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Baltic regulators panel discussion and round table confirmed at MARE BALTICUM Gaming Summit (Tallinn, Estonia)

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MBGS2020-Tallinn Baltic regulators panel discussion and round table confirmed at MARE BALTICUM Gaming Summit (Tallinn, Estonia)
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Baltic regulators gather this August in Tallinn at the 3rd edition of the MARE BALTICUM Gaming Summit (live conference).

 

The Baltic online and land-based gambling industry has been hit hard by the COVID-19 lockdowns and tax revenues of the Baltic states have fallen drastically during the first semester of 2020.

In Estonia, the restrictions imposed due to coronavirus are having a significant impact on gambling tax receipts, to the extent they are paralyzing many activities, including those related to social welfare, financed by the tax and under the auspices of the Ministry of Social Affairs, the ministry says.

Lithuania’s gambling revenue for Q1 2020 has fallen 2.8% year-on-year to €25.9m, with an increased online contribution not enough to offset land-based declines caused by Covid-19.

Despite the decline in revenue, turnover across all licensees was up 13.8% to €296.5m in the three months to March 31. This was due to a significant jump in the contribution from online betting and gaming, which climbed 54.2% to €201.2m, meaning the channel accounted for 67.9% of market turnover in Q1. With Lithuania’s land-based venues closed from 16 March, turnover for the channel was down 20.8% to €94.3m.

The Latvian parliament (Saeima) has passed a bill on June 5 that effectively allows the return of gaming. Under the bill, both online and land-based gaming operations can return to business. As a result, the gambling industry in Latvia is planning to return as of June 9.

All gaming operations in Latvia were banned after a bill introduced on March 22. This was a direct result of the country’s government aiming at reducing the spread of coronavirus (COVID-19). Back in April, the Latvian government updated the bill, effectively banning online gaming with an instant effect.

At the live edition of MARE BALTICUM Gaming Summit that will be held on the 6th of August in Tallinn at Radisson Blu Hotel Olümpia Tallinn, the Baltic regulators are joining a unique panel discussion and round table discussion to bring the latest information about the outcome of the lockdowns, but also to discuss together with the industry the way forward.

The panel discussion will be moderated by the MARE BALTICUM Gaming Summit Ambassador, Andrius Gabnys (Attorney At Law – Gabnys Law Firm) and will be joined by Sören Meius (Estonian Ministry of Finance), Lolita Sumskaite (Ministry of Finance Lithuania) and Signe Birne (Director of Lotteries and Gambling Supervisory Inspection of the Republic of Latvia). More names from the Baltic regulatory bodies will be added in the upcoming weeks.

Make sure to book as fast as possible as the seating is limited! You can choose one of the packages that include either delegate pass or delegate pass and accommodation combo (VIP Package)!

As mentioned in earlier press releases, the conference is going ahead as planned and based on official sources, Estonia has allowed from June 1 for citizens from EU and EEA countries with a slow current spread of COVID-19 to enter the country without the requirement of a 14-day self-isolation period.

You can consult the list that is updated weekly on the following link.

As in earlier years, the conference will also feature the next edition of the Baltic and Scandinavian Gaming Awards (BSG Awards). Read more here…

MARE BALTICUM – The Baltic and Scandinavian Gaming Summit will once again bring together the leading companies in the Baltic and Scandinavian region for a full day of quality learning and networking with local regulators and industry experts.

You can find more details about the Agenda here or you can register here!

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

You can view the photo gallery from the inaugural event on the following link.

Browse the video archives of the panel discussions which were recorded on the 7th of May at the virtual edition of the conference.

For further inquiries about the 2020 live edition of MBGS and BSG Awards (6 August – Tallinn, Estonia), speaking/attending/sponsoring options, make sure to send an e-mail to Andrada Bota (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.

Visit www.marebalticumgaming.com for more details!

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Baltic regulators panel discussion and round table confirmed at MARE BALTICUM Gaming Summit (Tallinn, Estonia)

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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DAOGroup launches industry’s fastest blockchain platform

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daogroup DAOGroup launches industry’s fastest blockchain platform
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White label offering to provide no-deposit casino mechanics with real-time pay outs

 

DAOGroup, the iGaming cryptocurrency and blockchain solutions provider, has unveiled the industry’s fastest blockchain-based platform.

Boasting a transaction speed measuring as little as a second, DAO’s latest launch has been designed to revolutionise the industry’s mainstream acceptance of blockchain-based gaming.

Available as a white label solution, DAO’s use of blockchain enables operators to offer no-deposit gaming and real time pay outs in the industry’s first workable format.

