Lithuania generates revenue record in 2022 as online play soars

Tuesday, January 31, 2023 8:16 PM
Photo: Shutterstock
  • Richard Mulligan, iGaming Business

Lithuania’s gambling market grew by more than 40% in 2022 as a strong online performance again boosted figures.

According to figures from Lithuania’s Gambling Supervision Service, the European nation generated gross gaming revenue of €195.8m [$212.7m] during the year to 31 December 2022. That total is up 43.8% on 2021 and almost twice the €99.4m it was worth as recently as 2018.

Remote gambling made up 62% of the total, with the €121.7m up 18.6% year-on-year. Some 38% of that total was €74.9m from online Category A slot machine games, with remote betting the second biggest segment, worth €34.9m.

The four land-based categories each doubled the previous year’s GGR total, with gaming tables and category A machines achieving record results.