Lithuania gaming laws see amendment approvals

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.

The Seimas of Lithuania
The Seimas of Lithuania.

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.

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