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SYNOT Games debuts on the Lithuanian market with TOPsport

Zoltan Tundik

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SYNOT Games inks another online landmark deal with TOPsport, the largest gambling company in Lithuania.

SYNOT’s Games portfolio will be featured across TOPsport’s website, expanding their slots offering with our new exciting titles that are currently amidst the favourite and most popular new content across regulated markets. Amongst which we will be live with our top performers Respin Joker, Hell Mania or Golden Myth. TOPsport will also proudly become the very first operator showcasing our content on the Lithuanian market.

„Lithuania is a blossoming market and represents another regulated territory we are delighted to enter. We are thrilled to see that the demand for our content by other aggregators and operators is increasing, strengthening our position and following our growth strategy.“ Commented Ivan Kodaj, CEO at SYNOT Games.

TOPsport CEO Gintaras Staniulis added: „We are delighted to commence our partnership with SYNOT Games. We are also content to see further our growth as an online casino operator. We are confident that partnering with a provider like SYNOT Games with very strong gambling gaming traditions, is going to help us to sustain the number one position in Lithuania while allowing us to bring something fresh to this industry. We are sure that SYNOT Games is going to provide the best gaming content to our players.“

SYNOT Games is an established content supplier with a growing market presence. Licensed by the Malta Gaming Authority and recently certified for Swedish, Danish and Portuguese markets. Our comprehensive portfolio is available in 24 languages and live in over 70 casinos.

TOPsport is the first and biggest betting company in Lithuania, having started operating in 2002 as the primary betting company to be established in Lithuania. As the years have gone by, TOPsport has expanded and improved, so that now TOPsport is not just a betting company: it is the most modern, the largest leisure space and the most popular internet betting platform in Lithuania.

At the moment, TOPsport has betting shops in 28 towns, with 81 betting locations and 37 TOPsport CASINO slot machine salons.

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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Trustly Launches its New Product Trustly Live

Niji Narayan

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Trustly Launches its New Product Trustly Live
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Online banking payments provider Trustly has launched Trustly Live, the product built specifically for land-based gaming. With the introduction of Trustly Live, Trustly is helping to remove the need for cash at land-based casinos and sportsbooks.

With Trustly Live, players can scan a Trustly QR code with their smartphone and instantly deposit funds from their online bank account. This helps operators to lower cash handling costs while also catering to the preferences of their players. Additionally, Trustly Live can strengthen KYC and AML checks, ultimately helping to enhance the trackability of players and meet increasingly strict regulatory requirements. Trustly Live is currently live with Cherry Spelglädje in 45 locations in Sweden and plans to expand across Europe in the coming months.

“The launch of Trustly Live will help land-based operators thrive in today’s increasingly cashless economies. Cash handling is expensive, unsafe and, frankly, outdated. Consumers are already adopting safer and more convenient ways to pay and Trustly is excited to be bringing innovation to the land-based gaming world by helping operators keep pace with their players’ preferences,” Samuel Barrett, Director of Gaming at Trustly said.

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Win Systems Completes $125 Million Credit Facility with Fortress and Goldman Sachs

Niji Narayan

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Win Systems Completes $125 Million Credit Facility with Fortress and Goldman Sachs
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Win Systems has successfully completed the $125 million credit facility with Fortress Credit Corp and Goldman Sachs Specialty Lending Group.

“I am incredibly proud to be working with Fortress and Goldman Sachs for the next phase of our growth. We are aggressively looking to expand our global footprint organically and through M&A, and this transaction will allow us to significantly accelerate our growth strategy,” Dario Zutel, Executive Chairman of Win Systems said.

“With the recent expansion of our Lottery business and our successful entrance into the US market, our company is very well positioned for future growth. The new financing package will provide us with sufficient capacity to pursue our growth ambitions,” Eric Benchimol, CEO of Win Systems said.

“Win Systems has a very strong leadership team standing behind the Company’s impressive portfolio of products and services. We have been in dialog with Dario and Eric for many years and are pleased to have the opportunity to support their continued growth plans with this investment,” Adam Rosenberg, Global Head of Gaming & Leisure at Fortress Investment Group said.

“Goldman Sachs is excited to have partnered with Fortress to provide a transformational cross-border credit facility to Win Systems to support their growth throughout Latin America and other jurisdictions. The transaction represents an important investment for the group, and we look forward to seeing the company expand its presence in Mexico, Central and South America, and other new markets over the coming years,” Alex Harris, Vice President of Goldman Sachs Merchant Banking Division said.

“It has been a pleasure working with the Win Systems team and helping them raise capital from some of the world’s largest and most sophisticated investors. This transaction reflects another example of our ongoing commitment to work with fast growing technology companies operating on a global scale,” Nedim Music, Managing Partner of Olympia Capital Partners Europe B.V said.

 

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Play’n GO Announce Integration Agreement with Paddy Power Betfair

George Miller

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Play'n GO Announce Integration Agreement with Paddy Power Betfair
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Play’n GO today announced the signing of an agreement with Paddy Power Betfair, which will see the major UK operator provide their catalogue of games to its customer base.

In a rare move, PaddyPower Betfair has chosen to integrate with Play’n GO via a direct integration into their own platform, a sign of their faith in the quality of the supplier’s range of content.

This partnership represents a great positive for both sides. For Paddy Power Betfair, this agreement continues its successful push into slots, augmenting their strong sportsbook offering and reinforcing their brand in the industry.

For Play’n GO, it signifies another major step forward in the UK region and further cements their reputation as the regulated supplier of choice.

The agreement will see Play’n GO content, including successful titles such as Legacy of Egypt, Sword and the Grail, and the recently released Demon, first rolled out on paddypower.com and betfair.com domains, with more markets to follow globally.

Johan Törnqvist, CEO of Play’n GO, gave his thoughts on the agreement between the companies: “This is another step in our plans to partner with leading operators in the UK, and expand our presence in the region. We are excited to bring Paddy Power Betfair and their players our distinctive brand of entertainment. This year has been extremely fruitful for us, and it’s partnerships such as this that allow us to finish 2019 on a high and move into 2020 with a strong foundation.”

Francesco Borsetti, Commercial Director, Betfair Gaming UK, also spoke about the partnership: “We’re delighted to offer our customers an exciting and entertaining array of content from Play’n GO. We aim to offer the widest selection of high-quality slot content and, with Play’n GO, we can continue to do just that.”

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