Baltics

  Saeima, the parliament from Latvia, has approved the amendments in the final reading of the Law on Lotteries and Gambling Fee and Tax. The tax revenue from gambling that the state perceives has increased from 75% to 95%. The amendments were designed to increase tax revenue for the state and help cover budget gaps.…

  The Gaming Control Authority (GCA) of Lithuania has accused Kindred Group of violating the gambling laws. GCA said that the operator is “openly and blatantly” disregarding the gambling laws. GCA has already blocked the Unibet and Trannel brands of Kindred for offering gambling products and services without necessary permissions. The Kindred Group was operating…

  The Latvian parliament has passed the amendments to the national legislation on gambling. The new rules prohibit the Latvians from gambling on the websites of unlicensed international online gambling operators. Latvian citizens who used the services of unlicensed gambling casinos will get a fine of up to € 350 per incident. Players who avoid…

  The Lithuanian Gaming Control Authority has imposed a fine of 495,000 euros on Olympic Casino Group Baltija, the Lithuanian subsidiary of Estonia’s Olympic Entertainment Group, the Baltics’ largest gaming operator. The fine is imposed for serious violations of the Law on the Prevention of Money Laundering and Terrorist Financing. The company failed to additionally…

  Lotteries and Gambling Supervisory Inspection of the Republic of Latvia (IAUI), the gambling regulator in the country, has blocked 20 illegal gambling websites in the country. IAUI has published the list of banned websites as well. The following websites are also included on the banned list in Latvia: grandfortunecasino.com, vippowerlounge.com, powerjackpot.com, powerjackpotcasino.com, classicjackpot.com, fruits4real.com,…