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Latvia gambling decline continues into third quarter

3rd November 2020 10:14 am GMT
Latvia

Latvia’s regulated gambling market has seen total turnover decline by 46 per cent to €129.2m in the first nine months of 2020, despite signs of improvement during the third quarter period.

With first half results significantly impacted by the COVID-19 pandemic, turnover in the third quarter improved but was still down by 33 per cent versus a year ago at €55.1m.

Gross gaming revenue (GGR) from gambling declined by 45 per cent to €123.1m over the nine-month [...]

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