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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.

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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.

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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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New Survey Reveals 80% of Lithuanians Would Welcome a Ban on Gambling Ads

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Eight out of 10 Lithuanians would approve of a ban on gambling ads in the country, a new survey revealed.

The survey commissioned by public broadcaster LRT was carried out by the public opinion and market research company Baltijos tyrimai. It showed that 80% of respondents aged 18 years and over are in favour of a complete ban on gambling ads in Lithuania and just 15% would oppose the move.

It has transpired that approval of the gambling ad ban was greater among women than men – 86% against 72% respectively. The move has also wide support among residents aged over 50 (84%) and by people with greater than secondary education and with monthly household income of up to EUR 1100 (85%). Opponents of the ban often include men (21%), young people under 30 years of age (23%), rural residents (18%) and people with unfinished secondary education (30%). 1115 adult residents of Lithuania were polled on 15-25 March.

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In mid-March, parliament began to consider amendments to the law on gambling, which, if adopted, would prohibit gambling advertisements as of 1 January 2025.

The post New Survey Reveals 80% of Lithuanians Would Welcome a Ban on Gambling Ads appeared first on European Gaming Industry News.

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Lithuania’s Nese enters iGaming with a record sponsorship deal

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Nese, Lithuania’s oldest land-based casino operator, has launched Twinsbet – a new iGaming and sportsbook brand with a focus on sports sponsorships. The company entered into a 3-year long, €7.5 million sponsorship deal with the Wolves basketball club and secured the Avia Solutions Group Arena naming rights.

 

Twinsbet enters the highly competitive Lithuanian market with naming rights to the largest Vilnius indoor arena, title sponsorship of the Wolves basketball club competing locally and in the Eurocup, and celebrity former basketball players, the Lavrinovic twins, as main ambassadors. This sponsorship deal is worth at least €7.5 million for the next three years and may increase to €10 million if certain conditions are met.

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Such a sports and iGaming sponsorship deal is among the largest in Lithuanian history. Nese will seek further collaborations with various sports organizations, focusing on both professional and leisure sports activities.

According to Alvidas Paulikas, Nese’s CEO, the company aims for the leading position locally and seeks to become the first Lithuanian operator to expand internationally.

“Twinsbet is centered around the idea that we believe in sports. For this reason, we are heavily investing in and supporting sports, including the Wolves basketball club and the Twinsbet Arena, as well as other collaborations we are currently investigating and are always open to. We plan to support local teams and non-professional sporting activities in new markets that we will enter soon,” says Paulikas.

Andrius Ziauberis, the CEO of both the Wolves basketball club and the Twinsbet Arena, says that the deal with Twinsbet will strengthen both the organization and the entire Lithuanian sports community.

“We are the only top-tier Lithuanian basketball club operating without any support from municipalities, and so this sponsorship deal will pave the way for sustainable growth. Strong teams can inspire generations both on and beyond the court, and this deal builds a solid foundation for an engaging fan experience,” Ziauberis says.

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According to the regulator, the total Lithuanian gaming market amounted to €222 million in 2023, a 13 percent increase from 2022. More than 65 percent of the market is online. The total amount wagered exceeded €2 billion for the first time in 2022.

The post Lithuania’s Nese enters iGaming with a record sponsorship deal appeared first on European Gaming Industry News.

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Hacksaw Gaming and TOPsport are on TOP of their game with new partnership announcement in Lithuania

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Kicking off the month, it’s time to commemorate a brand new partnership with Lithuania’s leading operator – TOPsport! As of the 8th of April, Hacksaw fans will have the opportunity to enjoy the initial selection of our released games, with plans for further expansion in line with market regulations.

TOPsport was founded with humble beginnings back in 2002, they were in fact the first ever betting company to be established in Lithuania. Boasting an impressive collection of 62 betting locations and, of course, their online platform which is home to sports betting and live casino games from various different providers globally. They now welcome Hacksaw classics such as Wanted Dead or a Wild, Chaos Crew and Hand of Anubis to their growing collection.

CEO of TOPsport, Gintaras Staniulis, expressed “TOPsport is excited about the partnership with Hacksaw gaming, which marks a significant step forward in our commitment to providing unparalleled experiences for our customers. We are confident that this collaboration will further enhance our offerings and solidify our position as a leader in the industry.”

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TOPsport players can expect exciting narratives, captivating artistic design and an overall gaming experience that will leave them searching for more Hacksaw content. Confident that this will be the case, Hacksaw Gaming CEO Marcus Cordes wanted to say a few words on the new partnership – “A top operator in the Lithuanian market teaming up with a leading provider of innovative games—what a match! We’re thrilled about this collaboration and are optimistic that TOPsport players will soon become familiar with the Hacksaw name.”

Only time will tell, but we’re pretty sure that TOPsport Casino users will find Hacksaw games at the ‘top’ of their new favourite lists.

The post Hacksaw Gaming and TOPsport are on TOP of their game with new partnership announcement in Lithuania appeared first on European Gaming Industry News.

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