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Post-Event: MARE BALTICUM Gaming Summit Tallinn (hybrid edition), the first of its kind

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5 years ago

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The third edition of the MARE BALTICUM Gaming Summit took place on the 6th of August in Tallinn and has organized under special circumstances. Due to the travel restrictions, which change weekly in Europe among the states, we had to switch to a hybrid conference.

The hybrid format allowed the speakers and moderators who were restricted from traveling to attend the conference with the help of streaming technologies.

Thanks to this quick fix, the conference has once again been confirmed as the only quality conference in the region that gathers a high number of important delegates and provides quality content about the Baltic and Scandinavian region.

The agenda of the conference included several panel discussions, a fireside chat, several networking opportunities, and last but not least the second edition of the BSG Awards (Baltic and Scandinavian Gaming Awards) which rewarded the top 36 companies from the Baltic Sea region for their hard work.

With this occasion, we would like to thank the supporting sponsors of the unique boutique-style conference and the praises go to:

The attending delegates had the unique opportunity to hear the recent updates and enjoy network sessions with some of the leading names of the industry. You can find the full list of speakers below at the end of the press release!

The audio recordings of the panel discussions and videos will are available for European Gaming PREMIUM Members.

“We are navigating uncharted waters, but it is very important to motivate ourselves that we have already gone through a hard road to get here. We owe ourselves not to give up and to continue our path. It was very hard to decide if we will host the 2020 edition of MARE BALTICUM Gaming Summit, but having the attention of so many companies that were interested to attend from the region, we had to do it. We of course were limited in terms of size by the local law, however, we are happy to say that at least some of the Baltic industry’s like-minded peers have had the occasion of shaking hands and hugging each other. Special thanks to our MARE BALTICUM Ambassador Andrius Gabnys and Jovita Gabnienė, our TECH Conference Ambassador in the Baltics, for helping us by being on the ground in Tallinn. MARE BALTICUM Gaming Summit is an awesome platform that grows year by year and we are thankful to have this opportunity to meet so many great people each year. We are coming back next year as well and we will keep coming back yearly!” stated Zoltan Tuendik, Head of Business at European Gaming Media and Events (part of Hipther Agency)

As usual, the conference featured the yearly Baltic and Scandinavian Gaming Awards (BSG Awards) and the winners have been decided by a final vote, which was submitted by the attending participants.

The winners at the BSG Awards 2020 are the following:

