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LITHUANIA EMBRACES ONLINE GAMBLING
Thursday June 11,2015 : LITHUANIA EMBRACES ONLINE GAMBLING
President Dalia Grybauskaitė signs amendments to the country's gaming law which ensure supervision for online gambling.
The publication Delfi.lt reports that last Friday Lithuanian president Dalia Grybauskaitė signed amendments to the national Gaming Law, which will ensure the supervision of online gambling.
The president noted that Lithuania and the Netherlands are the only member states of the European Union where remote gambling activities have not been regulated, and that the amendments are the first step towards regulation and supervision of online gambling.
President Grybauskaitė said regulation was necessary to prevent the growth of an illegal underground market in internet gambling, thus protecting citizens - especially the underaged - from unregulated and unsafe online operators.
The amendments stipulate that remote gambling may be organised only by companies that are certified, licensed and supervised by Lithuania's Gaming Control Authority. The amendments also clarify that the promotion of illegal websites and operators will be illegal in Lithuania.
Delfi,il notes that the European Commission has reminded Lithuania on the necessity for regulation, and the importance that it be done in accordance with public order, security and health.
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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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