Lithuania GGR down 15.9% in H1 as online overtakes retail iGaming Business · August 9, 2020 at 8:11 pm Lithuanian gambling revenue in the first half of 2020 fell by 15.9% to €43.8m (£4.0m/$5.2m) as the novel coronavirus (Covid-19) pandemic led to online revenue overtaking that of the land-based sector. The €43.8m in revenue came on €540.0m worth of stakes, up 6.8%. However, greater dependence on online slots – which have a lower margin than their land-based equivalent – meant overall revenue declined. With gaming venues closed for a large portion of the period, online revenue overtook land-based for the first time, bringing in €23.4m, up 33.9%. This came on stakes of €407.1m, up 49.9%. The largest source of online revenue were from slots, where revenue is split between Category A machines, with unlimited winnings, and Category B machines, with a maximum stake of €0.5, a max win per game set at 200 times the stake a duration of at least three seconds.