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Endorphina will be the Official Networking Break sponsor at MARE BALTICUM Gaming Summit 2022 in Vilnius

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The leading conference in the Baltic region is returning with full steam ahead to Vilnius this year; Register to attend the live conference.

Endorphina, among the sponsors

With less than two weeks to go until MARE BALTICUM Gaming Summit and BSG Awards return in force to the in-person setup in Vilnius, the team at Hipther Agency is excited to announce that the networking breaks during the event is sponsored by Endorphina.

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The registrations are now still open and there are only a few seats left for this year’s MARE BALTICUM Gaming Summit and BSG Awards (held alongside the conference). The yearly summit is going to be held in-person on 12 May 2022 in Vilnius, Lithuania at Radisson Blu Royal Astorija Hotel, Vilnius (Eco-certified).

Starting 2022, the return of the boutique-style in-person meetup is also bringing a new format that will allow more interaction among the attending delegates. You can register on this link.

As mentioned above, the networking breaks during the conference is sponsored by Endorphina.

Jan Urbanec, CEO at Endorphina stated: “Endorphina is highly active on the event circuit, and we are more than happy for this boutique conference to return. We value the very personal networking that this kind of conference provides, that is impossible to achieve in large scale events

”We are excited to be back to in person gatherings and in this moment in time, we need all the support that the industry can provide in order to recover the past two years. There is no doubt a hunger to return to the traditional circuit and what better way to kick start our 2022 circuit, than our traditional MARE BALTICUM Gaming Summit”, commented,  Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency

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Endorphina is a leading B2B software developer that is used by some of the most successful platforms and operators in the iGaming industry. Тhеrе аrе оvеr 100 ѕlоtѕ раrt оf thе Еndоrрhіnа роrtfоlіо, tасklіng рорulаr thеmеѕ аnd multірlе оrіgіnаl соnсерtѕ. Рlауеrѕ wіll fіnd а hugе vаrіеtу whеn рісkіng uр а tіtlе, аѕ thе раѕѕіоnаtе tеаm bеhіnd thіѕ dеvеlореr dеlіvеr рrоduсtѕ wіth а bоth trаdіtіоnаl аnd іnnоvаtіvе аррrоасh.Endorphina is licensed by Malta Gaming Authority, making its products and services legal in many countries. Endorphina has been shortlisted in prestigious awards such as SBC, Europe Gaming Awards, and Casinobeats. They were also honored to win in the category of the best game developer in 2021 by UGW!

The company will be represented in the “Market rundown by the Baltic industry shareholders” panel discussion by Džangar Jesenov – Corporate Compliance Manager at Endorphina

Register now | View the program

 

BSG Awards 2022 – The Baltic and Scandinavian Gaming Awards

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BSG Awards had been launched in 2019 and the awards ceremony is part of MARE BALTICUM Gaming Summit, the leading boutique style gambling industry conference of the Baltic and Scandinavian region. Even at its inaugural edition, BSG Awards has become the most important gaming industry awards in the region.

To provide a fully transparent process, the final winners of each category are decided by a special voting session during the conference.

View the shortlisted companies for the 2022 edition: https://hipther.com/events/marebalticum/bsgawards2022

Sustainable future

While recycling and reusing certain materials at the conferences are important steps towards achieving sustainability, the team is also sending a clear message about how conference organizers can directly impact the conservation of the planet’s ecosystem and biodiversity.

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The events hosted by the #hipthers have always been applauded by the participants, and one of the strong points was the attention to the smallest details. Among the small details are the coffee breaks and complimentary buffet lunch.

While some might still argue, but meat-eating is one of the biggest environmental hazards facing our planet. The team has switched to fully plant-based menus in 2020 and will continue this path with the return of the in-person conference. The initiative has the full support of the venues in which the conferences are hosted and is considered to be a great idea by hotel managers who are already working on delicious plant-based meals for the delegates to enjoy in Prague, Vilnius, Berlin, Milan, and Budapest.

Hybrid time

While possible lockdowns or travel restrictions might still occur in 2022, all the conference will also be available in the virtual format for industry professionals to be up to date with the content and starting 2022 can additionally be accessed in the hiptherverse.

