Latvia sets live casino licence fee at €400,000

Latvia’s parliament has announced that the licence fee for live casino services in the country will now set at €400,000 ($475,900) per year.

The fee will be implemented from January 1 and apply to all operators that wish to offer live casino in Latvia.

Evolution Gaming, which specialises in live casino and dealer games, confirmed the news in a statement on its website, saying that the new fee is an amendment to an earlier decision.

Previously, a variable fee of €11,700 per live casino table per year had been up for discussion, but has now seemingly been discarded in favour of an overall fee.

Mare Balticum Gaming Summit

Make sure you to stay up with the latest develptments from the Baltic and Scandinavian region by attending the the inaugural edition of  Mare Balticum (Baltic Sea) Gaming Summit 2018, Riga – Latvia. 

The inaugural event will give a good opportunity for international gaming operators and vendors from Latvia, Estonia, Lithuania, Sweden and Denmark to touch base with the regulators that will be present at the event. The mission of the event is to bring the latest highlights about regulatory changes and give the attending delegates a chance to network among industry peers and the regulators/legislators.

Tickets at the Early Bird Rate (50% Off) are available until April 20, 2018. Register here!