Casino Gambling Legal Regulations in Lithuania

• Legal Regulations
• Licensing

Legal Regulations

As of now in Lithuania only gambling in land based casinos is legal. All forms of gambling in the online version are not regulated. In 2012 Lithuanian Parliament approved the project of the new Act in the first reading, but since then there has been no further steps to legalize this form of gambling. The draft law imposes a limit on casinos - the limit is up to 20. In addition, operators applying for a license of an Internet Casinos will have to obtain a license of at least on land based casino, 5 bets on horse racing, 10  penny arcades or 20 National Lottery points. The draft of law also grants right to the authority to govern online gambling, therefore to contact Internet suppliers to block domains of illegal operators

If you are going to make your bets in an LTL casino, you may want to learn that the Lithuanian online gambling laws have recently changed and now not all the gambling venues are considered to be legal online casinos in Lithuania. In the following short guide, we’ve covered the most important questions about the online gambling industry in Lithuania for you to know more about the safe online gambling Lithuania and play in the best online gambling sites of Lithuania only.

Currently in Lithuania only land based gambling is regulated. Besides that any other form of gambling is not regulated. On the territory of Lithuania there are currently 17 land based casinos which belong to 4 operators. Gambling has been regulated in 2001. Gambling industry is regulated by …….. which is under the Ministry of Finance which is responsible for regulating and control of the whole gambling activity in a country. The main aim of the Act is to regulate gambling in the field of commercial benefits of casino games that include mainly table games, slot machines, including slot machines in categories A and B, bingo, lottery and betting.

In 2012 Lithuanian Parliament approved approved the project of the new Act in the first reading, but since then there has been no further steps to legalize this form of gambling.

Licensing

The Lithuanian government proposed legalized online gambling and licensing by next year with regulation by Gambling Supervisory Authority and the use of ISP blocking.

The country has been working towards a more formal licensing process instead of their state-backed monopoly, but they haven't gotten to the point of making it a reality yet. The following types of licenses have been provided: Table games and Category A slot machines, Category B Slot machines, Sports betting, Bingo and Wagers The license is issued by the Committee once the approval has been received from the bodies of local governance.  스포츠토토 It's unclear what level of trust would be had in their future licensing process because of how they have tried to squeeze out competition for their state monopoly in the past. The European Commission has been pushing for Lithuania to regulate the industry, however, so that could be a good push in the right direction.

These type of operations cannot be run by persons with a criminal record or persons known for their ties with criminal groups. Gambling advertising in Lithuania is banned. Gambling establishments cannot be located in apartment buildings or in close proximity to health or educational institutions. Only marked and licensed equipment will be allowed to be used in the games. The founders are not allowed to conduct any other activities. Players can only gamble when they reach 18 years of age. Income tax on operations of gaming establishments is 15% and is paid once in a quarter.