1/36 – BEST ONLINE CASINO IN THE BALTICS 2020: PAF
2/36 – BALTICS – BEST CUSTOMER SUPPORT IN ONLINE CASINO 2020: OPTIBET
3/36 – BEST SPORTS BETTING OPERATOR IN THE BALTICS 2020: BETSAFE
4/36 – BALTICS – BEST CUSTOMER SUPPORT IN SPORTS BETTING 2020: CBET
5/36 – BEST ESPORTS SERVICE PROVIDER IN THE BALTICS 2020: SPORTRADAR
6/36 – BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE BALTICS 2020: GOLDEN RACE
7/36 – RISING STAR IN BALTIC FANTASY SPORTS / VIRTUAL SPORTS 2020: DS VIRTUAL GAMING
8/36 – RISING STAR IN BALTIC SPORTS BETTING TECHNOLOGY 2020: SINGULAR
9/36 – BEST SPORTS BETTING INNOVATION IN THE BALTICS 2020: SG DIGITAL
10/36 – BEST SPORTS BETTING PROVIDER IN THE BALTICS 2020: SOFTGAMINGS
11/36 – BEST MOBILE BETTING PROVIDER IN THE BALTICS 2020: GOLDEN RACE
12/36 – BEST ONLINE CASINO PROVIDER IN THE BALTICS 2020: TOM HORN GAMING
13/36 – BEST ONLINE CASINO INNOVATOR IN THE BALTICS 2020: BETGAMES.TV
14/36 – BEST SLOTS PROVIDER IN THE BALTICS 2020: EVOLUTION GAMING
15/36 – BEST LIVE CASINO PROVIDER IN THE BALTICS 2020: EVOLUTION GAMING
16/36 – RISING STAR IN BALTIC ONLINE CASINO TECHNOLOGY 2020: MICROGAMING
17/36 – BEST PAYMENT SERVICE PROVIDER IN THE BALTICS 2020: CONNECTPAY
18/36 – BEST TESTING LABORATORY IN THE BALTICS 2020: GAMING LABORATORIES INTERNATIONAL(GLI)
19/36 – BEST ONLINE CASINO IN THE NORDICS 2020: CASUMO
20/36 – NORDICS – BEST CUSTOMER SUPPORT IN ONLINE CASINO 2020: NINJA CASINO
21/36 – BEST SPORTS BETTING OPERATOR IN THE NORDICS 2020: BET365
22/36 – NORDICS – BEST CUSTOMER SUPPORT IN SPORTS BETTING 2020: OPTIBET
23/36 – BEST ESPORTS SERVICE PROVIDER IN THE NORDICS 2020: ULTRAPLAY
24/36 – BEST FANTASY SPORTS / VIRTUAL SPORTS PROVIDER IN THE NORDICS 2020: SCOUT GAMING GROUP
25/36 – RISING STAR IN NORDIC FANTASY SPORTS / VIRTUAL SPORTS 2020: GOLDEN RACE
26/36 – RISING STAR IN NORDIC SPORTS BETTING TECHNOLOGY 2020: ALTENAR
27/36 – BEST SPORTS BETTING INNOVATION IN THE NORDICS 2020: NSOFT
28/36 – BEST SPORTS BETTING PROVIDER IN THE NORDICS 2020: TGLAB SPORTSBOOK & MODELLING
29/36 – BEST MOBILE BETTING PROVIDER IN THE NORDICS 2020: BEST GAMING TECHNOLOGY (BGT – PLAYTECH)
30/36 – BEST ONLINE CASINO PROVIDER IN THE NORDICS 2020: NETENT
31/36 – BEST ONLINE CASINO INNOVATOR IN THE NORDICS 2020: TOM HORN GAMING
32/36 – RISING STAR IN NORDIC ONLINE CASINO TECHNOLOGY 2020: GREENTUBE
33/36 – BEST SLOTS PROVIDER IN THE NORDICS 2020: PLAY’N GO
34/36 – BEST LIVE CASINO PROVIDER IN THE NORDICS 2020: EVOLUTION GAMING
35/36 – BEST PAYMENT SERVICE PROVIDER IN THE NORDICS 2020: TRUSTLY
36/36 – BEST TESTING LABORATORY IN THE NORDICS 2020: GAMING LABORATORIES INTERNATIONAL(GLI)

To have the award delivered to your office, please contact Andrada Marginean for more details.

You can view the full official image gallery of the conference on the following link: https://www.flickr.com/photos/165468093@N04/albums/72157715457973032

The 2021 edition of MARE BALTICUM Gaming Summit is scheduled for May 2021 and the location will be revealed soon based on a final surveying and strategy setting.

We are already working hard on our next events and we look forward to seeing you in the digital sphere at European Gaming Congress 2020 Virtual Edition!

Here are a few of the testimonials that have left by the attending delegates of the 2019 edition of MARE BALTICUM Gaming Summit:

Jan Urbanec (CEO at Endorphina): “I very much enjoyed the fresh and dynamic approach of the organizers. Even though all imaginable obstacles were in front of them, they were very flexible and facilitated us to have a great panel with top panelists. The topic of casino and sportsbook cross-promotion post-COVID will still require more deep exploration with experience and time”

Priit Pajumaa (Head of Online Operations at Olympic Entertainment Group): “Great event with high focus on Baltic markets with industry side notes”

Ineta Macinskiene (Head Of Sales at ConnectPay): “The concept of gathering Operators-Regulators-Service providers for sharing news, insights and open discussions are bringing a high value. Well done with a hybrid conference in Tallinn 2020!”

