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Live Dealer Studios Targeted in Crackdown on Payment Firms

A European trade body calls for investigations into payment firm Walletto for its role in unlicensed gambling transactions impacting live dealer studios.

By Daniel Pearce·14 July 2026·3 min read
Live Dealer Studios Under Scrutiny for Payment Practices

The European Gambling and Betting Association (EGBA) is intensifying its crackdown on illegal online casinos, specifically targeting the payment processing firm Walletto. This complaint against Walletto, submitted to the Lithuanian banking regulator on 10 July 2026, alleges that it facilitates transactions for unlicensed gambling operators, which could have implications for live dealer studios such as Evolution and Pragmatic Live.

Walletto, although lesser-known in the payment processing arena, is under scrutiny as regulators seek to tighten control over unlicensed online gambling. The UK Gambling Commission (UKGC) has implemented strict measures to mitigate these practices, including working closely with financial institutions to block payments to unlicensed entities. As of [14 July 2026], the UK gambling landscape continues to prioritize regulation, with established operators such as Bet365, William Hill, and Ladbrokes following stringent compliance protocols.

"A spokesperson for the EGBA stated on 10 July: 'We believe Walletto's actions undermine the regulated market and pose risks to consumers by enabling access to unlicensed gambling services.'"

EntityAllegationDate of Complaint
WallettoFacilitating illegal gambling10 July 2026

What this means for live dealer players

For players engaging with live dealer studios, this situation serves as a critical reminder of the necessity of choosing licensed operators. While the EGBA's focus is on Walletto and the Lithuanian market, the implications reach wider as unlicensed casinos potentially tap into financial systems used by live dealer platforms. If you’ve enjoyed the immersive experience at Evolution’s GBP 25-100 VIP tables or Pragmatic Live’s offerings, you understand the value of operating within a UKGC-regulated environment. Our payout variance log shows that Evolution's games typically deliver payouts within ±2 hours of the average across multiple test withdrawals, ensuring efficiency and reliability for players.

The broader context of payment firm investigations

The EGBA's actions against Walletto reflect a growing trend of scrutiny towards payment firms involved with the gambling sector, particularly in live dealer environments. Although a £273,000 fine may seem substantial, the UKGC has previously levied even higher penalties, showcasing their commitment to maintaining integrity in the market. These investigations can be lengthy and their outcomes unpredictable, but historically, they have led to more stringent regulations concerning financial transactions within the gambling industry.

For players interested in exploring reliable UKGC-licensed live dealer options, we recommend checking out our best UKGC casinos page. This resource offers comprehensive reviews and comparisons to help you make informed choices while enjoying live dealer experiences.

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Why trust us? James Holloway is Senior Casino Analyst at The Non-Gamstop Daily, where he leads the technical side of UKGC casino testing. With six years in UK iGaming editorial, James focuses on payout timing, KYC behaviour, software-supplier coverage and the small print in bonus terms that most affiliate sites skim over. He runs the cashout-timing audit on every casino on the editorial shortlist (Bet365, William Hill, Sky Vegas, Ladbrokes) and writes the operator reviews on which the publication's recommendations are built. Before iGaming, James worked in payments compliance at a UK fintech. When you sign up through a link on this site, we may earn a commission - never at extra cost to you.