THE BETTING MARKET Tere are five companies operating betting and
around 160 betting points. Revenue for this sector last year was €10.17m. Tere are 230 gaming machines operated in these betting locations with each having between one and four gaming machines.
Te authorised capital for companies operating bingo, totalisator and betting is €289,000 and for horse race totalisator it is at least €144,000. A minimum of 25 per cent of this capital must be kept as a guarantee. Te betting operators are:
Top Sport was set up in the country in 2002 and operates 85 betting locations and 31 betting shops and online platform
topsport.lt. Last year NetEnt launched games into the Lithuanian igaming market following a deal with TopSport.
OptiBet has 22 betting shops. Optibet belongs to the Enlabs group of companies (previously known as Nordic Leisure) and entered the Lithuanian market in 2017 after acquiring betting shops and later launched the online
Optibet is a major online casino in Lithuania. In April, Enlabs added 30 Novomatic slot and table games to its Lithuanian licensed online casino
Optibet.lt via Novomatic’s interactive division, Greentube. Robert Andersson of Enlabs said: “Te changes in the gaming act will make it even harder to enter the market but we are very happy to know we already have a strong foothold in the market. We strongly believe it will be a great market going forward and online will be the major growth driver.”
brand in 2018. Optibet was founded back in 1999 in Latvia and is now a leading gaming brand in the Baltic States of Lithuania, Latvia and Estonia.
online gambling site offering casino games.
Tete-a-Tete was set up in 2003 and opened its first slot hall in November of that year in Kaunas. Te company has since grown significantly and today has 90 slot halls around Lithuania.
Novomatic’s subsidiary Novogaming Vilnius operates 22 electronic casinos in Lithuania. Tey are modern gaming halls which have also incorporated sports betting operations since 2015.
Olympic Casino Group operates the OlyBet slot halls, with nine halls in total across the country.
Tere are six halls in Vilnius – OlyBet Mandarinas, OlyBet Station and Olybet Akropolis, plus three Olybet betting shops and slot halls. In Kaunus, Olympic has the Olybet Sports Bar and OlyBet Slot hall Kreve, plus an additional slot hall in Panevezys. Between them, Olympic operates 164 slots.
Finally, Top Sport is a huge player in the slot machine gaming halls and sports betting sector with 40 slot hall locations. Top Sport began its activities in 2002 with its first betting point and today offers modern and online betting platforms offering casino games and betting. TopSport has 85 betting points in total across 28 cities.
Optibet is also a major online casino in Lithuania. In April, Enlabs added 30 Novomatic slot and table games to its Lithuanian licensed online casino
Optibet.lt via Novomatic’s interactive division, Greentube. Te addition of these games brings the Optibet total game count to 390, of which 30 are exclusive to Optibet in the Lithuanian market.
Robert Andersson of Enlabs said: “Te changes in the gaming act will make it even harder to enter the market but we are very happy to know we already have a strong foothold in the market. We strongly believe it will be a great market going forward and online will be the major growth driver.”
Losimu Strategine Group has 14 betting points. It previously operated under the brand of TonyBet which was originally founded in 2009 by famous poker pro and politician Antanas Guoga (Tony G). TonyBet operates via UK and Estonian gaming licences and provides its services online
NEWSWIRE / INTERACTIVE / MARKET DATA P99
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170