Harnessing super-fast finality to determine a provably fair outcome almost instantaneously, DAO’s platform eliminates the need for players to deposit money ahead of playing – with winnings and losses extracted from the player’s digital wallet directly via the use of smart contracts.

In comparison, alternative blockchains such as Ethereum take more than 15 minutes to reach any level of probabilistic finality making real iGaming practically impossible.

With a surge in demand for crypto gaming in recent months, DAOGroup CCO Glen Bullen sees the platform’s launch as a kick-start towards player deposits becoming an outdated concept.

He added: “We’re dedicated to transforming the iGaming industry’s understanding and use of cryptocurrency and blockchain technology, with the launch of our platform coming at a pivotal time when that conversation is returning to the mainstream. 

“Crypto-based gaming has proved bullish in the last few months and we’re here to start bringing its benefits into the mainstream for operators. 

“As well as offering an entire ecosystem for the development and migration of blockchain-based games, we’re able to offer the industry’s fastest and most reliable platform with no-deposit mechanics and real-time pay outs.”

The company also unveiled DAOWallet in early 2020, delivering an advanced cryptocurrency-fiat gateway that enables operators to offer third-party cryptocurrency transactions without the need for additional AML and compliance procedures.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: DAOGroup launches industry’s fastest blockchain platform

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R. Franco Digital and GAMING1 partner for international expansion

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r-franco-digital-pgs-2019 R. Franco Digital and GAMING1 partner for international expansion
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Established market leaders to join forces for global operations

R. Franco Digital, R. Franco Group’s digital division, has signed an agreement with leading gaming and sports betting partner GAMING1, in a move that further enhances both companies’ growing worldwide appeal and development.

The deal gives GAMING1’s customers access to R. Franco Digital’s extensive catalogue of hit games such as Time Lab, Fortune Jungle and Magic Jewels, as well as R Franco Digital’s range of EGR-shortlisted award products and services, including its IRIS platform.

Likewise, GAMING1’s catalogue of 120+ in-house games are to be incorporated into R Franco Digital’s Spanish operator brand, Wanabet.

One of the gaming industry’s largest operators, GAMING1 operates more than 20 online gaming brands with land-based partner operators in Spain, Portugal, France, Serbia, Peru and Colombia.

With shared operations set to start in Belgium, their strategic partnership will extend to Spain (with circus.es), as well as Colombia (with zamba.com), with Malta to also follow.

The partnership is to further expand R. Franco Digital’s footprint as it enhances its presence across global regulated markets – following recent deals signed with the likes of Dafabet, 1XBet and BetConstruct.

Javier Sacristan, Director of R Franco Digital, said: “Working alongside a company as well-established as GAMING1 is the perfect way to deliver our immersive range of games to a growing global client base.

“Both companies share a strong land-based heritage with a proven track record for bringing operators into the online domain. We look forward to pooling our years of experience together to deliver one of the industry’s most efficient betting operations.”

Sabri Tekaya, General Manager at GAMING1, said: “Spain’s legendary gaming company needs no introduction, and we’re delighted to be signing a deal that will broaden both company’s international reach.

“Starting with our home market of Belgium, we plan to scale our shared operations together across Spain, Colombia and Malta – and I am fully confident that this will be the start of a long and productive business relationship.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: R. Franco Digital and GAMING1 partner for international expansion

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Playson to launch slots portfolio with Sesame’s new online casino

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playson-sesame Playson to launch slots portfolio with Sesame’s new online casino
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Casino software provider Playson has agreed a deal with Bulgarian gaming group Sesame to supply the company’s new online casino with its content.

With a 20-strong retail estate in locations across the country, the operator is strengthening its position in Bulgaria by launching a new online offering, with Playson’s range of games set to feature prominently.

An assortment of Playson’s hit games will go live with Sesame, including Pearl Beauty: Hold and Win, Solar Temple, Solar Queen, its Funky Fruits portfolio and Timeless Fruit Slots.

The operator’s offering will also be boosted by the addition of Playson’s integration-free engagement tools, which have been demonstrated to significantly increase player retention.

Blanka Homor, Sales Director at Playson, said: “Sesame is a well-respected operator in Bulgaria with highly promising commercial prospects, so we are delighted to have signed this agreement to launch our games with its new online casino.

“With an immersive range of in-game mechanics, inviting themes and engagement tools, our portfolio will undoubtedly be a hit with its players.”

Deyan Dimitrov, CEO of Sesame Online said: “Playson is earning a deserved reputation as one of the most dynamic slot providers on today’s market, so we are delighted to partner with the exciting games studio.

“The addition of engaging content such as Playson’s will help us attract new customers by offering fresh and exciting gaming experiences to an ever-expanding fanbase.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Playson to launch slots portfolio with Sesame’s new online casino

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