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Online drives Latvian gambling market growth in first half

24th August 2018 7:48 am GMT

Latvia’s regulated gambling market recorded a 10.5 per cent increase in gross gaming revenue (GGR) to €133.8m during the first half of 2018, following an increased contribution from online operations.

The country’s 15 licensed operators and the state-owned lottery Latvijas Loto generated total GGR from gambling of €126.4m during the period, with other activities (including bars and billiards) contributing a further €7.4m.

H1 2018 Gross Gaming Revenue Comparison (€)

Gaming machines remained the market’s biggest product vertical as GGR [...]

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