Figures released by Latvia’s Lotteries and Gambling Supervisory Inspection of Latvia (IAUI) show the country’s licensed gambling operators generated revenue of €307m last year, a 10.5% gain on 2018’s result.
Land-based slots continue to dominate Latvia’s gambling market, accounting for three-quarters (€231.6m, +6.7%) of 2019’s take, while casino table games added €17.3m (+4%), land-based sports betting chipped in €3.2m (+16.8%) and land-based bingo eked out a mere €232k (+8.2%).
Latvia’s 14 licensed online gambling operators reported revenue of €54.7m in 2019, up 32.8% year-on-year. Of this sum, €39.3m (+42.5%) came via casino games, while sports betting added €14.9m (+12.3%) and poker anted up €423k, which represented a nearly 61% rise from 2018.
The IAUI continued its efforts to give its online licensees a fighting chance against their internationally licensed competitors, blocking an additional 68 unauthorized gambling domains last year, bringing the total number of domains blocked to 1,206 since August 2014.
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