Lithuania hits gambling revenue for €116m in H1
According to the Lithuania Gaming Control Authority, compared to land-based activity, online gambling increased the H1 gambling revenue in Lithuania by 12.6%, equal to €116m....
Evoplay Has Acquired a License to Release in the Lithuanian Market
The award-winning iGame provider is now GLI-certified to execute its titles in Lithuania
After making its portfolio of titles fit to the Lithuanian-authority standards, Evoplay has a certificate to release up to 40 of its games in the expanding Lithuanian marketplace, as the provider goes forward with its growth journey.
This comes as a continuation after the group collaborated with Mozzartbet, expanding in the Croatian and Eastern European markets earlier in its journey.
Evoplay’s chief executive, Ivan Kravchuk stated about the achievements:
“Starting from the beginning of 2021, Evoplay has continuously been coming up with innovative new content, and I am delighted to see our team’s efforts pay off.
I cannot wait to provide the Lithuanian players with our everchanging exciting titles.”
The licensing deal has come across as a strategic move after Evoplay’s revenue saw an 8.1% drop last year, due to COVID-19 health-related regulations and land-based casino shutdowns.
Lithuania approves gambling tax increase for 2025
Lithuania, being the latest European country to implement a tax hike in the industry, has recently increased its gambling tax from 20% to 22%.The decision was made with...
