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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.
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Expanse Studios (GMGI) Secures ISO/IEC 27001:2022 Certification
Expanse Studios, the iGaming division of Golden Matrix Group, Inc. (Nasdaq: GMGI), proudly announces its recent certification to the ISO/IEC 27001:2022 standard, which demonstrates globally leading data security standards.
This globally recognized certification reinforces the Group’s dedication to safeguarding confidential information, client trust, and strengthening its competitive position in the iGaming industry.
The ISO/IEC 27001:2022 standard establishes a rigorous framework for managing and protecting information security across all operations. By attaining this certification, Expanse Studios has implemented a comprehensive Information Security Management System (ISMS) that ensures the confidentiality, integrity, and availability of data. This certification goes beyond compliance and assures our clients and partners of our stringent security protocols, protecting against cyber threats and unauthorized access.
“Achieving the ISO/IEC 27001:2022 certification marks a significant milestone in Expanse Studios’ journey. This certification not only reinforces our security framework but also highlights our commitment to upholding the highest standards of trust and integrity for our clients and players worldwide.”, said Damjan Stamenkovic, CEO of Expanse Studios.
In an industry where information security is paramount, ISO/IEC 27001:2022 certification demonstrates Expanse Studios’ proactive stance on cyber risk management and adherence to international best practices. The certification process included comprehensive evaluations, audits, and stringent checks, all contributing to a secure environment that benefits our clients, players, and business partners.
ISO certification assures the clients that Expanse Studios operates with top-tier security mechanisms, solidifying the role of the GMGI entity as one of the most trusted and compliant partners in the iGaming sector.
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Almedia Hires 17 New Staff Fuelling Exponential Growth
– Powering the next generation of rewarded user acquisition –
Almedia, the data-driven platform engineering the future of mobile gaming user acquisition – today proudly announces a major hiring wave which includes over 17 people from leading global tech and gaming brands. The new hires are essential to Almedia’s ambitious strategy for achieving exponential growth across Europe and Northern America over the next 12 months.
The new team members will join an already established team, based in Berlin, with a current headcount of 80, supporting a global client base of mobile game developers and publishers. The expanded team joins established departments including product development, marketing, account management, fraud, and talent acquisition. The 17 new hires will drive Almedia’s core mission: elevating user acquisition to new heights and engineering the future of intelligent engagement.
Moritz Holländer, Chief Executive Officer and Founder at Almedia, commented: “Since 2020, we’ve been at the forefront of rewarded user acquisition, and our services and results are being embraced by the global mobile gaming industry, by companies such as Playtika, SuperPlay, Plarium, and Monopoly Go. Team Almedia is witnessing real-time exponential demand for its rewarded UA services, hence we have a robust scaleup roadmap in place to help us manage demand.”
He added: “What we’ve proudly achieved in four years is quite remarkable. With zero funding, a highly profitable organisation, we are humbled to be assembling a true dream team for the global mobile gaming industry. We are thrilled to welcome the latest waves of new hires to the team, which will help us to further establish our brand as the most credible, data-driven rewarded user acquisition company in the world.”
The new hires include
- Andrey Shilin, Lead Product Manager
- Holly Pickerell, Workplace and Culture Manager
- Sabina Halilovic, Fraud Analyst
- Alexander Rasch, Senior Finance Manager
- Alisson Paschoal Hausmann, Senior Mobile Developer
- Anthony Clement, SEO Manager
- April Chen, Senior Customer Success Manager;
- Benedikt Roth, Lead User Acquisition Google Ads Manager
- Caroline Sobkow, Talent Acquisition Partner
- Federica Stiscia, Senior Gaming Partnership Manager
- Marc Hammes, SEO Manager
- Mapa Vega, Senior Talent Acquisition Partner
- Pablo Herranz, Senior Talent Acquisition Partne
- Ravisankar Chinnam, Senior Frontend Developer
- Kutay Akalin, Data Scientist
- Aleksei Smagin, Junior Affiliate Specialist UA
- Neil Laverty, Senior Customer Success Manager
Almedia currently has a range of positions open across operations, talent, product, marketing and more. To learn more about careers at Almedia, visit the jobs section on the website.
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Huge Jackpot at King Billy Casino: C$3,658,306!
King Billy Casino, launched in 2017, has had some impressive players wins during the “reign of King Billy”. A few of them include Live Game winnings of €135,223, daily winnings from 2 or more slots of $164,000, and €250,000 won on a single spin. However, the latest win by a King Billy Casino player dwarfs every big win that has come before this. Actually, it’s bigger than all previous big wins combined for the operator!
Because, we are talking about C$3,658,306.
This amazing six-digit number was the result of a player going on a safari in her (and millions of other players) beloved Mega Moolah progressive slot from Games Global. In an autumn, the player stepped into eternal summer by wagering a small C$6,25 bet and winning 562.816 times her bet! This is the power of Mega Moolah, as evidenced at King Billy.
King Billy people had only warm words for the occasion. A representative of the casino has stated: “We are elated, for this huge big win. We can never forget that our first big win, many years back, was more than 200,000 Canadian dollars, so we have special ties with the region. And it’s now amazing to see our VIP-player making such a cashback and echoing that big win! Congratulations to our player”.
A few words about Mega Moolah. It was an Internet sensation when it was launched with its beautiful graphics and sounds, and immersive gameplay and it is a sensation today, still going strong after almost 20 years. The slot, which has spawned more than 20 variations, and has given millions in cash to players all over the world (including 5 millionaires in 2024 alone) features 4 types of jackpots that make it stand out from the competition.
About Games Global
Games Global is a supplier of the online gaming industry delivering force and direction to gaming with more than 1,300 top class games. The company has made a commitment to deliver the industry’s more disruptive ideas and compelling data-driven gaming experiences. Games Global features a total of 40+ partnered and in-house studios, services 600+ branded websites and boasts record-breaking jackpots with its worldwide network.
About King Billy Casino
Established on St Patrick’s Day in 2017, King Billy is a renowned new generation casino with more than 26 awards and accolades. The casino is available in English, German, French and Finnish, and created a unique user experience, building on the theme of King Billy and his Kingdom. King Billy ensures that all its players, “Citizens” in the casino language, receive the care and attention they deserve.
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