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iSoftBet agrees content deal with OlyBet

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iSoftBet agrees content deal with OlyBet
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Leading operator to integrate top performing games including Gold Digger in multiple regulated markets

iSoftBet, the leading online games supplier and content aggregator, has signed an agreement with OlyBet that will see its full portfolio of proprietary slot content available across multiple emerging regulated markets including Estonia, Latvia and Lithuania.

OlyBet, one of the biggest brands in the Baltic states, will offer its extensive customer base a wide selection of iSoftBet slots including top performing content Aztec Gold Extra Gold Megaways™, Mighty Stallion Hold & Win, and Gold Digger.

Since launch, Aztec Gold Extra Gold Megaways™ has generated an average 25% more bets across all licensees than iSoftBet’s original record-breaking game.

iSoftBet will also supply OlyBet with its cutting-edge suite of player engagement tools, headlined by iNgame, proven to increase retention and boost player lifetime value through a collection of innovative products such as real-time leaderboards.

The commercial agreement marks the latest expansion for iSoftBet that has experienced a bumper 12 months recruiting heavily in 2020, hiring several key C-level executives, as well as winning the Compliance Outstanding Achievement Award at the Vixio Gambling Compliance Awards.

iSoftBet, known throughout the industry as one of the most innovative and engaging content and platform suppliers, is currently active in 19 regulated markets.

Federica Faggiano, Chief Commercial Officer at iSoftBet, said: “OlyBet is recognised as one of the biggest brands in Europe with leading market share in several emerging territories such as Estonia, Latvia and Lithuania.

“We are constantly striving to grow our regulated market presence, therefore extending our reach in these key strategic jurisdictions will give even more players the opportunity to enjoy our compelling content.”

 

Baltics

Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

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Looking to take your career to the next level in the games industry? Then, Nordic Game Talents is the place to be! Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

From Oct 27-29, the online and interactive event is dedicated to recruitment and career building in the creative & games industry within the Nordic region. The event empowers participants to be part of a bigger community and motivates them to explore new paths in achieving their career goals.

Hiring creative & games studios – Supercell, Funcom, Panzerdog, Tactile Games, Gamecan, Fingersoft, Dazzle Rocks, Redhill Games to name a few from the Nordic region will be participating in the event. These studios will share information on their latest projects, work culture and what it takes to be part of their team. The individual games associations from Finland, Denmark, Sweden, Norway and Estonia will share insights through live sessions on the booming games industry in their respective countries. Career development topics pertinent to job seekers like – How to have a successful first interview, Creative Portfolio reviews will also be discussed.

Experienced game industry professionals and individuals beginning their careers from around the world are welcome to join the event. One-to-one interviews with the hiring studios can be scheduled through the event platform. A great opportunity to get to know the studios and network with game professionals from around the world.

Participating in the event

As a job seeker attending Nordic Game Talents, take a few minutes to fill out a simple registration form. After filling the registration form you will receive a link to the online event platform – PINE, to join the event on 27th October. Participants joining Nordic Game Talents will also receive a free-of-charge pass to the Nordic Game Conference.

To view the complete agenda, please click here and to learn more about the event please visit Games Job Fair

About Games Factory Talents

A Helsinki-based talent attraction agency dedicated to the games & creative industry. Our services include direct recruitment, organizing game job fairs and managing a community of game industry professionals through our GameDev Talent Board.

To learn more about Games Factory Talents visit – Games Factory Talents

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Baltics

Lithuania Approves Creation of Online-only Gaming Licences

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The Seimas, Lithuania’s legislature, has approved the first reading of amendments that would allow online-only gaming licences in the country.

At the moment, only operators that have a licence to offer land-based gaming can hold a remote gambling permit in Lithuania. Online-only operators must partner with land-based licensees to be able to offer gaming in the country. The new amendments to legislation would introduce a specific online licence that wouldn’t require a partnership.

Operators who wish to apply for a licence would need to hold at least €1.2m in capital in the case of casino gaming, or €289,000 and €144,000 in the case of online sports betting and online horse racing betting respectively.

Meanwhile, a new fee would apply to all kinds of gambling licences. Licensees must pay a fee of €1m on receipt of their licence and an additional payment depending on the type of licence. That payment would be €300,000 for slots, €100,000 for bingo and €500,000 for remote gambling.

The amendments would also require the construction of new slot halls, bingo halls and betting shops to be approved by municipal councils.

The first reading of the amendments was approved with 74 votes in favour, seven against and 39 abstentions. A second reading is still needed before the proposals become law.

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Baltics

Lithuanian Gaming Regulator Imposes Fine of €10,814 on Unigames

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The Lithuanian Gambling Supervisory Authority has issued a €10,814 fine to operator Unigames for organising gambling “outside the gambling regulation”.

An inspection carried out by the regulator found that the combined betting function used by Unigames’ via a BetBuilder feature were outside of the requirements specified in the company’s rules.

The regulator determined that this product, which allows players to create their own multiple bets on single sporting events, was not permitted in the country.

A ban on various forms of gambling promotion – such as bonuses – was recently implemented in Lithuania in July.

A statement from the regulator said: “The company has been warned about the possible violation of the license… and is obliged to eliminate the violation within the set term.

“This is the second decision after the Gambling Act gave the Gambling Supervisory Authority the right to impose economic sanctions on gambling organizers.”

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