Social media influencers based in Estonia are potentially looking at stricter regulations surrounding the online advertisement of products and services that require a minimum age check such as alcohol and gambling. This was made clear after the Estonian Ministry of Economic Affairs and Communications announced that it is currently drafting a bill that will introduce amendments to the regulatory framework …
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Estonia is likely to become the next European nation to propose the enforcement of a blanket ban on gambling advertising. This development follows last week’s agreement on a new ‘centrist’ coalition government formed by the Reform Party, the Social Democrats, and the Eesti 200 Party. The Baltic nation will continue to be led by Prime Minister Kaja Kallas, who has …
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TonyBet continues to expand its online presence within Baltic markets, announcing its entry into Latvia following the launch of its tonybet.lv platform. Present in the markets of Estonia and Lithuania, TonyBet completes its Baltic expansion by launching in Latvia, in which it revealed that it had invested €1.5m to begin operations. The online gambling licence was approved by the Lotteries …
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NetShop ISP, a leading provider of bare-metal servers, data centre solutions, and cloud hosting, has been awarded the “Best Hosting Provider in the Baltics” award at the Baltic and Scandinavian (BSG) Gaming Awards 2022 in Vilnius, Lithuania. During the event, held at Radisson Blue Royal Astorija Hotel, sports betting and online casino professionals submitted their votes for those operators and …
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Entain Plc has this morning announced that it has contractually completed its €370 million takeover of leading Baltic markets online gambling group Enlabs AB. Issuing a market statement, Entain confirmed that it had secured 67 million Enlabs shares, corresponding to 96% of the Nordic Nasdaq First North firm’s total shareholding. Prior to this morning’s announcement, 94% of Enlabs shareholders had …
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The newly rebranded MRG Group (formerly Mr Green & Co) has confirmed that it has agreed to acquire Latvian online gambling firm 11.lv. Updating the market, the governance of MRG has agreed to acquire a 75% stake in 11.lv for €2.8 million cash, valuing the Latvian operator at €3.7 million. The acquisition sees MRG expand its presence within the Baltics …
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