Lithuania gambling revenue up 13.5% in 2023

At the end of 2023, Lithuania’s gross gambling irevenue amounted to 222.2 million euros. This follows from the report of the Lithuanian Gambling Supervision Authority, published recently.

Compared to 2022, gambling revenue increased by 13.15%.

Online gambling revenues increased by 22% to €148.4 million.

€97.1 million of online gambling revenue came from Category A online slots with unlimited payouts, while €3.4 million came from Category B games, which limit bets to €0.50 per spin and have a cap. the winning amount is 200 times the initial bet.

Revenue from online sports betting increased by 1.2% to €35.3 million.

Revenue from land-based gambling decreased by 0.4% to €73.8 million.