Lithuanian President Approves Online Gambling

Lithuania’s President Dalia Grybauskaitė (l.) has signed legislation to approve and regulate online gambling, according to Lithuanian media reports.

According to Lithuanian media, Lithuanian president Dalia Grybauskait? has signed amendments to the national Gaming Law which implement regulations for online gambling.

Lithuania and the Netherlands are the only member states of the European Union where online gambling is not regulated and the amendments are the first step towards regulation in Lithuania.

The amendments say that online gambling in the country must be organized only by companies that are certified, licensed and supervised by Lithuania’s Gaming Control Authority. The amendments also make promoting unlicensed site illegal in Lithuania.

The amendments will have to be approved by the Commission as part of routine EU procedure to ensure compliance with Union principles and legal requirements.