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Lithuanian gambling revenue up 13.5% year-on-year

Gambling revenue was €222.2m in 2023. Lithuania.- The Lithuanian Gambling Supervisory Authority has reported that gambling revenue in the country reached €222.2m in 2023. That's a rise of 13.5 per cent year-on-year from €195.8m in 2022. The growth was driven by online gambling, while land-based gambling revenue fell slightly. Online gambling…
Finance
Lithuanian gambling revenue up 13.5% year-on-year
Fantasy Football 247

Navigating 2023's Top Apple Pay Online Casinos in Hungary

If you're a Hungarian player ready to explore the world of online casinos in 2023, this article will guide you through the top Apple Pay casinos in Hungary. Our goal is to help you choose the best online casino, focusing on those that accept Apple Pay. Our Apple Pay casinos for Hungarian players selection process takes the following elements into…
Payment Methods
Super Slots
Casino Reports

Top Canadian Trustly Online Casinos 2023

Canadians playing across online casinos in recent years have gotten more and more payment methods at their disposal to choose from and use, and one global solution that has certainly been chosen by many is Trustly. The reason why your peers have chosen this global payment processing solution is because of its availability in Canada, of course, but…
Payment Methods
Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.
European Gaming

Olympic Casino Faces Another Fine in Lithuania

The Lithuania Gambling Supervisory Authority has issued another fine to UAB Olympic Casino Group Baltija following a further breach of advertising laws in the country. The Authority fined Olympic Casino €25000 after it found the operator featured information on its website about how customers could watch live sports events on Setanta Sports, but…
Sports
Olympic Casino Faces Another Fine in Lithuania
Gambling News

Lithuania Fines Olympic Casino for Illegal Promotion

Olympic Casino, a gambling company operating in the Baltics, has once again gotten in regulatory trouble in Lithuania. The operator was found guilty of incentivizing people to bet through a commercial, which is strictly forbidden in the country. Lithuania's Gambling Supervisory Authority, the country's gambling regulator, found out that Olympic…
Sports
European Gaming

Best Pay n Play payment method: Trustly, Brite & Zimpler comparison

Nowadays Trustly Pay N Play casinos are not the only option if you are looking for a registration-free casino. There are also other payment providers, such as Brite and Zimpler, who offer similar concept for online casinos. Which Pay N Play casino should you choose then: one using Trustly, Brite, or Zimpler? In this article, we explain the…
Payment Methods
Best Pay n Play payment method: Trustly, Brite & Zimpler comparison
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Why You Should Use Trustly For Online Casinos

Do you want to know which online casinos accept Trustly? Over the last several years, Trustly's popularity as a means of online financial transactions has skyrocketed. While the service sees heavy usage in the Nordic nations, it is also widely available throughout Europe. Trustly is one of the quickest and safest ways currently available, and it is…
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Why You Should Use Trustly For Online Casinos
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iGaming Business

Lithuania online revenue up 15% year-on-year

Land-based revenue also increased, by 172% to €53.8m. This dramatic result can be largely explained due to ending of 2021's Covid-era pandemic restrictions which led to closures at gambling venues, including slot parlours, totalizer points and casinos, for a number of months. Since those restrictions ended towards the earlier part of the year,…
Finance
Lithuania online revenue up 15% year-on-year
European Gaming

Updates in iGaming and Gambling Legislation in Germany

Is there a gloomy forecast for Germany's gambling industry? Due to significant delays and shifts, the German betting industry has been clouded by uncertainty in recent years. Sixteen German federal governments signed a gambling treaty in 2012 intending to introduce sports betting to the online casino industry. Learn about the difficulties facing…
Law
Updates in iGaming and Gambling Legislation in Germany
HackerNoon

How To Choose Best Online Crypto Casinos

More and more online casinos accept customers to transact through a variety of cryptocurrencies. Cryptocurrency is one of the great alternatives to traditional trading because of its undeniable benefits. Transactions with cryptocurrency are completely safe as it is not regulated by any supervisory authority or bank. Anonymity and security are the…
Strategy Guide
How To Choose Best Online Crypto Casinos
Recent Slot Releases

edict egaming is granted gaming licence by Malta Gaming Authority

edict egaming GmbH, an experienced expert for high-quality online casino solutions based in Hamburg, was recently granted a gaming licence by the Malta Gaming Authority (MGA). This entitles the Gauselmann Group subsidiary to operate its online gaming offering in licensed markets in the EU. The edict Malta Limited affiliate has held an MGA licence…
Gaming Authorities
edict egaming is granted gaming licence by Malta Gaming Authority
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What you should know about the work of Pin Up Casino

It is unlikely that anyone will deny the fact that online casinos have dramatically influenced the gambling industry and brought a lot of new things to it. Today you can try your luck in slots, table and card games online. To do this, it is enough to register at, make a deposit and decide on the gambling entertainment that you are interested in. At…
Games
The Baltic Times

Things should you know about gambling laws and the gambling scene in Latvia?

