top of page
All Articles
Lithuanian Regulator Fines Optibet Operator €468,350 Over AML Failures
Lithuania’s Gaming Control Authority has imposed a €468,350 fine on UAB Baltic Bet, the company behind the Optibet brand, citing significant shortcomings in its anti-money laundering (AML) controls—particularly in the areas of customer due diligence and source-of-funds verification. According to the regulator, the operator failed to adequately gather and assess information about a customer and the origin of funds used for gambling activities before allowing that individual
6 hours ago2 min read
bottom of page