EGBA flags Lithuania fintech over black market deposits
Enforcement & compliance · SectorWire deskSource published
Summary
Reportedly, the European Gaming and Betting Association (EGBA) highlighted the payments industry's role in illegal gambling markets following an investigation in Lithuania. EGBA named a Lithuanian fintech over deposits linked to the black market.
Why it matters
EGBA naming a Lithuanian fintech puts payment providers under scrutiny for processing black-market gambling deposits.
Cite as: SectorWire, “EGBA flags Lithuania fintech over black market deposits”, 10 July 2026, https://sectorwire.news/item/egba-raises-black-market-deposits-concern-in-lithuania/