Apr27
Evoplay and Betsafe Collaborate to Expand Gaming Opportunities in Lithuania
Ezugi Receives Certification from Lithuanian GSA
August 18, 2020 Alex Hoffmann
Provider of live gaming studios in Europe, America and Asia, Ezugi, has realized the next step in expanding its presence on the global market by securing a game certificate to operate in Lithuania.
As part of the Evolution Gaming Group since January 2019, the supplier is also among the first live dealers to launch in the territory, ensuring a steady presence on the iGaming scene.
To launch its title suite with several operators in the weeks, Ezugi first received certification from the Lithuanian Gambling Supervisory Authority (LGSA). Among the forthcoming products are live blackjack, recently launched jackpot roulette with player retention properties and baccarat versions, as well as a range of other releases and variants, expected to go live shortly.
A Jurisdiction with Tremendous Potential
According to the press release, Lithuanian certification comes right after the official approval from authorities on the Isle of Man, as well as Estonia and Bulgaria. Ezugi is confident that its efforts to expand in the region are based on the enormous potential of the market, as live casino continues to grow in popularity with players around the globe. In addition, the recent certification became valid only after successfully meeting test standards.
Pang Goh, the company’s business development director said about the expansion into the Lithuanian market:
“We are delighted to have secured certification and we will complete several successful launches in the coming weeks with our key partners in Lithuania. The team has done an incredible job when it comes to ensuring that our games meet the high standards set by the regulator making us confident of our ability to meet them.”
Goh also stated that obtaining approvals in regulated markets around the world is the driving force behind the company’s growth strategy.
“The latest certification marks our arrival as the leading live dealer provider. We see huge potential in Lithuania and believe that live dealer will become a significant vertical in its own right as the market continues to grow and mature.”
Last year, Evolution negotiated the acquisition of Ezugi for an initial consideration of $12 million. The company later included a potential additional offer of up to $6 million.
Back in April, Ezugi reached another successful content distribution agreement with GrooveGaming, extending its live casino portfolio with a fast-growing and reputable brand.
More Game Shows in the Pipeline
Aside from going live with PointsBet, Intralot and Betzest throughout July and August, the renowned software provider Evolution Gaming has also lined up an exclusive new product, Crazy Time. Packed with a new bonus and multiplier, the latest addition s Dream Catcher, Mega Ball and Monopoly Live in of excitement, mechanics and overall concept.
To date, the studio has never applied so many addons in a single game, which promises a continuous and varied type of action. According to the developer, Crazy Time has taken a year to evolve, becoming the company’s most expensive project so far. The pre-launch test period has shown huge interest from players around the world, which gave the producer green light to bring out the action to a wider audience.
Source:
“Ezugi Gains Lithuania Certification For Global Expansion”, Josh Stewart, realmoneyaction.betsandodds.net, August 16th, 2020.
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