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
CT Interactive has concluded a key deal with Twinsbet.lt
CT Interactive has concluded a key deal with Twinsbet.lt, marking a significant milestone in its strategic expansion across the Baltic region. The deal, primarily focused on the Lithuanian market, signifies CT Interactive’s commitment to enhancing its footprint in Estonia, Lithuania, and Latvia.
Milena Tsankarska, CCO at CT Interactive, expressed her confidence about the collaboration, stating: “We are thrilled to partner with Twinsbet.lt, a reputable player in the market. This strategic alliance aligns perfectly with our mission to deliver cutting-edge gaming experiences to players across the Baltics.”
Antonio Donov, Business Development Manager EMEA at CT Interactive, said: “Twinsbet.lt’s dedication to providing top-quality gaming services resonates with our own values. This collaboration opens up new avenues for growth and innovation, allowing us to cater to the diverse preferences of players in the region”.
Through this deal, games like Chili Fruits, Coffee Magic, Pot-o-Luck, 40 Treasures, Lucky Clover and more will become available at Twinsbet.lt.
“This collaboration with CT Interactive underscores our commitment to delivering unique gaming experiences to our customers. By leveraging CT Interactive’s expertise and innovative solutions, we are confident in our ability to elevate the gaming landscape in Lithuania and beyond”, commented a Gunnar Vilk COO of Twinsbet.lt.
The post CT Interactive has concluded a key deal with Twinsbet.lt appeared first on European Gaming Industry News.
Baltics
MARE BALTICUM Gaming & TECH Summit Announces Final Agenda for 2024 Event
HIPTHER, the premier event organizer in the iGaming and Technology sectors, is thrilled to unveil the final agenda of the highly anticipated MARE BALTICUM Gaming & TECH Summit, packed with expert-led sessions and significant networking opportunities. Scheduled for June 4-5, 2024, at the Hilton Tallinn Park, this annual event serves as the leading platform for learning and networking in the Baltic and Nordic regions. Hosted yearly in a Baltic capital, it attracts top professionals from the iGaming, blockchain, fintech, and artificial intelligence communities.
This year’s event promises to foster groundbreaking discussions and provide actionable insights across several dynamic sectors. The summit will feature an impressive lineup of topics, including “Regulatory Evolution in iGaming: Adapting to the Baltic and Nordic Standards,” “Global Stakes: Navigating iGaming Regulation in Serbia, the USA, Spain, and Austria” and “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations.”
The MARE BALTICUM Gaming & TECH Summit serves as the main hub for industry leaders to connect, share ideas, and explore new partnerships. The summit’s strategic location rotates among the capitals of the Baltic states, underscoring its importance and central role in shaping the tech and gaming landscapes in the region.
Zoltan Tuendik, Co-Founder and Head of Business at HIPTHER, stated, “We are proud to host another edition of the MARE BALTICUM Gaming & TECH Summit. Each year, we strive to surpass the expectations of our attendees, providing them with invaluable insights and networking opportunities that are second to none. This year’s agenda is especially significant, tackling some of the most pressing issues facing the industries of our focus.”
Highlights of the summit include:
- Expert panels discussing the integration of new regulatory frameworks and technological innovations.
- Networking opportunities with industry leaders and policymakers.
- Interactive workshops designed to provide hands-on experience in dealing with current challenges and leveraging emerging opportunities.
In addition to the comprehensive conference sessions, the summit will host several networking events, including welcome drinks and exclusive evening parties, offering attendees the chance to form lasting connections with peers and industry leaders.
Professionals from across the globe are invited to join this landmark event to gain deeper insights into the future of these rapidly evolving industries and to network with fellow experts in a collaborative setting.
For more information and to register for the MARE BALTICUM Gaming & TECH Summit, please visit https://hipther.com/events/tallinn/
The post MARE BALTICUM Gaming & TECH Summit Announces Final Agenda for 2024 Event appeared first on European Gaming Industry News.
Baltics
New Survey Reveals 80% of Lithuanians Would Welcome a Ban on Gambling Ads
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.
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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