Lithuanian GGR up to €161m in first nine months after online growth

Lithuanian GGR up to €161m in first nine months after online growth

Article brief provided by iGaming Business
  • Robert Fletcher, iGaming Business
November 12, 2023 12:57 PM
  • Robert Fletcher, iGaming Business

Gross gambling revenue (GGR) in Lithuania increased by 15.2% year-on-year to €161.0m ($172.1m) during the nine months to 30 September, driven by growth within the remote gambling sector.

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Revenue was comfortably higher than the $139.8m reported in the same period last year. The Gaming Control Authority, which regulates gambling in Lithuania, recorded growth across both the online and land-based markets.

Remote gambling led the way with €107.0m in GGR, up 24.4% from €86.0m last year. Land-based gambling GGR also edged up 0.4% to €54.0m for the period.

Online slot machines generated the most revenue during the nine-month period. GGR from Category A online slots reached $69.5m, up 33.7%, while Category B slots GGR increased 18.2% to €2.6m.