Market facts: Lithuania

Looking to launch your casino in a new regulated market?

Discover key facts, trends, and regulatory insights about the markets where Finnplay operates. Whether you're entering Europe’s most mature markets or tapping into fast-growing regions, our platform and expertise help you navigate local requirements with ease.

Lithuania iGaming Market – A Premier Growth Hub 

Lithuania’s iGaming market is booming, with a €550 million GGR, strict GSA regulations, and a high channelization rate.

By leveraging collective strengths and empowering every stakeholder, the market fosters innovation, responsible gaming, and sustainable growth.

Lithuanian flag

Finnplay’s advanced iGaming platform seamlessly connects operators, players, and regulators, ensuring success in this competitive market. 

Lithuanian Market

2.8 M

Population

Lithuania has a population of 2.8 million (2025) with a high internet penetration rate.  

A digitally engaged player base fuels the rapid expansion of online gaming. 

550M

Total GGR

Lithuania’s total iGaming GGR reached €550 million 2024, with continued strong growth projections. 

Online gaming dominates, driven by mobile adoption and tech-savvy players. 

9

Regulated years

Lithuania enacted the Gambling Law of the Republic of Lithuania, officially launching its regulated online gambling market in 2016. 

Gambling Supervisory Authority (GSA) ensures strict licensing, compliance, and responsible gaming policies. 

80-90%

Channelisation rate

85-90% channelization rate, reinforcing player confidence in licensed platforms. 

Strict enforcement against unlicensed operators maintains market integrity 

B2B, B2C iGaming

B2B & B2C iGaming  

€400 million Online Gaming GGR in 2023-2024. Expected growth 2025. 

B2C Operators generate revenue through online casinos, sports betting, and lotteries. 

B2B Providers drive innovation with platforms, game content, payment solutions, and technology. 

25

iGaming Licenses 

As of 2024, there are around 25 licenses issued in Lithuania for various types of gambling, including online casinos, bookmakers, and lotteries. 

2016—2019

Recent Year Growth 

2016: Market launched with 10+ licensed operators. 

2017-2018: Gradual market expansion with increasing player adoption. 

2019: Strengthened regulations and market stability drove operator confidence. 

2020-2022

Recent Year Growth 

2020-2021: Expansion surged, with a 30% increase in licensed operators. 

2022: Strong growth, reaching 20+ licensed operators (~25% increase from 2020)

2023-2024

Recent Year Growth 

2023: Introduction of stricter AML and responsible gaming regulations, with compliance measures tightening. 

2024: 25+ total licenses (~10% annual growth), covering online casinos, sportsbooks, and lotteries. 

Lithuanian iGaming Market Trends – Stay Ahead with Finnplay 

Lithuania’s iGaming industry is evolving rapidly, driven by regulatory updates, growing player engagement, and market expansion. To succeed, operators must stay compliant, adapt to industry shifts, and leverage advanced gaming solutions. 

Key Trends to Watch:

  • Stronger LGCA Regulations – Stricter advertising controls, responsible gaming mandates, and enhanced compliance checks for operators. 
  • Tax & Licensing Updates – Potential adjustments in gambling tax rates and evolving licensing requirements for online casinos. 
  • Steady Market Growth – Lithuania’s online gaming sector is booming, with €220M+ in GGR and increasing active players. 
  • Next-Gen Players – A rising share of younger users is reshaping gaming preferences, driving demand for innovative and mobile-first experiences. 

Do you want to see a demo?

Leverage collective strengths by empowering every stakeholder. Finnplay's Platform of Co-operation bridges players, operators, providers and regulators in a shared pursuit of excellence.

Book a Demo

Lithuania iGaming Regulations – Secure, Fair & Profitable 

Lithuania’s iGaming industry is highly regulated, ensuring fair play, player safety, and compliance under GSA’s strict oversight. The Gambling Law established a robust licensing system, requiring operators to meet high compliance standards, including AML, GDPR, and responsible gaming policies. 

Key Regulatory Highlights 

Licensed & Regulated

 GSA enforces strict compliance for a transparent and fair market. 

Channelization Rate

85-90% Channelization Rate – A trusted, highly regulated iGaming market with minimal illegal competition. 

GDPR & Player Protection

 Strict privacy laws, deposit limits, and self-exclusion programs safeguard players. 

Taxation

18% iGaming Tax – Competitive tax structure for sustainable operator success. 

Lithuania is a powerhouse in iGaming—where innovation, compliance, and growth converge! 

Finnplay: Powering Your Success in the Lithuanian iGaming Market 

Finnplay’s fully compliant and scalable iGaming platform helps operators navigate Lithuania’s regulated market with ease. Our cutting-edge technology ensures seamless integration with LGCA requirements, responsible gaming tools, and tax-compliant solutions—keeping you ahead of the competition. 

Scale faster. Stay compliant. Lead the Lithuanian iGaming market—with Finnplay! 

Book a Demo

 

Check out our other markets: The Netherlands, Finland, Sweden, Hungary, Estonia, Romania and Mexico.

References

Kansino.nl

"A very solid platform allowing us flexibility to be unique and local. This, together with a strong and agile team, makes Finnplay a great partner." -Mika Vasara, COO Play North OU

Vegas.hu

“Given Finnplay's outstanding technical expertise, and their understanding of the Hungarian market, they are the perfect partner for us.” - Samuel Falconello Jr

Playdoit.mx

“This one is easy, it’s simply the best option in the market since it’s a company with ethics, sense of responsibility and trustworthiness, if we add that it’s avant-garde and is constantly updating under the best worldwide quality norms and standards, We think it’s not rocket science to choose it”. - Roberto J. Müller I, CFO

7Bet

"We have realized that we‘ve made the right choice choosing Finnplay as our platform partner starting from day 1 of our cooperation. Team, Dedication, Processes and result orientation has been a perfect match for our expectations.“ Justinas Šliažas, CEO