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Previous to 2014, it was fairly straightforward for unlicensed online betting websites to operate in Latvia, but that modified when Latvia adopted Estonia’s example by creating a blocklist of all unlicensed platforms and blocking them from operating illegally. The online casino industry was unregulated in Latvia till 2006. However, with the introduction of 2006’s Gambling and Lotteries Regulation, online casino gambling is now authorized and regulated. Additionally, to ensure tight regulation, every online casino in Latvia should re-register with the Lotteries and Gambling Supervisory Inspection every year. All online casinos operating in the country must pay 5% tax, which may be very low compared to different international locations. In addition to licensing online casinos, Latvia’s Gambling and Lotteries Regulation has several strict rules that operators must adhere to, resembling reaching minimal set amounts on returns for certain video games.

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