LPT warns players about possible misleading information

(PRESS RELEASE) -- The Lithuanian Gaming Authority is warning consumers about potential fraud when they are offered prizes and are tricked into giving away money in exchange for worthless goods. Buyers may be led to believe they are participating in a lottery, even though such schemes are not subject to strict lottery supervision.

LPT received a notification in early February about a lottery-like game being organized. Buyers are invited to purchase "CLF blockchain postcards" and win a car.

Having assessed all the circumstances, the Authority came to the conclusion that the organized game does not meet the characteristics applicable to lotteries. The sale of postcards began a month and a half earlier than the offer to win a car. Therefore, the promise to give one of the buyers a car as a gift can be considered a sales promotion. According to the law, such promotion is not considered a lottery.

However, the Supervisory Authority notes that in this situation consumers may be misled. At the beginning of the sale, “CLF blockchain postcards” were presented as a cryptocurrency (“cellophane cryptocurrency”), although this is not the case. LPT has transferred all available information to the State Consumer Rights Protection Authority.

LPT urges residents to critically evaluate games organized online.