Reading Time: 3 minutes
In Lithuania, the iGaming sector has a long history. Local betting enthusiasts are passionate about gambling and always look forward to visiting land-based casinos or virtual ones, even if they were illegal.
Lithuania, being one of the Baltic states, has seen a significant change in recent years regarding its attitude to gambling. Locals can now choose from a wide range of gambling activities that do not violate the law.
Situation of the gambling market
You will find a number of gambling halls in Lithuania that welcome both local customers and visitors. The establishments offer a variety of legal games from poker tables to slot machines. In Lithuania, you cannot bet under the age of 21.
The government legalized virtual casino after estimating the revenue generated by offline gambling. High-speed Internet access and mobile technology advancements have helped to increase the popularity of these games.
Local and offshore gaming platforms provide a wide range of games, including video slots, roulette tables, baccarat, blackjack, and more. It is important to choose a casino that you can trust. You can certainly do some research but sometimes it’s better to trust professionals. Kazinolietuva.online is a platform that features Lithuania’s top-rated casinos, along with their reviews.
The iGaming industry has undergone a significant change in the country, as we have already discussed. In 2016, the government, for example, introduced a stricter licensing scheme for gambling operators. If they want to serve local players, the establishments have to meet strict criteria for financial stability and integrity.
The Lithuanian Gaming Control Authority, which is subordinate to Ministry of Finance (MoF), is the principal regulatory body for local and offshore operators. The government also established a National Self-Exclusion Register (NSER) in 2016. The government has also created a National Self-Exclusion Register in 2016. It also offers solutions to those who have bad gambling habits. Since then, several important changes have been made in the country.
- July 1 2020: The government amended the Gaming Law, adding criteria for obtaining a license (revocation) and introducing harsh penalties for violations of the Gaming Law.
- On July 1, 2022, the government will make another change to the Gaming Law. It will remove the requirement that operators have a land-based venue to offer casino games on the Internet. It is now sufficient to have the correct license.
The GCA controls advertising by operators. The GCA has strict rules for the promotion of services. The authority actively combats minors’ involvement in gambling.
How is the situation with online gambling?
Since 2020, the online casino market has grown rapidly in Lithuania. Virtual platforms, which provide instant access to many games, are extremely popular. Online casinos are regulated at the highest levels by laws in the country. Local and foreign operators can offer their services. What games are there? What games are available?
-
Video Slots
-
Table Games such as Roulette, Baccarat, Blackjack, and Poker.
-
Live Dealers and Shows
-
Scratch cards and lotteries
Many casinos have sections for sports betting. This type of entertainment is popular in Lithuania. In terms of regulation and safety, you’re probably already familiar with the National Self-Exclusion Register that has been in place since 2016. This allows players to exclude themselves voluntarily from casinos. If you maintain a healthy balance between your betting and real-life, it’s unlikely that you will need professional assistance. It’s important to choose a casino that is safe and reliable by considering the following criteria:
-
Security measures and licensing.
-
Software and service providers
-
Promotions and bonuses
-
Mobile Solutions
-
Payment methods available in a variety of forms.
In general, the iGaming sector is thriving. To ensure that gaming operators are reliable, the government has adopted new and stricter amendments. You can rest assured that an online/offline casino will meet the highest standards, and not be involved in any fraudulent schemes. Be aware that the same rules and laws apply to iGaming providers as well as players. You must be 21 to enter the casino.
