EGBA files complaint against Walletto with Lithuania’s central bank
The European Gaming and Betting Association filed a formal complaint with the Bank of Lithuania against payment provider Walletto, alleging it processed transactions linked to unlicensed gambling platforms. EGBA said trial payments in its investigation showed Walletto services were used to deposit funds on several platforms, and called for coordinated action across payment providers, regulators and card networks.
The complaint raises concerns about payment processing channels allegedly used by unlicensed gambling platforms.