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Estonia’s Gambling Tax Revenue Falls in February

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Estonia’s gambling tax revenue has fallen one third in the month of February.

Restrictions imposed due to coronavirus are having a significant impact on gambling tax receipts, to the extent they are paralysing activities of activities, including those related to social welfare, financed by the tax and under the auspices of the Ministry of Social Affairs, the ministry says.

“The fall in gambling tax receipts will undoubtedly put great pressure on the ministry to finance agreed projects,” Rait Kuuse, deputy secretary-general for social policy at the social affairs ministry, said.

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“Our goal, in cooperation with our partners, is to find an opportunity to continue the agreed activities and, if necessary, to make new decisions together in certain places, if, for example, the implementation of what was agreed proves impossible due to the implemented restrictions. We have asked all partners to review the activities planned for this year and to reevaluate which activities it is reasonable to realize in view of the emergency situation and whether anything can be postponed,” Kuuse added.

Application rounds for small projects currently financed via the gambling tax and which would be difficult to implement as a result of the effects of the coronavirus pandemic and accompanying emergency situation have been suspended.

Gambling tax receipts in February had already fallen by one third; a larger fall is expected through the spring months.

“Payments for the second quarter of 2020 took place in April, according to the agreed payment schedule, and we are working to mitigate the negative effects of the crisis,” Rait Kruuse said.

“As a result it is important for us to decide how to proceed, to negotiate openly with our partners, and to provide adequate information about the situation. In doing so, we are considering all ways to ensure sustainable funding for partners to carry out the necessary activities,” he added.

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The Tax and Customs Board (MTA) says that gambling tax receipts were distributed with 45% of the tax coming from lotteries, 34% from slot machines, 5% from casino gaming tables, 4% from toto (a type of lottery-ed,) and 10% from online and other remote gambling.

One percent of gambling tax was collected from tournaments involving games of chance.

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Aviatrix granted certification in Estonia

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Aviatrix has received certification to offer its award-winning crash game to operators in Estonia.

It marks the latest regulated market that Aviatrix has entered into, with the game already live in the country with leading brand FenixBet.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “Securing certification in Estonia is another exciting step forward for Aviatrix as we continue to expand into regulated markets. We’re thrilled to already be live with FenixBet and look forward to delivering our innovative crash game experience to even more players in the country.”

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Aviatrix has added a host of regulated markets over recent months, including Spain, Colombia, Brazil and Peru.

It underlines the team’s commitment to bringing the game to players around the world.

Aviatrix is a constantly evolving game, with regular feature updates for partners, including the recent launch of free bets, now available through in-game promo codes.

The post Aviatrix granted certification in Estonia appeared first on European Gaming Industry News.

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Playson powers ahead in Europe with Fenikss partnership

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Award-winning slots provider delivers array of top-performing titles to Latvian operator via Relax Gaming’s aggregation platform

Playson, the accomplished digital entertainment supplier, has continued to cement its impressive European market presence after launching its games portfolio with Latvian operator Fenikss.

Operating under the industry renowned NOVOMATIC group, Fenikss is one of Latvia’s leading operators with a vast online and land-based slot offering and comprehensive sportsbook.

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The agreement sees Playson support Fenikss’ commercial ambitions and expansion strategy with the supplier’s leading titles, including Royal Coins 2: Hold and Win, Book of Gold: Multichance, and Royal Joker: Hold and Win, now available on the operator’s website.

Playson continues to strengthen its European footprint and the latest integration, facilitated by Relax Gaming’s aggregation platform, underlines the supplier’s commitment to establishing itself within highly mature regulated markets.

Blanka Homor, Sales Director at Playson, said: “We are pleased to enjoy further growth in Europe with this exciting partnership with Fenikss, who will benefit from an array of our strongest performing titles.

“We are confident Fenikss’ significant Latvian presence, combined with our stimulating and graphically driven slots, will lead to impressive business growth.

Martins Opmanis, Head of I-Gaming Department at Fenikss, said: “Playson’s slots continue to be in high demand across Europe and we are delighted to host a selection of their titles on our online platform.

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“We are confident they will complement our diverse offering perfectly and look forward to watching this collaboration flourish.”

The post Playson powers ahead in Europe with Fenikss partnership appeared first on European Gaming Industry News.

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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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