Tag Archives: Latvia
- Olympic Entertainment braces as Latvia preps gambling tax hikes
July 13, 2017
Gaming operator Olympic Entertainment Group (OEG) is facing a fresh threat to its bottom line after Latvia’s government announced plans to hike gambling taxes by nearly one-third next year. On Thursday, local media reported on Latvia’s ongoing tax reform plans, which now include proposals to hike gambling taxes by 30%....
- Olympic Ent. faces Latvian closures after Riga gambling ban
May 24, 2017
Eastern European casino operator Olympic Entertainment Group (OEG) may have to close seven slots halls in its number one market after Latvian officials voted to ban gambling in certain areas. On Tuesday, the Riga City Council in Latvia’s capital voted to ban all gambling halls in Riga’s historic center district,...
- Play’n GO lands in Latvia with Optibet deal
December 14, 2016
Swedish slots specialist’s premium titles go live with biggest casino in Latvia December 2016 – Swedish supplier Play’n GO has signed an agreement with Optibet that sees their full suite of mobile and desktop games rolled out across the Latvian company’s online and retail offering. Regulated since 2005, Latvian market...
- Betsson exits Latvia’s blacklist after Triobet brand secures license
May 4, 2016
Swedish operator Betsson can start offering its services in Latvia via its Triobet brand. The Latvia Lotteries and Gambling Supervision Inspection (IAUI) recently awarded Triobet a license to operate in the country, which means that a number of its sites will soon be removed from the state gambling regulator’s blacklist...
- Regularpay Introduces A Solution To Make The Payment Process A Win-win Deal For Gambling Operators And Their Clients
March 14, 2016
Riga, Latvia (March 2016) – RegularPay company – the experienced international payment processing services provider – launches an innovative campaign concerning Gambling industry. Inventions flow doesn't treat water and RegularPay don't miss the chance to use this case either in order to enhance provided offers. The company has developed a...
- Olympic Entertainment Group acquires Latvian casino operator
July 28, 2015
Eastern European casino operator Olympic Entertainment Group (OEG) has acquired the operations of Latvian casino outfit SIA Garkalns and its SIA Post-Nevada subsidiary. The two target companies operate 20 slots parlors in Latvia – 10 in the capital Riga and 10 regional facilities – comprising a total of 432 slot...