Olympic Casino Group Baltija, a subsidiary of land-based casino firm Olympic Entertainment Group (OEG), has been issued a licence to offer sportsbetting games in Lithuania.
Under the licence agreement, OEG will begin to offer sportsbetting in the country from the first quarter of 2014.
OEG will offer its sportsbetting services under the OlyBet trademark, which was launched in August of this year.
In addition to establishing an online sportsbetting platform, OEG will also expand its network of OlyBet Sports Bars into Lithuania.