(PRESS RELEASE) - Leading online and mobile casino content provider iSoftBet has strengthened its hold in Eastern Europe after its full suite of games were certified for launch in Latvia and Estonia. Each game was rigorously tested for compliance by third-party auditor Quinel M Limited and has also been approved by each market's regulator. Online gambling is permitted and regulated in Latvia and the sector, which includes poker, betting and casino offers is rapidly expanding; six operators currently hold an online gambling licence and online revenue soared 98 percent in 2015, to €11.5m, with online casino dominating the market.

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Latvia is home to lots of beautiful forests, fascinating castles, and picturesque villages. The Baltic country also has a regulated gambling industry that includes multiple land-based casinos. The Lotteries and Gambling Supervisory Inspection (IAUI) is the governing body. Online gambling is also legal, but only at gaming sites licensed by Latvian authorities. The government of Latvia aims to change the current online gambling legislation, which will be unfavorable for unlicensed gaming sites. However, banning sites is an extremely difficult job due to the open nature of the internet.

Best Latvian online casinos

For now, gamblers based in Latvia can enjoy licensed online casino platforms, while many unlicensed sites are also available. That obviously means that Latvians have plenty of virtual casinos to choose from.
Latvian is the country’s official language, but a vast majority of the population also speaks Russian. That comes in handy considering the fact that lots of online casinos are presented in Russian. Latvians may want to consider the following reputable gaming sites:

Popularity online casinos in Latvia explained

The Latvian GDP enjoyed an average growth of 1.10 percent in the period 1995 – 2015. In the last three months of 2015, the open economy contracted by approximately 0.1 percent, after a 0.9 percent expansion in the third quarter. Latvia’s GDP per capita accelerated to $22,460.44 in 2014. The Central Statistical Bureau of Latvia expects a 3.0 percent growth this year.
Eight of ten people in Latvia are internet users, which is a testament to the country’s strong development. The use of tablet computers and smartphones is on the rise in Latvia, and an increasing number of gamblers enjoy their favorite online casino games on the go.

Gambling and online casinos in Latvia

The exciting world of online gambling is definitely a popular leisure activity among Latvians. Ever wondered what the big deal is about online casinos? These are some of many reasons behind the success story of online gambling:

• Staggering payouts, including multimillion jackpots
• Spectacular promotions that add a cool dimension to virtual gambling
• Generous bonuses, such as deposit bonuses
• A huge repertoire of popular table games, slot titles, sports betting, etc.
• The ability to gamble on the go thanks to mobile casinos
• Live online gambling, which combines the best of both worlds

How to deposit money in an online casino when I’m from Latvia?

Most online casino games come with the free-play mode, which is another benefit of virtual gambling in comparison to the land-based equivalent. Online casinos are also equipped with a whole host of trustworthy deposit systems. The majority of those payment methods falls under these two categories:

• Credit cards, including the market leaders Visa, MasterCard and Maestro
• E-wallets, like Neteller and Skrill

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SEE ALSO

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Our Games – Including details of native speaking tables at our Malta studios and all live games available from our Latvia studios.
Dedicated Tables and Environments – Including the option of dedicated teams and native speaking dealers in your own exclusive, branded Live Casino.
Land-Based Live Casinos – Our world-leading live games streamed from your own or shared live studio in a land-based casino.