The lectures and industry insight during the conference were given by:

Andrius Gabnys (Attorney At Law – Gabnys Law Firm), Lolita Sumskaite (Head of Unit at Ministry of Finance, Lithuania), Signe Birne (Director of Lotteries and Gambling Supervisory Inspection of the Republic of Latvia), Sören Meius (Estonian Ministry of Finance), Janis Laganovskis (Lotteries and Gambling Supervision Inspection of the Republic of Latvia), Rūta Giedrienė (Compliance and Regulatory Officer at the Gaming Control Authority of Lithuania), Dr. Simon Planzer (Partner at PLANZER LAW), Dainis Niedra (Managing Director Central & Eastern Europe at Enlabs), Kaido Ulejev (Commercial Director CEECA at Betsson Group), Karolis Gogaitis (General Manager at CBet.lt), Kristaps Dobrajs (Sales Director at ConnectPay), Henrik Norsk Hoffmann (Partner at Nordic Gambling), Gustaf Hoffstedt (Secretary-General at the Swedish Trade Association for Online Gambling), Jakub Kolomicenko (Head of the legal department at Endorphina), Dr. Joerg Hofmann (Partner at MELCHERS LAW), Araksi Sargsyan (Head of Business Development at DS Virtual Gaming), Robert Dowling (Chief Commercial Officer at Singular), Nadiya Attard (Director of Sales at Relax Gaming), Jan Urbanec (CEO at Endorphina), Justinas Badaras (Business Development Manager at Bankera), John Mallia (Team Manager – Gaming Accounts at Trustly), Dmitrijus Borisenka (Co-Founder and CEO of CoinGate), and Sergei Verbitski (CEO of Cointraffic).

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

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SYNNET CMS Officially Live in Latvia

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3 weeks ago

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March 14, 2025

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After extensive development and rigorous testing, the SYNNET Casino Management System is now fully operational at Joker.lv gaming halls in Latvia. This marks a major milestone in the company’s long-term vision of delivering a powerful, intelligent and scalable solution for managing gaming establishments with maximum efficiency.

The launch of SYNNET represents a shift in the way casinos and gaming halls are monitored, managed and optimised. Designed to streamline daily operations, enhance decision-making and improve overall efficiency, SYNNET provides comprehensive control over every aspect of a gaming venue.

Among its standout features, SYNNET includes:

• Integrated jackpot system – Seamlessly manage and customise jackpot configurations across multiple gaming machines.

• Advanced dashboards & widgets – Get real-time insights into casino performance, financials and player behaviour through an intuitive and fully customisable dashboard.

• Floorplan management – A visual representation of all gaming machines and tables for optimised space utilisation and operational efficiency.

• Marketing campaign automation – Target and engage players effectively with built-in tools for promotions and personalised offers.

• Geographic mapping of operations – Gain an overview of all locations, allowing for efficient monitoring and remote management of multiple branches.

With 35 branches and 1150 gaming machines now fully integrated into the SYNNET ecosystem, casino operators can leverage data-driven insights to enhance performance and player engagement like never before.

The post SYNNET CMS Officially Live in Latvia appeared first on European Gaming Industry News.

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The Lithuanian Gaming Control Authority (LPT) has completed its inspection: Olympic Casino has been fined almost 8.4 million euros

Published

4 weeks ago

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March 10, 2025

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The company Olympic Casino Group Baltija (OCGB) did not take sufficient steps to identify the origin of Šarūnas Stepukonis’ losing funds, and the monitoring of his financial transactions was only formal and ineffective. Such violations were identified by the Gaming Supervisory Authority, which conducted an inspection of OCGB’s activities in Lithuania. The company was fined almost 8.4 million euros.

The Gaming Supervisory Authority (LPT) investigated the actions taken by OCGB in response to Š. Stepukonis’ transactions on the company’s gaming website from December 2016 to the end of June 2021. The law obliges gaming operators to ensure that customer funds are not obtained from criminal activities or through participation in such activities. It is also mandatory to verify the origin of the funds. LPT found that the measures applied by OCGB were poor and insufficient, and the monitoring of Š. Stepukonis’ transactions was formal.

Gambling organizers must report suspicious transactions to the FNTT. Š. Stepukonis’ transactions had obvious signs that should have raised suspicions for the gambling organizer. However, the FNTT was not informed about this.

During the inspection, evidence was also collected that Š. Stepukonis’ gambling was irresponsible. The gambling company should have noticed this, especially since the client was assigned a personal manager who saw all of his transactions.

“Instead of finding out whether Š. Stepukonis had a gambling problem or informing the supervisory authority, Olympic Casino encouraged him to gamble even more. An individual incentive package was prepared for him. A total of 1.3 million euros was allocated for this. This “bonus” could only be spent on gambling. Other incentives were also allocated,” – comments on the results of the inspection by LPT Director Virginijus Daukšys.

