G3-247 Report LATVIA MARKET REPORT
There are 325 gambling halls
open in Latvia with 8,326 slots in operation. The Gambling and Lotteries Act of 2006 states a gambling hall must have a minimum of 20 slot machines.
provides 60 gaming halls and bar operations. Games are provided via IGT, Atronic and Novomatic.
Joker Ltd acquired its licence to organise online gaming in August 2013 although it did not launch its site until February 2014. The site is run in conjunction with Microgaming and offers slots, table games, video poker and roulette. In order to expand Joker Ltd acquired Synot Tip Eastern Europe regional licence
VIENSVIENS. Viensviens was founded in 2012 and is a sports betting operator both online and offline. The company’s portfolio includes betting options before games plus a selection of live betting games.
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CASINOS AND SLOT HALLS There are six casinos in Latvia all located in Riga bar a
seasonal casino in Jurmala which is only open in the summer, and between them they operate 65 table games and 138 slots.
The Gambling and Lotteries Act states a casino must have 10 gaming tables minimum if located in Riga or five gaming tables minimum if located outside of Riga and gaming equipment must be owned by the capital company with relevant licence. The main five casinos:
777 CASINO - There are two of these operated by NB located in Riga.
ROYAL CASINO SPA AND HOTEL RESORT is operated by NIKS and this five star resort which is just 15 minutes walk from the old Riga town. It houses the casino which has 12 gaming tables and slots plus a pri- vate VIP hall.
EUROPA CLUB CASINOis operated by Furors. The casino offers 14 table games and various slots. There is also a VIP lounge. Furors also operate the Klondaika gaming halls.
VOODOO CASINOis operated by Olympic Casino and it said to be the largest state of the art casino in the Baltics. It offers 21 table games including Russian Poker, Texas Hold ‘em, Draw Poker, 5card Poker, Blackjack and American Roulette plus 115 slot machines. All slots have EzPay payment ticket system. The casino is located in the Radisson Blu Hotel.
Meanwhile there are 325 gambling halls open in Latvia with 8,326 slots in operation. The Gambling and Lotteries Act of 2006 states a gambling hall must have a minimum of 20 slot machines. Only automatic slots owned or pur- chased on the basis of financial leasing by the capital company can be installed.
Licence holders include: ALFOR is a Latvian/Austrian joint venue founded in 2000 by Latvian Investment Company Foroms and the Novomatic group company Austrian Gaming Industries which also operates the Admiralu Club brand. They have a 32 per cent share of the Latvian market
Novomatic began selling into Latvia back in 1992 when the company spotted the early potential of the market. Today the company is one of the main providers of
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