Lithuanias gaming income skyrocketed in the initial six months of this year, driven by robust expansion in internet gaming.

Overall gaming income in Lithuania reached €108.5 million in the first half of the year, a 21.5% jump compared to the same period last year. Internet gaming income accounted for €72.2 million, a 31.5% year-over-year increase. Meanwhile, brick-and-mortar gaming income expanded by 4.6% to €36.3 million.

Online slots were particularly robust in the Lithuanian gaming market during the first half of the year. Income from Class A online slots reached €45.5 million, a 37.5% year-over-year surge. Online Class B slots generated €1.8 million, a 28.6% rise. Internet sports betting income grew by 12.4% to €19 million. Remote desktop gaming income soared by 71.4% to €6 million.

Expansion in the land-based gaming sector was relatively sluggish. Class B slots were the primary income source for land-based gaming, generating €15.4 million, slightly higher than the €15.3 million recorded last year. Income from Class A slots increased by 21.0% to €7.5 million. Land-based table game income reached €8.8 million, an 11% increase.

In comparison to the previous year, income saw a rise of 4%. The only sector to experience a decrease in revenue was retail sports betting, which dropped by 4.1% to €4.7 million.

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This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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