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Eneba raises $8M from InReach, Practica and VInted’s Mikuckas to grow gaming marketplace
Slick localized buying experience, innovative approach to fraud and automated local gaming trend detection contribute to Eneba’s status as a preferred marketplace for gaming community with stratospheric growth to 26M users
Eneba (www.eneba.com), the world’s fastest growing marketplace for gamers, has today announced that it has raised a total of $8M led by Practica Capital and InReach Ventures, the AI-powered venture capital firm, with contribution from FJ Labs and a group of established Angel investors including Mantas Mikuckas, COO of Vinted.
Launched in 2018 by two Lithuanian school friends, Vytis Uogintas and Žygimantas Mikšta, Eneba provides a marketplace for gamers to safely purchase everything they need for the world’s most popular games. Combining an unrivalled buying experience with superior proprietary security features, Eneba has already attracted a community of 26 million unique users.
Operating under the radar until now, Eneba has quickly made an impact in the gaming sector thanks to its new approach, where previously others have not innovated. Eneba presented the market with a superior ‘one-click buy’ gamer experience and a faster, more secure service by using proprietary machine learning and fingerprinting technology.
The team also created localised gaming experiences that proved an immediate hit with gamers by using automatic optimising discovery tools for locally trending gaming products.
As COVID-19 struck Eneba was already growing fast, but, with an increased shift to digital entertainment, the startup experienced exponential growth and an increased interest from US gamers; now the company’s fastest growing geography.
“We had a lot of new users coming to Eneba during these uncertain times. While it was extremely satisfying to see our numbers increasing tenfold, there was a challenge to meet the demand. To better reflect our user numbers, we had to quickly expand our team,” said Co Founder and CMO, Žygimantas Mikšta. “We now have a 130-strong team of brilliant software developers, risk analysts and marketing experts that have built a delightful experience for 26 million consumers across multiple geographies such as the UK, Germany, Lithuania, Spain, France, Poland, and other European countries.”
As the startup grew, there were many challenges for the company in order to maintain its new found momentum. Vytis Uogintas, CO Founder and CEO said that rapid organization growth has been one of the biggest to date. However, he also emphasizes that Eneba’s breakthrough has been determined by the team.
“Finding people you can trust and who share your vision is not easy. However, we had plenty of contacts from our previous ventures that kickstarted the whole process. Right from the get-go, we were emphasizing our company culture as our top priority. For me, it’s much more enjoyable to see happy colleagues and when they’re happy, it’s easier to communicate with them and reach desired goals.”
Eneba will use its funding to accelerate investments in product development making the platform faster, safer and easier to use, and to expand further in the US and across other key global markets. To prepare for this roll-out, Eneba has developed its own risk management system. The new system was developed in-house to better fit the company’s goals. It eliminates many risky transactions, simplifies the refunding process, and blocks majority fraud threats, thus making Eneba stand as one of the safest marketplaces on the internet.
“We are thrilled to be backing Vytis and Žygimantas. We’ve been impressed by their ability to execute at such speed as their company quickly scales, and to drive an incredible product with a unique value proposition for gamers. It also could not have come at a better time. We are excited to support one more team from the Baltics that has a clear ambition to lead their sector globally,” said Donatas Keras, partner at Practica Capital.
Co-founder of InReach Ventures, Roberto Bonanzinga, said “In Europe we have a tradition of building successful companies in the gaming space. We are very excited to have discovered Eneba thanks to our AI platform when the company was unknown and under the radar. We have been extremely impressed by what the founders have been able to build in such a short amount of time.”
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SOFTSWISS, a global tech provider with over 15 years of iGaming expertise, is preparing the new edition of its flagship industry research – iGaming Trends 2026 – and invites experts worldwide to contribute their insights. The upcoming report is written in collaboration with NEXT.io, the world’s iGaming community, and will spotlight the key tendencies set to shape the industry in the year ahead.
The previous edition, iGaming Trends 2025, became one of the most influential industry resources. With over 100 pages of insights covering regulation, marketing, responsible gambling, innovation, and fraud prevention, the report had over 13,000 downloads . This strong reception confirmed the importance of having a trusted knowledge hub – and set the stage for an even more ambitious 2026 edition.
The iGaming Trends 2026 report is being developed jointly with NEXT.io, the world’s iGaming community, bringing additional depth and diversity of perspectives to the research. By combining the expertise of both teams with insights from the industry at large, the new edition will offer an unparalleled overview of the forces driving iGaming forward.
“The iGaming industry is changing faster than ever, and foresight comes from collective expertise. The strength of iGaming Trends lies in the community behind it. By partnering with NEXT.io, we are making iGaming Trends 2026 the most forward-looking edition yet, built directly on the voices of industry leaders,” added Max Trafimovich, International Non-Executive Director at SOFTSWISS.
Pierre Lindh, Co-Founder and Managing Director of NEXT.io shared: “The iGaming Trends report has become a cornerstone resource for our industry, and this year’s edition will be the most collaborative yet. We’re truly excited to be working alongside SOFTSWISS to bring iGaming Trends 2026 to life, ensuring it reflects the voices, insights, and ambitions of the people shaping the future of our sector. At NEXT.io, we believe foresight comes from community, and this partnership embodies that vision.”
