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Online Gambling Laws and Regulations in Lithuania 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.
Yes, according to the current online gambling law in Lithuania, online gambling in Lithuania is legal providing the legitimate online casinos for Lithuania players have obtained the proper licenses from the online gambling authority of Lithuania.
The legal body responsible for gambling online in Lithuania and issuing all the online gambling Lithuania legislation is called the Gaming Control Authority under the Ministry of Finance of the Republic of Lithuania, or just the Gaming Control Authority to cut it short.
The operation of the Lithuanian online casinos is regulated by the Gaming Law issued in and amended in Gambling in the online casino Lithuania is legal as well as the sports betting and lotteries.
Both sports betting and lotteries are not state monopolies and there are several companies ready to take your bets like Omnibet, Oraculus, and Baltic Bet.
The most popular casino is called the Olympic-Casino Acropolis. According to the current laws, players allowed to play in an online casino for real money in Lithuania should be at least 21 years old, same laws also apply to the brick-and-mortar casinos.
History of Gambling in Lithuania. When the country became a part of the Soviet Union in the s, all kinds of gambling became strictly forbidden.
As the Soviet government considered gambling to be the part of the hated capitalism, it was pretty serious about this prohibition.
The situation changed in the s when Lithuania became an independent country and started to follow the rules of the free market.
The activity of the casinos of that times was completely unregulated: Obviously, the safety of some casinos was quite doubtful and they could do more harm than the modern online casinos accepting Lithuania players.
Due to the influence of the Catholic Church, the government approved the first Gaming Act in to create the regulated gambling market in Lithuania.
At the same time, the top online casinos for Lithuanian players remained unregulated which basically meant that anyone could play any games both in the Lithuania based online casinos and those located outside the country.
Thus, online gambling has become very popular among the population and many people are now betting in the best online casinos for Lithuanians.
According to the new laws, all the LTL casinos now have to obtain the license just like the land-based casinos do and pay the assigned tax to the Gaming Control Authority.
There are still some unlicensed casinos available for betting but their blockage is likely just a matter of time. Predictions About the Future of Online Gambling in Lithuania Lithuania was one of the last countries in the EU to regulate its gambling market and oblige the best online casinos for Lithuanian players to obtain licenses and satisfy all the safety and commercial requirements.
Even though the market regulation could cause some problems for the Lithuania online casino sites, the players have got the safe and regulated gambling environment where they can make their bets in the top 10 Lithuanian online casinos and get the real winnings.
As for us, we continue to keep an eye on all the possible changes in the Lithuanian gambling market and regularly update our list with the new online casinos for Lithuania players.
Of course, we have not forgotten about the mobile gambling fans.