twain-sport’s-debut-events-launch-with-t-basket-tournament

Twain Sport’s debut events launch with T-Basket tournament

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Twain Sport, the newly launched live sport vertical from the Hybrid Sports League and BetGames, is set officially kick-off this week with its first official tournament game of the season.

The much-anticipated hybrid sport tournament gets started in Vilnius in a custom-built arena, bridging the gap in demand for increased live sport with high-frequency entertainment.

The initial sport, T-Basket, will deliver head-to-head basketball tournaments every hour – with a match every three minutes, totalling 6300 monthly – with bettors able to enjoy an extensive range of betting markets via an intuitive mobile-first designed UI.

T-Basket features professional athletes competing head-to-head to score the most points in 60 seconds. With eight players in a tournament and a new game every three minutes, a full tournament experience is broadcast in just one hour with 14 tournaments and many hours of action every day.

With a host of additional launches in the pipeline, Twain Sport will deliver a similar sporting schedule to Esports and Virtual Sports, with plans to extend its product offering significantly in 2023 and beyond.

All competitions will be subject to stringent, market leading integrity measures using Sportradar’s Fraud Detection System and implementing anti-match fixing protocols, enabling Twain Sport to offer its tier-one operator partners the world’s very best protection.

Commenting on the launch, BetGames’ CEO Andreas Koeberl said: “It is great to see the first T-Basket tournament get underway. This is a moment which is going to change the way our industry looks at live entertainment in relation to sports betting, while offering a fun to watch, easy to understand concept for players.”

“We are truly innovating this space, creating an entire new vertical which has long been needed to meet the demand for increased live sport with high-frequency entertainment. The anticipation of witnessing the first tournaments has already got me excited for where this can lead, with a comprehensive range of markets the end objective.”

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ParlayBay to expand in Lithuania with TOPsport agreement

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ParlayBay, the provider of innovative sports betting titles, has agreed to deliver its thrilling games to operator TOPsport, increasing the provider’s reach and allowing more players to enjoy its product offering.

The deal sees ParlayBay’s entire game portfolio provided to TOPsport.lt, including the company’s exciting STREAK, BOSS, GEKKO, CUT and RUSH games – with the integration set to be completed towards the end of the year.

The agreement heralds further European expansion for ParlayBay’s new and exciting brand, giving Lithuanian sports bettors the chance to enjoy its state-of-the-art products.

Strategically positioned to transform sports betting markets, the supplier is continuing to ramp up delivery of its game-changing and player-centric experience to sports bettors.

Parlaybay’s games are fast and consist of short rounds, appealing to the rapid consumption preferred by younger demographics. They also feature elements seen in casino games, giving players a familiar and social experience and combining the best of many popular products through a UI/UX-focused design.

Patrick Nordwall, CEO at ParlayBay, said: “TOPsport is one of the most recognised operators in Lithuania, with fantastic vision for the future of iGaming.  We are so proud to be able to announce our alliance with a partner that shares our passion for innovative products in our industry.

“This winter, Lithuanian TOPsport players will be able to experience our outstanding sports betting games and unique player experience.”

Dainius Gulbinas, CEO at TOPsport, said: “ParlayBay is an ambitious iGaming company that will help us to lift our online portfolio to another level, thanks to its pioneering products.

“We’re on the same page as ParlayBay and feel that innovation in sports betting has yet to reach its full potential so we’re excited to work together to reach this goal.”

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Lithuanian Gambling Revenue Up 66% to €89.3M in H1 2022

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Gambling revenue in Lithuania increased 66% YoY in H1 2022 as customers returned to land-based venues following the removal of Covid-19 restrictions.

Gross revenue for the six-month period amounted to €89.3m, up from €53.8m in the previous year when Covid-19 measures continued to affect land-based casinos, slot parlours and retail betting.

Land-based gaming revenue was up 1139.3% from €2.8m in 2021 to €34.7m. Category B slot machines with €0.50 stake limits were the main revenue generator, accounting for €15.3m. Uncapped category A generated €6.2m. Lottery ticket sales reached €65.2m, up 3.2%.

Online gambling also continued to grow despite the return of land-based options and the tight marketing restrictions on online gaming. Revenue was up 7.7% YoY at €54.9m. Category A online slots generated €15.5m and category B slots €683,313. Online sports betting revenue hit €9m and table games €3.5m.

lithuanian-regulator-issues-fines-to-gaming-strategy-group-and-tete-a-tete-casino

Lithuanian Regulator Issues Fines to Gaming Strategy Group and Tete-a-Tete Casino

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Lithuania’s Gambling Supervisory Authority has issued fines to Gaming Strategy Group, the operator of Betsson-owned Betsafe in the country, and Tete-a-Tete Casino.

