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Hipther’s MARE BALTICUM Summit Delights 150+ Attendees, Sets Stage for Major Budapest Rebrand!

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MARE BALTICUM Gaming & TECH Summit 2023 took place between 15-17 May in Riga, thrilling a whopping 150+ attendees! The #hipthers organized a highly successful 2-day event that brought together gaming and technology executives, fostered knowledge-sharing, engaging discussion panels featuring 50 renowned industry experts, and provided valuable networking opportunities.

The 2023 version of the MARE BALTICUM Summit proved once again why it has been established as the Baltic region’s most popular in-person gathering. Acclaimed professionals from the gambling, fintech, web3 sectors, as well as legal and sustainability experts and government officials, took the stage to educate the audience on the latest trends, news and innovations in gaming and tech in the Baltics and beyond.

All participants, speakers, top decision-makers and business influencers, enjoyed the special networking sessions prepared from the Hipther Team, ranging from constructive coffee breaks, delightful vegan lunches, and dedicated afternoon sessions, to the invigorating Morning Networking Run and special events like Karaoke and Blues parties to help guests unwind and connect!

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As the premier event of Gaming and Tech in the Nordics and Baltics, the MARE BALTICUM Gaming & TECH Summit once again honoured the best of the best of both industries in the Baltic and Scandinavian Gaming Awards as well as the BTECH Awards. The achievements of accomplished companies in the region were recognized and celebrated across 36 Award Categories. The winners, as voted by the Summit participants, included some of the iGaming industry’s star-studded brands and the most innovative Fintech companies, such as: Betsson Group, Evolution Gaming, Endorphina, EveryMatrix, Tom Horn Gaming, Altenar, Evoplay, Softswiss, Wazdan, Bankera, Gold Koi Coin and more

The conference buzzed with the one-of-a-kind, close-knit, and electric atmosphere the #hipthers are known for creating, and that sense of excitement and camaraderie was evident throughout social media:

Alexandra Breinig’s update

Liga Tarasova’s experience

The Rite NRG Team – Right Energy Sponsors for the event

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Evoplay on winning Best Slots Provider in the Baltics 2023 and the MARE BALTICUM experience

Dr. Rakic Dean, on moderating The Baltic Blockchain Ecosystem panel

Katri Delimoge about her thought-provoking Fireside Chat with Jovita Gabnienė

Tom Horn Gaming on winning the Best Online Casino Provider in the Baltics 2023

 

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Here’s what MARE BALTICUM’s esteemed guests said about the event:

MARE BALTICUM facilitated meetings of gaming, tech and legal industry in a valuable even if uncommon mix. Can only wish for more events like this!” – Agneta Rumpa – Sorainen Latvia

Exceeded all expectations, perfect opportunity to network and connect on a more personal note. – Lukas Burinskas – Covery.ai 

The event was an excellent opportunity to connect with industry-leading stakeholders in the Baltics region” – EveryMatrix via LinkedIn

It was a pleasure to be a part of such a vibrant and dynamic gathering, where we had the opportunity to meet industry colleagues and exchange ideas”. – FeniBet via LinkedIn

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Many thanks to all the participants of the panel discussion and specifically to Zoltán Tűndik for providing a space for a pan-Baltic discussion, exchanging experience and ideas on how to drive Baltic fintech scene towards a more rapid development and growth!” – Fintech Latvia Association via LinkedIn

The 2023 edition MARE BALTICUM Gaming & TECH Summit was supported by the following sponsors: Tom Horn Gaming, EvoPlay, Nordic Gambling, Oddin.gg, nanocosmos, 7777 Gaming, Rite NRG, and Black Cat Card by Papaya

The #hipthers are thankful to our trusted media partners for sharing the great news about the Summit. We are especially thankful to Online Gamblers – the go-to hub for news, casino and sportsbook reviews, and Responsible Gambling education – whose Editor in Chief, Liga Tarasova, joined us to attend and cover MARE BALTICUM bringing her wonderful energy to the event!

Zoltan Tuendik, Co-Founder and Head of Business, commented about MARE BALTICUM 2023:

Back in the office for a couple of days now and still struck by the magic of Riga. We extend our heartfelt gratitude to everyone who attended our enhanced MARE BALTICUM Gaming & TECH Summit and contributed to its success. The insightful content shared by our esteemed speakers over the course of two days has elevated communication between the Baltic states to new heights, paving the way for a better future.

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A special thank you goes out to all those who showcased their vocal talents during the karaoke sessions, as well as those who joined in for an unforgettable singalong during the live blues set on the second evening. Your enthusiasm added an extra layer of excitement to the event.

