Unlawful gambling practices by Amber Gaming lead to a financial penalty of 15,000 euros.
In a significant development for the gambling industry in Lithuania, the Lithuanian gambling supervision service has imposed a fine of 15,000 euros on Amber Gaming, an operator of gambling games. The fine was issued following an unscheduled special audit of Amber Gaming's activities, initiated due to complaints.
The audit, conducted by the specialists of the gambling supervision department, found that Amber Gaming did not comply with established norms and internal regulations. Violations in the order of contract termination were noted during the audit, causing damage to the rights of players. The findings suggest that Amber Gaming's actions contradict the norms established by the gambling law regarding the relationship between gambling operators and consumers.
The gambling regulation in Lithuania aims to ensure fairness, safety, responsible gaming, and the protection of participants' rights. The gambling supervision service emphasizes that the regulation is in place to protect the rights of players and maintain a fair, safe, and responsible gaming environment.
Amber Gaming's actions undermine trust in the system of gambling regulation, which can negatively impact the overall perception of the online gambling industry in Lithuania. As of now, Amber Gaming has not officially responded to the events or appealed the SGA's decision.
The potential appeal of the fine by Amber Gaming could have implications for the future of the gambling industry in Lithuania. The outcome of Amber Gaming's potential appeal could have significant ramifications for the gambling supervision service's approach to enforcement and the overall perception of the online gambling industry in Lithuania.
The potential precedent set by this situation could have wider implications for the gambling industry beyond Lithuania, as other regulatory bodies may take note of the SGA's actions. The situation with Amber Gaming's violations of the gambling law may lead to increased scrutiny and regulation of the online gambling industry in Lithuania.
Players are encouraged to report any established violations to the gambling supervision service. The Lithuanian gambling supervision service continues to monitor the activities of licensed operators in Lithuania.
It is important to note that the fine imposed on Amber Gaming is not yet final, as the operator has the right to appeal the penalty in court according to the Law on Administrative Proceedings of the Lithuanian Republic. There is no information in the provided search results about which person or institution fined Amber Gaming or when this decision was made.
The audit examined all aspects of contract termination, compliance with established norms, and internal regulations of Amber Gaming. The lack of an official response from Amber Gaming could be interpreted as an acknowledgement of the violations found during the audit.
The gambling supervision service emphasizes that the regulation is in place to protect the rights of players and maintain a fair, safe, and responsible gaming environment. They encourage all operators to comply with the regulations and uphold the trust of the players.
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