The Gambling Supervisory Authority in Lithuania has issued a €15,000 ($14,437) fine to TOPsport UAB for breaching Part 3 of the Gambling Law. According to the regulator’s findings, the operator failed to correctly install and use the necessary digital video recording systems at two retail sports betting venues in Klaipeda. The decision is not final […]
ParlayBay, a company that focuses on the gamification of sports betting through unique titles, has teamed up with 7Bet, a Lithuanian sports betting operator. As a result, 7Bet will have access to the full range of titles offered by ParlayBay and seek to inspire audiences to engage with the platform on a deeper level. ParlayBay […]
ParlayBay – an iGaming startup focused on creating immersive sports betting experiences – will power the Lithuanian sports betting giant TOPsport with its critically-acclaimed sports betting products. ParlayBay Agrees to Power TOPsport with Games The agreement will see ParlayBay provide TOPsport.lt with its full suite of sports betting games. This will include cutting-edge titles such […]
Lithuania’s Gambling Supervisory Authority continues to enforce its ban on gambling advertising. The regulator fined Gaming Strategy Group, the company behind Betsson brand Betsafe for breaching advertising regulations. Tete-a-Tete Casino caught the regulator’s ire for allowing players located outside of the country to bet via its website. Betsafe Got Fined for Illegal Advertising Betsafe found […]
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. Encouraging Gambling Is Prohibited The sanctions issued by Lithuania’s Gambling Supervisory Authority to Olympic Casino Group Baltija, Tete-a-Tete Casino and UAB Baltic […]
Amber Gaming has received a fine for breaching Lithuania’s regulations through its 7bet brand. Amber Gaming’s Subsidiary Tempted Players 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 correspond to […]
The Lithuanian Gambling Supervisory Authority, the gambling watchdog, has fined 7Bet operator Amber Gaming citing violations of the country’s existing regulatory framework. Lithuania Issues Penalty to 7Bet for Gambling Offenses The sum of the penalty is approximately $35,600 (€31,460) and cites several offenses, including gambling advertisement breaches and allowing foreign citizens to access the operator’s […]
The Lithuanian Gaming Control Authority has demanded that all illegal offshore gambling operators cease their operations. Those who refuse to comply with the country’s gambling laws risk getting blacklisted for the time being. The Regulator Combats Unlicensed Gambling According to the regulator and the local rules on gambling, all online wager-oriented platforms should be licensed […]
In light of the economic impact brought by the COVID-19 pandemic, the retail gambling revenue in Lithuania plummeted. Retail Gambling Revenue in Lithuania Plummeted in 2020 The global COVID-19 pandemic which started early last year has impacted millions of businesses across the globe. By now, there isn’t a place in the world that has not […]
Finnplay Technologies announced its founder Martin Prantner decided to step aside from his role as managing director and the online casino technology and services provider will replace him with Sari Aitokallio. “I welcome the opportunity to lead Finnplay into this next exciting stage in its development as a world-class supplier to our industry.” Sari Aitokallio, […]
