Baltics
Latvia’s Ministry of Finance on new tax regulations
Local media outlets reported on Latvia‘s Ministry of Finance suggestion about not to tax winnings on gambling and lottery up to 7200 EUR. At present time in Latvia winnings that exceed 3000 EUR are taxed, this new law came into effect on the 1st of January 2018, this being a part in the countries tax reform.
The Ministry also plans the introduction of a 23 % taxation on winnigs above 7200 EUR. The statistics show us that one third of Latvians play local Latvijas Loto lottery. Latvijas Loto turnover has been steadily increasing year by year: in 2015, the company’s turnover was 24.68 million euros – 13% more than in 2014, and revenue amounted to more than 4 million.
In 2016 the turnover of Latvijas Loto amounted to more than 29 million euros, and revenue was 5 million.
Source: mixnews.lv
The Best Slot Game Makers for GamCare Casinos
A $400M Year, Built Alone: Gurhan Kiziloz Bets on Speed Over Capital
The $1.45bn Test: Gurhan Kiziloz’s Nexus Offers Glimpses of Klopp’s Liverpool as it Chases 2025 Revenue Goal
Week 29/2025 slot games releases
Zenith expands in LatAm with exclusive CP Games content distribution deal
Legends Charity Game in Lisbon to raise millions for charity
International Chess Day: How India’s ancient game is evolving into a rising force in esports
Danes Spent More on Gambling in May 2025
Post Malone to Headline Esports World Cup 2025 Opening Ceremony in Riyadh
Change of Chairmanship in the GGL Board of Directors as of 1 July 2025
New Governing Board of the Gaming Commission of Ghana Sworn in
Week 25/2025 slot games releases
Xanada Investments Reveals Strategic Backing of Sweepium, Targeting the U.S. Sweepstakes Landscape
ACMA Blocks More llegal Online Gambling Websites
Hop on the Wealth Bus: N1 Partners heading to iGB Live London 2025
BEGE Expo Announces “Gaming Start-UP Challenge 7.0” — A Premier Opportunity for Gaming Innovators
-
Interviews4 days agoCrash Test for iGaming Projects: SOFTSWISS on Why High Load Performance Defines Operator Success
-
Asia4 days agoMelBet Announces Monami Ghosh as its New Brand Ambassador
-
Blockchain4 days agoBest Crypto Casinos: Top 5 Crypto Gambling Sites To Play In July 2025 (BTC, Ethereum, Litecoin, Etc)
-
Interviews4 days agoHIPTHER Community Voices: Interview with CEO of Media 24 Martins Lasmanis
-
Latest News4 days agoEast Meets Bet: Comparing Online Gambling Trends in Europe and Thailand
-
Compliance Updates4 days agoRatification of the 2026 Betting Framework for LA FRANÇAISE DES JEUX, Incorporating Excessive Gambling Mitigation Strategies
-
Latest News4 days agoLogifuture enters high-growth Croatian market with Mozzart partnership
-
Compliance Updates4 days agoGambling Regulator of Ireland Publishes Licensing Application Guidance