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Lithuania’s LPT fines Olympic Casino Group Baltija nearly €8.4m

Enforcement & compliance

Lithuania’s Gaming Supervisory Authority fined Olympic Casino Group Baltija nearly €8.4 million over five identified violations of anti-money laundering and gambling laws. The authority said the operator failed to adequately monitor Šarūnas Stepukonis’s transactions and encouraged him to gamble; it calculated the fine partly by reference to the €6.4 million he lost at the casino in Lithuania.

The sanction raises compliance and monitoring implications for gambling operators in Lithuania.

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Enforcement & compliance

ASA bans Casumo ad over gambling responsibility rules

The UK Advertising Standards Authority banned a Casumo digital advert after finding that it breached social responsibility rules. The advert encouraged consumers to increase their participation in gambling, the ASA said.

The ASA banned a Casumo ad that encouraged “socially irresponsible” behaviour. The advertising watchdog’s AI monitoring system detected the advert.

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