Enlabs has offices in six countries and strictly follows recommendations from local authorities. All staff have been offered to work from home and no business trips are allowed. We are used to working digitally, which is why the changeover was immediate and efficient. Our business works very well. We are fully operational and have a welded […]
According to the Latvian national news agency LETA, compared to 2018, the economic growth continued and Gross Domestic Product (GDP) increased by 2.2 %. In 2019, GDP at current prices amounted to EUR 30.5 billion. Increase of 5.8 % was registered in arts, entertainment and recreation sector, which was mainly affected by 7.9 % rise […]
Latvia’s Cabinet of Ministers has supported Finance Ministry’s proposed amendments to the Law on Lotteries and Gambling Fee and Tax, providing for an increase of gambling tax next year. The existing tax rate for gambling machines for each gambling machine’s location per calendar year is is 4 164. Starting with next year, however, it will […]
Revolver Gaming, the up and coming content provider, has signed a partnership with Enlabs, the largest operator in the Baltics. The deal means London-based Revolver Gaming’s full slots portfolio will be made available across all of Enlabs casino brands and markets starting with Estonia and Latvia via Enlabs flagship brand, Optibet. The launch marks Revolver’s […]
Latvian online gambling market revenues grew by 35.4% year-on-year during Q1 2019, with combined revenues topping €12.3m (£10.6m). New figures released by the Lotteries and Gambling Supervisory Inspection of Latvia (IAUI) show a 39.2% year-on-year rise in gross gambling revenues from online casino gaming which generated €8.8m during the first three months of 2019.
BeeFee has entered the Latvian retail gaming market, with its slot machines and popular casino content now available in LVBET’s casino halls in the country. Under LVBET’s Latvian gaming licence, 18 of BeeFee’s most popular slots games are now live in the country for the first time, including Book of Ming, Stunning Hot, Magic Hunter […]
Latvia intensifies fight both against unlicensed gambling operators and players. The Latvian parliament has approved the amendments to the national legislation on gambling in April. The new rules are aimed at prohibiting Latvians to gamble on the websites of international online gambling operators who operate without license in Latvia. Financial institutions and Internet
After several hours of debates, the Riga City Council voted on March 27 to close all gambling halls in the city, except for those located in four or five star hotels. The Riga City Council’s Legal Department, in cooperation with the City Development Department, will now draw up new Riga City Council regulations, which will […]
Latvian Ministry of Finance has analyzed the situation if gambling halls outside four or five star hotels are closed not only in Riga, but throughout Latvia. According to the calculations of the Ministry, in this case, the country’s budget will lose 36.6 million euros. Under the amount of 36.6 million euros, the Ministry of Finance […]
The Riga City Council is planning to shut down all gaming venues in the city, in both the downtown and in neighborhoods. Riga Mayor Nils Ušakovs has told the municipality’s Legal Affairs Department and Urban Development Department to draft a Riga City Council decree revoking all gaming venues’ licenses in Riga, except those located in […]
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