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Rūta Giedrienė (Gaming Control Authority, Lithuania) will join the speakers’ list at MARE BALTICUM Gaming Summit 2019

Zoltan Tundik

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The second edition of MARE BALTICUM Gaming Summit is just 10 days away and we are delighted to announce that the upcoming conference in Vilnius has already recorded 80% more registrations versus the 2018 edition making it a must-attend event in the Baltic and Scandinavian region.

With topics ranging from compliance, marketing, innovation, CRM, safe gambling, KYC and AML, the conference will give the opportunity for the attending delegates to gain access to quality learning sessions and will also offer exclusive networking possibilities.

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian.

Register here or View the Agenda!

The recently announced speakers, Rūta Giedrienė (Gaming Control Authority, Lithuania) and Kaido Ulejev (Managing Director Baltics at Betsson Group), will join the “Gambling Industry in Lithuania” compliance panel discussion alongside Lolita Sumskaite (Head of Unit at Ministry of Finance, Lithuania) and Karolis Gogaitis (General Manager at CBet.lt) under the moderation of Andrius Gabnys (Gabnys Law Firm).

 

About Rūta Giedrienė

Rūta Giedrienė is the Compliance and Regulatory Officer at the Gaming Control Authority of Lithuania and works for Lithuanian Government for more than 10 years. During the last 4 years, Rūta has been specializing in the AML/CFT field.

She has a Master’s degree in Finance and a Bachelor’s degree in Public Administration. After finalizing her studies, Rūta was appointed as a lecturer at the Economics and Finance Faculty (Mykolas Romeris University, Lithuania).

Between 2017 and 2018, Rūta received an International Diploma in Anti Money Laundering issued by the International Compliance Association, Alliance Manchester Business School.

Since 2014, she became a member of a Working Group for the Prevention of ML/TF and works closely with different stakeholders such as Lithuanian FIU, Bank of Lithuania, State Security Department, Ministry of Justice, Law Enforcement Authorities, etc. to ensure that Lithuania meets the EU requirements in combatting ML/TF.

In 2018, Rūta became one of Lithuania’s Delegation member to lead the country through the MONEYVAL 5th Round Evaluation. It was intense and constant work with the assessors and lasted more than a year. The Report was adopted at the FATF Plenary December 2018 in Strasbourg France.

About the Gaming Control Authority

The Gaming Control Authority is an institution under the Ministry of Finance of the Republic of Lithuania that, together with other state and municipal institutions, takes part in the implementation of the state policy in the area of gaming and conducts gaming control to ensure fair and transparent gaming activities and to protect the rights and legal interests of players.

Gaming Control Authority is responsible also for the supervision and control of the organization of National lotteries. The main task of the institution is to supervise and control the operation of this activity with the purpose to protect the interests and rights of players and of operators.

These aims and tasks of the Gaming Control Authority are established in the Gaming Law of the Republic of Lithuania and in the Law on Lotteries of the Republic of Lithuania, regulating the mentioned activities in the Republic of Lithuania.

One of the main priority trends of the Gaming Control Authority is to ensure proper activity of the institution enforcing the provisions of legal acts regulating gaming and national lotteries also to ensure the results-based activity.

Main functions of the Gaming Control Authority are:

  • issue and cancel gaming and national lottery licenses;
  • issue permits to open gaming machine halls, bingo halls, betting and totalisator stations and gaming establishments (casinos), supplement, change and cancel such permits;
  • control compliance of gaming and lottery operators with the requirements of the laws and other legal acts regulating the operation of gaming and lotteries;
  • draft legal acts regulating the operation of gaming;
  • administer the Register of Gaming Devices of Lithuania.
  • administer Register of Persons Restricted from Participation in Gambling.

The administration of the Gaming Control Authority consists of 4 divisions – Licensing and Permission Division, Control Division, Division of  Legislation, Staff and General Affairs and Gaming Devices Type Approval and Register Division. Now we have the staff of 27 civil servants and employees working under employment contracts and Director, who is appointed by the Minister of Finance by way of competition for a four years term.

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.

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

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Baltics

iSoftBet inks TOPsport content and platform agreement

George Miller

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iSoftBet inks TOPsport content and platform agreement
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Baltic markets operator to launch leading provider’s games and access 3,000+ titles via leading GAP platform

 

iSoftBet, the leading online and mobile casino content provider, has agreed a deal with Lithuanian operator TOPsport, which will see its proprietary slots and table games go live on the operator’s platform, as well as integrating its cutting-edge Game Aggregation Platform (GAP).

TOPsport customers will have access to iSoftBet’s best-performing slots portfolio, including smash hits Hot Spin and The Dalai Panda, and latest release Book of Immortals and Pinata Fiesta.

