuania.
The voting took place in 2 separate stages. The online voting stage determined the top 5 companies of each category with a total of 9178 votes. These companies entered the shortlists of the second voting stage, which took place in person on 12 May in Vilnius. Votes have been cast by a secret voting session at Radisson Blu Royal Astorija Hotel, Vilnius.
The Winners
The final winners in each category had been decided by the attending delegates of MARE BALTICUM Gaming Summit on 12 May in Vilnius by a secret voting session. Below are the winners of the BSG Awards in each category:
BALTIC Region
BEST ONLINE CASINO IN THE BALTICS 2022 (OPERATORS): | PAF |
BEST SPORTS BETTING OPERATOR IN THE BALTICS 2022 (OPERATORS) | BETSAFE |
BEST ESPORTS SERVICE PROVIDER IN THE BALTICS 2022 (B2B) | ULTRAPLAY |
BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE BALTICS 2022 (B2B) | BETCONSTRUCT |
RISING STAR IN BALTIC FANTASY SPORTS / VIRTUAL SPORTS 2022 (B2B) | DS VIRTUAL GAMING |
RISING STAR IN BALTIC SPORTS BETTING TECHNOLOGY 2022 (B2B) | IMG ARENA |
BEST SPORTS BETTING PROVIDER IN THE BALTICS 2022 (B2B) | ALTENAR |
BEST ONLINE CASINO PROVIDER IN THE BALTICS 2022 (B2B) | TOM HORN GAMING |
BEST SLOTS PROVIDER IN THE BALTICS 2022 (B2B) | WAZDAN |
BEST LIVE CASINO PROVIDER IN THE BALTICS 2022 (B2B) | BETGAMES |
RISING STAR IN BALTIC ONLINE CASINO TECHNOLOGY 2022 (B2B) | ENDORPHINA |
BEST PAYMENT SERVICE PROVIDER IN THE BALTICS 2022 (CONNECTED) | CONNECTPAY |
BEST TESTING LABORATORY IN THE BALTICS 2022 (CONNECTED) | BMM TESTLABS |
BEST HOSTING PROVIDER IN THE BALTICS 2022 (CONNECTED) | NETSHOP ISP |
NORDIC Region
BEST ONLINE CASINO IN THE NORDICS 2022 (OPERATORS) | BETWAY |
BEST SPORTS BETTING OPERATOR IN THE NORDICS 2022 (OPERATORS) | BETSSON |
BEST ESPORTS SERVICE PROVIDER IN THE NORDICS 2022 (B2B) | PANDASCORE |
BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE NORDICS 2022 (B2B) | SCOUT GAMING GROUP |
RISING STAR IN NORDIC FANTASY SPORTS / VIRTUAL SPORTS 2022 (B2B) | KIRON INTERACTIVE |
RISING STAR IN NORDIC SPORTS BETTING TECHNOLOGY 2022 (B2B) | SIS |
BEST SPORTS BETTING PROVIDER IN THE NORDICS 2022 (B2B) | DIGITAIN |
BEST ONLINE CASINO PROVIDER IN THE NORDICS 2022 (B2B) | SOFTSWISS |
RISING STAR IN NORDIC ONLINE CASINO TECHNOLOGY 2022 (B2B) | WAZDAN |
BEST SLOTS PROVIDER IN THE NORDICS 2022 (B2B) | PLAY’N GO |
BEST LIVE CASINO PROVIDER IN THE NORDICS 2022 (B2B) | XPROGAMING |
BEST PAYMENT SERVICE PROVIDER IN THE NORDICS 2022 (CONNECTED) | TRUSTLY |
BEST TESTING LABORATORY IN THE NORDICS 2022 (CONNECTED) | GAMING LABORATORIES INTERNATIONAL (GLI) |
BEST HOSTING PROVIDER IN THE NORDICS 2022 (CONNECTED) | INTERNET VIKINGS |
Industry News
nanocosmos Joins The CDN Alliance as Founding Member

Provider of B2B ultra-low live streaming platform and API nanocosmos joined the CDN Alliance as a founding member. With more than 20 years of experience in the audio/video industry and multiple innovations that nanocosmos has contributed to interactive live streaming, this marks an important milestone. The firm joined the initiative to support and bring forward the global CDN Industry and CDN Community.
The CDN Alliance is an independent nonprofit organization with the goal to connect, support, and represent the global CDN Industry, and CDN Community. The organization announced to dedicate its work to defining best practices and raising awareness about the CDN Industry. It aims to initiate and facilitate activities to work on global industry challenges e.g. availability, scalability, reliability, privacy, security, sustainability, interoperability, education, certification, regulations.
As a pioneer in the B2B interactive live streaming industry, nanocosmos will contribute the expertise of delivering ultra-low latency live streaming based on a combination of a self-managed CDN, browser-based player and advanced analytics. Oliver Lietz, CEO nanocosmos, shares his excitement about the news: “This is a great opportunity to have an overall touchpoint for the industry and, with concerted efforts, to create more awareness in the interest of the CDN Industry and CDN Community. We are thrilled to be part of the founding members and look forward to supporting this initiative with our partners”.
At the NAB Show 2022, nanocosmos announced the new release of nanoStream Cloud, which is the combination of a Global Network (CDN), Player and extended analytics. It not only reduces latency further to remain sub-second, but also takes it a step further and makes interactive live streaming about more than just latency. Their comprehensive approach integrates other elements that proved to be especially relevant during the time of increased virtual interaction like quality of service and thus the quality of experience for end users, data driven streaming and streaming protection.
Baltics
Ezugi partners with OlyBet in the Baltic and EU regions

Since becoming part of the Evolution Group in 2018, Ezugi has moved into new geographical markets, and continue to build its reputation as a bold and agile provider. Ezugi is delighted to announce that it has signed an exciting new agreement with OlyBet, the number one online gaming and sports betting brand in the Baltic States. This new partnership will not only see Ezugi providing Live Casino services in Latvia and EU markets, but also strengthening its footprint in Estonia and Lithuania.
OlyBet is the number one sports betting, online games and gambling brand in the Baltic States and has grown into a leading entertainment platform in Europe – predominantly in Estonia, Latvia and Lithuania. OlyBet creates content and offers entertainment through different platforms such as sports betting, esports, casino games and poker – all available in retail locations as well as online environments.
Ezugi ensures that players have immersive and realistic gaming experience, where integrity, sustainability, and fairness of the game is put to the higher standards. OlyBet players will be able to enjoy a wide and exciting variety of games – such as Andar Bahar, Casino Hold’em, Sic Bo, 32 Cards, Lucky 7 and several Baccarat variations – streamed live from Ezugi’s state-of-the-art studios.
Tomas Graham, Chief Performance Officer at OlyBet, said: “It’s important for OlyBet to provide the best choice of games and products and for us to continuously review and improve our game portfolio. This partnership with Ezugi helps us to provide our loyal customers with lots of new and exciting games and helps us to solidify our position as the number one multi-channel gaming operator across the Baltics.”
Pang Goh, Business Development Director at Ezugi, commented: “We are thrilled to start this new journey with OlyBet and are looking forward to the benefits that this partnership will bring. Not only will this agreement bring new and exciting experiences to the players in the Baltics and the EU, but it also strengthens our own position in these countries. Players are going to love this outstanding live gaming experience, along with a variety of new features and we look forward to seeing what the future holds.”
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