Overview of the iGaming Industry in Lithuania

The iGaming industry has a giant background in Lithuania. Local betting enthusiasts have a special passion and are always looking to visit land-based or virtual casinos, even when they were illegal.

Being one of the Baltic countries, Lithuania has experienced significant changes in its attitude towards gambling recently. These days, locals have access to numerous gambling forms, and the main thing is that these activities do not break the laws.

Gambling Market Situation

Visiting Lithuania these days, you will find numerous gambling halls that open their doors to local customers and tourists. These establishments boast a wide variety of legal games, from slot machines to poker tables. While most countries allow gambling from the age of 18, you can’t bet if you’re under 21 in Lithuania.

After estimating the scale of revenue from offline gambling, the government also legalized virtual casinos. The availability of high-speed Internet and advances in mobile technology have contributed to the popularity of this entertainment. 

Local and offshore gaming platforms offer a variety of video slots, roulette, baccarat and blackjack tables, and other games. The only question is how to find a reliable and safe casino. Of course, you can do your research, but it is sometimes better to trust the professionals. Top-rated Lithuania casinos are presented on Kazinolietuva.online platform, where you will also find their reviews.

As already mentioned, the iGaming market has been significantly changed in the country. For instance, the government introduced a new, stricter licensing system for gambling operators in 2016. The establishments must meet the highest criteria related to financial stability and integrity if they intend to serve local gamblers.

The Lithuanian Gaming Control Authority (GCA), subordinate to the Ministry of Finance, is the main regulatory body that oversees local and offshore operators. In addition, the government established a National Self-Exclusion Register in 2016. This means that enthusiasts can voluntarily exclude themselves from licensed offline/online casinos. This also includes solutions for those struggling with bad gambling habits. Since then, the country has made several meaningful changes.

• July 1, 2020: the government amended the current Gaming Law by adding criteria for obtaining (revoking) a license and introducing strict penalties for violating the Gaming Law.
• July 1, 2022: the government made another change to the Gaming Law, removing the requirement for operators to have land-based venues to offer casino activities on the Internet. Now, it is sufficient to obtain the appropriate license.

The GCA also controls the advertising methods that operators use. They must follow strict requirements regarding the promotion of their services. The authority also actively combats the involvement of minors in gambling.

What is The Situation With Online Gambling?

The online casino segment has been actively developing in Lithuania since 2020. Virtual platforms are very popular, offering instant access to a variety of games. The country has laws regulating online casinos at the highest level. This allows local and foreign operators to offer their services. What games are available? A typical online casino comes with:

• Video slots.
• Table games such as roulette, baccarat, blackjack, and poker.
• Live dealers and shows.
• Lotteries and scratch cards.

These casinos often add sports betting sections. This form of entertainment is very popular in Lithuania. Regarding regulation and security, you already know about the National Self-Exclusion Register in force since 2016, which allows players to voluntarily exclude themselves from casinos. You’re unlikely to need professional help if you keep a balance between betting and real life. All that matters is to find a reliable and safe casino by focusing on the criteria below:

• Licensing and security measures.
• Providers and software.
• Bonuses and promos.
• Mobile solutions.
• Variety of payment methods.

Overall, the iGaming industry is thriving in Lithuania. The government is adopting new, stricter amendments to the current law to ensure the reliability of gaming operators. By visiting an offline/online casino, you can be sure that it meets the highest standards and is not involved in fraudulent schemes. However, be aware of the rules and laws that apply not only to iGaming operators, but also to players. You cannot visit the casino until you are 21 years old.