The European Gaming and Betting Association (EGBA) has filed a complaint with the Bank of Lithuania against electronic money institution Walletto, alleging it processed payments for online casinos operating without the required local licenses.

First reported by Bloomberg, the move signals a new enforcement approach that goes beyond targeting gambling websites and operators directly. Instead, the EGBA is seeking to cut off the financial infrastructure that enables unlicensed offshore casinos to accept deposits and pay out winnings, potentially making it much harder for illegal operators to serve customers.

From the press release:

Maarten Haijer, Secretary General of EGBA, said:

“Payment providers should not be allowed to process transactions for illegal gambling operators. Illegal operators flourish by exploiting legitimate financial channels and the mainstream payment networks that consumers rely on every day. Our aim is simple: to leave them no room to manoeuvre, and to cut off the payment channels they use to reach European consumers. Card schemes also have a crucial role to play in combatting illegal transactions: they are better placed than anyone, as they set the rules for these payment networks and see transaction flows no one else can.”
Read more here: https://www.egba.eu/news-post/egba-f...ing-operators/