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Latvia – Latvian gambling up 8.6 per cent

By - 5 August 2016

The Lotteries and Gambling Supervision Inspection of Latvia has published that the first half of 2016 saw a ten per cent rise in the revenue generated by Latvia’s gambling industry with the total reaching €113.06m.

Turnover improved by 8.6 per cent, hitting €102.2m up from €93.76m last year.

The figures were driven mainly by a huge surge in digital gaming which increased by 74 per cent. Sports betting was up 16.9 per cent whilst slot machines were up four per cent.

The market boasts 13 operators but is dominating by six main players; Alfor, Olympic Casino, Latvijas Loto, Joker, Admiralu Klubs and Optibet.

At the end of June this year, there were 8,837 slot machines in 321 slot halls and five casinos in Latvia. The market houses just 18 roulette tables and 55 card tables.

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