Best Online Casinos In Lithuania 2024

History of casino gambling in Lithuania

Online gaming in Lithuania has a history that dates back to the 1940s. At this point, Lithuania acceded to the Soviet Union. In this year, all gambling was banned. The Soviet government didn't like gambling. They assumed that it was linked with capitalism. So they were strict about the ban.

In 1990, Lithuania gained its independence. Thus, they started following free game casino market rules. There were no clear gambling laws, so gambling wasn't officially allowed but also not banned. Casinos started opening, but they didn't follow the rules. They didn't pay taxes. Casinos did not care about age limits. Some platforms were not even safe.

The Lithuanian government made a law called the Gaming Act in 2001. This law made rules for traditional casinos. They needed licenses and had to pay taxes. However, online casinos were still not regulated. People could play on any online casino in Lithuania or from other countries.

In 2016, the Lithuanian government strengthened the legislation. Like traditional casinos, online ones have to obtain licenses and pay taxes. Only licensed real-money casinos in Lithuania could accept local players. Unlicensed ones might be blocked soon. Some are still there, but they could be blocked.

How are online casinos regulated in Lithuania?

Lithuanian online casinos are governed to ensure secure gaming. Operators from the European Economic Area have applied for a license since 2016. This license allows them to conduct online gaming in Lithuania.

2020 saw the implementation of new gambling laws and regulations in Lithuania. Online casino operators no longer require land-based casinos to function. They must obey tight guidelines and pay a license fee. The quantity of money required differs according to the sort of gaming.

The Lithuanian Gambling Control Authority enforces these restrictions. The LGCA is part of the Ministry of Finance. They monitor online casinos and can shut them down if they violate the rules. Online casinos must collaborate with traditional casinos.

Moreover, they can't give new players bonuses or gifts, and they can't advertise gambling. They also have to block payments from players who don't have bank cards. That stops illegal gambling and protects players.

These laws make sure online gambling in Lithuania is safe and legal. Players can trust that the games are fair and their money is safe​​​​​.

Main provisions of The Gaming Law

The Gaming Law of the Republic of Lithuania, or "Lošimų įstatymas," includes several important rules. The Lithuanian Gaming Control Authority keeps an eye on illegal online gaming. They act strongly against unlicensed online gambling and stop banks in Lithuania from processing payments linked to illegal gambling activities.

This law has brought special licenses for only online gambling, which was different before. Earlier, only those with a license for physical gaming could do online gambling. Now, there are different rules and fees for online gambling licenses.

The Gaming Control Authority is very strict with online gambling operators of new casinos in Lithuania who don't have a license. Only those with the correct permission can offer online gambling services in Lithuania. The law has also changed to welcome international online gambling providers by removing restrictions on where the operators are based.

There are resources and experts available to help with problem gambling. They help people with gambling problems and work on preventing gambling addiction with public talks and education.

The law doesn't specifically mention if there are different legal rules for online versus physical casinos. Also, it doesn't detail age restrictions or any rules for specific groups like professional athletes in gambling​​​​​​​​​​.

Gambling taxes in Lithuania

In Lithuania, the laws on gambling taxes have seen significant changes to better fit the modern gambling landscape. There's a new way of charging remote gambling operators, where they now have to pay a fee of €500,000 once.

For those who run both online and physical gambling services, the fee is higher, at €1 million. This new fee system is part of Lithuania's plan to keep up with changes in gambling, especially between online and in-person gambling activities​​.

The country is also moving towards taxing land-based gaming based on how much money it makes, known as Gross Gaming Revenue (GGR). Before, operators of slot machines and live casinos in Lithuania had to pay a set fee depending on how many machines or tables they had. The proposed change will tax them at 18% of their GGR.

This is to make the tax system fairer and more transparent. With this system, the taxes paid by gambling businesses will go up and down with their earnings, making it a more transparent way to handle taxes in the gambling industry​​.

Top 5 best online casinos in Lithuania

Online casino gambling is a hit in Lithuania. Below are the top 5 1 Euro casinos that offer these high-quality games.

Starda

Lithuania's homegrown hero, Starda, boasts an intuitive interface, generous free spins casino bonuses, and a focus on local payment options like Paysera. Its strong customer support and growing game library, including live dealer tables, solidify its top spot.

1xBet

A global powerhouse, 1xBet is an Online Casino accepting players from Lithuania. Its massive casino games, live dealer options, and extensive casino attract it. Expect lightning-fast deposits and withdrawals and diverse game providers.

GGbet

Designed to be simple, GGbet caters to casual players with user-friendly navigation and a straightforward no-deposit bonus casino. Its mobile app shines, and frequent tournaments keep things exciting.

VulkanBet

With its vintage slots and table games collection, VulkanBet, an established online casino, provides a nostalgic experience. It is reliable, has a solid license, and offers committed customer service and support for local money for Lithuanian gamers.

BC.Game

Embracing the future, BC.Game is a crypto casino pushing boundaries with blockchain technology. Expect lightning-fast transactions from this best fast-payout casino. It also has unique games and a progressive loyalty program. However, beginners might need help with the crypto payment methods.

The best casinos in Lithuania: Comparison

Choosing the right casino can make all the difference. The table below provides a detailed comparison of the best new casinos in Lithuania.

The most popular casino games in Lithuania

People love playing on mobile casinos in Lithuania. This is especially true for slot machines. Poker and roulette also share similar popularity. Slot machines are easy to play. They can lead to significant wins. Poker is famous for its mix of luck and skill, appealing to players of all levels. Roulette adds excitement with its luck-based gameplay.

Games like blackjack, baccarat, and bingo are also liked for simple rules and high payouts. In the past year, players have been drawn to slot machines like "Phoenix Garden" and "Quick Jackpots" for their exciting themes and the chance to win big​​.

The most famous casino players in Lithuania

Lithuania has seen some remarkable online casino players. These have made significant wins over the past five years. Lithuanian players have collectively won $3,057,412. This occurred over 387 wins. On average, that is $7,900 for each win.

The most notable figure in this scene is a player known as Egidijus. Dominating the top winners' list, Egidijus has consistently made significant wins, mainly playing Premium French Roulette at Vegas Red Casino. His biggest win was a staggering €382,413.00 on October 2, 2015. He also secured other notable wins, including €122,923.00 in February 2016 and several wins ranging from €38,649.00 to €49,376.00.

Another prominent player is Edvinas, who won €50,396.00 in May 2013 playing Roulette Live at Casino Tropez. This is among the most significant single wins in the Lithuanian online casino community.

Tadas A. also made headlines with a win of $44,091.00 in Live Blackjack at 888 Casino in October 2020. Additionally, Darius and Virginijus Z. have had significant wins. Darius won SEK249,948.00 in September 2013, playing Gladiator Jackpot at Europa Casino Mobile, and Virginijus Z. won $26,650.00 in October 2013, playing Fantastic Four at 888 Casino.

These wins, especially those by Egidijus, have made a mark in the Lithuanian online casino world, showcasing the potential for high winnings in online gambling.

Future of online casinos in Lithuania

The future of Lithuania casinos looks promising with recent changes in gaming laws. Amendments indicate that the country is open to more international online gambling options. They removed restrictions on where remote operators can be based, making it easier for global providers to join the market.

While exact predictions on growth, revenue, and new casinos are not detailed in local media, ongoing reforms, like introducing specific licenses for online-only gaming, show a dynamic environment. This suggests more opportunities for online casinos to thrive in Lithuania.

Keeping an eye on updates from reliable local sources will provide a clearer picture of the evolving landscape​.