Baltics
LVBet goes live with LVision’s BetBooster across multiple brands
Leading operator adds AI-driven bet stimulation tool to three flagship sites
LVBet has gone live with LVision’s unique AI bet stimulation technology to drive further revenues and provide unrivaled levels of player engagement across three flagship sportsbook brands.
LVBet is a leading operator across multiple regulated markets. The company has integrated LVision’s BetBooster product across Lvbet. com, Lvbet.lv in Latvia and EnergyBet. com.
LVision’s flagship BetBooster product is a fully automated, data-driven sports insights service based on historical data, live incidents, and AI analysis. Delivered as a widget or API, the product covers both pre-match and in-play odds and is compatible with more than 100 popular betting markets.
Provided with full bet slip integration, the product provides brands with instant bet stimulation with proven results of at least 15% increase in turnover and stakes.
BetBooster currently covers tennis, soccer and basketball with more sports to be added throughout 2021 including cricket, esports and major US sports. Its AI-based insights come in multiple languages to maximise reach and stands at an average of more than 20 million insights per year.
New data from four leading LVision operator partners has shown BetBooster to increase the average number of weekly pre-match and in-play bets by up to 18,000 and 2,500 bets respectively, with steady growth.
LVision’s innovative product range of advanced data-driven bet stimulation tools are proven to increase sportsbook turnover and engagement. Its services include a variety of bet stimulation products such as live, high-quality, visualisation of sports, tennis player props markets, re-visualising historical tennis matches into new 24/7 content, and much more.
Ido Lazar, Founder and CEO of LVision, said: “We have signed some of the industry’s biggest operators in recent months and they have instantly seen the benefits of our unique AI-driven products. I’m thrilled LVBet has gone live with BetBooster and look forward to seeing the results come through in what promises to be a huge year for LVision.”
Marcin Doszczeczko, CEO, LVBet, said: “LVision’s BetBooster adds a new dimension to three of our biggest brands, further enhancing our customers’ sports betting experiences and driving additional revenues in an action-packed year of sport. We’re delighted with the results so far.”
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Baltics
Evoplay expands Baltic presence with new Optibet collaboration
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.
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.”
The post Evoplay expands Baltic presence with new Optibet collaboration appeared first on European Gaming Industry News.
Baltics
Lithuania to Ban Gambling Ads
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.
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.
The post Lithuania to Ban Gambling Ads appeared first on European Gaming Industry News.
Baltics
Genome launches SEPA instant payments, adding another valuable feature for iGaming companies
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.
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.
The post Genome launches SEPA instant payments, adding another valuable feature for iGaming companies appeared first on European Gaming Industry News.
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