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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

Enlabs Signs Sponsorship Agreement with Lithuanian Football Federation

Niji Narayan

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Enlabs Signs Sponsorship Agreement with Lithuanian Football Federation
Photo Source: bbc.com
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Enlabs has signed a sponsorship agreement with the Lithuanian Football Federation (LFF). Enlabs’ Optibet becomes the main sponsor of the Lithuanian women’s and men’s national team. The agreement gives great exposure to Optibet and at the same time contributes to the development of Lithuanian football.

“It feels very good that we are increasing Optibet’s exposure in Lithuania and showing that we are serious about our goal of becoming the market leader. Basketball and football is the two biggest sports in Lithuania, making this agreement one of the most desirable in the country. The timing of the agreement could hardly be better as we are in full swing of marketing our recently launched betting product at the same time as the men’s team will soon gather for the UEFA European Championship Qualifying. Our strategy of being closely associated with sports is now being extended to Lithuania and we can proudly say that we have some of the absolute largest sponsorship agreements in the Baltics, thus we have broad and qualitative brand exposure in the region,” Robert Andersson, President and CEO of Enlabs said.

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Baltics

BlueRibbon Software Expands to the Baltic States with Olympic Entertainment Group Partnership

George Miller

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BlueRibbon Software Expands to the Baltic States with Olympic Entertainment Group Partnership
Reading Time: 1 minute

 

Olympic Entertainment Group (OEG), the leading provider of online gaming services in the Baltic states, has partnered with BlueRibbon Software, the B2B marketing platform provider, to bring new online experiences to its players.

The strategic partnership marks a milestone for BlueRibbon as the company continues to enter new markets across the world. In the past few months, BlueRibbon has signed several significant deals with major European and Latin American operators.

OEG will use BlueRibbon’s first-of-its-kind player engagement solution across its digital assets, giving OEG the power to create bespoke jackpots that drive player acquisition, engagement, and retention. Such a unique differentiation will set OEG’s player experience apart from its regional competitors, giving the group new opportunities.

Omer Efraim, Olympic Entertainment Group CTO said, “We’re excited to offer our players innovative real-time incentives such as bespoke and segmented jackpots via the BlueRibbon Jackpot platform; the ability to offer cross-product and cross-provider Jackpots goes hand in hand with our strategy for innovation and differentiation.”

Co-founder and CEO of BlueRibbon Amir Askarov said, “Operators across the globe get their content from the same providers, so players are having similar experiences wherever they play. BlueRibbon offers operators and players a win-win situation. Operators can create, control, and market bespoke jackpot promotions to different segments, and players are excited by the increased chances of winnings.”

“As we continue our expansion into new markets, partnering with OEG, the preeminent operator in the Baltics and Eastern Europe, is a great opportunity for us. OEG has recognized that there is a need to introduce innovative products and they have chosen our solution as the way to do it. We are sure that OEG’s players will be thrilled by the new jackpot opportunities they can participate in,” continued Askarov.

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Baltics

Lithuanian iGaming Revenue Increases in H1 2019

Niji Narayan

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Lithuanian iGaming Revenue Increases in H1 2019
Photo Source: eurasiareview.com
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Online gambling revenue in Lithuania has increased to €17.5m in H1 2019. The revenue from land-based gaming was also up year-on-year.

Remote betting was the primary source of income with revenue rising from €8.1m to €10.4m. Online casino revenue was also up from €3.8m to €6.4m in H1 2019, with a total of six operators active in this section of the market. Players spent a total of €271.7m on iGaming in the period, up from €255.6m last year, winning €254.2m in the process.

Revenue from the land-based gambling increased from €33.7m in the first six months of 2018 to €34.6m this year. Table games generated €8.6m in land-based revenue, up from €8.4m last year, while sports betting revenue dipped slightly from €4.9m to €4.7m. Players wagered €233.9m on land-based gambling games in the first half, up from €230.6m last year, winning a total of €199.4m.

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