The iGaming Trends 2026 report will be built on the contributions of industry experts worldwide. The survey is anonymous, but participants may leave contact details if they wish to be quoted. In appreciation of the participation, a few lucky winners will receive Apple AirTags, and one special winner will score a unique one that comes with an exclusive SOFTSWISS merch bundle.
Why Take Part?
- Co-create a leading industry resource – Your insights will directly influence one of the most widely read iGaming reports.
- Strengthen your professional visibility – A chance to share your perspective with thousands of peers across the industry.
- Be part of a collaborative effort – For the first time, the report is being developed together with NEXT.io, raising its scope and relevance.
Take the survey here: https://softswiss.typeform.com/to/AMCd3VcT
The SOFTSWISS Team will be at SBC Lisbon 2025, Stand B160, a perfect chance to connect and talk about iGaming Trends 2026.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Casino Platform, the Game Aggregator with over 35,000 casino games, Affilka Affiliate Platform, the Sportsbook Platform and the Jackpot Aggregator. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
The post SOFTSWISS Calls on Industry Leaders to Join the iGaming Trends 2026 Survey appeared first on European Gaming Industry News.
Conferences in Europe
European Gaming Congress 2025 Unites Europe’s Leading Operators with Record-Breaking Support
The European Gaming Congress (EGC) 2025 is set to become the defining industry event of the year, as an unprecedented number of Europe’s largest operators rally behind the Congress — showing their support through sponsorships, thought leadership, and active participation.
This year, EGC welcomes a record number of sponsors, and the attendance is including industry leaders such as SUPERBET, Betclic, Fortuna, Betfan, Kaizen Gaming, Betano, Totalizator Sportowy, ComeOn Group, LVBet, RocketPlay Casino, WinSpirit Casino, 1spin4win, Win Casino, eCasino.cz, and Alfor (Fenikss).
Some operators are powering the event as sponsors, others are shaping the conversation as panelists in high-level discussions, while many are showing their commitment to collaboration by attending in force.
“The European Gaming Congress has always been about uniting the industry, but this year we’re seeing something truly remarkable,” said Zoltán Tűndik, Co-Founder and Head of Business at HIPTHER, the organizer of EGC. “With a record number of operator sponsors, packed panels, and incredible attendance from leading brands, this year’s Congress sends a clear message: Europe’s iGaming sector is ready to work together to build a sustainable and innovative future.”
The EGC 2025 agenda will feature powerful panel discussions and expert-led sessions covering the most critical topics shaping the industry:
- Regulatory updates and cross-border compliance strategies
- Responsible gaming and player protection initiatives
- Technological innovation — from AI to gamification and personalization
- Emerging partnerships driving sustainable market growth
By gathering top executives, regulators, legal experts, affiliates, suppliers, and innovators under one roof, the European Gaming Congress 2025 offers unmatched opportunities for knowledge exchange, strategic partnerships, and collaborative problem-solving.
The European Gaming Congress takes place between 30-31 October in Warsaw, Poland, bringing together Europe’s most influential leaders for two days of networking, insights, and shaping the future of gaming.
Meet Europe’s Leading Operators – Register Now for the European Gaming Congress!
The post European Gaming Congress 2025 Unites Europe’s Leading Operators with Record-Breaking Support appeared first on European Gaming Industry News.
Gaming Corps integrates full portfolio with Light & Wonder’s content marketplace
Gaming Corps – a publicly-listed game development company based in Sweden, has signed a global distribution deal with Light & Wonder, Inc. (together with its subsidiaries, “Light & Wonder”), strengthening its international presence through one of the industry’s most trusted aggregation platforms.
The agreement will see Gaming Corps’ full games portfolio spanning Slot, Crash, Mine, Table and Plinko titles — made available via Light & Wonder’s award-winning content marketplace ecosystem. This includes the studio’s latest launches: the mythological slot 3 Pigs of Olympus and retro-style instant win game Plinkball 5000.
Light & Wonder is the leading cross-platform global games company, active in over 38 regulated jurisdictions and trusted by many of the world’s largest operators. Its content marketplace hosts more than 6,700 titles and handles over five billion game rounds each month.
For Gaming Corps, the agreement provides access to an expansive global network of online casinos and players and accelerates the studio’s ability to deliver its content to new audiences with speed and confidence.
Juha Kauppinen, CEO at Gaming Corps, said: “This deal with Light & Wonder is a significant moment for us. Their content marketplace is one of the leading distribution networks in the industry, and this agreement puts our content in front of new audiences in key regulated markets. We’re particularly excited to bring our most popular title, 3 Pigs of Olympus, to a broader operator base — and to keep building momentum with a partner who shares our vision for quality and innovation.”
Steve Mayes, Senior Director, Partners iGaming at Light & Wonder, added: “At Light & Wonder, we focus on delivering diverse, forward-thinking gaming experiences to operators in every major regulated market. Our content marketplace is trusted by tier-one brands worldwide, and we are deliberately selective about the content studios we integrate. Gaming Corps impressed us with both the originality of its portfolio and the speed of its growth, and we are delighted to welcome them onto the Light & Wonder content marketplace”.
The post Gaming Corps integrates full portfolio with Light & Wonder’s content marketplace appeared first on European Gaming Industry News.
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