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Enlabs

Enlabs promotes Jelena Nisa to CFO

Stockholm-listed betting and gaming operator Enlabs has appointed Jelena Nisa as its new chief financial officer (CFO).

Nisa has been with Enlabs for more than four [...]

1 min read
Latvia

Gaming Innovation Group shares surge on new Latvian contract

Shares in Oslo-listed gaming supplier Gaming Innovation Group hit a new 52-week high Monday after the company announced a new long-term contract to take Novomatic’s [...]

2 mins read
Latvia

Latvia gambling decline continues into third quarter

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 [...]

1 min read

Latvian gambling market shrinks by 52% in first half of 2020

Latvia’s regulated gambling market declined by 52 per cent to €74.1m in the first half of 2020 as a result of the COVID-19 pandemic.

All gaming [...]

1 min read
Playtech

Playtech agrees Enlabs poker and casino supply deal

London-listed gaming supplier Playtech has entered into a partnership with Enlabs to launch its poker and casino products for the operator’s Optibet.lv and BestPoker.com brands.

The [...]

2 mins read
Enlabs

Enlabs launches EveryMatrix-powered esports offering on Optibet

Stockholm-listed gaming operator Enlabs has launched a new EveryMatrix-powered esports betting offering on its flagship brand Optibet in Latvia and Estonia.

EveryMatrix’s OddsMatrix esports betting service [...]

2 mins read
Latvia

Latvia reinstates gambling licenses following COVID-19 suspension

Latvia’s licensed gambling providers will resume operations this week as the country’s COVID-19 state of emergency comes to an end.

Latvian authorities took the unusual decision [...]

1 min read

Latvia suspends online gaming operations during lockdown

Latvia’s gambling regulator has confirmed that the nationwide suspension of gambling activities also applies to online gambling operators, whose licenses will now be suspended.

Latvia adopted [...]

1 min read

Latvian gambling regulator seeks advice on interactive license suspensions

Latvia’s gambling regulator has asked the Ministry of Justice to provide guidance and clarity on emergency measures adopted Friday to combat the spread of COVID-19, which appear [...]

1 min read

Online drives Latvia gambling market growth in 2019

Licensed gambling operators in Latvia grew their combined gross gaming revenue by 10.5 per cent to €324.3m in 2019, buoyed by strong growth online.

Total gross [...]

1 min read
Enlabs

Enlabs names new CEO as Robert Andersson moves to board role

Stockholm-listed gaming operator Enlabs has appointed George Ustinov as its new president and CEO with immediate effect.

Ustinov, who was only recently promoted to chief operating officer [...]

1 min read

Enlabs shares slump despite record Q4 revenue

Stockholm-listed gaming operator Enlabs has reported a 29 per cent increase in full year revenue to €39.6m in 2019, benefiting from another record performance during [...]

1 min read