Baltics
Twain Sport celebrates launch with Lithuanian basketball champions
Rytas Vilnius 2022 LKL winners try out new revolutionary sport
Twain Sport, powered by the Hybrid Sports League and technology partner BetGames, hosted Lithuanian basketball champions Rytas Vilnius, to commemorate the launch of its new specialised hybrid sports vertical (T-Basket).
The recent 2022 Lithuanian Basketball League champions were the first professional team to participate in Twain Sport’s new hybrid basketball tournament (T-Basket), which is set to be launched by the Hybrid Sport League in collaboration with its partner company, BetGames.
The day’s celebratory competition with Rytas Vilnius saw the league’s top players compete head-to-head in 60 seconds of action to score the most points while shooting from different distances, randomly selected by computer.
Rytas Vilnius sports director, a former basketball player and 2009 EuroCup champion, Donatas Zavackas, ended the day by winning both tournaments played.
The Hybrid Sport League is the sport’s governing body and will coordinate and supervise the exciting new events schedule, which is set to commence in August 2022 in custom-built arenas across selected European locations.
Twain Sports’ series of hybrid tournaments will offer premium high-frequency action-packed sports, starting with T-Basket, with will deliver a full, head-to-head tournament every single hour – totalling a new match every three minutes.
The highly anticipated league is set to satisfy the demand for increased live sport with a high-frequency entertainment format, while maintaining the highest integrity protocols with safeguarding systems.
Commenting on the event, BetGames’ CEO Andreas Koeberl said: “It was a fantastic occasion to welcome the Vilnius Rytas basketball team to experience the thrill of T-Basket. Top professional athletes competing against each other in such an environment was great to see and made the absolute most of the new concept.
“Twain Sport is all about fast-paced entertainment, and with the tournaments going live in a matter of months, we are really excited to be partnering up as we begin announcing our first operator deals. Alongside this, we’re also going to be rolling out our football-themed tournaments (T-Kick) and more in 2023 and beyond.”
Giedrius Žibėnas, Head Coach for Vilnius Rytas added: “It’s an exciting opportunity to try this new concept, combining a fresh idea of entertainment and sport. The players never know if they are the winner or loser until the score appears at the end, creating a very competitive environment, even for professional athletes.”
“Nobody was entertained with 3×3 basketball at first – and while they said it’s impossible to become part of Olympics, we’ve already seen it expand into what it is today. I believe the same is true here. Even pro players are now choosing between 3×3 or 5×5 basketball. If you expand globally, you will find your audience.”
Chairman of the Hybrid Sports League, Sarunas Mazalas commented: “Our partnership with BetGames is a massive step forward for the Twain Sport project. Our league will now be streamed all around the world and we’re ready to transform the world of sports. It’s been a pleasure to host the Vilnius Rytas team and get the approval of a winning team to our winning concept.”
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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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