In addition, the major Baltic markets brand will gain access to iSoftBet’s GAP content portfolio, enabling it to choose from more than 3,000 slot and table games provided by the supplier’s platform partners.

iSoftBet’s GAP platform offers content from 46 of the largest third-party suppliers in the iGaming industry, as well as a host of advanced marketing and real-time gamification tools.

Michael Probert, Chief Commercial Officer at iSoftBet, said: “We’re very pleased to have signed with TOPsport, which significantly increases our presence across the Baltic markets.

“We are always looking to grow in important and emerging territories, and the Baltics is a key region for us as we continue to lead the way in regulated market growth. We look forward to a long and successful partnership with TOPsport.”

Gintaras Staniulis, CEOat TOPsport, said: “We are delighted to sign with iSoftBet, who are one of the most well-known content providers in the industry. Their leading games and GAP portfolio offer something unique in the market, and we are confident that our relationship will be a success.”

iSoftBet is a finalist in the RNG Casino Supplier of the Year and Mobile Supplier of the Year categories at the EGR B2B Awards 2019.

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Baltics

Gambling Revenue in Latvia Increases 15% for Q1 2019

Niji Narayan

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Gambling Revenue in Latvia Increases 15% for Q1 2019
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The gambling revenue in Latvia has increased 15.3% year-on-year in the first three months of 2019. The revenue from gambling operations shot up by 15% year-on-year to €77.5m from €67.2m.

Gambling income also rose by 15.9% from €63.5m to €73.6m. Licensed operators grossed €56.4m in revenue from gambling machines. Their first quarter revenue increased by 12.8%. The operators made €50.0m in 2018 during the first three months. Roulette and blackjack, contributed €3.9m to the income posted.

Online casino games contributed €8.8m to the overall online gambling income. The figures are up 39.2% year-on-year. Card tournaments income was recorded €73,000, up 15.8% from the figures posted for the first quarter in 2018.

The hike in revenues for the licensed operators is being attributed to the strong steps taken by the country’s gambling regulator to block illegal and unlicensed gambling websites operating in Latvia.

 

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Baltics

UltraPlay is now the Best eSports Service Provider in the Baltics

George Miller

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UltraPlay is now the Best eSports Service Provider in the Baltic
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The company received high industry recognition in the 2019 BSG Awards

 

Twenty-one industry accolades were handed to the winning companies in the first Baltic and Scandinavian Gaming Awards, which were held during Mare Balticum Gaming Summit, on the 9th of May, in Vilnius, Lithuania.

UltraPlay received Best eSports Service Provider in the Baltics – the first award for the year and 6th in total for the company’s unrivaled eSports odds service. Lyubomira Petrova, Chief Marketing Officer at UltraPlay commented on the award:

“UltraPlay’s leadership in eSports betting was once again highly recognized. It is an honor to be acknowledged as the Best eSports Service Provider from the BSG Awards 2019 – a true inspiration for the entire team of UltraPlay and high recognition from the industry in the region.”

Above 100 delegates from the gambling industry attended the second edition of Mare Balticum Gaming Summit. This year the Summit had a strong focus on the gaming regulations and jurisdictions in the Baltics and the Nordics. As part of the discussion panel “Gambling Industry in 2020”, Lyubomira Petrova (CMO at UltraPlay) shared her knowledge on eSports and its significance in the following years, while  Zlatan Omerspahić (Data Protection and Compliance Lawyer at NSoft),  and Robert Toth (Key Account Manager at Global Bet) talked on GDPR and Virtual Sports.

“I had the pleasure to speak at Mare Balticum Gaming Summit and present why eSports is going to play a key role in the gambling industry in 2020 and beyond. Discussing what the future holds for the industry, we see the tremendous growth of eSports and its importance in terms of betting and player’s engagement.”, added Petrova.

The company is now heading to G2E Asia, Macao and is nominated in 2 categories for the G2E Asia Awards: UltraPlay’s eSports White Label Solution is shortlisted in the “Best B2B Digital Product Solution” category, and Dariy Margaritov, founder of UltraPlay is nominated in the category “Best industry rising stars”.

UltraPlay will be attending G2E Asia, Macao, from May 21st to 23rd, 2019. How to establish a profitable eSports betting brand will be the exclusive session to be held at the company’s booth #D909 by Mario Ovcharov, CEO of UltraPlay, on May 22nd, 11:30 am. You can book your meeting in advance at sales@ultraplay.net.

 

About UltraPlay:
UltraPlay is a modern technological company, founded in 2010, with the core ambition to offer an innovative approach to the online gaming industry by providing advanced betting solutions, focused on sports and eSports betting, live betting, white label, online casino and blockchain technology.
Assembled by a team of iGaming professionals with vast experience in betting product development, operations, eSports and marketing, UltraPlay is a trusted partner for delivering superior sports software and odds products to its customers. Learn more about the company here: www.ultraplay.co

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