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Lithuanian Regulator Issues First Operator Fine

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Lithuania’s Gambling Supervisory Authority has imposed a fine of €15,000 on operator UAB Tete-a-Tete Casino for unreasonably setting betting limits on an online customer.

This is the first fine imposed by the Gambling Supervisory Authority since Lithuania’s Gambling Act introduced the power to impose economic sanctions on operators.

Following an inspection, the Authority found that the company had limited the amount of bets placed and winnings received by the player.

The inspection did not reveal any objective reasons for the operator’s decision to limit the player’s bets, the Supervisory Authority said.

The decision to issue a fine was based on Lithuania’s remote gaming regulations, which do not entitle the company to apply betting restrictions without finding a breach in regulations.

The regulator stated that the relationship between a customer and an operator may not be unreasonably uncertain, and a player therefore may not be restricted from participating in gambling without any objective grounds for the restrictions defined in the regulations.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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