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Entain Extends Acceptance Period for Enlabs Bid to March 18

Niji Narayan

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Entain Extends Acceptance Period for Enlabs Bid to March 18
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Entain has extended the deadline for Enlabs to accept the takeover bid until March 18. Entain is still standing firm on its offer despite some recoil from Enlabs shareholders.

The FTSE 100 company said it had filed applications with competition and gaming authorities to obtain the necessary approvals for the takeover, but added that it did not expect those to come through during the current acceptance period, which ends on February 18.

As a result, it had extended the acceptance period to March 18.

“Provided that Entain announces that the conditions of the offer have been satisfied or waived on 23 March, settlement is expected to commence on or around 30 March,” the Entain board said.

Baltics

MARE BALTICUM Gaming Summit announces its main sponsors, Nordic Gambling, Altenar, Singular and ConnectPay

Zoltan Tundik

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MARE BALTICUM Gaming Summit 2021 will be hosted in two virtual Meetups and is backed by loyal sponsors

 

The #hipthers are excited to announce the sponsors’ list at the 2021 Virtual edition of MARE BALTICUM Gaming Summit.

As announced earlier, the 2021 edition MARE BALTICUM Gaming Summit will be split into two separate meetups.

The industry shareholders can choose to attend the two meetups that are planned the following way:

  • Baltics Meetup – 13 May
  • Nordics Meetup – 18 May

You only need to register once to receive access to the meetings and the recordings. You can register for free here

The full program of the conference is available on the following link: https://marebalticumgaming.com/program2021/

Leading gambling industry experts, regulators, operators, and connected service providers are expected to give speech during the conference and we would like to give thanks to the sponsors of the event.

You can read the descriptions of the companies who are supporting the conference as sponsors:

Nordic Gambling is the only legal firm in the Nordic countries that specializes in gambling-related law such as licensing, compliance advice, and public affairs.

They have gained extensive experience in the industry from working with operators, suppliers, service providers, and government regulators. Their team has been closely involved in the development of the law and regulation in a number of European jurisdictions, including Denmark and Sweden.

The partners of Nordic Gambling are recognized among the leading legal experts in the gambling industry and are qualified to assist you with whichever legal issue you may encounter.

The team at Nordic Gambling is also very pleased to announce that they have contributed a section on Sweden, first published in the latest version of the International Comparative Legal Guide to Gambling 2020. You can read that chapter here.

Singular has 10+ years of experience working with Tier 1 iGaming operators. Singular Product Portfolio includes a comprehensive and flexible iGaming platform, Sports Betting Platform with market leading features alongside a Retail solution and a Casino Core with 7000+ casino games. The three pillars of the company are: reliability, flexibility and innovation which are the founding blocks of the company’s way of work reflected in the corporate slogan BE OUTSTANDING.

Altenar is a provider of sportsbook services to licensed gaming operators. Ranging from “software-only”​ product offers to the provision of a fully managed sports betting platform stack, Altenar offers proven stability coupled with flexible and personalized service.

Their software is developed and operated in-house, whilst being powered by premium quality data feeds.

You can view their latest video on the following link: https://youtu.be/-1AistxgFQA

ConnectPay is the fastest growing Electronic Money Institution (EMI) in Lithuania – the leading fintech hub in continental Europe – providing banking services for internet based companies. By offering smooth onboarding and boutique banking experience ConnectPay has established a strong clientele featuring numerous Tier 1 gambling companies. Strong focus on different legal jurisdiction specifics enables Connectpay to make compliance work for their clients not against them.

 

For further sponsorship/speaking and marketing inquiries, make sure to reach out to Andrada Marginean (B2B Sales Executive at Hipther Agency).

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

To receive constant updates, subscribe here: http://eepurl.com/hfyZxf

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Baltics

Lithuania Gaming Control Authority Hardens its Stance Against Unlicensed Online Operators

Niji Narayan

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Lithuania Gaming Control Authority Hardens its Stance Against Unlicensed Online Operators
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The Lithuanian Gaming Control Authority has hardened its stance against unlicensed online operators deemed to be targeting national consumers.

The Authority has issued a warning to non-compliant businesses, reiterating that only licensed operators with special permission for online gambling are authorised to offer online gambling services.

It maintains that any active online companies that are not licensed for online gambling and have not secured the correct permits are acting illegally.

These requirements and regulations of online gaming operators are established in the Gaming Law of the Republic of Lithuania.

In a statement, the Control Authority said that it “strongly recommends all online gambling operators, to review all their activities related to remote gambling in the Republic of Lithuania and take actions to ensure that such services are not available for Lithuanian customers”.

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Baltics

Four CEOs from Service Provider Giants to Participate in CEO Keynote Panel in MGBS

Zoltan Tundik

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#MareBalticum4One of the most expected panels at MARE BALTICUM Gaming Summit will be the CEO Keynote Panel, which, for the first time in any gaming event, shall host on the same virtual stage, amazing and inspirational CEOs from four exceptional Service Providers leading the Gaming and Tech industries. Speakers shall include Ariel Reem, Co-Founder of Genesis Global, Tsachi Maimon, CEO of NASDAQ-Listed giant Aspire Global, Tal Itzhak Ron, Chairman and CEO of Tal Ron, Drihem & Co. – the award-winning Tech-Focused law firm, and Marius Galdikas, CEO of the fastest-growing EMI – ConnectPay.

The panel will be moderated by Ms. Emily Helmer, Head of Compliance and e-Merchant Services at Tal Ron, Drihem & Co., originally from the US who has been working in recent years on the most interesting transactions in the digital marketing and gaming space.

Ms. Helmer and the four CEOs shall discuss management philosophies, B2B and B2C dilemmas, Compliance as a driving force for innovation, Regulations in MGA/UK/Alderney/Curacao – their impact on the payments space and a factor for mitigating risks, disputes, and solving them, and other interesting topics.

MBGS 2021 is going to be an event to remember!

Register for free on the following link: https://marebalticumgaming.com/register-now/

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