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Lithuania To Increase Pressure on Unlicensed gambling operators
Tuesday January 5,2016 : 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.
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Karaoke parlour Gambling Ring Busted -
The Cambodia Daily newspaper reports that police in Poipet have shut down an online gambling company being run out of a karaoke parlour, and have interrogated 63 Chinese nationals associated with the enterprise.
Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
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