Revenue from all channels totalled €136.2m (114.7m/$155.8m), with growth in igaming outpacing retail’s decline.
As a result of the country’s retail betting closures, land based revenue fell by 22.5% to €34.0m, with customers spend also declining year-on-year by 24.2% to €218.5m.
Gaming with category B slot machines, which limit stakes to €0.50 per spin and have win amounts capped at 200 times the original stake, brought in the most revenue for the land-based market, at €14.8m, down 27.1% from 2020. Table games came second with €8.1m, a fall of 20.5%.
Category A slot machines, with uncapped payouts and stakes, followed in third on €7.0m, though this was again down year-on-year, falling 9.8%. Retail betting revenue, meanwhile, came to €4.8m, a decrease of 28.6%.
The land-based decline was mitigated by a strong online performance. Online revenue rocketed by 71.5% to €102.1m. iGaming customer spend also grew, rising from €1.02bn to €1.63bn year-on-year.
The standout product was category A slot machines, which revenue of €59.6m, almost double 2020’s total.
Online betting revenue followed in second, on €34.2m, a rise of 29.4%. Online table games saw a 205.7% rise in revenue to €5.8m while category B slot machines made €2.4m, up 94.8%.
Enlabs subsidiary UAB Baltic Bet was found to have violated this in October, but did not receive a fine. But last month Lithuania’s Gambling Supervisory Authority fined UAB Baltic €11,183 for sending a terms and conditions email to customers that, according to the regulator, encouraged customers to gamble.
In September Lithuania’s legislature approved a bill that amended the country’s gambling act to include online-only licences.
In October a new bill was introduced that would tax land based slots and table games on the basis of GGR.