Baltics

Latvia’s Gambling Regulator to Offer Psychologist Support to Problem Gamblers

Published

1 month ago

July 8, 2019

Latvia’s Gambling Regulator to Offer Psychologist Support to Problem Gamblers

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Latvia’s gambling regulator, the Lotteries and Gambling Supervisory Inspection (IAUI), is going to provide state-funded psychologist support to problem gamblers in the country.

The gambling regulator announced that Magdalēna Pranaite, the famous psychologist in Latvia, would be delivering the sessions on every weekday from 8:30 to 17:00 at its premises in the Latvian of Riga, free of charge. The family members of problem gamblers will also have access to specialised sessions.

“When gambling becomes addictive, not only the player suffers, but also people close to them and they need the help of their whole family. However, it’s up to the player to take the first step themselves. A psychologist can help them take this first step, which involves recognising, accepting and finding solutions to a problem,” IAUI said.

IAUI also said that those who are willing to have psychologist support can now contact them and register.

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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.

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Baltics

Gambling Revenue of Latvia Increases in H1 2019

Published

2 weeks ago

August 8, 2019

Niji Narayan

Photo source: dekoprint.lv

Reading Time: 1 minute

The Lotteries and Gambling Supervisory Inspection of Latvia has reported that the gambling revenues in the regulated Latvian market increased 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in H1 2019.

The revenues were up from 134.6 million and income from gambling climbed about 15.2% to €111.5 million. The main sources of income were the gambling machines.

Interactive gambling income increased 38.8% compared to the year-on-year figures. Online casinos were, of course, the most popular form of gambling. Online activities earned €18.1 million while online betting earned €7.1m, a 35.3% jump.

The national regulator also included in their report an update on illegal online gaming activities during H1 2019 and the steps they were taking to ensure a clampdown on all illegal activities.

Baltics

Gambling Revenue of Latvia Increases in H1 2019

Published

2 weeks ago

August 6, 2019

Niji Narayan

Gambling Revenue of Latvia Increases in H1 2019

Reading Time: 1 minute

Gambling revenue of the regulated Latvian market has increased 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in H1 2019.

Revenue during H1 2019 was up from €134.6m. The income from gambling also increased 15.2% from €99.9m to €111.5m. Gambling machines were the main source of income for licenced operators, generating a collective €111.5m, which is up 11.5% on the same period last year.

The interactive gambling income increased 38.8% year-on-year from €18.2m to €25.4m as more consumers turned to online gaming. Online casino games were the most popular form of iGaming activity during H1, with income up 40.1% to €18.1m.

The online betting income was up 35.3% to €7.1m, while card tournaments income increased 65.9% to €193,482. The income from table games increased 2.6% to €8.1m, while bingo income was up 37.0% to €123,000 in H1 2019.

Baltics

WeAreCasino to launch a new European IT & Development Center in Riga, Latvia

Published

3 weeks ago

July 30, 2019

George Miller

WeAreCasino to launch a new European IT & Development Canter in Riga, Latvia

Reading Time: 1 minute

WAC LATVIA SA is going to serve as WAC’s European IT & DEVELOPMENTS HQ, alongside the head office in Buenos Aires.

The European IT branch will focus on developing of WAC platforms.
Thw WAC team is working on new games and features, following up from the successful launch of the Slot Builders Program at the ICE exhibition earlier this year.

“This move is a huge strategic asset for the Group. We are building a talented and experienced team in Latvia, consisting of people with amazing technical and creative skills. We should be able to see immediate results in our games and our Slot Builder tool, thanks to these new upcoming features. We are excited to share this new range of innovative products with our customers!” Sem Moioli, WAC Group CEO.

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WeAreCasino is a real novelty in the online gaming industry. Young and dynamic company, aiming to become one of the world’s largest online casino gaming provider.
WeAreCasino owns a proprietary Gaming Engine, Remote Gaming Server, mathematic, RNGs and standard integration API, allowing clients to generate their personalized games. This also provides easier feature integration and exceptional quality, whether you’re playing on mobile or desktop. Games, servers and RNGs are certified by external testing houses in different jurisdictions. Website http://www.wearecasino.com/