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BETIXON PARTNERS WITH LITHUANIA’S TOP BETTING BRAND, TOPSPORT

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BETIXON PARTNERS WITH LITHUANIA’S TOP BETTING BRAND, TOPSPORT
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TOPSport deal will amp up Betixon’s presence in one of Europe’s biggest growth markets

Mobile-focused casino games studio Betixon has announced a partnership with TOPsport, the leading operator in the Lithuanian betting market. Under the terms of the deal, Betixon will integrate its full portfolio of games into the TOPsport casino platform.

This includes Betixon’s ground-breaking Fortune Breakers series, which marries slots play with fantasy adventure and arcade-style fighting games.

The deal will increase Betixon’s footprint in the burgeoning Lithuanian market, which experienced almost 100 percent growth in Q1 2021 compared with the corresponding period a year earlier.

TOPsport was the first operator to be licensed in Lithuania after the liberalization of the country’s gambling laws in 2001 and it remains its most recognized gaming brand.

According to figures released by the Lithuanian Gaming Board, TOPSport is a significant market leader, reporting almost eight times the pre-tax profit of its closest competitor. Along with impressive digital operations, the company owns 63 retail betting outlets across the country and 50 casino salons.

It’s the third Lithuanian deal Betixon has secured in Lithuania this year, highlighting the company’s commitment to partnering with leading operators in regulated growth markets.

Lior Cohen, Co-Founder & CTO of Betixon, said: “We’re delighted to team up with the biggest brand in Lithuania, TOPSport. This is a really exciting market that’s primed for further growth, and we know our games are going to cause a splash with TOPsport customers.”

Gintaras Staniulis, Founder of TOPsport said: “We look for partners that are doing exciting and innovative things in the gaming space, and that made Betixon a natural fit for us. In terms of pure explosive excitement, there’s nothing else quite like them.”

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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Baltics

SYNOT Games Partners with Lithuanian Operator 7bet

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SYNOT Games Partners with Lithuanian Operator 7bet
synotgroup.com
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SYNOT Games has entered into a partnership with Lithuanian operator 7bet. Through this deal, 7bet can now access SYNOT’s portfolio of games including Respin Joker, Fruit Awards and Book of Secrets.

“Partnering with 7bet.lt furthers our already well-established presence in the Lithuanian market. We hope that their players will enjoy our games as much as many others before them have across Lithuania and elsewhere,” Milan Zdimal, COO of SYNOT Games, said.

“At 7bet.lt we are all about offering great entertainment and thrilling games to our players. We are looking forward to a successful partnership with SYNOT Games because with their offering, we are now able to provide some of the most exciting titles on the market,” Justinas Šliažas, CEO of 7bet, said.

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Baltics

BETIXON PARTNERS WITH LITHUANIA’S TOP BETTING BRAND, TOPSPORT

Published

on

BETIXON PARTNERS WITH LITHUANIA’S TOP BETTING BRAND, TOPSPORT
Reading Time: < 1 minute

 

TOPSport deal will amp up Betixon’s presence in one of Europe’s biggest growth markets

Mobile-focused casino games studio Betixon has announced a partnership with TOPsport, the leading operator in the Lithuanian betting market. Under the terms of the deal, Betixon will integrate its full portfolio of games into the TOPsport casino platform.

This includes Betixon’s ground-breaking Fortune Breakers series, which marries slots play with fantasy adventure and arcade-style fighting games.

The deal will increase Betixon’s footprint in the burgeoning Lithuanian market, which experienced almost 100 percent growth in Q1 2021 compared with the corresponding period a year earlier.

TOPsport was the first operator to be licensed in Lithuania after the liberalization of the country’s gambling laws in 2001 and it remains its most recognized gaming brand.

According to figures released by the Lithuanian Gaming Board, TOPSport is a significant market leader, reporting almost eight times the pre-tax profit of its closest competitor. Along with impressive digital operations, the company owns 63 retail betting outlets across the country and 50 casino salons.

It’s the third Lithuanian deal Betixon has secured in Lithuania this year, highlighting the company’s commitment to partnering with leading operators in regulated growth markets.

Lior Cohen, Co-Founder & CTO of Betixon, said: “We’re delighted to team up with the biggest brand in Lithuania, TOPSport. This is a really exciting market that’s primed for further growth, and we know our games are going to cause a splash with TOPsport customers.”

Gintaras Staniulis, Founder of TOPsport said: “We look for partners that are doing exciting and innovative things in the gaming space, and that made Betixon a natural fit for us. In terms of pure explosive excitement, there’s nothing else quite like them.”

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