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Latvia clamps down on Online Gambling

by new_c_admin

Latvia declares war on unregulated online gambling operations; crackdown targets both operators and their customers

Latvian authorities are ramping up efforts to combat unlicensed online gambling operations after the government of the Baltic nation Saeima approved earlier this month a set of amendments to the existing gambling law.

Gambling news outlet LoginCasino reports that multiple new measures will be implemented for tackling unauthorized operations on the territory of Latvia. The pending crackdown aims to prevent Latvian gamblers from accessing unlicensed casino and betting websites.

Under the recently amended regulatory regime, local financial institutions and Internet service providers will be required to disclose the identity of Latvian nationals who opt for unregulated gambling websites. Any gamblers caught to be violating the nation’s gambling rules will face fines of up to €350 per incident.

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