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Virtual Sports with Robert Toth (Key Account Manager at Global Bet) at MARE BALTICUM Gaming Summit 2019

Zoltan Tundik

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During the past years, Virtual Sports has grown into a large vertical and many operators are including the option in the portfolio for Virtual Sport enthusiast. The main reason is that virtual sports matches are significantly condensed versions of an actual sporting event. Thus, they are completed within minutes, providing near-instant results and payouts. Not to mention that virtual sports can be delivered via omni-channel across all platforms, channels, and devices through a single account and wallet.

The evolution of Virtual Sports and what it offers for operators has been added to the topics of the “Gambling Industry in 2020” panel discussion and the vertical will be analyzed from several angles at the second edition of MARE BALTICUM Gaming Summit.

One of the angles will be presented by Robert Toth, Key Account Manager at Global Bet, who will join Zlatan Omerspahić (Data Protection and Compliance Lawyer at NSoft), Joakim Renman (Chief Commercial Officer – Scout Gaming Group), and last but not least Lyubomira Petrova (Chief Marketing Officer at UltraPlay) for an lively panel discussion moderated by Jaka Repanšek (Media and Gaming Expert).

About Robert Toth

Robert Toth started in the iGaming industry more than 10 years ago. He joined Global Bet in 2012, where he was responsible for high profile customer accounts, during a period of considerable business growth. Currently, he is managing the company’s various aspects of business development, project coordination, and account management.

He has extensive knowledge of the inner workings of the gaming industry and his exceptional interpersonal skills enabled him to bring together his business experience from across all continents. As one of the pioneers in virtual gaming development, he is one of the few people in the industry with sufficient in-depth know-how regarding virtual sports-related matters.

The company he works for, Global Bet, is the biggest independent provider for virtual sports, with an in-house team of expert developers and award-winning 3d artists. With customers on all continents, Global Bet provides a fully customized Virtual Sports portfolio of more than 15 sports and number games. Global Bet offers a broad portfolio of games, including everything from Football and Tennis to Basketball, Horse and Greyhound races.

Advanced 3D visualization and a complex AI allow them to generate stunning effects that keep players glued to the screen on websites, in retail channels and on mobile devices. Global Bet’s system is designed for easy integration and administration, with various customization options and live commentaries available. This Virtual Sports platform is the most advanced product of its kind in the world.

Don’t miss out on this exciting opportunity to meet the leaders of the gambling industry at MARE BALTICUM Gaming Summit, which will take place on the 9th of May at Radisson Blu Royal Astorija Hotel.

Register here or View the Agenda!

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Baltics

Five Latvian Gambling Operators Sign Responsible Gambling Agreement

Niji Narayan

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Five Latvian Gambling Operators Sign Responsible Gambling Agreement
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Five gambling operators have signed an agreement to improve the responsible gaming standards in Latvia. The five operators are Paf (Pafbet in Latvia), Betsafe, Optibet, 11.lv and Feniksscasino.

“Among other things, we will introduce facilities for self-tests, deposit limits, the closing of specific game categories, proactive information on responsible gaming and a whole host of other measures. It will be a clear improvement on what the gambling law in Latvia requires,” Rihards Streikis, Paf’s manager in Latvia said.

“Paf’s licensed brand in Latvia, Pafbet, may currently have a small part of the market but we have the most developed responsible gaming. We are an example for the other operators,” Rihards Streikis said.

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Baltics

Synot Games Signs Deal with Latvian Operator 11.lv

Niji Narayan

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Synot Games Signs Deal with Latvian Operator 11.lv
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SYNOT Games has signed a deal with 11.lv, the leading online casino in Latvia. As per the deal, the customers of 11.lv can play SYNOT Games’ hot and infernal Hell Mania, classic fruity slot Respin Joker and many more.

“We are excited to expand our portfolio in the Baltic area and bring our games through such a strong partner as 11.lv on this market,” Ivan Kodaj, CEO of SYNOT Games said.

“We are very pleased to release SYNOT Games content to our customers. We believe in providing our players with the biggest possible choice of Latvia certified casino content and letting them choose what games they prefer. We are confident that SYNOT Games will quickly acquire their place in our customers’ list of preferences. We have seen content with land-based presence in the market gaining online traction quite fast,” Janis Tregers, CEO and Founder of 11.lv said.

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Baltics

Latvian Government Supports Gambling Tax Hike

Niji Narayan

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Latvian Government Supports Gambling Tax Hike
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Latvia’s Cabinet of Ministers has supported the Finance Ministry’s proposed Law amendments on Lotteries and Gambling Fee and Tax, providing for an increase in gambling tax next year.

The existing tax for gambling machines is EUR 4164. In 2020, it will be EUR 6000. The law amendments will also increase the gambling tax rate for roulette, cards and dice games from EUR 23400 to EUR 28080.

It is also planned to change gambling tax revenue division between the state and municipal budgets, providing gambling tax revenue – 90% for the state budget and 10% to budgets of municipalities in which gambling is organised. The current ratio is 75% for the state budget and 25% for municipal budgets.

Raising the tax rate by 44% or EUR 6000 per gambling machines, it is expected the number of gambling machine numbers to decline by 5% – from 8680 to 8247 per year.

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