PopOK Gaming has become a finalist in the “Best Game Studio 2024” category at the SiGMA East Europe Awards, an event known for honouring excellence in the iGaming industry. This recognition reflects PopOK Gaming’s dedication to developing games that captivate both players and partners.
Tsovinar Elchyan, Head of Partnerships at PopOK Gaming, expressed the company’s pride in being recognised, stating: “We are incredibly proud to be recognised among the top names in the industry. This nomination is a testament to our team’s unwavering dedication and hard work. We remain steadfast in our commitment to advancing the gaming world and delivering captivating experiences.”
PopOK Gaming has consistently aimed to set new standards in the gaming sector. Their extensive portfolio with innovative slot games, live casino offerings, and other products, highlights their adaptability and commitment to meeting the dynamic demands of the market.
The company views their nomination for “Best Game Studio 2024” as not only an honour but also a source of inspiration to continue their path of innovation and growth. The SiGMA East Europe Awards ceremony, where the winners will be revealed, is scheduled for September 2 in Budapest, Hungary.
Earlier, PopOK Gaming talked about a partnership with SYNOT Interactive.
Meanwhile, the Lithuanian Gaming Control Authority has announced that gambling revenue in Lithuania hit €116 million in the first half of 2024, reflecting a 12.6% increase compared to the same period last year. This growth was largely fueled by the online gambling sector, which saw its revenue rise by 12.5% to €72.2 million. Player spending on online gambling also surged by 8.7%, reaching €1.05 billion.
Within the online gambling market, Category A slots—known for their unlimited winnings—generated €53.5 million from a total player spending of €627.7 million, marking a 6.2% rise. Revenue from Category B slots, which have a maximum stake of LTL1 (€0.3) and offer wins up to 200 times the bet, remained stable. Online table games saw a revenue boost of 11.7%, reaching €6.7 million. Sports betting revenue rose by 1.6%, totaling €19.3 million.
In contrast, the land-based gambling sector experienced a continued decline, with revenue dropping by 4.4% to €34.7 million. Player spending in this segment fell by 5.6% year-on-year, amounting to €217.8 million. Within land-based operations, Category B slot machines brought in €14.4 million, a decrease of 6.5%. Revenue from Category A slots, however, rose by 5.3% to €7.9 million. Table games revenue decreased by 9.1% to €8 million, and sports betting revenue declined by 6.4% to €4.4 million.
Lottery revenue, which is reported separately from overall gambling figures, reached €32.7 million, marking a 6.2% increase. Ticket sales rose by 4% to €70.9 million, while player winnings grew by 2.3% to €38.1 million.
