Gambling company Amber Gaming penalized with a €15,000 fine for violating gambling laws
In a recent development, the gambling supervision service in Lithuania has fined Amber Gaming €15,000 for contravening the country's gambling law. The audit, conducted by specialists from the gambling supervision service, examined all aspects of contract terminations, the operator's compliance with established norms, and its internal regulations.
The findings of the audit revealed that Amber Gaming's actions contradicted norms regarding the relationship between operators and consumers. Specifically, violations were found in the termination of contracts, which were deemed to harm the rights of players. The gambling supervision service encourages players to report any identified violations.
As of now, Amber Gaming has not officially responded to the accusations or appealed the SNDA's decision. However, the operator, Amber Gaming, has the right to appeal the imposed fine in court, according to the Lithuanian Republic's Law on Administrative Proceedings.
The potential appeal by Amber Gaming could potentially strengthen control over operators providing online gambling services. This situation could set a precedent for reviewing the practice of terminating contracts in the gambling industry. If Amber Gaming decides to appeal, it could lead to increased accountability for operators in the online gambling industry in Lithuania.
The gambling regulation in Lithuania aims to protect the rights of players, ensure fairness, safety, responsible gaming, and the protection of participants' rights. This situation may have implications for the future regulation and oversight of the online gambling industry in Lithuania.
The ongoing monitoring of licensed operators' activities by the gambling supervision service continues. The situation could lead to a reevaluation of contract termination practices in the Lithuanian online gambling industry. The gambling supervision service's ongoing monitoring and encouragement of player reports could lead to increased transparency and fairness in the industry.
It is important to note that without current, specific information, it is not possible to disclose the name of the party that may appeal the SNDA's decision. To find out the exact name, you can check the website of the SNDA or the relevant court, read recent news reports, or make a direct inquiry to Amber Gaming's press office.
In conclusion, the fine imposed on Amber Gaming serves as a reminder of the importance of adhering to gambling regulations and the rights of players. The outcome of Amber Gaming's potential appeal could impact the overall perception of the online gambling industry in Lithuania.
