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OlyBet joins the world’s largest poker network as of April 30, 2020

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OlyBet joins the world's largest poker network as of April 30, 2020
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Olympic Entertainment Group today announces that it has signed a strategic partnership agreement with GGPoker Network, the world’s largest online poker network. The agreement ensures that, from April 30, 2020 onwards, OlyBet players will be able to access all of the exciting offers and unique features that thrill GGPoker Network players the world over.

“GGPoker Network is the wunderkind of the post-boom online poker business and this deal is great news for all OlyBet players of today and tomorrow. GGPoker Network, which started operations in Asia, is one of the clear leaders in global online poker and massive growth lies ahead in Europe and North America,” said Veiko Krünberg, Managing Director of OlyBet.

The partnership extends to all of the current and future markets of OlyBet and the poker room will move to GGPoker Network simultaneously in all of its online poker markets.

“OlyBet is arguably one of the most experienced poker operators in Europe. In addition to online poker, OlyBet owners Olympic Entertainment Group is famous for organizing top European poker festivals such as the Battle of Malta and Kings of Tallinn,” said Jean-Christophe Antoine, Head of GGPoker. “We want OlyBet to become the dominant poker player in their markets and GGPoker will support OlyBet 100% in achieving this,” Antoine continued.

The news comes shortly after it was announced that the $100,000,000 guaranteed WSOP Super Circuit Online Series would be hosted on GGPoker Network with hundreds of individual events taking place from May 3 to May 31. “For OlyBet this announcement is perfect timing; we’ll give all our poker players a chance to get in on the thrilling WSOP Circuit action, all from the comfort and safety of their own homes,” Krünberg said.

After launching in Asia in 2014 and seeing rapid growth in recent years in Europe, Canada and elsewhere, GGPoker Network became the world’s largest online poker network and averages around 30,000 concurrent players. In late 2019, GGPoker Network made headlines when it guaranteed a total prize pool of $50,000,0000 in its GGSeries 3 online poker tournament series. The network’s pro team includes iconic poker players such as Daniel Negreanu, Bryn Kenney and Bertrand “ElkY” Grospellier.

OlyBet will switch to GGNetwork from April 30, 2020. The new poker software will be available on OlyBet in all local languages for both Windows and Apple computers, as well as for Android devices whilst iOS users should wait for OlyBet’s App Store launch.

 

About GGPoker:

GGPoker Network is the world’s largest online poker network and offers a range of innovative games and features such as the newly launched Jackpot Sit & Go Tournaments ‘Spin & Gold’, Fast-Fold Poker Rush & Cash, Tournament Staking… all designed to enhance gaming experiences and make poker more fun than ever. In May 2020, GGPoker will host the WSOP Super Circuit Online Series, an online poker tournament series featuring hundreds of events and massive cash prizes.

About OlyBet:

OlyBet is the largest provider of online poker, sports betting and casino games in the region, operating in the Baltics and Finland. OlyBet is the online brand of Olympic Entertainment Group, Europe’s leading casino operator. The group has more than 100 casinos in Estonia, Italy, Lithuania, Latvia, Malta and Slovakia.

Baltics

Lithuanian Regulator Imposes Fine of €6789 on 7bet

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The Lithuanian Gambling Supervisory Authority has issued 7bet operator Amber Gaming with a fine of €6789 for breaching the national laws brought in last year regarding the promotion of gambling.

An investigation from the Commission found that on 13 October and 4 November in 2021, and also on 4 February this year, Amber Gaming published content on its website that the regulator said encouraged consumers to gambling.

The Commission highlighted a number of statements that could be seen as promotional and content intended to draw players to gambling with the operator’s 7bet brand.

These statements included “Online casino: free spins and casino bonus” and “For those who want a greater sense of excitement, 7bet offers live real-time casino games. It gives you even more chances to win”.

Ruling on the case, the Commission said the published information was “aimed at drawing attention to the company, its offer, persuading and encouraging persons to participate in the company’s games”.

This, the regulator said, was considered to encourage participation in games and therefore breached Article 10 (19) of the country’s Ali.

It was established that the published information was aimed at drawing attention to the company, its offer, persuading and encouraging persons to participate in the company’s games, which is considered to encourage participation in games, therefore, the company violated the requirements of Article 10 (19).

Amber Gaming was also warned that similar breaches or failure to remove any promotional content could result in the operator having its licence in the country suspended.

The operator does have the option to appeal the decision.

Lithuania’s ban on gambling promotion came into effect on 1 July 2021, on the 20th anniversary of the Lithuanian Gambling Commission’s formation.

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Baltics

Industry-leading Sports Betting Brand William Hill Launched in Latvia

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The internationally well-renowned sports betting and online casino brand William Hill rolled out in Latvia. A quick market entry was made possible by rebranding the local sports betting brand 11.lv.

Acquired by the William Hill Group in 2019, 11.lv has operated under a local license in Latvia since 2012, growing to a top 3 player in the online sports betting and casino market in 2021.

The rebrand coincides with some significant sporting events in Latvia, including the 2022 IIHF World Championship this month and the Responsible Gaming Latvian Cup (Latvian FA) – which William Hill financially supports.

The company also intends to leverage existing media partnerships with bespoke creatives underpinned by the William Hill brand concept of Brotherhood, centred around the power sports and betting have to connect people in a responsible environment.

“I am very proud of the work done building 11.lv brand in the Latvian market, becoming one of the leading brands in the country. This makes us well-positioned to take this strategic step, and we look forward to introducing one of the strongest brands in the industry and proving to our Latvian customers that William Hill is who you play with,” Nir Hakarmeli, MD of William Hill International, said.

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Baltics

Betsson Group: Two Wins at the Baltic and Scandinavian Gaming Awards 2022

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Betsson Group: Two Wins at the Baltic and Scandinavian Gaming Awards 2022
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Betsson Group have won two awards at the Baltic and Scandinavian Gaming Awards! Launched in 2019, the BSG Awards ceremony are held as part of the MARE BALTICUM Gaming Summit, the leading boutique style gambling industry conference of the Baltic and Scandinavian region.

This year’s Awards and 5th edition of the MARE BALTICUM Gaming Summit were held on 12th May in Vilnius (Lithuania). The BSG awards aims to reward the hard work of companies within iGaming that are active in the Baltic and Scandinavian region. For a fully transparent process, the final winners of each category are decided by a special voting session during the conference.

Betsson was awarded as the Best Sports Betting Operator in the Nordics 2022, while Betsafe was awarded as the Best Sports Betting Operator in the Baltics 2022.

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