Additionally, make sure to keep an eye on the European Gaming Quarterly Meetups, which also offer in-person and virtual opportunities to stay up to date and network through 2022. Read the recent updates about events happening in Berlin and Milan here.

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Hipther Agency is the parent brand of European Gaming, PICANTE, WireUp Zone, and Gaming Americas, eSports Connect, the HIPTHER news app and the WireUp networking app (in the testing phase) found on the Play Store.

 

About Hipther Agency

One Stop Agency for multiple industries, services and activities.

HIPTHER AGENCY is the parent brand of several leading news outlets and international conferences that cover several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more.

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Hipther Agency consists of 15 news outlets that cover news from around the world and a portfolio of conferences that cover five continents (North America, Central America, South America, Caribbean and Europe).

For more details visit www.hipther.agency

Quick links: List of News Outlets | Upcoming Events | Past Events | TV | WireUP (social media platform)

Follow us on Facebook and LinkedIn.

 

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Baltics

SYNNET CMS Officially Live in Latvia

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After extensive development and rigorous testing, the SYNNET Casino Management System is now fully operational at Joker.lv gaming halls in Latvia. This marks a major milestone in the company’s long-term vision of delivering a powerful, intelligent and scalable solution for managing gaming establishments with maximum efficiency.

The launch of SYNNET represents a shift in the way casinos and gaming halls are monitored, managed and optimised. Designed to streamline daily operations, enhance decision-making and improve overall efficiency, SYNNET provides comprehensive control over every aspect of a gaming venue.

Among its standout features, SYNNET includes:

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• Integrated jackpot system – Seamlessly manage and customise jackpot configurations across multiple gaming machines.

• Advanced dashboards & widgets – Get real-time insights into casino performance, financials and player behaviour through an intuitive and fully customisable dashboard.

• Floorplan management – A visual representation of all gaming machines and tables for optimised space utilisation and operational efficiency.

• Marketing campaign automation – Target and engage players effectively with built-in tools for promotions and personalised offers.

• Geographic mapping of operations – Gain an overview of all locations, allowing for efficient monitoring and remote management of multiple branches.

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With 35 branches and 1150 gaming machines now fully integrated into the SYNNET ecosystem, casino operators can leverage data-driven insights to enhance performance and player engagement like never before.

The post SYNNET CMS Officially Live in Latvia appeared first on European Gaming Industry News.

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Baltics

The Lithuanian Gaming Control Authority (LPT) has completed its inspection: Olympic Casino has been fined almost 8.4 million euros

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The company Olympic Casino Group Baltija (OCGB) did not take sufficient steps to identify the origin of Šarūnas Stepukonis’ losing funds, and the monitoring of his financial transactions was only formal and ineffective. Such violations were identified by the Gaming Supervisory Authority, which conducted an inspection of OCGB’s activities in Lithuania. The company was fined almost 8.4 million euros.

The Gaming Supervisory Authority (LPT) investigated the actions taken by OCGB in response to Š. Stepukonis’ transactions on the company’s gaming website from December 2016 to the end of June 2021. The law obliges gaming operators to ensure that customer funds are not obtained from criminal activities or through participation in such activities. It is also mandatory to verify the origin of the funds. LPT found that the measures applied by OCGB were poor and insufficient, and the monitoring of Š. Stepukonis’ transactions was formal.

Gambling organizers must report suspicious transactions to the FNTT. Š. Stepukonis’ transactions had obvious signs that should have raised suspicions for the gambling organizer. However, the FNTT was not informed about this.

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During the inspection, evidence was also collected that Š. Stepukonis’ gambling was irresponsible. The gambling company should have noticed this, especially since the client was assigned a personal manager who saw all of his transactions.

“Instead of finding out whether Š. Stepukonis had a gambling problem or informing the supervisory authority, Olympic Casino encouraged him to gamble even more. An individual incentive package was prepared for him. A total of 1.3 million euros was allocated for this. This “bonus” could only be spent on gambling. Other incentives were also allocated,” – comments on the results of the inspection by LPT Director Virginijus Daukšys.

