EGBA complains to Bank of Lithuania over Walletto’s alleged gambling payment processing
The European Gaming and Betting Association (EGBA) filed a complaint with the Bank of Lithuania against payment provider Walletto, alleging that it processed payments linked to illegal online gambling operators serving European consumers. EGBA said its investigation identified transactions that suggested Walletto services had handled deposits on several unauthorised platforms. The association called for coordinated action by gambling and financial regulators, payment providers and card networks.
The complaint raises scrutiny of payment services allegedly used by unlicensed gambling platforms.