Mare Balticum Gaming Summit 2018 is attracting high profiled executives of the online gambling industry from the Baltic and Scandinavian region, but also the international operators are gearing up to be present at the event.
LATVIA
The organizers of Mare Balticum Gaming Summit 2018 are excited to announce a panel dedicated for GDPR compliance. The event is going to be held on the 8th of May at Astor Riga and the announce panel promises to bring essential information about the implementation of GDPR from the industry’s view.
The organizers of Mare Balticum Gaming Summit (Baltic Sea Gaming Summit) are honored to announce that Sissel Weitzhandler (Legal and Compliance Manager of the Play’n GO Group) will join the inaugural event as a speaker in the panel dedicated to the Scandinavian region.
The inaugural edition of the yearly event which focuses on the Baltics and the Scandinavian region has already made the headlines on many industry related news portals and the organizers have confirmed that key industry stakeholders are going to attend the event.
Dench eGaming Solutions, a B2B turnkey gaming platform, has entered the Latvian regulated online gaming market through a partnership with land-based casino operator Klondaika.
Pursuant to the Act of 22 November 2017, Parliament adopted amendments to the Act on Private Income Tax. Any winnings in excess of EUR 3,000, payable on a one-off basis, are subject to 23% personal income tax.
The Seimas unanimously adopted amendments to the Law on Gaming, which, through information technology, will increase the transparency of gaming business, reduce the administrative burden and ensure public interest. Analogous control systems are available in neighboring countries Denmark, Norway, Sweden, Estonia, and are currently implemented in Latvia.
Playtech opened the world’s largest next generation Live Casino in Riga, Latvia in February 2017. Built on top of the city’s fortified 16th century walls in the heart of Riga Old Town; the 8,500 square metre capacity studio dwarfs any existing live casino facility in the market today.
A political agreement has been reached over funding Latvia’s State Culture Capital Foundation from excise tax revenue gained from cigarette and alcohol sales, as well as from the gambling tax, reported Latvian Radio’s Māra Rozenberga on December 11.
