Lithuania Will Ban Gambling Ads

This week the parliament of Lithuania voted to ban the promotion of all gambling, including land-based and online wagering.

The bill passed today with 105 in favor, with 14 abstaining. The verbiage on the bill will dictate that casinos can not distribute chips, offer gifts or discounts, organize gambling trials, or work in any promotional campaigns. Politicians claim that gambling activity has risen sharply over the past year, due in large part to the Covid-19 pandemic, which saw people confined to their homes for large periods of time.

While the government seems to be overwhelmingly in favor of this move, industry insiders are (obviously) opposed. Those representatives are saying a ban on advertising will limit entry to the market by new participants and stifle the industry as a whole.

As of now, we don't have a date as to when the ban will go live.