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Only 72 hours left to save 100 EUR on your ticket and attend the most important conference in the Baltics and Nordics

Zoltan Tundik

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I strongly believe that the region – Baltic States and beyond – has been an unfortunate gap in the industry media and events coverage for quite a long time. Zoltan and Betty were bold enough to make the first true dedicated gambling forum in the region and from my experience at Mare Balticum Gaming Summit it turned out to be a very good idea. Smooth organization, accurately selected panels, convenient and cozy venue. A very strong foundation for another successful series of events for European Gaming Media and Events.”

These were the words of Andrius Gabnys (Managing partner, Attorney-at-Law at Gabnys Law Firm) after the inaugural MARE BALTICUM Gaming Summit finalized in 2018.

In 2019, we are putting together an even more exciting agenda for the second edition of the conference which became the leading conference dedicated to the Baltic and Scandinavian Gambling Industry.

The conference will include compliance related panel discussions which will bring the latest insights into the markets such as Lithuania, Latvia, Estonia, Sweden, and Denmark, with the opportunity to engage the regulators of the mentioned countries.

You can find more details about the Agenda here

Besides the regulatory updates, the agenda will also include hot discussions about Innovations in CRM, Safe Gambling, IT security, AML / KYC and a special panel for the DACH region that will highlight the investment opportunities for the industry in Austria, Switzerland, and Germany.

The conference will include the inaugural edition of the BSG Awards (Baltic and Scandinavian Gaming Awards). The awards ceremony will celebrate the leading companies for their respective categories from the Baltics and Nordics.

You can find more details about the nominations and categories on the following link.

Believe us when we say this, anyone who is someone in the gambling industry will be attending the conference! Make sure you are there! There is still time to benefit of the limited registration offer which will expire on the 31st of January!

Register here!

MARE BALTICUM – The Baltic and Scandinavian Gaming Summit will once again bring together the leading companies in the Baltic and Scandinavian region for a full day of quality learning and networking with local regulators and industry experts and will take place on 9 May 2019 at Radisson Blu Royal Astorija Hotel

Browse the official event website here: www.marebalticumgaming.com

You can view the photo gallery from the inaugural event on the following this link.

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Baltics

Latvia Parliament Approves Bill to Ban Alimony Debtors from Gambling

Niji Narayan

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Latvia Parliament Approves Bill to Ban Alimony Debtors from Gambling
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The Latvian Parliament (Saeima) has approved at the first reading a bill to ban alimony debtors from gambling, and scheduled a second reading for January 20.

The bill would require operators to ensure that those who owe maintenance payments are not permitted to gamble either in person or online. In order to do so, they must check accounts against the national register of maintenance debtors, with the help of the Lotteries and Gambling Inspectorate, which will create an official data display for licensees.

“The restriction is intended to prevent debtors who do not provide maintenance they owe for a child from using funds unreasonably for entertainment and hobbies,” the Saeima said.

The bill was submitted by the government and has already received approval from the Commission for Human Rights and Public Affairs with no objections. If it passes in the second and third reading and is signed into law, the restriction will come into effect on April 1.

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Baltics

Gambling Self-exclusion Increases in Lithuania

Niji Narayan

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Gambling Self-exclusion Increases in Lithuania
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According to the Lithuanian Gambling Supervisory Authority, the number of Lithuanians who self-excluded from gambling in 2020 reached 17,348. This shows an increase from the 2019 figure.

There was a rise in the number of women and the number of people aged 31 and 40 years old who self-excluded. The proportion of women who self-excluded increased to 10%, up from 7% last year.

On the other hand, the number of younger people aged 18 to 20 who self-excluded fell from 9% to 6%.

The Supervisory Authority said: “This small change is a possible sign that younger people are starting to look at their gambling more responsibly and that an aid measure such as a limitation on gambling is not necessary for them.”

The portion from the 21-30 age group who self-excluded also declined this year, from 52% to 48%, while self-exclusion among those aged 31 to 40 increased from 36% to 42%. The proportion of self-excluded gamblers aged 41-50 remained at 2% and those aged 51 or older at 4%.

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Baltics

Entain Puts Forward €276.4M Offer to Acquire Enlabs

Niji Narayan

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Entain Puts Forward €276.4M Offer to Acquire Enlabs
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Online gambling operator Entain has put forward an offer worth €276.4m to acquire Enlabs.

The cash offer, which would see Entain pay SEK40 for each Enlabs share, has been recommended by the Enlabs board, while shareholders holding 42.2% of the total Enlabs shares have also undertaken to accept the offer.

Entain said the acquisition of Enlabs is directly aligned with its growth strategy of entering locally regulated markets where it does not yet have a presence.

Should the acquisition go ahead, Entain said that it would retain the services of current Enlabs board chairman Niklas Braathen, in order to help to develop the group’s operations in the region and its expansion into new markets.

Subject to regulatory approvals and Enlabs shareholders accepting the offer, the transaction is expected to complete before the end of the first quarter.

“The acquisition of Enlabs is perfectly aligned with our strategy of expanding across new regulated international markets. We are hugely excited by the growth opportunities it presents both in its existing markets and through new market opportunities,” Shay Segev, chief executive of Entain, said.

“Enlabs is already a strong and rapidly growing business in its own right, but we now have a fantastic opportunity to turbocharge its growth by leveraging the power of our unparalleled proprietary technology, scale, product and marketing expertise,” Shay Segev added.

Enlabs’ Braathen said: “When Entain’s interest to acquire Enlabs emerged, we instantly saw the strategic logic.

“Entain’s experience and track record in many different geographic markets, together with its market-leading proprietary technology and world-class marketing skills are key attractions for Enlabs as we look to grow in the Baltics and beyond.”

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