We eagerly anticipate our return to the Baltic region and are thrilled to announce that the 2024 edition of the MARE BALTICUM Gaming & TECH Summit will take place in Tallinn. Stay tuned for the announcement of the dates, and be sure to keep a close eye on our events calendar or pre-register to receive timely updates”.

Our amazing time together in Riga sets the stage for Hipther’s next ground-breaking conference:

The classic CEEGC Budapest event which cemented our leadership in the region, returns with a major rebrand to “GamingTECH CEE Summit Budapest” on September 26th!

Join us at GamingTech CEE, the leading event for exploring the latest tech innovations in the gaming industry within Central and Eastern Europe (CEE) targeting the Balkans and D-A-CH regions.

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Register Now at a Super Early Bird discounted rate for Delegate Passes (valid until 30th June) and the highly-coveted Combo Passes will be available soon at:

https://hipther.com/events/cee/regbudapest/

See you in Budapest!

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Baltics

Lithuania Mulls Cracking Down on Gambling Ads

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Lithuanian MPs have registered amendments to the Gambling Law proposing to further tighten gambling advertising in the country as of 2025.

Around 50 MPs, mostly from the ruling majority, have signed the amendments proposing to prohibit the dissemination of information of the gambling companies sponsoring any public events, activities, natural or legal persons.

If adopted, the amendments would eliminate the advertising of betting, wagers, and casinos on television, in newspapers, magazines, or news websites and on street billboards. Neither the names nor the logos of gambling operators could appear on the jerseys of athletes and in arenas during the sporting events.

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Companies would only be able to publish information on the types of gambling at the gambling venue or on the company’s website, the address of which is specified in the Gambling Regulation.

It is proposed to allow gambling companies to publish information on gambling only in publications aimed at professionals in the business. They could advertise their name and brand on their head office building or gambling venue.

Lithuanian MPs have started considering tightening the requirements for gambling advertising amid allegations that Šarūnas Stepukonis, a former BaltCap Infrastructure Fund partner, has embezzled and gambled away millions of euros of the fund’s money.

The initiator of the amendments, Mindaugas Lingė of the ruling conservative Homeland Union, has previously said that last year the total revenue of gambling operators amounted to 222 million euros, up from 103 million euros in 2020.

The amount spent on advertising in the gambling business doubled from 6.36 million euros in 2020 to 12.73 million euros in 2023. Gambling operators’ profits increased from 20 million euros in 2020 to more than 53 million euros in 2022.

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Baltics

IGT Signs 12-Year Contract Extension with UAB Perlas Network in Lithuania to Deploy Upgraded Central System Software

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International Game Technology PLC announced that its subsidiary, IGT Global Solutions Corporation, has extended its contract with UAB Perlas Network (“Perlas”) for an additional 12 years until 2035. As part of the agreement, IGT will provide upgrades to the Lottery’s central retail system including advanced software and user interfaces.

“Upgrading Perlas’ central system with IGT technology will help us optimize and elevate the country’s most popular and exciting lottery games,” said Mindaugas Marcinkevičius, UAB Perlas Network CEO. “We look forward to implementing IGT’s upgrades and are pleased to continue this successful relationship for another 12 years.”

“The technology enhancements being provided to Perlas are backed by IGT’s decades of lottery industry leadership and experience,” said Jay Gendron, IGT Chief Operating Officer Global Lottery. “This upgraded technology will introduce an administration portal that will enable the Lottery to view and manage all applications and back-office functions, helping to improve efficiencies and maximize profitability.”

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The Lottery has been a customer of IGT’s since 1994. In 2023, IGT announced that it signed a contract with Euloto UAB (Perlas’ dependent company) to deploy its advanced cloud-based remote game server and at least 12 eInstant games per year.

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Baltics

Spinomenal goes live in Lithuania with Optibet partnership

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Leading iGaming content provider, Spinomenal has extended its successful partnership with Optibet to take its games into the regulated Lithuanian market. Spinomenal first started working with Optibet a while ago when it launched its games with the operator in Estonia and Latvia.

The library of slot content for Lithuania is being integrated via Light & Wonder’s OpenGaming™ platform. Optibet’s Lithuanian players will be able to engage with Spinomenal’s extensive collection of exciting games that stars Majestic King, Poseidon’s Rising, Times of Egypt, Book of Rampage and Lucky Jack – Lost Jungle.

Lior Shvartz, CEO for Spinomenal commented: “Optibet is a huge player in the Baltic region where we have already had significant success within the Estonian and Latvian markets. We’re thrilled to go live in Lithuania with such a strong partner.”

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Davit Khatiashvili, CPO for Optibet commented: “After a very successful launch in Latvia & Estonia, we are pleased to offer Spinomenal games to our Lithuanian customers.”

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