Latvia’s Cabinet of Ministers has supported the Finance Ministry’s proposed Law amendments on Lotteries and Gambling Fee and Tax, providing for an increase in gambling tax next year.

The existing tax for gambling machines is EUR 4164. In 2020, it will be EUR 6000. The law amendments will also increase the gambling tax rate for roulette, cards and dice games from EUR 23400 to EUR 28080.

It is also planned to change gambling tax revenue division between the state and municipal budgets, providing gambling tax revenue – 90% for the state budget and 10% to budgets of municipalities in which gambling is organised. The current ratio is 75% for the state budget and 25% for municipal budgets.

Raising the tax rate by 44% or EUR 6000 per gambling machines, it is expected the number of gambling machine numbers to decline by 5% – from 8680 to 8247 per year.

Revolver Gaming has partnered with Enlabs, the largest operator in the Baltics. The deal means Revolver Gaming’s full slots portfolio will be made available across all of Enlabs casino brands and markets. The launch marks Revolver’s debut entry into the Baltic markets.

“Entering the Baltics marks the next step of Revolver showing its commitment to regulated markets. I have no doubt that our games will quickly make a name for themselves in these markets,” Matthijs Vogelenzang, sales executive at Revolver said.

“Revolver produce high quality slot games with engaging mechanics and high max wins, this style of game suits our core markets perfectly. I have no doubt that their content will perform well in the Baltics and beyond,” Chris Davis, Enlabs Head of Casino said.

“The Baltics are a completely new market for us, so we are thrilled to have teamed up with the most dominant operator in the region. We feel sure our content will connect with the audience and look forward to a long future,” Ryan Lazarus, CEO of Revolver said.

Mobile casino games provider Foxium has launched its latest slot game Boom Pirates. Set at the peak of the pirate era, Boom Pirates tells the story of legendary captain Mary and her loyal crew.

Pioneering two new groundbreaking, trademarked technologies, Boom Pirates is primed to ignite with innovation when it brings the buccaneering experience to players this spring. Wonderways™ allows the playing grid to grow dynamically for a single spin, while Foxify™ amplifies the player’s bet by 50% to increase the chance of triggering Boom Pirates’ signature bonus game.

“Boom Pirates represents everything that makes Foxium games stand out from traditional casino content: from high-gloss presentation and 3D characters, to outstanding playability and innovative features. But this is also the first outing for our new trademarked technologies, Foxify™ and Wonderways™, which together are transforming the player experience and putting new power in the hands of our incredible creative teams. We believe Boom Pirates will be an explosive success, and we are already mapping out ways to use our new technologies in future games,” Åke André, CEO of Foxium said.