The operator is the first in its sector to be restricted by Lošimų priežiūros tarnyba (LPT) as the regulator views its operations as a cover for illegal gambling.
It’s far from the first jurisdiction to restrict access to Polymarket, though.
Last month, South Korean authorities moved to block access to the platform following a dispute and review that lasted for over a month.
Polymarket’s presence in Europe has been massively minimised as several jurisdictions’ regulators have forbidden citizen access.
Countries including France, Spain, Germany, Italy and the Netherlands, to name a few, have taken action against the operator.
European hopes for the US giant may rest in Gibraltar, where a regulated prediction markets framework has been established, and the UK, with the Financial Conduct Authority (FCA) set to review whether c..