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Latvias IUAUI locked down a total of 102 gambling websites
Latvias Lotteries and Gambling Supervision Inspection (IUAUI) has just completed an update of its new online poker sites blacklist, the fifth of its kind in few months. Several gambling sites such as Unibet, Everest Poker and Poker Playboy now join world famed poker rooms PokerStars, Full Tilt Poker and 888poker on the blacklist, bringing the number of unauthorized sites to 102. As a reminder, online gambling has been legalized in Latvia since January 1, 2006, under the "Gambling and Lotteries Law." Interviewed by PokerNews, IUAUI Director Signe Birne said online gambling market in Latvia is populated by illegal and unlicensed online gambling providers. In recent years, the regulator has seemingly tolerated the presence of those unauthorized e- gambling sites. However, things have taken another turn with the State issuing licenses that allow gambling company to legally operate in Latvian market. On the other side of the bench, illegal operators argued that the gambling laws requirements are too tough, and that license fee is too expensive.
With the new proposed draft being submitted to Latvias national government, things are likely to change in positive way soon. Hence, the analysis of Latvias active enforcement of the gaming law is expected to positively shape Latvian e-gambling market up. Besides, it would accelerate the reform, permitting online poker sites and other gaming operators to legally operate without restrictions. Note that a bill has already been introduced in 2011, but lobbies were said to slow the process down. Latvia-based gambling providers now keep their fingers crossed.
Source: Jack SMITH
Wednesday, 03 September 2014
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