The Gambling and Lotteries Law of 2005 created a framework for all gambling operators, be it land-based or online, so the operators can legally do business in Latvia. This paved way for licensing process, and the documents that the operators need to complete to operate a casino in Latvia. Land-based gambling was legal even before 1998 when the Law…
Law
Global Compliance News

Switzerland: Swiss Federal Supreme Court approves blocking against foreign providers of online gambling

Several providers of online games of luck and chance were recently confronted with the blocking of their websites by Swiss authorities. In two recent decisions, the Swiss Federal Supreme Court (SFSC) approved these blockings, confirming that foreign providers need to take appropriate technical measures from the outset to prevent their website from…
Law
Switzerland: Swiss Federal Supreme Court approves blocking against foreign providers of online gambling
Gambling Insider

Gambling revenues: Europe on the road to recovery?

It's been a busy time for financial results within the gambling industry, with the likes of Flutter Entertainment, Entain, 888 Holdings, LeoVegas, NeoGames and Table Trac all publishing either Q2 or H12022 results last week alone. But these results have not all been favourable, with many companies continuing to fight against the implications caused…
Finance
Gambling revenues: Europe on the road to recovery?
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iGaming Business

Lithuanian gambling revenue up 66.0% to €89.3m in first half

Gross revenue for the six-month period amounted to €89.3m (£75.5m/$91.1m), up from €53.8m in the previous year when strict Covid-19 measures meant casinos, slot machine parlours and betting and totalisator points could not open or operate. As such, revenue from land-based gambling rocketed by 1139.3% from just €2.8m in 2021 to €34.7m this year,…
Finance
Lithuanian gambling revenue up 66.0% to €89.3m in first half
European Gaming

Lithuanian Regulator Issues Fines to Gaming Strategy Group and Tete-a-Tete Casino

Lithuania's Gambling Supervisory Authority has issued fines to Gaming Strategy Group, the operator of Betsson-owned Betsafe in the country, and Tete-a-Tete Casino. Gaming Strategy Group was fined €25000 for breaching rules regarding advertising after it distributed a newsletter to 10430 customers about an online game. Sent in February this year,…
Strategy Guide
Lithuanian Regulator Issues Fines to Gaming Strategy Group and Tete-a-Tete Casino
Lexology

Hungary makes moves towards liberalising remote gambling sector

On 3 February 2022, the Hungarian government notified the European Commission of its intention to end the current monopoly of the public gaming operator (the fully state-owned Szerencsejáték Zrt.) to organise remote gambling and liberalise the remote gambling sector. Based on the Draft Laws communicated to the Commission (TRIS notifications no.…
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Hungary makes moves towards liberalising remote gambling sector
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Gambling News

Olympic Casino, Tete-a-Tete Casino and Baltic Bet Fined €25K

The Lithuanian gambling regulator continued to dish financial sanctions to operators found in violation of the country's ban on gambling promotions enforced last year, adding three more to the list of sanctioned companies. The sanctions issued by Lithuania's Gambling Supervisory Authority to Olympic Casino Group Baltija, Tete-a-Tete Casino and UAB…
Sports
Olympic Casino, Tete-a-Tete Casino and Baltic Bet Fined €25K
European Gaming

Lithuanian Regulator Imposes Fine of €6789 on 7bet

The Lithuanian Gambling Supervisory Authority has issued 7bet operator Amber Gaming with a fine of €6789 for breaching the national laws brought in last year regarding the promotion of gambling. An investigation from the Commission found that on 13 October and 4 November in 2021, and also on 4 February this year, Amber Gaming published content on…
Gaming Authorities
Lithuanian Regulator Imposes Fine of €6789 on 7bet
Gambling News

Lithuania’s Authority Fined 7bet for Tempting Users

Amber Gaming has received a fine for breaching Lithuania's regulations through its 7bet brand. Lithuania's regulator, the Gambling Supervisory Authority, accused Amber Gaming of breaching some of the recently introduced laws on marketing advertisement. According to the authority, the gambling company has uploaded online content that didn't…
Gaming Authorities
Lithuania’s Authority Fined 7bet for Tempting Users
Lexology

In review: licensing and taxation of gambling activities in Estonia

i Legislation and jurisprudence The basic legal framework for gambling in Estonia is the Act. The current Act entered into force on 1 January 2009. Gambling taxation is regulated by Gambling Tax Act. All gambling advertisement regulations are established in the Article 292 of the Advertising Act. ii The regulator The ETCB exercises state…
Finance
In review: licensing and taxation of gambling activities in Estonia
Lexology

