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Lithuania gambling revenue jumps 26.1% in Q1

| By Robert Fletcher
Gambling revenue in Lithuania increased 26.1% year-on-year during the first quarter, with growth across both the online and land-based segments.
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Total revenue in Lithuania during the three months to 31 March amounted to €55.3m (£48.0m/$59.7m), up from €43.9m in the same period last year.

Some €36.6m came from online gambling, a 36.0% year-on-year rise. The majority of this came from Category A online slots, with these games generating €23.1m in revenue from €306.8m in player bets.

A further €979,987 came from Category B slots after consumers spent €6.3m betting.

Lithuania’s remote sports betting revenue reached €9.6m, after players wagered €151.2m, while online table games activity resulted in €2.9m in revenue from €31.3m in spend for the quarter.

Turning to land-based gambling and revenue was 10.0% higher at €18.7m. Category B slot machines were the primary source of revenue, generating €8.0m in revenue after players bet €50.7m.

Category A slot machine revenue reached €3.8m from €15.8m in bets, with tables games revenue at €4.4m off €20.3m and sports betting €2.5m from €29.8m.

Lottery results were reported separately, with gross gaming revenue from lottery activity in the quarter climbing 9.0% to €14.3m. This came despite a 2.9% drop in ticket sales to 26.5 million.

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