Tag Archives: Latvia
Latvia – BF Games enters Latvian market with local operator Klondaika
BF Games has entered the Latvian market for the first time after taking its content live with local operator Klondaika. Klondaika’s customers now have access to 36 of BF Games’ best performing titles, including Stunning Hot, Royal Crown, Book of Ming and Energy Stars. Klondaika has been operating land-based gambling halls in Latvia since 1993…
Latvia – Playtech content now live with Enlabs
Playtech has welcomed Enlabs brands Optibet Latvia and BestPoker to the Playtech iPoker network – the leading poker network in the world. At a time where Poker as a vertical is evolving in line with market challenges, Playtech is continuing to develop and expand the iPoker network. This new partnership sees Playtech enter the Latvian…
Political points scoring harming Latvian gaming industry
The shifting gaming landscape in Latvia has presented a series of challenges to operators in the country. G3 speaks to Arnis Verzēmnieks, President of Latvijas Spēlu Biznesa Asociācija (Latvian Gaming Business Association), about the impact the increased taxes have had on the business and the decision by municipalities, such as Riga, to eliminate all gaming…
Latvia – Casino sector to reopen in Latvia on June 9
The Latvian casino sector will be allowed to reopen tomorrow (June 9) after its parliament approved a bill to lift the suspension due to the coronavirus pandemic on March 22. Some Conservative Party members Krišjānis Feldmans, Gatis Eglītis and Linda Ozola submitted an updated bill that aims at continuing the land-based gambling ban in Latvia….
Latvia – 1ClickGames to integrate Spinmatic’s suite of video slots
Spinmatic has made an agreement with 1ClickGames, a company that supplies land-based and online operators worldwide. Through 1ClickGames platform, Spinmatic’s video slots will be reaching players from new markets, while strengthening its presence in the rest of the world, where the company already has operations. Maxim Terehovich, 1ClickGames CEO, commented: “This partnership with Spinmatic is…
Latvia – Operators contest gambling suspension in court
The Constitutional Court of Latvia has initiated two legal cases from operators challenging the country’s suspension of all gambling licenses. Online gambling was banned in Latvia in April, after clarification was issued on the country’s emergency coronavirus bill. The bill called for the closure of all land-based venues but initially left the status of online…
Latvia – regulator announce significant increase in online gambling revenue
According to figures released by the Lotteries and Gambling Supervisory Inspection (IAUI), online gambling revenue in Latvia rose by 132.8 per cent in 2019 as the country’s regulated iGaming market grew to €54.7m. Online casino was the most popular vertical with revenue for online slot games, cards and roulette rising to €39.3m, up 142.5 per…
Latvia – Latest revenue figures show significant market growth
The Lotteries and Gambling Supervisory Inspection of Latvia has released the latest revenue figures for Latvia’s regulated online gambling market, reporting a 14 per cent increase in GGR to €237m over the first nine months of 2019. The latest figures show that state-licensed gambling operators generated a combined revenue of €237m in the nine months…
Latvia – Tax on player winnings driving VIP players out of Latvia
Latvia’s decision to increase gaming tax by taking a slice of customer winnings has prompted players to go elsewhere according to international operator Storm International, who opened its Shangri La Casino in Riga in November 2017. According to officials at SL Casino Riga, Latvia is now less attractive to wealthy casino visitors from abroad. But…
