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Latvian Parliament Rejects Amendments to the Law on Gambling and Lotteries

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2 years ago

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Latvian Parliament Rejects Amendments to the Law on Gambling and Lotteries
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The Latvian parliament has decided to reject amendments to the Law on Gambling and Lotteries. The proposed amendments would have been used to limit gambling in the country.

These amendments were developed by members of the New Conservative Party and KPV LV. Saeima deputy Juris Jurašs urged other members of the parliament to support this legislative draft, commenting that about 80,000 people in Latvia suffer from gambling addiction and for 15,000 of them this problem is severe.

He believes the proposed amendments would become a small step towards forming a healthier society.

“Gambling halls in Latvia are a lasting disease that certain people rich, it needs to be treated,” he said.

Jurašs stressed in particular that the gambling situation is critical. After the parliament had rejected the legislative draft Saeima deputy Krišjānis Feldmans from New Conservative Party wrote on his Twitter profile that Attīstībai/Par! political party is a plague for Latvian politics, commenting how the party voted against limiting gambling.

35 Saeima deputies voted in favour of passing the draft to the Budget and Finance Committee, 15 voted against and 27 deputies abstained. And so the legislative draft was rejected somehow.

The annotation mentions that the purpose of the proposed amendments is limiting the number of gambling locations in Latvia and reducing the negative effect gambling has on public health and people in general.

The legislative draft explains that people who participate in gambling and lotteries are subjected to an excessive addiction risk. Gambling addiction or a pathological need to engage in gambling is characterised with frequent gambling episodes, which quickly become the person’s main point of interest, impacting his or her social, professional, and family values, as well as negatively impacting his or her finances.

According to the study performed by SKDS in 2016, 26% of respondents who engaged in gambling in the past 12 months admitted having situations when gambling took over so much of their life that the outside world ceased to exist to them for some time.

The legislative draft also proposed making it so that casinos would be permitted only in four or five-star hotels in Latvia.

The annotation mentions that studies show that localization or limitation of gambling halls and casinos is one of the ways to limit and reduce problematic gambling habits.

It was also planned to impose a limit on open hours of gambling halls.

Deputies also proposed prohibiting alimony avoiders from engaging in gambling. The Maintenance Guarantee Fund Law already provides multiple restrictions for debtors to motivate them to fulfil their duties – pay alimony and provide their children with finances.

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Baltics

FeniBet partners with Stakelogic

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2 weeks ago

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March 16, 2023

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FeniBet partners with Stakelogic
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Latvian online casino operators strengthen their presence in the market with in-demand developer’s classic slots and modern video slots

Stakelogic strengthens its position in the Latvian market as one of the leading providers of classic and video slot content, by partnering with FeniBet – a top newcomer in the online casino segment in Latvia.

The partnership will strengthen FeniBet’s game portfolio, thus, position in the market, as one of the leading, and fast-growing online entertainment providers.

Stakelogic is one of the leaders in classic slots, with a very wide range of games, especially fruit-themed games, which are among the most popular worldwide. Stakelogic games offer a unique gaming experience – a series of classic slot games with excellent graphics, bonus features, and multipliers, and with one of the main game features – Super Stake, available across a wide range of the provider’s classic and modern video slot games. This gives users maximum experience – a high-class game in all of its aspects – graphics, sound, mechanics, and, of course, bonuses.

World’s top games Cash Express, Wild Buzz, El Cowboy Megaways, Devil’s Trap, and the just-launched Diamond Staxx MultipaysTM – are now even more available in Latvia.

Danila Dzehs, Senior Sales Manager at Stakelogic, said: “FeniBet is a top teir operator in Latvia and this partnership further establishes Stakelogic as a leading content provider. Our games are proven in Latvia and will allow the operator to elevate the experience it offers to players.”

Martins Opmanis, Head of IT from FeniBet, added: “Stakelogic is rapidly gaining popularity, and we want our customers to enjoy its classic and modern video slots. We look forward to introducing Stakelogic flagship Super Stake feature to elevate our players’ experience on FeniBet.”

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Baltics

TOPsport makes Lithuanian slot history with record payout

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2 weeks ago

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March 14, 2023

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TOPsport makes Lithuanian slot history with record payout
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One lucky player scoops incredible €305,600 prize

 TOPsport, one of Lithuania’s leading online casinos, made iGaming history in the country earlier in February after one customer won over €305,600, the biggest prize ever claimed from a digital slot.

The lucky individual secured the impressive win whilst playing Playson’s hugely popular title, Joker’s Coins: Hold and Win, showcasing the title’s ability to deliver an entertaining experience packed with significant win potential.

Established in 2002, TOPsport is Lithuania’s premier online casino and this record slot payout further cements its position as the go-to platform for players across the country. It also further enhances the operator’s partnership with Playson, having deployed the developer’s wide range of games since 2019.

Released in January 2022, Joker’s Coins is still a huge part of Playson’s portfolio, propelling the supplier higher in the iGaming world. The slot boasts captivating audio-visuals that, along with the coveted Hold and Win mechanic, have become renowned for increasing player engagement and retention.

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Baltics

Evoplay boosts Baltic reach in Uniclub Lithuania deal

Published

3 weeks ago

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March 10, 2023

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Evoplay boosts Baltic reach in Uniclub Lithuania deal
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Award-winning game development studio Evoplay has further expanded its presence in Lithuania by supplying its innovative slots to online casino Uniclub.

The partnership sees the studio integrate 53 of its most engaging games, including the popular Fruit Super Nova series and immersive Ice Mania release. As part of the deal, Uniclub is set to benefit from some of the market’s most innovative video slots available, which has firmly cemented Evoplay as a leading European gaming supplier.

The Uniclub.lt website presents Lithuanian players with a diverse selection of games from an extensive line up of industry providers. The operator also offers multiple live betting options, with users able to place bets on a wide range of sports including basketball, football, tennis and e-sports.

Thanks to the partnership, this latest agreement sees Evoplay further strengthen its presence in Lithuania’s developing online market.

The award-winning studio first entered the country two years ago, after obtaining a gaming certification from the country’s certification standard, Gaming Labs International (GLI).

Commenting on the partnership, Vladimir Malakchi, CCO at Evoplay, said: “As a company with global ambitions, we’re always happy to reinforce our foothold and player reach across Europe, delivering some of the best games around.

“The deal with Uniclub allows us to deliver our engaging content to more players in Lithuania and enables us to maintain our impressive commercial momentum. We’re hoping 2023 will be a prosperous year for the company and striking deals like this is a great start.”

Martynas Matulevičius, Uniclub CEO, added: “We’re excited to have added Evoplay’s content onto our online casino. The studio has made a name for itself as one o the best and most forward-thinking suppliers in the industry.

“We pride ourselves in being able to offer immersive and high-quality products to our players, therefore, striking deals with the likes of Evoplay is extremely important.”

As a leading iGaming studio, Evoplay enjoyed an outstanding 2022 and won SBC’s coveted Innovation in Casino Entertainment award. The studio also further established its leading credentials by taking home the only two supplier-focused awards available at 2022’s EGR Marketing and Innovation Awards.

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