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New Latvia measures: online operators say that it could result in lawsuits seeking significant financial compensation

Published date: 2020-03-26
New Latvia measures: online operators say that it could result in lawsuits seeking significant financial compensation

Earlier this week, Jānis Trēgers, head of the Latvian Association of Internet Gambling (LIAB), issued a statement slamming the government’s decision to include online gambling among the activities temporarily halted to minimize further spread of the COVID-19 coronavirus pandemic.

 


To this, the online operators say that it could result in lawsuits seeking significant financial compensation. As they had already reported their average number of active gamblers falling by 26% following the government declaring a state of emergency on March 14

Also, Trēgers said “reducing the industry’s revenue to zero” would spell the death of the domestic online market.

The Lotteries and Gambling Supervisory Inspection of Latvia (IAUI), which had requested clarity from the government regarding the online ban, has yet to update the market on what response, if any, it had received.

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