Baltics

Foxium Launches its New “Boom Pirates” Slot

Published

3 weeks ago

October 3, 2019

Reading Time: 1 minute

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.

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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

Five Latvian Gambling Operators Sign Responsible Gambling Agreement

Published

5 days ago

October 18, 2019

Niji Narayan

Five Latvian Gambling Operators Sign Responsible Gambling Agreement

Reading Time: 1 minute

Five gambling operators have signed an agreement to improve the responsible gaming standards in Latvia. The five operators are Paf (Pafbet in Latvia), Betsafe, Optibet, 11.lv and Feniksscasino.

“Among other things, we will introduce facilities for self-tests, deposit limits, the closing of specific game categories, proactive information on responsible gaming and a whole host of other measures. It will be a clear improvement on what the gambling law in Latvia requires,” Rihards Streikis, Paf’s manager in Latvia said.

“Paf’s licensed brand in Latvia, Pafbet, may currently have a small part of the market but we have the most developed responsible gaming. We are an example for the other operators,” Rihards Streikis said.

Baltics

Synot Games Signs Deal with Latvian Operator 11.lv

Published

1 week ago

October 14, 2019

Niji Narayan

Synot Games Signs Deal with Latvian Operator 11.lv

Reading Time: 1 minute

SYNOT Games has signed a deal with 11.lv, the leading online casino in Latvia. As per the deal, the customers of 11.lv can play SYNOT Games’ hot and infernal Hell Mania, classic fruity slot Respin Joker and many more.

“We are excited to expand our portfolio in the Baltic area and bring our games through such a strong partner as 11.lv on this market,” Ivan Kodaj, CEO of SYNOT Games said.

“We are very pleased to release SYNOT Games content to our customers. We believe in providing our players with the biggest possible choice of Latvia certified casino content and letting them choose what games they prefer. We are confident that SYNOT Games will quickly acquire their place in our customers’ list of preferences. We have seen content with land-based presence in the market gaining online traction quite fast,” Janis Tregers, CEO and Founder of 11.lv said.

Baltics

Latvian Government Supports Gambling Tax Hike

Published

2 weeks ago

October 9, 2019

Niji Narayan

Latvian Government Supports Gambling Tax Hike

Reading Time: 1 minute

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.