Home > Finance > Full year results > Online growth drives Lithuania gambling revenue to €222.2m in 2023

Online growth drives Lithuania gambling revenue to €222.2m in 2023

| By Robert Fletcher
Gambling revenue in Lithuania climbed 13.5% year-on-year to €222.2m (£190.4m/$239.1m) in 2023 following growth within the country’s online market.
Lithuania 2023 revenue

Total revenue was comfortably ahead of the €195.8m reported in Lithuania in the previous year. The national regulator, the Gaming Control Authority, detailed online growth while land-based revenue was slightly lower in 2023.

Online gambling generated €148.4m in revenue during 2023, up by 22.0% year-on-year. In contrast, land-based revenue reached €73.8m, which was 0.4% behind the previous year’s total.

Lithuania online slots revenue exceeds €100.0m 

Breaking down the yearly performance, online slots were by far the main source of gambling revenue in 2023. Total revenue from internet slot games amounted to €100.5m, up 28.5%.

Category A online slots revenue amounted to €97.1m and Category B games €3.4m.

Elsewhere, online sports betting revenue was 1.2% higher at €35.3m in 2023. Internet table games revenue also increased by 46.5% to €12.6m for the year.

Sports betting decline hits land-based sector in Lithuania

Turning to land-based gambling, slots were again the main revenue source for operators in 2023. However, total slots revenue was 0.9% lower at €46.3m.

Of this total, €31.3m came from Category B games, down from €31.3m in 2022. The other €15.0m was generated by Category A slot machines, up 4.9% year-on-year.

Land-based table games revenue was up 5.2% to €18.3m but retail sports betting revenue slipped 8.1% to €9.1m for the year.

Lottery revenue rises 17.6%

The Gaming Control Authority also reports lottery figures, albeit separately from the other two markets in Lithuania.

Lottery gross gaming revenue in 2023 was 17.6% higher at €66.3m. This was despite ticket sales falling 7.4% to 100.5 million over the 12-month period.

Players won a total of €74.9m from lottery games, down 5.0% on the previous year. The lottery figures cover operators offering larger lotteries to players.

As for tax, €67.0m was collected in 2023. Of this, €43.7m came from gambling operators and €23.3m big lottery organisers.

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