Lithuanian Regulator To Increase Pressure On Unlicensed Operators

Ministry of Finance backs Lithuania Gambling Control Authority's drive against illegal online gambling operators

Backed by the nation's Ministry of Finance, the Lithuania Gambling Control Authority has announced that it will take severe action against unlicensed gambling operators targeting Lithuanian online punters, and plans to tighten and increase monitoring within its area of authority.
A spokesman for the authority warned foreign operators that they must be in possession of a Lithuanian licence before they can market and offer online gambling services in the Baltic state.
Among the weapons the Authority has at its disposal is an ability to limit financial transactions to and from unauthorised operators, a strategy supported by the cooperation of Lithuanian financial institutions, the spokesman revealed, adding that the new regulations will be strictly and energetically applied.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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