Lithuania Fines Olympic Casino for Illegal Promotion
Olympic Casino has been found guilty of incentivizing people to bet through a commercial in Lithuania.
Lithuania's Gambling Supervisory Authority fined Olympic Casino for promoting Setanta Sports. The advert invited sports enthusiasts to watch and bet on famous sports events. The casino also listed the details of how players can make deposits and wager on the platform.
Olympic Casino was fined $25,700 for using sports broadcasts to promote its gambling products. The operator can appeal the decision. It is not the first time that Olympic Casino has been fined by the Lithuanian regulator. In May, the operator received a similar fine for promoting gambling on its website and encouraging Lithuanians to play casino games. Betsson and Tete-a-Tete Casino were also fined for violating gambling regulations.