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Latvia GGR Grows to €307.1m in 2019

Niji Narayan

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Latvia GGR Grows to €307.1m in 2019
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Lotteries and Gambling Supervisory Inspection (IAUI), the gambling regulator in Latvia, has reported a 10.5% year-on-year increase in gross gambling revenue (GGR) for 2019. GGR for the 12 months to 31 December 2019 totalled €307.1m, up from €277.7m in the previous year.

The IAUI noted year-on-year growth across all forms of gambling, though gaming machines were the main source of income for licensed operators, with revenue up 6.7% to €216.9m.

Online gambling revenue increases by 2.8% to €54.7m, with punters spending the most on casino games. Online slot games, cards and roulette revenue were up 42.5% to €39.3m, while sports betting revenue jumped 12.3% to €14.9m and poker tournaments 60.8% to €423,000.

Revenue from land-based gaming tables increased 4.0% to €17.3m, in-person sports betting revenue increased 16.8% to €3.2m and bingo halls revenue jumped 8.2% to €232,000.

The IAUI also noted that other activities including bars and billiards brought in an additional €17.3m in revenue, pushing overall turnover for licensed operators up to €324.4m for the year.

Baltics

Finnplay Integrates BetGames.TV to Platform

George Miller

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Finnplay Integrates BetGames.TV to Platform
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Finnplay, the Nordic supplier of iGaming technology and services announces the integration of the hottest rising star in live dealer gaming, BetGames.TV.  BetGames.TV is the world’s leading producer of live broadcast fixed odds and outcome-based games. Together, Finnplay and BetGames.TV represent the strength of iGaming technology and innovation coming from the Nordics and Baltics. The deal also marks BetGames.TV’s first entrance into the Nordic market.  

Liliya Alenina, VP of Games at Finnplay says, “We are very excited to offer BetGames.TV titles to our partners.  The company has been on the rise, winning industry accolades and strong demand from operators.  The games bring an exciting, immersive and unique experience to players and we are very pleased to have them onboard our platform.” 

Aiste Garneviciene, COO of BetGames.TV says, “We are proud to have our award-winning iGaming experience available on the Titan platform.  Finnplay is a highly respected technology provider with international reach and a strong track record of growth, compliance and technical performance.  BetGames.TV will bring its award-winning, immersive gaming experience to many more players around the world through the Titan platform.” 

 

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Baltics

Spearhead Studios earns certification in Croatia

George Miller

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Spearhead Studios earns certification in Croatia
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Gaming provider Spearhead Studios is thrilled to announce the completion of its certification on the Croatian market. Casinos operating in Croatia can now integrate the supplier’s entire portfolio of video slots and table games.

Benefiting from a solid online gambling regulation, Croatia the latest jurisdiction to be added to Spearhead Studios’ constant growing list of territories. Currently, the supplier is authorised to provide its games in no less than 12 jurisdictions in Europe and LATAM, with plans to unlock even more markets in the upcoming future, including the highly lucrative US market.

Under the vision of creating Local Games for Local Markets, Spearhead Studios provides high-quality content in Malta, Spain, Romania, Sweden, Denmark, Latvia, Lithuania, Estonia, Colombia, Germany, Belarus, and now Croatia.

Mathias Larsson, Managing Director at Spearhead Studios, says: “We have greatly expanded our list of jurisdictions since the launch in 2019. With clients operating across Europe and LATAM, we find it paramount to invest in attaining certifications for our games. The studios’ mission is to gain international recognition for the quality of our content, and we’re more than thrilled to now be able to work with Croatia-based operators.”

Available with 7 casino aggregators as of March 2021, the aim of the supplier is to grow its casino client base with established operators in regulated markets. The list of Tier-1 operators includes well-known casino brands such as Wunderino, Casumo and Videoslots.

Spearhead Studios’ games portfolio amounts 30 titles, including high-performing titles such as Book of Souls, Fruits & 777’s, Lara Jones is Cleopatra, or Royal Crown, and the latest Blue Diamond Book and Wild Gold. With a strong pipeline of new launches, 2021 will see Spearhead Studios releasing 40+ games, including Video Bingo and Video Poker.

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Baltics

Slotmill certified for Estonia and Latvia

George Miller

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Slotmill certified for Estonia and Latvia
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The Slotmill games have been certified to meet the regulation in Estonia and Latvia. The games can be obtained either through a direct integration or via distributors.

Jamie Boyle, Product Manager at Slotmill, said: “We are delighted to have our games approved for these markets thereby extending our reach at the same time as it solidifies our commitment to meet local regulations.”

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