Baltics

Latvia Introduces Responsible Gambling Program

Published

5 years ago

January 8, 2020

Head of Latvia’s FIU Says Gambling Industry has also been Used for Money Laundering

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Latvia has launched a responsible gambling initiative beginning from the New Year that offers the players an option to self-exclude themselves from gaming operations.

After the Latvian government approving the self-exclusion program, it came into force January 1. players can ban themselves from both online and land-based gaming operations for one year.

“The purpose of the register of self-denied persons is to protect the public interest and the right of natural persons to refrain from excessive gambling activities, including interactive gambling, or participation in interactive lotteries,” the Lottery and Gambling Supervisory Authority (IAUI) said. The exclusion applies to participation in all statutory gambling and interactive lotteries.”

The IAUI stated that 125 people requested state-funded support for problems related to their gambling addiction last year. It is one of the reasons behind the launch of this program, for promoting Latvia as a responsible gambling market.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.