Gaming Strategy Group was fined €25,000 for breaching rules regarding advertising after it distributed a newsletter to 10,430 customers about an online game.

Sent in February this year, the newsletter included information about the game and its features, as well as the option for players to click on links to log in to their account or to request a new password if they had forgotten their login details.

Last year, the Lithuanian government introduced a ban on range of gambling advertising, including promotional bonuses. The law on gambling prohibits the promotion of gambling through activities such as special events, test games, promotions, discounts, gifts and other incentives.

In its ruling, the Gambling Supervisory Authority said that as the newsletter’s intention was to draw attention to a gambling service and specific details about the game, including its win percentage and free spins features, this was in breach of Article 10 (19) of Lithuania’s gambling regulations (ALI).

In the case of Tete-a-Tete Casino, the Gambling Supervisory Authority issued the operator a fine of €15,000 for allowing players located outside Lithuania to gamble through its website remotely.

The regulator said this breached Article 205, Part 3, Article 201, Part 1 of the ALI as gambling with an operator licensed in Lithuania while not physically located in the country is illegal on the part of the gambling operator.

Tete-a-Tete Casino was also warned that its licence could be suspended if it does not put in place the relevant processes to halt such activity in the future. The operator has until 10 August to comply with the request.

The Gambling Supervisory Authority noted that neither decision was final, and both of the operators can appeal the rulings.

breaking-into-the-baltics:-apigrator-is-certified-in-lithuania

Breaking into the Baltics: APIgrator is certified in Lithuania

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APIgrator, an innovative solution for the rapid integration of games into gambling platforms, is now certified on the Lithuanian market.

Lithuania only recently popped up on the iGaming industry’s radar, but thanks to its dynamic economy and the pro-gambling stance of its government, it has quickly attracted the attention of the gambling community. Online casino operators are eager to take advantage of the country’s growing gambling market. Slotegrator can help them make the most of the opportunity — the company’s APIgrator solution was just certified in the country.

The main event in the Lithuanian gambling market in recent years is the inclusion of online gambling regulation in the country’s Gambling Law. Since its legalization in 2016, iGaming revenue has at least tripled. And in July 2022, the Lithuanian Seimas approved additional amendments to the national Gambling Law and the Law on Lotteries and Gambling Taxes as part of ongoing reforms in the legislation of the Baltic States.

The key change brought about by the new legislation is the introduction of a new remote gambling license. Now, licensees no longer need to run any land-based gambling establishments.

In 2020, as in other countries, due to the mandatory lockdown, the income of land-based gambling establishments in Lithuania dropped sharply. The market sank 8.1% to €103.5 million. At the same time, iGaming’s vertical revenue increased by 47.1% to €59.6 million in gross gaming revenue. After almost doubling their GGR in a year to reach €29.4 million, online slots have become the main source of revenue.

The Lithuanian iGaming market is expanding, enabling operators and players to use new features, including the ability to integrate gaming content into gambling sites.

Ayvar Gabidullin, Business Development Manager at Slotegrator, commented on the product’s entry into the Lithuanian market: “We’re incredibly excited that APIgrator is certified in Lithuania. The market’s rapid growth has really captured our attention, and now we’re looking forward to working with clients to offer Lithuanian players the best possible iGaming experience.”

Operators that use the game content integration solution can already enter the Lithuanian market with their offer. APIgrator provides access to over 15,000 certified games from over 100 licensed industry developers — including slots, live dealer games, poker, virtual sports, and card and casual games — with a single API integration.

The solution allows you to save time, minimize costs, and eliminate administrative work. The operator does not need to provide technical support for individual integrations, conduct lengthy negotiations with suppliers, negotiate deal terms and enter into contracts with each provider separately. Comprehensive verification is also not required: the developer has a long-term trusting partnership with all game developers. By concluding one contract, the online casino operator gets access to the offers and promotional tools of any of the providers.

twain-sport-celebrates-launch-with-lithuanian-basketball-champions

Twain Sport celebrates launch with Lithuanian basketball champions

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Rytas Vilnius 2022 LKL winners try out new revolutionary sport

 Twain Sport, powered by the Hybrid Sports League and technology partner BetGames, hosted Lithuanian basketball champions Rytas Vilnius, to commemorate the launch of its new specialised hybrid sports vertical (T-Basket).

