Lithuania gaming laws see amendment approvals

Maria Debrincat July 5, 2022

SiGMA news

Lithuania gaming laws see amendment approvals

The Seimas of Lithuania approved additional modifications to the national gambling law and the lottery & gaming tax law as part of ongoing reforms to the Baltic state’s legislation

The domicile restrictions for remote operators have been eliminated as a result of modifications to Lithuania’s gambling law and lottery & gaming tax law adopted by the Seimas.

The Seimas has now established a new category of licence for “the organization (of) remote gambling services” as the Baltic state continues to overhaul its gambling legislation.

A new license fee system that would charge remote operators a one-time price of €500,000 has also been approved by parliamentarians as part of changes to the Lottery & Tax Law.

The obligation to have a domiciled company presence in Lithuania will be waived with the help of a specific license for distant operators. A designated license for remote operators will exempt the necessity to have a domiciled business presence in Lithuania. Under current legislation, gaming establishments require municipal approval for licenses that have been given to companies with established and operational land-based venues.

The amendment read “The organisation of remote gambling, unlike land-based gambling, is not related to their execution in a specific territory (municipality), that is, remote gambling is carried out online throughout the territory of the Republic of Lithuania,”

“Therefore it is not appropriate to require the consent of the municipality when issuing a permit for remote gambling.”

Businesses that now hold licenses under the Online Gambling Law have been given a two-year window during which they must switch to a particular remote license.

Join us in Belgrade, Serbia from the 22-25th August:

The Balkans have been sought after by both tasteful tourists and entrepreneurs with an eye on the growing iGaming ecosystem calling the region home. As the home to the global Gambling community, the SiGMA Conference is known far and wide for its enlightening panels, inspiring speeches, ample opportunities to invest and network, and the ability to do it all while having the time of your life. Join us in Belgrade for the best the industry has to offer and for a window into the future of worldwide gambling. To learn more about sponsorship and speaking opportunities or to inquire about attending the event, please contact Sophie at [email protected].