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Wazdan expands Latvia presence with FeniBet agreement

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Wazdan expands Latvia presence with FeniBet agreement
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Wazdan, the innovative games provider, has strengthened its foothold in Europe by securing a deal with the modern Latvian operator, FeniBet.

The agreement allows Wazdan’s innovative slot content to reach more players than ever before, providing FeniBet’s customers with access to its latest engagement-boosting features, such as Collect to Infinity™, Cash Infinity™, and Hold the Jackpot.

A selection of 10 popular titles, including Sizzling Eggs™, 9 Coins™, Magic Spins™, Sizzling 777 Deluxe, Sizzling Kingdom™: Bison, Hot Slot™: 777 Crown, Power of Gods™: Valhalla, 9 Lions, Telly Reels™, and Magic Fruits Deluxe, is already available to FeniBet’s customers thanks to the partnership, with more titles expected to follow soon.

FeniBet operates in Latvia as an online sportsbook and casino, offering a wide range of popular slots, Live Casino products, and secure sports betting markets to guarantee a memorable gaming experience for all of its customers.

The deal serves as further evidence of Wazdan’s commitment to Europe’s iGaming landscape as the supplier reinforces its presence in Latvia, following recent deals with the likes of Play North, Sesame, and Star Casino.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “We’re thrilled to have established a partnership with FeniBet in a market as exciting and full of promise as Latvia.

“The deal allows us to maintain our impressive growth trajectory and continue expanding our global presence, while providing the operator with some of our most exhilarating slot products.”

Martins Opmanis, Head of IT Department in Alfor, said: “By delivering Wazdan’s renowned content to our players, we are able to provide them with some of the strongest gaming experiences on the market.

“Wazdan’s products are known for their engagement-boosting features and imaginative themes, and we expect the initial crop of games to go down well with our players.”

Baltics

Thunderkick bolsters presence in Lithuania with 7bet deal

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Thunderkick bolsters presence in Lithuania with 7bet deal
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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.”

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Baltics

Lithuania Mulls Cracking Down on Gambling Ads

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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.

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Baltics

IGT Signs 12-Year Contract Extension with UAB Perlas Network in Lithuania to Deploy Upgraded Central System Software

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IGT Signs 12-Year Contract Extension with UAB Perlas Network in Lithuania to Deploy Upgraded Central System Software
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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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