Home Posts tagged Gambling in Lithuania
Scientific Games Corporation announces a new, five-year contract with the Lithuanian National Lottery operator, Olifėja, to provide lottery instant games. The contract may be extended by the Lottery for two additional years. Scientific Games began creating and producing games for Olifėja in 2010, developing a product portfolio and responsibly growing instant game retail
Lithuania published a series of strict new guidelines for gaming operators after accusations that the sector is an easy target for money laundering activities. According to the Lithuania’s Gambling Supervision Service the guidelines outline which factors should be taken into account by gambling and lottery companies when assessing business relationships, monetary
BetGames.TV has announced the appointment of Andreas Köberl as its new CEO. The appointment is aimed at helping facilitate company’s next level of growth, with Köberl taking over the reins from founder Vygerdas Jonikas, who will now focus on product innovation, in his new role as chief product officer. Köberl joins the Lithuanian-based supplier from […]
Following a series of portfolio enhancements, the supplier’s live casino games are now available to players In Lithuania for the first time. NetEnt has made its debut in Lithuania following a successful integration of its live casino games with Betsson Group’s Betsafe brand, strengthening the supplier’s stronghold in regulated European markets. NetEnt Live’s portfolio has
Lithuanian gambling industry generates less revenue due to Coronavirus crisis.  Legal market falls 2.8% year on year to €25.9million in Q1 2020. The crisis has the biggest impact on the country’s land-based gambling. Lithuania’s offline venues have been closed since March 16, which resulted in a 20.8% fall in turnover to €94.3million during the quarter. […]