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Early Bird Rate and Nominations expire in two weeks for the Baltic and Scandinavian Gaming Summit and Awards

Zoltan Tundik

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There are only two weeks to register at the Early Bird Rate for MARE BALTICUM – The Baltic and Scandinavian Gaming Summit and save 100 EUR for your ticket(s).

The second edition of the conference will take place on 9 May 2019 at Radisson Blu Royal Astorija Hotel and as announced earlier, the conference will include the inaugural edition of the BSG Awards (Baltic and Scandinavian Gaming Awards). The awards ceremony will celebrate the leading companies for their respective categories from the Baltics and Nordics.

You can find more details about the nominations and categories on the following link.

In terms of the content and networking, some of the leading industry experts from the region, which includes regulators, lawyers, gambling operators, and supplier representatives, will supply the continuous presentation.

Some of the leading names have already been added to the speakers lineup, which include Andrius Gabnys (Founder at Gabnys Law Firm) – Conference Ambassador, Lolita Sumskaite (Head of Unit at Ministry of Finance, Lithuania),  Signe Birne (Lotteries and Gambling Supervisory Inspection of the Republic of Latvia), Taivo Põrk (Ministry of Finance, Estonia), Valts Nerets (Senior Associate, attorney-at-law at Sorainen), Viktorija Antanaviciute (Managing Director at TonyBet), Morten Ronde (CEO at Danish Online Gambling Association and Managing Partner at Nordic Gambling), Sissel Weitzhandler (Group Compliance Manager), Gustaf Hoffstedt (General Secretary at the Swedish Trade Association for Online Gambling), Tal Itzhak Ron (Chairman & CEO at Tal Ron, Drihem & Co., Law Firm), Dr. Joerg Hofmann (Partner, MELCHERS LAW), Pieter Remmers (CEO, Assissa), Dr. Simon Planzer (Partner at PLANZER LAW, Zurich), and many more.

MARE BALTICUM 2 will once again bring together the leading companies in the Baltic and Scandinavian region for a full day of quality learning and networking with local regulators and industry experts.

You can register here!

Browse the official event website here: www.marebalticumgaming.com

You can view the photo gallery from the inaugural event on the following this link.

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Baltics

Five Latvian Gambling Operators Sign Responsible Gambling Agreement

Niji Narayan

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Five Latvian Gambling Operators Sign Responsible Gambling Agreement
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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.

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Baltics

Synot Games Signs Deal with Latvian Operator 11.lv

Niji Narayan

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Synot Games Signs Deal with Latvian Operator 11.lv
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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.

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Baltics

Latvian Government Supports Gambling Tax Hike

Niji Narayan

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Latvian Government Supports Gambling Tax Hike
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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.

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