Baltics
Tom Horn Gaming returns to MARE BALTICUM Gaming Summit as Main Stage Sponsor
After a two-year hiatus Tom Horn Gaming, the igaming software solutions supplier, joins again the MARE BALTICUM Gaming Summit as its Main Stage Sponsor.
The boutique-style event organised by Hipther Agency is dedicated to the igaming industry in the Baltics and Nordics. Held on 12 May 2022 in Vilnius, Lithuania, the conference will host many C-level professionals who will enjoy a new format that will allow them to experience even more personal interaction with their industry peers.
Ondrej Lapides, CEO of Tom Horn Gaming will participate in one of the panel discussions entitled ‘Market Strategy Baltics: Stand out from the crowd’, where he is set to share his knowledge and local expertise as well as details about the supplier’s further expansion plans in the region.
When asked what makes the MARE BALTICUM Gaming Summit a one-of-a-kind igaming event, Ondrej Lapides stated: “MARE BALTICUM Summit is a perfect platform for networking and meeting our local partners in the Baltics. It is a highly distinct market and this boutique event is an ideal format providing an intimate set-up to discuss its peculiarities and specific needs with the local igaming executive community. We’re delighted to be returning as the Main Stage Sponsor and are looking forward to yet another unforgettable event full of industry insights, candid discussions with our friends and partners and new business opportunities.”
Apart from being the Main Stage Sponsor, Tom Horn Gaming will compete against other leading igaming providers in three categories – Best Online Casino Provider, Best Slots Provider and Rising Star in Online Casino Technology – at the Baltic and Scandinavian Gaming Awards. The accolades are the most important igaming industry awards recognising top companies and products in the region and the award night closes off the busy day of networking and panel discussions of the MARE BALTICUM Gaming Summit.
Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency remarked: ”Tom Horn Gaming was among the supporters of MARE BALTICUM Gaming Summit from day one and we are honoured to have them as sponsors again for our come back event after two years of doing virtual editions.”
In 2016 Tom Horn Gaming became the first igaming provider to supply its casino content to online brands in Lithuania, with TOPsport being its first client. Lithuania, Estonia and Latvia are the key markets for the supplier. Tom Horn Gaming has been enjoying a steady growth and its gaming titles are hugely popular with local players since day one.
Baltics
Thunderkick bolsters presence in Lithuania with 7bet deal
Independent slots studio Thunderkick has strengthened its position in Lithuania after partnering with 7bet, an established operator in the Baltic region.
As part of the agreement, Thunderkick’s collection of popular games, such as the Beat the Beast series, Esqueleto Explosivo 2 and Pink Elephants 2, will now be available to more players in the country.
7bet, established in 2020, offers a wide variety of slots to its player base from internationally acclaimed game providers. It is also the only Lithuanian operator to boast tote betting on horseracing.
The new deal follows several high-profile signings for Thunderkick, including Alea and Skywind Group. The provider has seen significant growth in recent months with more to follow in the coming year.
Fredrik Ekholm, Head of Sales at Thunderkick, said: “We’re proud to be expanding our reach in Lithuania as it is an important market for us. 7bet is a well-established and quickly growing operator with a broad player network, and fits the profile of an operator with whom we want to partner.”
Gintare Karvelyte, Casino Product Manager at 7bet, added: “We’ve been thoroughly impressed with Thunderkick’s output over the years, so we’re thrilled to be introducing their dynamic games to our players.
“Titles such as Bones & Bounty, alongside classic player favourites including Pink Elephants 2 and Esqueleto Explosivo 2, are going to provide immersive, forward-thinking gameplay experiences, and we’re excited to be able to offer these releases and more.”
Baltics
Lithuania Mulls Cracking Down on Gambling Ads
Lithuanian MPs have registered amendments to the Gambling Law proposing to further tighten gambling advertising in the country as of 2025.
Around 50 MPs, mostly from the ruling majority, have signed the amendments proposing to prohibit the dissemination of information of the gambling companies sponsoring any public events, activities, natural or legal persons.
If adopted, the amendments would eliminate the advertising of betting, wagers, and casinos on television, in newspapers, magazines, or news websites and on street billboards. Neither the names nor the logos of gambling operators could appear on the jerseys of athletes and in arenas during the sporting events.
Companies would only be able to publish information on the types of gambling at the gambling venue or on the company’s website, the address of which is specified in the Gambling Regulation.
It is proposed to allow gambling companies to publish information on gambling only in publications aimed at professionals in the business. They could advertise their name and brand on their head office building or gambling venue.
Lithuanian MPs have started considering tightening the requirements for gambling advertising amid allegations that Šarūnas Stepukonis, a former BaltCap Infrastructure Fund partner, has embezzled and gambled away millions of euros of the fund’s money.
The initiator of the amendments, Mindaugas Lingė of the ruling conservative Homeland Union, has previously said that last year the total revenue of gambling operators amounted to 222 million euros, up from 103 million euros in 2020.
The amount spent on advertising in the gambling business doubled from 6.36 million euros in 2020 to 12.73 million euros in 2023. Gambling operators’ profits increased from 20 million euros in 2020 to more than 53 million euros in 2022.
Baltics
IGT Signs 12-Year Contract Extension with UAB Perlas Network in Lithuania to Deploy Upgraded Central System Software
International Game Technology PLC announced that its subsidiary, IGT Global Solutions Corporation, has extended its contract with UAB Perlas Network (“Perlas”) for an additional 12 years until 2035. As part of the agreement, IGT will provide upgrades to the Lottery’s central retail system including advanced software and user interfaces.
“Upgrading Perlas’ central system with IGT technology will help us optimize and elevate the country’s most popular and exciting lottery games,” said Mindaugas Marcinkevičius, UAB Perlas Network CEO. “We look forward to implementing IGT’s upgrades and are pleased to continue this successful relationship for another 12 years.”
“The technology enhancements being provided to Perlas are backed by IGT’s decades of lottery industry leadership and experience,” said Jay Gendron, IGT Chief Operating Officer Global Lottery. “This upgraded technology will introduce an administration portal that will enable the Lottery to view and manage all applications and back-office functions, helping to improve efficiencies and maximize profitability.”
The Lottery has been a customer of IGT’s since 1994. In 2023, IGT announced that it signed a contract with Euloto UAB (Perlas’ dependent company) to deploy its advanced cloud-based remote game server and at least 12 eInstant games per year.
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