Baltics

Viktorija Antanaviciute (TonyBet) joins the speakers’ list at MARE BALTICUM Gaming Summit 2019

Published

5 months ago

March 25, 2019

Reading Time: 2 minutes

MARE BALTICUM Gaming Summit is the leading conference of the Baltic and Scandinavian gambling industry and each year gathers the local operators, government officials and software provider for a full day of quality learning and networking.

We are honored to announce that Viktorija Antanaviciute, Managing Director at TonyBet, will join the “Focus on the Latvian and Estonian gambling industry” compliance panel discussion, alongside Signe Birne (Lotteries and Gambling Supervisory Inspection of the Republic of Latvia), Taivo Põrk (Ministry of Finance, Estonia) and Ieva Andersone (Commercial & Regulatory Practice Group partner at Sorainen). The panel will be moderated by the Ambassador of the conference, Andrius Gabnys (Founder at Gabnys Law Firm).

About Viktorija Antanaviciute

Viktorija Antanaviciute is an experienced and passionate C-level executive with marketing, sales and finance experience running successful large scale B2B & B2C projects for leading names in the industry, including PokerStars, 888Holdings, Kindred, GVC, WSOP and many more.

Viktorija, who hails from financial and gaming technology-driven country Lithuania in the Baltics, has started her journey in the Finance department at iBus Media Ltd, owner of Pokernews and introduced best-in-class BI practices, which resulted over 15% of costs savings for the group. Under her supervision, the Sales and Commercial teams increased key clients’ revenue by 65% and signed new deals with 200+ operators. She has also restructured Online Affiliate World Network, increasing operating revenues by 500% in a year.

In 2017 Viktorija moved on to TonyBet as Managing Director, focusing on geographical expansion and brand awareness across the industry, while offering her ongoing support and expertise to both her team, clients and suppliers and fellow women in the industry. She has been nominated as an influential woman in the industry in multiple awards.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Register here or View the Agenda!

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Baltics

Gambling Revenue of Latvia Increases in H1 2019

Published

2 weeks ago

August 8, 2019

Niji Narayan

Photo source: dekoprint.lv

Reading Time: 1 minute

The Lotteries and Gambling Supervisory Inspection of Latvia has reported that the gambling revenues in the regulated Latvian market increased 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in H1 2019.

The revenues were up from 134.6 million and income from gambling climbed about 15.2% to €111.5 million. The main sources of income were the gambling machines.

Interactive gambling income increased 38.8% compared to the year-on-year figures. Online casinos were, of course, the most popular form of gambling. Online activities earned €18.1 million while online betting earned €7.1m, a 35.3% jump.

The national regulator also included in their report an update on illegal online gaming activities during H1 2019 and the steps they were taking to ensure a clampdown on all illegal activities.

Baltics

Gambling Revenue of Latvia Increases in H1 2019

Published

3 weeks ago

August 6, 2019

Niji Narayan

Gambling Revenue of Latvia Increases in H1 2019

Reading Time: 1 minute

Gambling revenue of the regulated Latvian market has increased 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in H1 2019.

Revenue during H1 2019 was up from €134.6m. The income from gambling also increased 15.2% from €99.9m to €111.5m. Gambling machines were the main source of income for licenced operators, generating a collective €111.5m, which is up 11.5% on the same period last year.

The interactive gambling income increased 38.8% year-on-year from €18.2m to €25.4m as more consumers turned to online gaming. Online casino games were the most popular form of iGaming activity during H1, with income up 40.1% to €18.1m.

The online betting income was up 35.3% to €7.1m, while card tournaments income increased 65.9% to €193,482. The income from table games increased 2.6% to €8.1m, while bingo income was up 37.0% to €123,000 in H1 2019.

Baltics

WeAreCasino to launch a new European IT & Development Center in Riga, Latvia

Published

4 weeks ago

July 30, 2019

George Miller

WeAreCasino to launch a new European IT & Development Canter in Riga, Latvia

Reading Time: 1 minute

WAC LATVIA SA is going to serve as WAC’s European IT & DEVELOPMENTS HQ, alongside the head office in Buenos Aires.

The European IT branch will focus on developing of WAC platforms.
Thw WAC team is working on new games and features, following up from the successful launch of the Slot Builders Program at the ICE exhibition earlier this year.

“This move is a huge strategic asset for the Group. We are building a talented and experienced team in Latvia, consisting of people with amazing technical and creative skills. We should be able to see immediate results in our games and our Slot Builder tool, thanks to these new upcoming features. We are excited to share this new range of innovative products with our customers!” Sem Moioli, WAC Group CEO.

About WeAreCasino:
WeAreCasino is a real novelty in the online gaming industry. Young and dynamic company, aiming to become one of the world’s largest online casino gaming provider.
WeAreCasino owns a proprietary Gaming Engine, Remote Gaming Server, mathematic, RNGs and standard integration API, allowing clients to generate their personalized games. This also provides easier feature integration and exceptional quality, whether you’re playing on mobile or desktop. Games, servers and RNGs are certified by external testing houses in different jurisdictions. Website http://www.wearecasino.com/