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Thread: Latvia live casino fee

  1. #1

    Latvia live casino fee

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    News broke a month ago that the Latvian parliament planned to introduce a fee for live casino services from Latvia.

    Talk was of a fee around the 11,700 mark per live casino table per year.

    This proposed tax on tables now seems abandoned with the parliament announcing that instead there will be a set licence fee of 400,000 per year for all operators that offer live casino.

  2. #2
    Good news I imagine for the big studios then, as they compete to add more and more tables....no need to relocate a large number of tables to Romania or wherever.



    Question is, will the fee finally kibosh any lingering plans you may have had LD for a small VIP studio in Riga?

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ID:	5208 .....Livedealer table no more

  3. #3
    Administrator LD's Avatar
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    Good news I imagine for the big studios then
    Absolutely...another significant barrier to entry for new operators as well (in Riga anyway). And 400K EUR won't worry the big studios...Evolution made €30 million profit last year. Will be over €40 this year so €400K certainly won't break the bank.

    will the fee finally kibosh any lingering plans you may have had LD for a small VIP studio in Riga?
    Haha. For 3 years I've been thinking there's a table in the Evolution storeroom that only needs the 'VIP.com' rubbed out and replaced a '.org'

    The dream is now dead
    'coz good old fashioned real random beats simulated random any day

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