Economics and statistics

The legal gambling market of Latvia generates stable budget revenues through licenses, tax on gross gaming income and related payments, and also creates jobs in casinos, slot halls, online operations and related areas (IT, financial monitoring, marketing).

After the pandemic recession, the offline segment has recovered, but the market dynamics are set by online casinos and bets supported by high sewage rates and blocking illegal immigrants.

The results are influenced by the municipal policy on the placement of halls, strict compliance (KYC/AML) and advertising restrictions; operator costs are rising due to responsible gaming and technical certification requirements, but the transparency of turnover and tax base remain high by European standards.