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According to a Monday report from iGamingBusiness.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law.Distinct divisions:Finally, it was reported that the fresh Lithuanian directives furthermore mandate that all foreign iGaming and lottery customers be categorized according to a number of criteria including the nature, size and extent of their monetary transactions....
les for iGaming firms following the recent emergence of allegations that the small nation’s online gaming industry may have become an easy target for money launderers.Brand power:In a company press release, Chief Commercial Officer for GAN, Jeffrey B. Marie, St....
”According to GAN, the Las Vegas-based company’s leveraging of its “U.-optimized enterprise software, proven get-to-market capability, and on-property reward program integrations capability,” will put Wynn in a good position as “an early mover” in the Great Lakes State following the launch of iGaming.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law....
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