In review: licensing and taxation of gambling activities in Germany

i Legislation and jurisprudence As explained in Section I.i, the basic legal framework for gambling in Germany is the Interstate Treaty 2021, which was introduced on 1 July 2021 and marks the fourth attempt of the German states to create uniform and EU-law-compliant gambling regulation. The first amendment of the Interstate Treaty took place in…
Finance
In review: licensing and taxation of gambling activities in Germany
Malta Today

The edge of Brite payment: digital wallet makes casino payments easier for players

All online casinos offer flexible systems in terms of payment matters and banking options compared to brick-and-mortar casinos. One of the methods that an online casino offer is an instant payment scheme. This type of option is created to simplify the lives of the user because it can be used in various forms such as payment for goods, stakes, and…
Payment Methods
The edge of Brite payment: digital wallet makes casino payments easier for players
Amico Hoops

A Guide To The Best Online Casinos In The Philippines

Over the last year, the flame of internet gambling has been rekindled. A health concern spelled disaster for thousands of businesses while sparking a sort of revival for others. More than almost any other industry, online betting has benefited from the worldwide epidemic. We can conveniently say that online gambling sites have and keep on going to…
Strategy Guide
A Guide To The Best Online Casinos In The Philippines
Gambling Insider

Germany: New gambling advertising rules

Dr Joerg Hofmann, Partner at Melchers Law, follows up his recent GI Huddle appearance with his second Gambling Insider column - which focuses on gambling advertising in Germany. Since the beginning of the sports betting licensing procedure in January 2020, the topic of "advertising" has caught a lot of attention. This was mainly due to the fact the…
Sports
Lexology

The Hungarian regulator renews its activism against international gambling operators

Between 2014 and 2018 the Hungarian Gambling Authority ("HGA") had actively sanctioned international operators for online gambling services provided towards Hungarian customers. Hundreds of litigations were commenced to challenge the numerous sanctioning resolutions of the authorities by the international operators. In the wake of CJEU judgements…
Industry
The Hungarian regulator renews its activism against international gambling operators
SBC News

GiG to power Grupo Slots online sportsbook and casino operations

Gaming Innovation Group (GiG) has secured an agreement with prominent Argentine gaming firm Grupo Slots, powering the launch of the latter's online sports betting and casino operations. Designed using GiG's front-end framework, Grupo Slot's Jugadon.bet.ar web-based service will target bettors in Buenos Aires. The duo received approval from the…
Sports
GiG to power Grupo Slots online sportsbook and casino operations
Techstory

Why online casino operators are switching to cryptocurrency

This year, the world's first cryptocurrency will turn 13 years old. During this time, Bitcoin has become not only a universal means of purchasing all sorts of goods and services online and in the "real world", but also an extremely profitable business. In addition, it turned out that the invention of cryptocurrencies as anonymous decentralized…
Crypto
Why online casino operators are switching to cryptocurrency
iGaming Business

Bet-at-Home ceases online casino operations in Austria

The decision is related to a legal case in Austria in which a number of players have sought reimbursement for losses made with unlicensed operators. The only licensed operator in the country is Casinos Austria. While Bet-at-Home said it expects to eventually receive a positive ruling, a recent decision would mean that this could not come in the…
Finance
Bet-at-Home ceases online casino operations in Austria
European Gaming

Conclusion of the 4th Safer Gambling Week in Cyprus

The events and actions held during the 4 Safer Gambling Week were completed in absolute success and remarkable public response. The organisation of the Safer Gambling Week (SGW) is part of National Betting Authority's efforts to foster a culture of Safer Gambling and create the conditions for a safer environment for the players and the public. The…
Law
Conclusion of the 4th Safer Gambling Week in Cyprus
Market Screener

Softbank-Backed Sorare Faces Scrutiny From UK, Swiss Gambling Regulators

Sorare, a blockchain-based fantasy soccer game based on nonfungible tokens, is facing scrutiny from gambling regulators in the U.K. and Switzerland shortly after finalizing a $680 million funding round led by SoftBank Corp. The U.K. Gambling Commission recently said that it is carrying out enquiries into the company to establish whether Sorare…
Law
Softbank-Backed Sorare Faces Scrutiny From UK, Swiss Gambling Regulators
iGaming Business

Lithuanian regulator fines Baltic Bet

The operator was found to be "organising gambling outside of gambling regulations". The regulator said the operator had offered odds that appeared to be in error, had failed to cancel bets that should have been cancelled by regulation and didn't sufficiently limit players' bets. It did not elaborate on the bets that should have been cancelled, or…
Law
Lithuanian regulator fines Baltic Bet
Android Headlines

