Connect with us
SIS

Baltics

Baltic regulators panel discussion and round table confirmed at MARE BALTICUM Gaming Summit (Tallinn, Estonia)

Zoltan Tundik

Published

on

Reading Time: 3 minutes

 

Baltic regulators gather this August in Tallinn at the 3rd edition of the MARE BALTICUM Gaming Summit (live conference).

 

The Baltic online and land-based gambling industry has been hit hard by the COVID-19 lockdowns and tax revenues of the Baltic states have fallen drastically during the first semester of 2020.

In Estonia, the restrictions imposed due to coronavirus are having a significant impact on gambling tax receipts, to the extent they are paralyzing many activities, including those related to social welfare, financed by the tax and under the auspices of the Ministry of Social Affairs, the ministry says.

Lithuania’s gambling revenue for Q1 2020 has fallen 2.8% year-on-year to €25.9m, with an increased online contribution not enough to offset land-based declines caused by Covid-19.

Despite the decline in revenue, turnover across all licensees was up 13.8% to €296.5m in the three months to March 31. This was due to a significant jump in the contribution from online betting and gaming, which climbed 54.2% to €201.2m, meaning the channel accounted for 67.9% of market turnover in Q1. With Lithuania’s land-based venues closed from 16 March, turnover for the channel was down 20.8% to €94.3m.

The Latvian parliament (Saeima) has passed a bill on June 5 that effectively allows the return of gaming. Under the bill, both online and land-based gaming operations can return to business. As a result, the gambling industry in Latvia is planning to return as of June 9.

All gaming operations in Latvia were banned after a bill introduced on March 22. This was a direct result of the country’s government aiming at reducing the spread of coronavirus (COVID-19). Back in April, the Latvian government updated the bill, effectively banning online gaming with an instant effect.

At the live edition of MARE BALTICUM Gaming Summit that will be held on the 6th of August in Tallinn at Radisson Blu Hotel Olümpia Tallinn, the Baltic regulators are joining a unique panel discussion and round table discussion to bring the latest information about the outcome of the lockdowns, but also to discuss together with the industry the way forward.

The panel discussion will be moderated by the MARE BALTICUM Gaming Summit Ambassador, Andrius Gabnys (Attorney At Law – Gabnys Law Firm) and will be joined by Sören Meius (Estonian Ministry of Finance), Lolita Sumskaite (Ministry of Finance Lithuania) and Signe Birne (Director of Lotteries and Gambling Supervisory Inspection of the Republic of Latvia). More names from the Baltic regulatory bodies will be added in the upcoming weeks.

Make sure to book as fast as possible as the seating is limited! You can choose one of the packages that include either delegate pass or delegate pass and accommodation combo (VIP Package)!

As mentioned in earlier press releases, the conference is going ahead as planned and based on official sources, Estonia has allowed from June 1 for citizens from EU and EEA countries with a slow current spread of COVID-19 to enter the country without the requirement of a 14-day self-isolation period.

You can consult the list that is updated weekly on the following link.

As in earlier years, the conference will also feature the next edition of the Baltic and Scandinavian Gaming Awards (BSG Awards). Read more here…

MARE BALTICUM – The Baltic and Scandinavian Gaming Summit will once again bring together the leading companies in the Baltic and Scandinavian region for a full day of quality learning and networking with local regulators and industry experts.

You can find more details about the Agenda here or you can register here!

Browse the official event website here: www.marebalticumgaming.com

You can view the photo gallery from the inaugural event on the following link.

Browse the video archives of the panel discussions which were recorded on the 7th of May at the virtual edition of the conference.

For further inquiries about the 2020 live edition of MBGS and BSG Awards (6 August – Tallinn, Estonia), speaking/attending/sponsoring options, make sure to send an e-mail to Andrada Bota (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.

Visit www.marebalticumgaming.com for more details!

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

Baltics

Leander lines up Optibet agreement

George Miller

Published

on

Leander lines up Optibet agreement
Reading Time: < 1 minute

 

Leander to supply gaming content to Baltics operator

Independent gaming company Leander is very pleased to announce it has signed a deal to launch its games portfolio with Baltic and Nordic-facing Optibet.

Under the terms of the new agreement, Leander’s proprietary and third-party content will now become available to players across all of the Enlabs-owned Optibet’s regional sites.

Games include Leander’s very own hits Ave Caesar, Kraken and Wild West Zone, the latter featuring Leander’s innovative concept ‘Dynamic Ways’, together with the company’s latest release, Mad Monsters.

Steven Matsell, CEO at Leander Games, said he was delighted that Leander’s wide selection of games will now be available to Optibet’s clients.

“Our own games portfolio and that of our partners gives our clients the best selection of games from which to choose. We are always happy to be adding new names to our network and it is great that our content will now get even wider distribution with Optibet in the key region of the Baltics and the Nordics”, he said.

Optibet is a leading operator in the region with operations in Estonia, Latvia and Lithuania as well as further afield in the Nordics and emerging markets such as Peru and Chile.

Christopher Davis, Head of Gaming at Enlabs, said: “We are very excited to be adding the Leander games portfolio to our offering. The localised nature of each Leander offering is ideally suited to Enlabs multi-country approach in one of the fastest-growing online gaming regions in Europe.”

Continue Reading

Baltics

ORYX Gaming live in Latvia with Optibet deal

George Miller

Published

on

ORYX Gaming live in Latvia with Optibet deal
Reading Time: < 1 minute

 

ORYX Gaming, a Bragg Gaming Group company, has entered Latvia for the first time with market leading operator Optibet.

Over 100 casino titles are now available to Optibet’s Latvian customers via ORYX Hub. Through the partnership, ORYX has also expanded its presence in Estonia with Optibet taking on the supplier’s RGS platform in the country, providing unique, proprietary and custom content from premium studios such as Gamomat, Kalamba Games, GiveMe Games and Golden Hero.

Gamomat’s content includes unique in-game features and side-game jackpots that have proven to be extremely popular with players. Top performing titles include Crystal Ball, Fancy Fruits and Ramses Book.

Optibet, parent company Enlabs’ flagship brand, was founded in 2005 and is now a market leading operator across the Baltic States and is also present in the Nordic countries. The partnership will allow ORYX to significantly establish a foothold and grow in the regions.

ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN) and is compliant, certified or approved in 17 other major jurisdictions.

Matevz Mazij, Managing Director of ORYX Gaming, said: “Optibet is a premium operator with a strong brand and great reputation in the Baltic countries and we are thrilled to partner together and make our first step into the Latvian market and expand our footprint in Estonia.

Chris Davis, Chief Product Officer at Enlabs, said: “At Enlabs we are all about offering great entertainment and thrilling games to our players and through ORYX we are now able to provide some of the best titles on the market and we are looking forward to a successful partnership.”

Continue Reading

Baltics

Enlabs Launches Ezugi Live Casino in Lithuania

Niji Narayan

Published

on

Enlabs acquires majority stake in iGaming operator Shogun Group
Reading Time: < 1 minute

 

Enlabs has launched a live casino together with Ezugi on the Lithuanian market.

The partnership will see more than 30 Blackjack, Roulette and Baccarat tables added to the Optibet brand, including a Russian language roulette and speed roulette variants.

“We are very excited to be able to add a new and very important vertical to our fast-growing brand in Lithuania. I’m confident that the combination of Ezugi’s high quality live casino and the unique promotional tools of our New Gaming Platform (NPL) will be a huge success,” Chris Davis, Head of Gaming at Enlabs, said.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.

Kasynos.Online