Baltics
Online Gaming Revenue Surpasses Land-Based Revenue in Lithuania

Revenue from online gaming has overtaken that from land-based outfits in Lithuania for for the first time in history. The Covid-19 pandemic has also brought about a 15.9% decline in overall gaming revenue as well. The country recorded an overall revenue of €43.8 million in the first half of the financial year.
The total amount wagered showed a 6.8% increase and touched €540 million during the period year on year. However, since a majority of the wagers were made online where the profit margins are thinner than that of land-based gaming, the gross gaming revenue (GGR) slipped.
Online stakes rose by 49.9% to €407.1million, bringing in revenue of €23.4million, an increase of 33.9%.
The category-wise revenue split up is given below:
- Online Category A slots – €12 million, an increase of 86.8%
- Online Category B slots – €570,000, an increase of 38.9%
- Online table games – €359,000, an increase of 87.2%
- Online sports betting – €10.4 million, a decrease of 0.1%
- Land-based gaming – €20.4 million, a decrease of 41%
- Land-based Category A slots – €3.8 million, a decrease of 34.6%
- Land-based Category B slots – €9.2 million, a decrease of 40.3%
- Land-based table games – €4.8 million, a decrease of 43.5%
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Baltics
BETER Shortlisted in Nine Categories at the Baltic and Scandinavian Gaming Awards 2025

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BETER is proud to announce that we have been shortlisted in nine categories at the Baltic and Scandinavian Gaming (BSG) Awards 2025, organized by HIPTHER. This recognition highlights our continued commitment to delivering top-tier esports, sports betting content and solutions across key European markets.
Our nominations reflect excellence in both Baltic and Nordic categories:
Baltic Categories:
- Best Esports Service Provider in the Baltics
- Rising Star in Baltic Sports Betting Technology
- Best Virtual Sports Provider in the Baltics
- Rising Star in Baltic Virtual Sports
Nordic Categories:
- Best Esports Service Provider in the Nordics
- Best Sports Betting Provider in the Nordics
- Rising Star in Nordic Sports Betting Technology
- Best Virtual Sports Provider in the Nordics
- Rising Star in Nordic Virtual Sports
We would like to extend a heartfelt thank you to everyone who supported us during the voting process. Your trust and recognition inspire us to keep innovating and delivering outstanding content and solutions tailored to the needs of operators and players in these dynamic regions.
The winners will be revealed on 27 May 2025 during the MARE BALTICUM Gaming & TECH Summit in Vilnius â stay tuned!
The post BETER Shortlisted in Nine Categories at the Baltic and Scandinavian Gaming Awards 2025 appeared first on European Gaming Industry News.
Baltics
Aviatrix granted certification in Estonia

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Aviatrix has received certification to offer its award-winning crash game to operators in Estonia.
It marks the latest regulated market that Aviatrix has entered into, with the game already live in the country with leading brand FenixBet.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: âSecuring certification in Estonia is another exciting step forward for Aviatrix as we continue to expand into regulated markets. Weâre thrilled to already be live with FenixBet and look forward to delivering our innovative crash game experience to even more players in the country.â
Aviatrix has added a host of regulated markets over recent months, including Spain, Colombia, Brazil and Peru.
It underlines the teamâs commitment to bringing the game to players around the world.
Aviatrix is a constantly evolving game, with regular feature updates for partners, including the recent launch of free bets, now available through in-game promo codes.
The post Aviatrix granted certification in Estonia appeared first on European Gaming Industry News.
Baltics
Playson powers ahead in Europe with Fenikss partnership

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Award-winning slots provider delivers array of top-performing titles to Latvian operator via Relax Gamingâs aggregation platform
Playson, the accomplished digital entertainment supplier, has continued to cement its impressive European market presence after launching its games portfolio with Latvian operator Fenikss.
Operating under the industry renowned NOVOMATIC group, Fenikss is one of Latviaâs leading operators with a vast online and land-based slot offering and comprehensive sportsbook.
The agreement sees Playson support Fenikssâ commercial ambitions and expansion strategy with the supplierâs leading titles, including Royal Coins 2: Hold and Win, Book of Gold: Multichance, and Royal Joker: Hold and Win, now available on the operatorâs website.
Playson continues to strengthen its European footprint and the latest integration, facilitated by Relax Gamingâs aggregation platform, underlines the supplierâs commitment to establishing itself within highly mature regulated markets.
Blanka Homor, Sales Director at Playson, said: âWe are pleased to enjoy further growth in Europe with this exciting partnership with Fenikss, who will benefit from an array of our strongest performing titles.
âWe are confident Fenikssâ significant Latvian presence, combined with our stimulating and graphically driven slots, will lead to impressive business growth.
Martins Opmanis, Head of I-Gaming Department at Fenikss, said: âPlaysonâs slots continue to be in high demand across Europe and we are delighted to host a selection of their titles on our online platform.
âWe are confident they will complement our diverse offering perfectly and look forward to watching this collaboration flourish.â
The post Playson powers ahead in Europe with Fenikss partnership appeared first on European Gaming Industry News.
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