www.euroslot-online.com MARKET REPORT SUPPLEMENT
LATVIA LITHUANIA
There are all together 19 gambling licence holders and the State-owned Joint Stock According to the trade body NGGBA - National Gambling
Company „ Latvijas Loto” in Latvia. and Gaming Business Association the state of the
1 EUR = 0,7028 LVL 1 USD = 0,544 LVL Lithuanian gaming industry is still precarious. A new law
aimed to tackle money laundering was issued in January
last year. But it was only implemented in July 2008.
Financial results of gaming market in Latvia 2008 (mill. Lats)
According to the data of the State Gaming Control
Commission, there were 16 operating companies in 2007 –
2007 2008 %
two more than the previous year. The two new operators
Total turnover of market enterprises 202,82 181,217 89,3
are involved in betting and arcades. There are five
GGR from Gambling and Lotteries 181,662 162,953 89,7
companies in Lithuania involved in casinos, three
GGR from Lotteries 5,906 8,049 136,3
companies with gaming arcades, and four in the betting
GGR from gambling, incl, 175,756 154,904 88,1
industry.
Gaming machines 150,59 129,677 86,1
The annual results of gaming activity revealed that 27
Gaming tables (roulette, cards) 14,934 12,287 82,2
gaming establishments (casino), 113 gaming machine halls
Bingo halls 1,350 1,255 92,9
and 126 betting stations were operated at the end of the
Betting 8,257 10,168 123,1
year 2008 (comparing to 24 gaming establishments, 94
Phone game 0,625 1,517 242,7
gaming machine halls and 116 betting stations at the end of
Other activities (bars, billiard, etc.) 1.-2. 21,158 18,264 86,3
the year 2007).
The largest share of gaming business revenue in the year
In addition: Gaming taxes paid to Municipalities 6,965 mill.lats 2008 was from gaming tables (36.2%). B category gaming
The other calculated taxes to State budget 18,217 mill.lats. machines took the second place by revenue (31%). The
revenue of betting operators was 18.3% and revenue from
Statistics Dec 2007 Mar 2008 Jun 2008 Sept 2008 Dec 2008 category A gaming machines was 14.5%.
Lithuanian operators have been hit by an increase in the
Gaming machines 16671 16235 15296 13907 13761
gaming and lottery tax of 50 per cent. A new edition of the
Roulette tables 38 33 33 28 29
Law on Lottery and Gaming Tax, which came into force on
Card tables 141 120 118 105 104
1st January 2009, should almost double the revenue of
Gaming Halls 558 540 499 449 457
state budget from gaming activity. This new edition of the
Bingo Halls 3 3 3 2 2
law not only increased the lottery and gaming tax, but also
Casinos 16 13 13 11 11
changed the fixed tax which is now payable monthly rather
Betting points 19 20 20 20 19
than quarterly.
COMMENT FROM SPONSOR
Hungary - Apex was one of the first companies to offer high-end slot machines
on a multi game basis to the Hungarian AWP market – which traditionally
focused on reel-based machines. Being a first mover, Apex enjoys the trust and
respect of the industry operators. Apex is active in all four sectors – casino,
electronic casino, category 1 and category 2 gaming – offering specific versions
for each separate category.
Macedonia - The gaming law is very stringent and requires operators to invest
large sums to receive the corresponding gaming licenses. It is the deliberate
strategy of Apex to both manufacture and operate gaming machines. The direct
player feedback flows much more quickly into the development department to
ensure top-quality multi-game slot machines. Macedonia is a prime example of
this strategy. Apex set up a fully-owned subsidiary in Macedonia last year and to-
date operates five large gaming arcades. The focus on high-end multi-game slots
linked with a jackpot feature in a luxurious setting requires a strong investment.
Apex was prepared to invest strongly in its arcades in Macedonia. The
outstanding results speak for themselves.
Poland - The alteration in the law in April caused a slow down in the market but
we expect demand to rise back again in autumn. Apex is one of the market
leaders in Poland. Demand is strong for the Apex Multi Magic slots machines in
Poland with two of the major distributors and operators in Poland preferring
Apex slot machines.
Johannes Weissengruber
SEPTEMBER 2009
7
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