Gambling revenue in Latvia decreased by 26% in the first half of 2021 due to the constraints of the pandemic. According to the Ministry of Finance, €7 million was collected in the first half of the year, which is almost €16 million less than expected. In Latvia, gambling is currently organized by 17 operators, 10 of […]
Latvian parliament decided 15 April to reject amendments to the Law on Gambling and Lotteries. The proposed amendments would have been used to limit gambling in the country. These amendments were developed by members of the New Conservative Party and KPV LV. Saeima deputy Juris Jurašs urged other members of the parliament to support this […]
Entain Plc has published the terms and conditions of its ‘recommended offer’ to Enlabs AB shareholders, as the FTSE100 gambling group seeks to expand its Baltic market footprint.
EveryMatrix is pleased to announce a new content distribution agreement with Big Time Gaming, the thought leader in online slot development. The content will be delivered via an integration between CasinoEngine, the iGaming productivity platform, and B2B multi-supplier Relax Gaming.
Gaming Innovation Group Inc. (GiG) has today signed a long term contract with SIA Admirāļu Klubs, one of the leading gambling enterprises in Latvia, for the provision of GiG’s platform, sportsbook and front-end development to launch their new digital operation in the regulated Latvian market. Together with related companies, Admirāļu Klubs has experienced rapid growth […]
Latvian gambling market shows considerable growth in Q3. However, the revenues are far from reaching 2019 figures.
Online casino games developer Hacksaw Gaming has partnered with Latvian online sports betting and casino operator 11.lv. The partnership ensures users of the 11.lv brand gain access to Hacksaw Gaming’s game portfolio including smash hits Chaos Crew, Cash Compass and Stick ‘Em. “This fantastic partnership is a huge deal for us and forms part of […]
We are delighted to announce an agreement for the exclusive release of My Lucky Number’ with online gaming company Enlabs in the Latvian Market. My Lucky Number, which is Hacksaw Gamings largest high fixed prize slot, featuring a massive €25,000,000 will be live in the Latvian market exclusively on Optibet.LV and Laimz.lv for a period […]
SoftGamings Sportsbook solution has been certified for use in the Latvian regulated market. Sportsbook product incorporates BetRadar odds and risk services and allows for a deep front-end design customisation. SoftGamings Sportsbook offers over 500,000 events every year on 80+ sports. On top of that, SoftGamings offers a fully customisable bonus and freebets engine. The
While Revenues totalled EUR 16.6 million, a 10% decrease compared to the previous year in the same period, total active customers increased by 14% to 48,950. It worth mentioning that Latvia suspended all gambling licenses for two month this spring. During the period, Enlabs acquired 29.9 per cent of Global Gaming 555, introduced esports betting […]