Since mid-2021, gambling companies in Lithuania have no longer been allowed to offer incentives to their customers that they would later lose. Just before this tightening came into effect, Š. Stepukonis’ virtual gambling was moved from Lithuania to Estonia, where it was still allowed to encourage gamblers.

In this way, it was possible not only to maintain incentives for gambling, but also to avoid supervision by the LPT. If an ordinary gambler from Lithuania tried to go and register on the Estonian Olympic Casino website, he would be redirected to the Lithuanian website. However, in the case of Š. Stepukonis, the redirection was not carried out. These circumstances are part of the pre-trial investigation.

During the inspection, a total of five violations of the provisions of the Law on the Prevention of Money Laundering and Financing of Terrorism and the Law on Gambling were identified.

The law allows for a fine of up to twice the amount of damage caused. The damage was determined to be 6.4 million euros – the amount Š. Stepukonis lost at the Olympic Casino in Lithuania. When calculating the fine, an aggravating circumstance was taken into account – the company did not cooperate during the inspection.

According to V. Daukšys, after this story came to light, steps were taken to prevent similar cases from recurring. The most important change is the law, proposed by the LPT, which obliges gambling companies to take action upon noticing irresponsible gambling and to provide information about it to the LPT.

“Until now, there was no such obligation. Therefore, the LPT did not have information that would allow it to take preventive actions in advance,” says V. Daukšys.

The new Gambling Law will come into force in November this year. Its aim is to reduce the accessibility, attractiveness and potential harm to personal health of gambling.

LPT also reviewed its procedures, adjusted internal procedures, allowing for more frequent scheduled inspections of the activities of gambling companies. In addition, the Ministry of Finance conducted an audit of LPT’s activities. No significant operational deficiencies were identified during the audit. LPT took into account the audit recommendations and allocated more human resources to money laundering prevention functions.

 

Source: Gambling Supervisory Authority under the Ministry of Finance of the Republic of Lithuania

The post The Lithuanian Gaming Control Authority (LPT) has completed its inspection: Olympic Casino has been fined almost 8.4 million euros appeared first on European Gaming Industry News.

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PaymentFarm Rolls Out Innovative AI Anti-Fraud System and Global Card Processing Solutions for PSPs, iGaming and High-Risk Markets

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1 month ago

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March 5, 2025

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PaymentFarm, a global leader in payment processing solutions for high-risk industries, announced a series of groundbreaking advancements aimed at helping iGaming businesses and Payment Service Providers (PSPs) expand their operations and significantly reduce processing costs. This year, PaymentFarm has successfully integrated an AI-driven anti-fraud monitoring system into its platform while introducing the most competitive card processing rates available worldwide.

In today’s fast-paced digital economy, high-risk sectors such as iGaming face unique challenges—ranging from fraud prevention and compliance complexities to managing steep transaction fees. Recognizing these hurdles, PaymentFarm has taken decisive action to address them head-on. The newly integrated AI anti-fraud system offers real-time transaction monitoring and intelligent risk analysis, effectively reducing chargebacks and minimising raudulent activities. By harnessing sophisticated machine learning algorithms, the system detects anomalies and patterns that traditional methods often miss, ensuring that each transaction is secure and that businesses can operate without disruption.

At the same time, PaymentFarm has overhauled its card processing framework to offer unmatched global rates. By collaborating with a broad network of financial institutions and payment channels, the company delivers secure, scalable solutions that enable iGaming operators and PSPs to manage costs more effectively while expanding into new markets. These strategic improvements not only lower operational expenses but also help businesses navigate regulatory challenges and meet the ever-evolving demands of global commerce.

“At PaymentFarm, we understand that businesses operating in high-risk sectors require not just robust security, but also cost-efficient and scalable payment solutions. Our commitment to innovation is evident in our recent integration of AI-powered fraud detection and our relentless pursuit of the best processing rates in the industry. We are excited to help our clients overcome traditional barriers and achieve sustainable growth worldwide,” Olga Strelnikova, Senior Business Developer at PaymentFarm, said.

The post PaymentFarm Rolls Out Innovative AI Anti-Fraud System and Global Card Processing Solutions for PSPs, iGaming and High-Risk Markets appeared first on European Gaming Industry News.

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