Since mid-2021, gambling companies in Lithuania have no longer been allowed to offer incentives to their customers that they would later lose. Just before this tightening came into effect, Š. Stepukonis’ virtual gambling was moved from Lithuania to Estonia, where it was still allowed to encourage gamblers.

In this way, it was possible not only to maintain incentives for gambling, but also to avoid supervision by the LPT. If an ordinary gambler from Lithuania tried to go and register on the Estonian Olympic Casino website, he would be redirected to the Lithuanian website. However, in the case of Š. Stepukonis, the redirection was not carried out. These circumstances are part of the pre-trial investigation.

During the inspection, a total of five violations of the provisions of the Law on the Prevention of Money Laundering and Financing of Terrorism and the Law on Gambling were identified.

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The law allows for a fine of up to twice the amount of damage caused. The damage was determined to be 6.4 million euros – the amount Š. Stepukonis lost at the Olympic Casino in Lithuania. When calculating the fine, an aggravating circumstance was taken into account – the company did not cooperate during the inspection.

According to V. Daukšys, after this story came to light, steps were taken to prevent similar cases from recurring. The most important change is the law, proposed by the LPT, which obliges gambling companies to take action upon noticing irresponsible gambling and to provide information about it to the LPT.

“Until now, there was no such obligation. Therefore, the LPT did not have information that would allow it to take preventive actions in advance,” says V. Daukšys.

The new Gambling Law will come into force in November this year. Its aim is to reduce the accessibility, attractiveness and potential harm to personal health of gambling.

LPT also reviewed its procedures, adjusted internal procedures, allowing for more frequent scheduled inspections of the activities of gambling companies. In addition, the Ministry of Finance conducted an audit of LPT’s activities. No significant operational deficiencies were identified during the audit. LPT took into account the audit recommendations and allocated more human resources to money laundering prevention functions.

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Source: Gambling Supervisory Authority under the Ministry of Finance of the Republic of Lithuania

The post The Lithuanian Gaming Control Authority (LPT) has completed its inspection: Olympic Casino has been fined almost 8.4 million euros appeared first on European Gaming Industry News.

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Baltics

PaymentFarm Rolls Out Innovative AI Anti-Fraud System and Global Card Processing Solutions for PSPs, iGaming and High-Risk Markets

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PaymentFarm, a global leader in payment processing solutions for high-risk industries, announced a series of groundbreaking advancements aimed at helping iGaming businesses and Payment Service Providers (PSPs) expand their operations and significantly reduce processing costs. This year, PaymentFarm has successfully integrated an AI-driven anti-fraud monitoring system into its platform while introducing the most competitive card processing rates available worldwide.

In today’s fast-paced digital economy, high-risk sectors such as iGaming face unique challenges—ranging from fraud prevention and compliance complexities to managing steep transaction fees. Recognizing these hurdles, PaymentFarm has taken decisive action to address them head-on. The newly integrated AI anti-fraud system offers real-time transaction monitoring and intelligent risk analysis, effectively reducing chargebacks and minimising raudulent activities. By harnessing sophisticated machine learning algorithms, the system detects anomalies and patterns that traditional methods often miss, ensuring that each transaction is secure and that businesses can operate without disruption.

At the same time, PaymentFarm has overhauled its card processing framework to offer unmatched global rates. By collaborating with a broad network of financial institutions and payment channels, the company delivers secure, scalable solutions that enable iGaming operators and PSPs to manage costs more effectively while expanding into new markets. These strategic improvements not only lower operational expenses but also help businesses navigate regulatory challenges and meet the ever-evolving demands of global commerce.

“At PaymentFarm, we understand that businesses operating in high-risk sectors require not just robust security, but also cost-efficient and scalable payment solutions. Our commitment to innovation is evident in our recent integration of AI-powered fraud detection and our relentless pursuit of the best processing rates in the industry. We are excited to help our clients overcome traditional barriers and achieve sustainable growth worldwide,” Olga Strelnikova, Senior Business Developer at PaymentFarm, said.

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The post PaymentFarm Rolls Out Innovative AI Anti-Fraud System and Global Card Processing Solutions for PSPs, iGaming and High-Risk Markets appeared first on European Gaming Industry News.

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