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Legal
February 11, 2025
Latvia Faces €7.3M Compensation Claim for COVID-19 Gambling Ban
The Latvian government faces financial consequences nearly five years after the Parliament first implemented COVID-19 containment measures. The State must compensate interactive gambling operators following court rulings that deemed the imposed restrictions unlawful. Operators Filed Collective Claims of €7.3M According to Latvian Television’s “de facto” program, companies have collectively filed claims amounting to €7.3 million […]
Industry
February 10, 2025
Riga, Latvia Considers Sweeping Gambling Restrictions
The Riga Municipality is considering a bold plan to drastically reduce the number of gambling venues across the city, seeking to ban betting establishments from almost all urban areas. Riga Mayor Vilnis Ķirsis’ proposal will free most parts of the capital from gambling establishments, drawing public praise but raising significant concern among stakeholders. The Move […]
Industry
August 13, 2024
Latvia Explores Options for Raising Minimum Legal Gambling Age
Countries across Europe enforce different limits when it comes to gambling activities. Generally, 18 is considered an adulthood age in many countries which makes this a requirement for casino gambling for example. Still, while some countries permit 18-year-olds to gamble, others may restrict them from certain gambling activities. In Latvia, the legal gambling age is […]
Lottery
August 2, 2023
Scientific Games Introduces New Central System with Latvian Lottery
Latvijas Loto will, as a result, now have access to the AEGIS central system, which is taking over from the legacy technology. AEGIS is better positioned to help the Latvian Lottery to pursue its future growth targets and achieve them. AEGIS’ Central System Strengthens Latvian Lottery AEGIS essentially allows for sales of draw-based games, such […]
Business
June 26, 2023
Latvia Clears Gaming Corps for Launch in the Country
Not long after launching a new baccarat offering, Gaming Corps, a Swedish supplier and developer of gaming content, announced that it has secured approval to launch in Latvia. Now that it has been greenlit by the Lotteries and Gambling Supervisory Inspection, the company will be able to offer its casino games to local players. Gaming […]
Business
June 13, 2023
888 Concludes Paf Deal, Divesting Its Latvian Properties
888 Holdings maintains its consolidation strategy, aiming to streamline operations and concentrate on strategic growth. The sale of its Latvian assets should allow the company to allocate resources more effectively. On the other hand, Paf regards the takeover as a long-term investment, cementing its position in the Baltic nation. The Deal Aligns with 888’s Restructuring […]
Industry
May 31, 2023
BETBY Forges Ahead with Corporate Social Responsibility Project
To this end, BETBY will work with Common Ground, a community center in Riga, Latvia, where the operator has a strong presence. The center is offering support to civilians who have been forced out of their homes because of the ongoing war in Ukraine, waged on the country by its belligerent neighbor, Russia. BETBY to […]
Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]
Business
May 11, 2023
GiG Doubles Down on Baltics Market with Latvian Sportsbook Integration
The integration was accomplished with prominent sportsbook in Latvia, to name William Hill, Fenibet, and Mr Green, all of which will now benefit from the advanced sports betting platform solutions provided by Gaming Innovation Group (GiG). The news comes following a recent B2B license acquisition in the Nordics. GiG Brings Prominent Sports Betting Solutions to […]
Industry
March 16, 2023
Stakelogic Expands in Latvia with FeniBet
Casino content house Stakelogic has minted a new agreement with FeniBet, a startup iGaming operator in Latvia. Under the agreement, the supplier will provide the Latvian company with a selection of casino content. Stakelogic’s games are famous for their lighthearted fruit themes, which give them a familiar vibe. At the same time, the titles incorporate […]