Behind The Scenes Of Mobile Casino Apps

The online gambling industry has come a long way during the 21st century, with technology helping to power exciting innovations across the sector. Advancements in smartphone tech have been a key driver in the gambling boom, making it easy for people to play their favorite casino games wherever they are in the world and whenever they want…
Mobile
Behind The Scenes Of Mobile Casino Apps
The Game Haus

Online Gaming and Betting: The Irresistible Allure of the Bonus

To meet the diverse needs of players, casinos and sportsbooks have taken a radical leap into the future. Almost every traditional game is now available online, and there is no limit to what these Internet-based gaming sites have to offer. They are complemented by the ever-increasing access to technological feats such as the Internet, computers, and…
Industry
Online Gaming and Betting: The Irresistible Allure of the Bonus
Lexology

In review: licensing and taxation of gambling activities in Cyprus

i Legislation and jurisprudence The gambling industry in Cyprus is regulated by a series of legislative instruments, the most prominent of which are the Betting Law (Law 37(I)/2019) and the Code of Practice in relation to the advertisement of Betting Activities (RDA 350/2017) - to the extent and in so far as its provisions are not inconsistent with…
Finance
In review: licensing and taxation of gambling activities in Cyprus
Lexology

A general introduction to gambling law in Switzerland

In January 2019, a comprehensive legislative overhaul entered into effect. The revised gaming legislation does not define'games of chance' or'gambling'. Instead, it uses'money games' as the key overarching notion that also refers to the legislative scope: the Gaming Act (or literally, the'Act on Money Games') deals with a wide range of games that…
Law
A general introduction to gambling law in Switzerland
Lexology

In review: licensing and taxation of gambling activities in Macau

The main legal and regulatory framework for casino gaming, pari-mutuels and operations offered to the public comprises the following. Games of chance Law No. 8/96/M of 22 July 1996 (illegal gambling). Law No. 16/2001 of 24 July 2001 (Macao Gaming Law). Administrative Regulation No. 26/2001 of 29 October 2001 (public tender…
Finance
In review: licensing and taxation of gambling activities in Macau
Lexology

A general introduction to gambling law in Lithuania

The definitions pertaining to gambling are provided in the Gaming Law (the Law). Gaming is defined as the playing of a game or mutual betting in accordance with established regulations where the participants seek to win money by voluntarily risking the amount they bet and where winnings or losses depend on chance, an occurrence of any event or the…
Law
A general introduction to gambling law in Lithuania
Lexology

In review: licensing and taxation of gambling activities in Latvia

Latvia gained full independence from the Soviet Union in 1991. The country's gambling industry was largely unregulated before this time. In 1998, government officials here established the first true set of gambling laws, named the Lotteries and Gambling Supervisory Authority. That year, the government created the Control Department to oversee the…
Finance
In review: licensing and taxation of gambling activities in Latvia
iGaming Business

Latvian gambling venues reopen after Covid-19 shutdown

Venues including gaming halls, betting shops and casinos were able to resume operations from 15 June, having been closed since 9 November last year. The regulator said the reopening of facilities would be contingent on operators abiding by certain rules related to Covid-19, including social distancing measures and capacity limits. Venues will also…
Covid
Latvian gambling venues reopen after Covid-19 shutdown
iGaming Business

Lithuania bans all gambling advertising

Approved by a vote in parliament (Seimas), the new amendment to the country's Law on Gambling will prohibit the promotion of gambling in any form and by means, including not only television and radio but also special events, test games, promotions, discounts, gits and other incentives. The government said that the blanket ban is designed to help…
Covid
Lithuania bans all gambling advertising
European Gaming

BOS Claims Swedish Banking Institutions Have Suspended Services Provided to Licensed Gambling Operators

Gustaf Hoffstedt, secretary-general of the Swedish trade association Branscheforenigen för Onlinespel (BOS), has claimed that all of the country's major banking institutions have suspended services they provide to licensed gambling operators. BOS said that "all major Nordic banks" - including SEB, Swedbank, Nordea, Handelsbanken, DNB Nor and Danske…
Law
BOS Claims Swedish Banking Institutions Have Suspended Services Provided to Licensed Gambling Operators
European Gaming

Swedish Gambling Regulator Finds Many Licensee Websites Still Lacks RG Information

Swedish gambling regulator Spelinspektionen has found that many licensee websites still lacks RG information. The regulator said some improvements had taken place since the last survey, which took place in 2019 and whose results were published in April 2020, but further work was still required from operators to prevent regulatory intervention. It…
Law
Swedish Gambling Regulator Finds Many Licensee Websites Still Lacks RG Information
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