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Olympic Casino gets fined EUR 8.4 mln for Stepukonis’ gambling

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Photo: olympic-casino.lt (illustrative picture)

Lithuania’s Gaming Control Authority has fined Olympic Casino Group Baltija nearly 8.4 million euros over the gambling activities of Šarūnas Stepukonis, a former partner at investment company BaltCap Fund.

According to GCA director Virginijus Daukys, the fine was imposed for violations of the country’s anti-money laundering, counter-terrorism financing, and gambling laws.

Stepukonis used the company’s gambling services from December 2016 to June 2021, he said.

Source: BNS

(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited.)

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