Karaliaus Mindaugo taurė (English: King Mindaugas Cup) is an annual basketball competition of Lithuanian basketball teams. It is organised by the Lithuanian Basketball Federation (Lietuvos krepšinio federacija – LKF) and the Lithuanian Basketball League (Lietuvos krepšinio lyga – LKL). The tournament is named in honor of Mindaugas, the first King of Lithuania. Using only the above description and what you know about the world, "Karaliaus Mindaugo taurė occurs in Europe." is definitely correct, incorrect, or inconclusive? 