Posts

Showing posts from June, 2021
Image
  Gambling in Lithuania History of casinos in Lithuania Gambling in Lithuania has been legalized rather recently. When Lithuania was part of the USSR, any gambling activities were not allowed there. The situation became changing after Lithuania regained independence in 1990. In 2001, the government decided to regulate gambling, and operators had an opportunity to open legal casinos on Lithuania’s territory. Online gambling was legalized in 2016. Regulation of gambling business on the territory of Lithuania As we have already mentioned, gambling activity is regulated by the Gambling Act in Lithuania. The government amended and supplemented the Gambling Act later. The Gaming Control Authority issues gaming licenses. The Gaming Control Authority was created in 2001 under the Ministry of Finance, which controls the activities of gambling operators in Lithuania. After getting a gambling license, casinos, or betting platforms, operators also have to receive a permit from the Gaming Control A