Lithuania’s Olympic Casino Group Baltija has been fined nearly €8.4m [$9.1m] for serious regulatory violations connected to the high-profile BaltCap embezzlement case.Lithuanian authorities determined the casino operator, which is part of Olympic Entertainment Group, failed to properly monitor suspi
In 2024, the company's revenue increased by 17 percent year-on-year to reach EUR1100m.Sweden.- Betsson Group announced its financial results for the entire year of 2024, which show an increase in revenue and operating profits for the company, along with an expansion in the Latin American market.The
Google has announced updates to its Gambling and Games advertising policy, which will take effect on 14 April 2025.The tech giant has released a provisional version of the new rules. Notably, it includes a formal definition of ‘gambling,’ which was omitted in the old policy. From April, Google will
BGaming has expanded its distribution network by entering into a content integration agreement with Playtech and offers its portfolio of slot games through the Playtech Open Platform (POP). Under the agreement, Playtech's licensed operators can access BGaming's games, which allow these operators to
Lithuania approved an amendment requiring financial institutions to block all payment card transactions from unregulated operators [Tuesday]. The government said online gambling participation with unlicensed operators will be significantly restricted following the signing of the law.The payments wil
Igaming studio Evoplay has strengthened its presence in the Baltics by integrating its titles with operator Optibet. The brand, part of Entain, now hosts over 70 of Evoplay’s slots such as The Greatest Catch Bonus Buy. “This collaboration marks an important step in our commitment to expanding in
As 2025 approaches,HIPTHER Agency unveiled its events calendar for the next year. With a mix of in-person conferences and virtual gatherings, HIPTHER is set to continue delivering "world-class platforms for knowledge-sharing, networking, and collaboration in the tech, gaming, and iGaming industries,
The last few weeks have put gambling advertising back under the spotlight in Europe and farther afield. Calls for tighter regulation are mounting in the UK, while elsewhere legislators are one step ahead and passing bans.Last month, Lithuania announced an almost complete ban on gambling ads starting
Lithuania is set to ban gambling advertisements. The Lithuanian parliament voted on restricting gambling advertisements in the country. The proposed amendment was passed with 73 votes in favor and 1 abstention. As a result, the country will ban gambling advertisements from next July, except for spor
Gambling advertising is set to be banned in Lithuania.A vote took place in the Lithuanian Parliament, which looked into the restriction of gambling advertising in the country. The amendments put forward were passed with 73 votes in favor and one abstention.With this, gambling advertising will be ban
Lithuania is tightening its gambling laws to strengthen problem gambling controls and prevent irresponsible behaviour.On 8 November, the Seimas (parliament) approved new provisions to be added to the Gambling Law of the Republic of Lithuania.Key measures include enforcing a new consolidated gambling
Supplier Evoplay has announced a new strategic partnership with Fortuna Entertainment Group (FEG), marking its debut in the Czech Republic market. Under the agreement, Evoplay will integrate 39 games including "The Greatest Catch" and "Penalty Shoot-out" into the Fortuna platform. As a result,
Betsson has reported another record period of operations in the third quarter of 2024, with casino revenue being the driving force behind the growth, rising by over 20% year-over-year.Customer activity also reached a new all-time high for the operator with deposits increasing by almost 20%, while op