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Recognition requisite:In terms of particular facets of the fresh know-your-customer directives, all lottery and iGaming operators in Lithuania will now be reportedly required to identify politically vulnerable or high-risk clients playing from abroad before applying a series of enhanced identification protocols and registrations.8 million (. Our Buffalo 50 slot has already been pre-released for a few number of operators,...

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Reportedly reads a section of Lithuania’s new know-your-customer guidelines…“The company should try to get as much information as possible from the client.”Intended integrity:One of the three Baltic states and home to approximately 2.According to a Monday report from iGamingBusiness....

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Distinct divisions:Finally, it was reported that the fresh Lithuanian directives furthermore mandate that all foreign iGaming and lottery customers be categorized according to a number of criteria including the nature, size and extent of their monetary transactions. If the dealer wins a round, then you lose the winnings and the gamble round is over. All information provided by the client must be confidential and carefully protected in accordance with the law and the company’s procedures....

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”Intended integrity:One of the three Baltic states and home to approximately 2.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law.8 million (....