The recent 2022 Lithuanian Basketball League champions were the first professional team to participate in Twain Sport’s new hybrid basketball tournament (T-Basket), which is set to be launched by the Hybrid Sport League in collaboration with its partner company, BetGames.

The day’s celebratory competition with Rytas Vilnius saw the league’s top players compete head-to-head in 60 seconds of action to score the most points while shooting from different distances, randomly selected by computer.

Rytas Vilnius sports director, a former basketball player and 2009 EuroCup champion, Donatas Zavackas, ended the day by winning both tournaments played.

The Hybrid Sport League is the sport’s governing body and will coordinate and supervise the exciting new events schedule, which is set to commence in August 2022 in custom-built arenas across selected European locations.

Twain Sports’ series of hybrid tournaments will offer premium high-frequency action-packed sports, starting with T-Basket, with will deliver a full, head-to-head tournament every single hour – totalling a new match every three minutes.

The highly anticipated league is set to satisfy the demand for increased live sport with a high-frequency entertainment format, while maintaining the highest integrity protocols with safeguarding systems.

Commenting on the event, BetGames’ CEO Andreas Koeberl said: “It was a fantastic occasion to welcome the Vilnius Rytas basketball team to experience the thrill of T-Basket. Top professional athletes competing against each other in such an environment was great to see and made the absolute most of the new concept.

“Twain Sport is all about fast-paced entertainment, and with the tournaments going live in a matter of months, we are really excited to be partnering up as we begin announcing our first operator deals. Alongside this, we’re also going to be rolling out our football-themed tournaments (T-Kick) and more in 2023 and beyond.”

Giedrius Žibėnas, Head Coach for Vilnius Rytas added: “It’s an exciting opportunity to try this new concept, combining a fresh idea of entertainment and sport. The players never know if they are the winner or loser until the score appears at the end, creating a very competitive environment, even for professional athletes.”

“Nobody was entertained with 3×3 basketball at first – and while they said it’s impossible to become part of Olympics, we’ve already seen it expand into what it is today. I believe the same is true here. Even pro players are now choosing between 3×3 or 5×5 basketball. If you expand globally, you will find your audience.”

Chairman of the Hybrid Sports League, Sarunas Mazalas commented: “Our partnership with BetGames is a massive step forward for the Twain Sport project. Our league will now be streamed all around the world and we’re ready to transform the world of sports. It’s been a pleasure to host the Vilnius Rytas team and get the approval of a winning team to our winning concept.”

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Real Betis and Olybet sign a partnership deal

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Real Betis Balompié have signed a partnership agreement with the sports betting brand Olybet for the Baltic region.

Ramón Alarcón, general business manager at Real Betis, showed his satisfaction about the deal: “Partnering with Olybet, the top sports betting brand in the region, provides a larger scale of digital platforms to engage fans and players and develop professional football as a great sports show.”

“Congratulations to the winners of the Copa del Rey trophy! Real Betis is a great team with a long history and ambitions for future,” said the chairman and CEO of Olympic Entertainment Group and OlyBet Group, Corey Plummer and added that their customers will now receive more opportunities to engage with the football club via live broadcasts and games, local events, social media and the best betting experiences in Europe.

OlyBet has been recognised as the leading market player in the Baltic states for a long time and has positioned itself strongly throughout Europe during the last few years. According to Plummer, OlyBet’s recent partnerships with international sports brands, Real Betis, NBA, NHL, AC Fiorentina and sportsman Luka Modri?, have laid a solid foundation for OlyBet’s brand positioning and growth in Europe.

Plummer added that OlyBet and OlyBet TV, offer a new form of participation for sports fans. The overall idea is to combine sports entertainment and news via OlyBet TV platform. Fans in European countries with OlyBet’s presence have the possibility to partake through the betting environment of the OlyBet sports portal. OlyBet Club provides loyal customers the possibility to attend major sports events, meeting and encouraging professional players at home stadiums and joining exclusive entertainment experiences.

hipther-announces-resounding-success-for-mare-balticum

HIPTHER announces resounding success for MARE BALTICUM

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Events agency now gearing up for Prague Gaming Summit on June 21st

European Gaming, Hipther Agency’s Central and Eastern European betting and gaming media platform, has celebrated its return to live events with a resounding success at the MARE BALTICUM Gaming Summit.

