technology

Payment Companies Under Scrutiny for Supporting Illegal Casinos in Lithuania

10 Temmuz 2026Bllomberg

A European gambling trade association has lodged a complaint with Lithuania's banking regulator, urging an investigation into a payment firm accused of supporting illegal online casinos. This move highlights the ongoing battle against unregulated gambling operations in the country.
The complaint underscores concerns about the financial networks that facilitate illegal gaming activities.
Lithuania has been grappling with the rise of illegal online casinos, prompting regulatory bodies to take action. The involvement of a trade association indicates a collective effort by legal gambling entities to safeguard their interests and promote fair competition.
The complaint by the trade body reflects a growing urgency among legitimate gambling operators to combat the proliferation of illegal casinos that undermine their business. By targeting payment firms, which are vital in the financial ecosystem of online gambling, the association aims to disrupt the funding channels…

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