General information, not financial, investment, legal, tax or betting advice · Prediction markets carry risk of loss · 18+ or the legal age in your region
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Legality by placeLithuania

Are prediction markets legal in Lithuania, or off the whitelist?

Lithuania allows remote gambling only from operators it has licensed, and treats the rest as illegal. Prediction markets hold no Lithuanian permit, so they fall on the wrong side of that line.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 13 May 2026

Last reviewed 13 May 2026 · Status as of May 2026 · Information, not legal advice

Headline status
Not licensed
Prediction markets hold no Lithuanian remote gambling permit, so they are treated as illegal remote gambling.
Information, not advice. This page is general information, not financial, legal, tax, or betting advice. Prediction markets carry a real risk of loss. You must be 18+ or the legal age in your region.
Quick answer

As of May 2026, prediction markets are not licensed in Lithuania and are therefore treated as illegal remote gambling. Lithuania allows remote gambling only from operators on its official whitelist, licensed by the Gaming Control Authority, known in Lithuanian as the Lošimų priežiūros tarnyba. No prediction market holds that permit. The authority blocks unlicensed gambling domains aggressively and can order both DNS and payment blocking.

The framework

A whitelist, and everything else is illegal.

Headline position
Prediction markets hold no Lithuanian permit, so they are treated as illegal remote gambling. Only whitelisted operators may offer remote gambling.
as of May 2026
Regulator
The Gaming Control Authority (Lošimų priežiūros tarnyba), under the Ministry of Finance, licenses and supervises gambling under the Gaming Law of the Republic of Lithuania.
as of May 2026
How it is enforced
Unlicensed operators are added to a public list and blocked. By late 2025 the authority had blocked almost 2,000 domains and can require DNS and payment blocking.
as of May 2026
The contested edge
Whether these products are gambling or financial instruments is argued at the European level. In Lithuania the practical position is that without a licence they are unlawful.
as of May 2026
How the rules apply

Licensed or unlawful, with little middle ground.

Lithuania licenses remote gambling through a whitelist model. Only operators that hold a permit from the Gaming Control Authority, the Lošimų priežiūros tarnyba, may lawfully offer remote gambling to Lithuanian players, and only those licensed sites can process payments. Anything outside that list is treated as illegal remote gambling. Prediction markets do not hold a Lithuanian permit, which places them firmly outside the licensed system.

The authority is an active enforcer. It maintains a public list of illegal online gambling operators and has the power to require internet providers to block domains and to instruct payment firms to refuse transactions. By late 2025 it had blocked close to 2,000 domains, making it one of the most active public bodies in the country by that measure. A site that is unlicensed is liable to be added to that list.

There is a genuine debate, mostly at the European Union level, about whether prediction markets should be classed as gambling or as financial instruments, and that classification question is not fully settled. We mark it as contested. What is not contested in Lithuania is the practical rule. Without a Lithuanian licence, offering or promoting these products is unlawful, and a resident who reaches an unlicensed venue has weak protection if funds go missing.

Platforms and this market

No licensed route for a Lithuania resident.

No prediction market holds a Lithuanian remote gambling permit. The platforms below are listed for context, not as licensed options for a Lithuanian resident.

KalshiNot available

Kalshi is a United States designated contract market overseen by the CFTC and is built around United States access. It is not licensed for gambling or financial services in Lithuania and offers no licensed route to residents there. See the Kalshi profile.

PolymarketNot licensed

Polymarket is a crypto settled prediction market that operates without a gambling licence in Lithuania. Reachability through a browser or app is not the same as legal availability. See the Polymarket profile.

Crypto.com Sports and EventsNot available

The Crypto.com event contract product is a United States CFTC listed offering and is not licensed for residents of Lithuania. Read the Crypto.com Sports and Events profile.

Positions are as of May 2026 and can change. We link to a platform only where it is genuinely available to a reader. Reaching an unlicensed site is not the same as legal access.

Regulator and sources
Where to check.

Remote gambling in Lithuania is licensed and supervised by the Gaming Control Authority under the Gaming Law of the Republic of Lithuania. Prediction markets hold no such licence and are treated as illegal remote gambling. Confirm the current position with the authority before relying on anything here.

Status as of May 2026. We never invent a citation, and where a position is contested we mark it as contested.

A note on risk,

Reaching a blocked or unlicensed service does not make it safe or legal, and recovering funds can be hard. Prediction markets can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If gambling stops feeling like a free choice, step back and seek support from a problem gambling service in your country.

Common questions

Lithuania, answered plainly.

Are prediction markets legal in Lithuania?

No. As of May 2026 prediction markets hold no Lithuanian licence and are treated as illegal remote gambling. Only whitelisted operators may offer remote gambling. This is general information, not legal advice.

Who regulates gambling in Lithuania?

The Gaming Control Authority, the Lošimų priežiūros tarnyba, under the Ministry of Finance, licenses and supervises gambling under the Gaming Law of the Republic of Lithuania.

Can Lithuanian authorities block these sites?

Yes. The authority maintains a public list of illegal operators and can require DNS blocking by internet providers and payment blocking. By late 2025 it had blocked close to 2,000 domains.

Are prediction markets gambling or finance under the law?

That classification is argued at the European level and is not fully settled, so we mark it as contested. In Lithuania the practical rule is that without a licence these products are unlawful.

Why is there no open account option here?

Because no prediction market is licensed and available to a Lithuanian resident. We only show an open account or compare path where a platform is genuinely available to you.

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