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OlyBet joins the world’s largest poker network as of April 30, 2020

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Olympic Entertainment Group today announces that it has signed a strategic partnership agreement with GGPoker Network, the world’s largest online poker network. The agreement ensures that, from April 30, 2020 onwards, OlyBet players will be able to access all of the exciting offers and unique features that thrill GGPoker Network players the world over.

“GGPoker Network is the wunderkind of the post-boom online poker business and this deal is great news for all OlyBet players of today and tomorrow. GGPoker Network, which started operations in Asia, is one of the clear leaders in global online poker and massive growth lies ahead in Europe and North America,” said Veiko Krünberg, Managing Director of OlyBet.

The partnership extends to all of the current and future markets of OlyBet and the poker room will move to GGPoker Network simultaneously in all of its online poker markets.

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“OlyBet is arguably one of the most experienced poker operators in Europe. In addition to online poker, OlyBet owners Olympic Entertainment Group is famous for organizing top European poker festivals such as the Battle of Malta and Kings of Tallinn,” said Jean-Christophe Antoine, Head of GGPoker. “We want OlyBet to become the dominant poker player in their markets and GGPoker will support OlyBet 100% in achieving this,” Antoine continued.

The news comes shortly after it was announced that the $100,000,000 guaranteed WSOP Super Circuit Online Series would be hosted on GGPoker Network with hundreds of individual events taking place from May 3 to May 31. “For OlyBet this announcement is perfect timing; we’ll give all our poker players a chance to get in on the thrilling WSOP Circuit action, all from the comfort and safety of their own homes,” Krünberg said.

After launching in Asia in 2014 and seeing rapid growth in recent years in Europe, Canada and elsewhere, GGPoker Network became the world’s largest online poker network and averages around 30,000 concurrent players. In late 2019, GGPoker Network made headlines when it guaranteed a total prize pool of $50,000,0000 in its GGSeries 3 online poker tournament series. The network’s pro team includes iconic poker players such as Daniel Negreanu, Bryn Kenney and Bertrand “ElkY” Grospellier.

OlyBet will switch to GGNetwork from April 30, 2020. The new poker software will be available on OlyBet in all local languages for both Windows and Apple computers, as well as for Android devices whilst iOS users should wait for OlyBet’s App Store launch.

 

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About GGPoker:

GGPoker Network is the world’s largest online poker network and offers a range of innovative games and features such as the newly launched Jackpot Sit & Go Tournaments ‘Spin & Gold’, Fast-Fold Poker Rush & Cash, Tournament Staking… all designed to enhance gaming experiences and make poker more fun than ever. In May 2020, GGPoker will host the WSOP Super Circuit Online Series, an online poker tournament series featuring hundreds of events and massive cash prizes.

About OlyBet:

OlyBet is the largest provider of online poker, sports betting and casino games in the region, operating in the Baltics and Finland. OlyBet is the online brand of Olympic Entertainment Group, Europe’s leading casino operator. The group has more than 100 casinos in Estonia, Italy, Lithuania, Latvia, Malta and Slovakia.

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Baltics

Evoplay expands Baltic presence with new Optibet collaboration

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Evoplay, the award-winning game development studio, has announced its latest partnership with leading Baltic operator Optibet, part of Entain, marking a strategic expansion in Lithuania and Estonia.

Through the agreement, Optibet now offers over 70 of Evoplay’s premium slot titles to its customers in both markets, including popular games such as The Greatest Catch Bonus Buy, Elven Princesses, and Fruit Super Nova.

Optibet, part of global gaming giant Entain, is a trusted operator across the Baltics, providing Evoplay with a solid foundation to grow its presence in the region.

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This exclusive partnership underscores both companies’ commitment to delivering top-tier gaming experiences and increasing engagement within these key markets.

Ihor Zarechnyi, CBDO at Evoplay, said: “We’re thrilled to partner with Optibet, a trusted name across the Baltics, to bring our games to players in Lithuania and Estonia.”

“This collaboration marks an important step in our commitment to expanding in regulated markets and offering tailored experiences that resonate with local audiences.”

Janis Bariss, Entain Head of Gaming Baltics & Nordics, said: “Optibet is dedicated to providing our players with the best in gaming entertainment and partnering with Evoplay allows us to deliver an exciting range of content that adds real value to our portfolio.”

“Evoplay’s innovative approach and diverse game selection will be a fantastic addition to our online casinos in Lithuania and Estonia, and we’re looking forward to seeing the impact it has on our audience.”

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Baltics

Lithuania to Ban Gambling Ads

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The Lithuanian parliament on Tuesday approved restrictions on gambling advertising, set to take effect from next July.

The amendments to the Gaming Law, passed with 73 votes in favour and one abstention, will introduce a ban on gambling advertising starting in July 2025. Exceptions will apply to sports competitions and events, as well as sports sponsorships and broadcasts of sports competitions, which will have a transitional period until January 1, 2028.

Next year’s budget for the Media Support Fund earmarks an additional 4 million euros to compensate media organisations for lost advertising revenue.

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Among other things, MPs backed a proposal from the parliamentary Committee on Budget and Finance to have a transitional period until the end of 2027, allowing up to three betting ad spots of under 15 seconds each per hour on television, radio and online between 06:00 and 18:00 and up to two per hour between 18:00 and midnight.

For online media, betting ads without a direct link to the gaming operator’s website will be limited to 20% of advertising space from 06:00 to 18:00 and 10% until midnight.

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Baltics

Genome launches SEPA instant payments, adding another valuable feature for iGaming companies

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Genome (UAB Maneuver LT) has introduced SEPA Instant Transfers for all its clients. Companies can now make instant euro payments within seconds to optimize cash flow and improve operational efficiency across the Eurozone.
Additionally, SEPA Instant Transfers can be used for batch Transfers, making mass payments even more effective for companies, particularly the iGaming businesses.

“SEPA Instant Transfers enable quick payments in the Eurozone, improving cash flow and scheduling flexibility for business partners – a very crucial feature for modern-day companies that conduct operations online,” explained Genome’s CEO, Daumantas Barauskas.

SEPA Instant Transfers will be priced the same as regular SEPA Credit Transfers, ensuring users enjoy the convenience of instant transactions without any additional costs.

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The feature has gone live shortly before the SiGMA Europe conference that Genome’s team will be attending. Businesses can learn more about SEPA Instant Transfers and other iGaming services Genome provides at booth #3102 or by booking a meeting.

“SEPA Instant Transfers is not the only service Genome offers iGaming companies. For one, they can streamline their financial operations with our API for mass payouts and B2C2B payments. We are currently developing the incoming payment notifications service via API (API for pay-ins). This feature will notify iGaming companies about client pay-ins in real-time. We also provide contactless physical and virtual Visa Business cards for media buying and other corporate expenses, with the added convenience of Google Pay, Apple Pay, and Garmin Pay compatibility. Additionally, a dedicated IBAN account simplifies B2B transactions, and the Genome iOS and Android apps ensure real-time financial management anytime, anywhere,” concluded Daumantas Barauskas.

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