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According to a Monday report from iGamingBusiness.8 million (.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law....
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les for iGaming firms following the recent emergence of allegations that the small nation’s online gaming industry may have become an easy target for money launderers.8 million people, Lithuania reportedly signed a cooperation agreement earlier this year that is to see it move towards fully ratifying the European Union’s anti-match-fixing Macolin Convention.8 million people, Lithuania reportedly signed a cooperation agreement earlier this year that is to see it move towards fully ratifying the European Union’s anti-match-fixing Macolin Convention....
Additionally, as a major operator in Las Vegas and Boston, Recognition requisite:In terms of particular facets of the fresh know-your-customer directives, all lottery and iGaming operators in Lithuania will now be reportedly required to identify politically vulnerable or high-risk clients playing from abroad before applying a series of enhanced identification protocols and registrations. The small nation subsequently purportedly explained that its first-half aggregated gaming revenues had fallen by 15....
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