The summit was held on May 12, 2022, in Vilnius, Lithuania, at the eco-friendly Radisson Blu Royal Astorija Hotel, located in the Baltic capital’s UNESCO-certified old town.

The fifth edition of Hipther’s boutique European Gaming summit marked the return of the Baltic region’s first in-person gaming event since the onset of COVID in 2020.

Dedicated to providing a platform for discussion between the two regions’ regulatory authorities, operators and suppliers, the MARE BALTICUM Gaming Summit featured a full day’s panel discussions and presentations from leading figures in the iGaming industry, totalling more than 80 industry delegates.

After promising a hugely impressive roster of regional thought leaders and regulatory authorities, Hipther delivered, with the likes of Dainis Niedra (Managing Director Central & Eastern Europe at Enlabs), Kaido Ulejev (Commercial Director CEECA at Betsson Group) and Maria McDonald (Managing Partner at Nordic Gambling).

Providing a unique open platform for stakeholders and industry operators, as well as a wealth of networking opportunities for gaming executives, the MARE BALTICUM Gaming Summit was sponsored by Tom Horn, Endorphina and Nordic Gambling.

Alongside the summit were the Baltic and Scandinavian Gaming Awards (BSG), launched in 2019, which have become the most important gaming industry awards in the region.

Totalling 28 nomination categories, BSG awards were established to provide an independent, fair and representative awards event that recognises significant achievements across the Baltic and Scandinavian gaming industries, and this year was no different.

Among the winners of the wide selection of highly competitive categories, were Betsson, who was awarded the Best Sports Betting Operator in the Nordics 2022 title, whilst Altenar won the Best Sports Betting Provider in The Baltics 2022, as well as BetGames taking home Best Live Casino Provider.

Commenting on the success of the MARE BALTICUM Gaming Summit, Zoltan Tuendik, Founder and Head of Business and Events at European Gaming and Hipther Agency said:

“It was a pleasure to provide the industry with the MARE BALTICUM Gaming Summit – proving to be the region’s first proper in-person gaming conference in three years.

“Whilst we have always been aware of the value of the networking opportunities, panel discussions and BSG awards, we were thrilled to see the demand of the summit translated into a sell-out event, with a wonderful opportunity to bring everyone back together.

“With just one month to go, we are now gearing up for the Prague Gaming Summit, which has also grown year on year. This is a key event in the Central and Eastern European region and one of our longest-standing conferences.

“We aim to bring a wealth of information within quality networking spaces as well as a focus on the DACH region’s main regulatory updates.”

The Prague Gaming Summit is Central and Eastern Europe (CEE)’s largest betting and gaming industry conference.

The fifth edition of the show, organised by European Gaming and Hipther Agency, will take place on the 21st June 2022 at Vienna House in Prague’s Andel district, starting at 08.45am.

The event already has record number of sponsors confirmed, including Tom Horn Gaming and Nordic Gambling. With a limited number of sponsorship packages still available, interested companies can contact: Andrada Marginean, B2B Sales Manager at Hipther Agency, by email on [email protected].

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Wazdan wins two awards at Baltic and Scandinavian Gaming Awards

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Wazdan awarded the titles of the Best Slots Provider in the Baltics 2022 (B2B) and the Rising Star in Nordic Online Casino Technology 2002 (B2B)

Wazdan, the innovative games provider, has won two awards at the recent Baltic and Scandinavian Gaming Awards (BSG Awards).

Wazdan was recognised in both the Best Slots Provider in the Baltics (B2B) and Rising Star in Nordic Online Casino Technology (B2B) categories, highlighting the impressive reach the provider boasts across both regions.

The award recognised outstanding achievements in the regions across 28 categories, with the final results decided by delegates of the Mare Balticum Gaming Summit.

Wazdan has enjoyed a positive start to 2022, releasing a number of thrilling new titles headlined by its new innovative slot, Magic Spins™, while also entering the recently regulated Ontario market.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “We’re extremely proud to have won two awards at the recent BSG Awards. The Baltic and Nordic regions are important regulated markets for us in Europe. We’re always looking to bring excellent gaming experiences to players and it’s fantastic that we’ve been recognised for our products.

“It’s a testament to the hard work of the entire team. Congratulations to all winners!”

betsson-group:-two-wins-at-the-baltic-and-scandinavian-gaming-awards-2022

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.