29 November 2017 – Riga, Latvia – The inaugural edition of Mare Balticum (Baltic Sea) Gaming Summit Riga will be held on the 8th of May at Astor Riga in Latvia.

The Baltic and Scandinavian region provide a great wealth of knowledge when it comes to online gambling. The regulations in the region have been carefully adjusted and the current status of the markets show good investment potential. The region is known to adapt quickly to changes and it’s flexible towards involving digital innovations. This is why the Baltic and Scandinavian region is good adopter of quality measurements that insure the online and land based gambling co-exist.

Focus on Latvia

With the recent changes in the licensing fee which came after Latvia’s parliament announced that the license fee for live casino services in the country will now be set at €400,000 ($475,900) per year.