Baltics
Stakelogic takes Estonia and Latvia by storm with OlyBet deal
Provider’s full suite of classic slots and modern video slots have just landed in the operator’s game lobby for the first time, taking the player experience to the next level
Stakelogic, the provider of edge-of-the-seat online slot content, has landed in Estonia and Latvia after joining forces with the popular operator, OlyBet.
The partnership will see OlyBet roll out the provider’s full suite of classic slots and modern video slots to its players for the first time, allowing them to experience the high-thrills gameplay the studio has built its formidable reputation on.
OlyBet players in both markets will now be able the watch the fruit symbols drop and the big wins land in classic games such as Mighty Joker Arcade, Hot 7 Hold and Spin, Hot Joker, Ultra Joker and many more. Of course, each game has been given its own Stakelogic twist.
The deal also covers Stakelogic’s full portfolio of modern video slots, which have been topping operator game lobbies and player charts in markets around the world. This includes titles like El Cowboy Megaways, Hola Frutas and Wild Moon Saloon.
Stakelogic is a developer that sits at the cutting edge and one of its biggest hits to date has been Super Stake, a smart mechanic that allows players to effectively double their bet to increase the chance of a game’s bonus feature triggering and insane win combinations landing.
Neil Tanti, Sales Manager at Stakelogic, said: “We are thrilled to have teamed up with OlyBet and for our full suite of classic slots and video slots to now be available to its players in both Estonia and Latvia.
These are fast-growth markets where players now demand access to the best slots in the business, something that Stakelogic strives to provide with each game we release into our varied portfolio.
We look forward to seeing its players try our classic and video slots for the first time, especially those that opt to activate Stakelogic. Those that do will need to strap themselves in for the ride of their lives, that’s for sure.”
Erika Padisaar, Casino Manager at OlyBet, added: “Stakelogic is responsible for some of the hottest classic and video slots in the market right now, so we absolutely had to make its games are available to our players in Latvia and Estonia.
This is a great partnership for us and for our players, allowing them to fire up some of the most thrilling games out there. It’s deals such as this that make OlyBet the first-choice casino destination in Baltics.”
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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