{"id":187097,"date":"2021-09-28T00:34:40","date_gmt":"2021-09-28T07:34:40","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=187097"},"modified":"2021-09-28T17:39:04","modified_gmt":"2021-09-29T00:39:04","slug":"lithuania-online-gaming-potentially-expanding-in-european-country","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/","title":{"rendered":"Lithuania Lawmakers Debate Expanding Online Gaming Market"},"content":{"rendered":"

Lithuania is debating whether to move forward with expanding its legal online gaming industry by way of a new fully remote permit.<\/p>\n

\"Casino
Casino Olympic in Vilnius is seen. While COVID-19 kept streets barren in Lithuania during much of 2020, online casinos experienced increased play. That has led to lawmakers in the European nation considering a further expansion of online gaming. (Image: Casino Olympic)<\/figcaption><\/figure>\n

The European nation’s legislature — the 141-member Seimas — has issued its early support of creating new gaming privileges for operations that would be conducted exclusively online. Currently, Lithuanian internet gaming permits are only available to entities that are licensed and running a brick-and-mortar casino in the Baltic state.<\/p>\n

Lithuania is presently home to dozens of small boutique casinos, many of which are found inside hotels. Slot machines, table games, and sports betting are all legal gambling formats.<\/strong><\/p>\n

The Olympic casino brand reigns supreme in Lithuania. The gaming operator has more than a dozen casinos throughout the country in six cities, including Vilnius, Kaunas, and Klaipeda.<\/p>\n

No Strings Attached<\/b><\/h2>\n

iGaming Business <\/i>reports that present law in Lithuania governing gaming requires remote gambling permits<\/a> to be tethered to a land-based casino. It’s a regulatory arrangement that resembles legal iGaming markets in the US, such as New Jersey and Pennsylvania.<\/p>\n

\n

The online gaming news site says the amendments that received the first reading in the Seimas and subsequent first vote of approval would establish fully remote online gambling licenses. The iGaming concessions would cost \u20ac1 million (US$1.17 million), plus an additional cost depending on the operations the application is seeking.<\/p>\n<\/div>\n

For interactive slot machines only, an iGaming firm would need to pay \u20ac300,000 in addition to the \u20ac1 million fare. For online bingo, the fee drops to \u20ac100,000. For all iGaming rights, the total runs up to \u20ac500,000.<\/p>\n

Applicants must be financially sound when applying for an iGaming permit. The Lithuania gaming amendments require that an online gaming applicant have at least \u20ac1.2 million in the capital on hand.<\/p>\n

Before an iGaming platform can seek one of the three fully online licenses, Lithuania’s Seimas will need to read the amendments for a second time and realize a second vote with majority support. If that happens, the expanded internet gaming market will be ratified.<\/p>\n

Tax Generator<\/b><\/h2>\n

Financial projections from the Seimas concluded that the online gaming permits being considered would result in an additional \u20ac8 million in new tax revenue annually. The proposed amendments to Lithuania’s gaming law allocates some of the new money for addiction prevention services.<\/p>\n

Lithuania is considered a wealthy country. The World Bank reports that the country’s average gross domestic product per capita in 2020 was roughly $20,000. That’s nearly double the world GDP per capita average.<\/p>\n

Lithuania, like many other countries, experienced a decline in tax revenue due to COVID-19. The country reported earlier this year that its tax receipts plunged more than $200 million during its latest fiscal year, which ended in March.<\/strong><\/p>\n

Lithuania’s COVID-19 vaccination rate is on pace with the United States. The latest health data out of the European country<\/a> reveals that approximately 60 percent of Lithuanians are currently fully vaccinated, and another four percent are partially vaccinated.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lithuania is debating whether to move forward with expanding its legal online gaming industry by way of a new fully remote permit. The European nation’s legislature — the 141-member Seimas — has issued its early support of creating new gaming privileges for operations that would be conducted exclusively online. Currently, Lithuanian internet gaming permits are […]<\/p>\n","protected":false},"author":25,"featured_media":187102,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13],"tags":[],"acf":[],"yoast_head":"\nLithuania Lawmakers Considering iGaming Expansion<\/title>\n<meta name=\"description\" content=\"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lithuania Lawmakers Considering iGaming Expansion\" \/>\n<meta property=\"og:description\" content=\"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-28T07:34:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-29T00:39:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/\",\"url\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/\",\"name\":\"Lithuania Lawmakers Considering iGaming Expansion\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg\",\"datePublished\":\"2021-09-28T07:34:40+00:00\",\"dateModified\":\"2021-09-29T00:39:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg\",\"width\":1200,\"height\":800,\"caption\":\"Casino Olympic Lithuania iGaming online gambling\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"iGaming\",\"item\":\"https:\/\/www.casino.org\/news\/internet-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Lithuania Lawmakers Debate Expanding Online Gaming Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lithuania Lawmakers Considering iGaming Expansion","description":"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Lithuania Lawmakers Considering iGaming Expansion","og_description":"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.","og_url":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-09-28T07:34:40+00:00","article_modified_time":"2021-09-29T00:39:04+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/","url":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/","name":"Lithuania Lawmakers Considering iGaming Expansion","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg","datePublished":"2021-09-28T07:34:40+00:00","dateModified":"2021-09-29T00:39:04+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"Lithuania is debating whether to move forward with expanding its legal gaming industry by way of online channels.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/Olympic_Casino_Gedimino_1-1280x720-1.jpeg","width":1200,"height":800,"caption":"Casino Olympic Lithuania iGaming online gambling"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/lithuania-online-gaming-potentially-expanding-in-european-country\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"iGaming","item":"https:\/\/www.casino.org\/news\/internet-gaming\/"},{"@type":"ListItem","position":3,"name":"Lithuania Lawmakers Debate Expanding Online Gaming Market"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/187097"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=187097"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/187097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/187102"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=187097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=187097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=187097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}