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Latvia to Welcome Mare Balticum Gaming Summit in 2018

The year of 2018 is expected to see a lot of development in the gambling sector in the Baltic and Scandinavian region and one of the driving forces for this change is going to be the inaugural edition of Mare Balticum Gaming Summit which is scheduled to be held in Riga, Latvia. The gathering aims to attract the gambling industry of the Baltic Sea Region and provide a lot of information regarding the future projects and changes which could happen in the area. The summit is scheduled on 8th May 2018 at Astor Riga Hotel, Riga.

EEGEvents, which is the gaming events organizer responsible for the event has decided that this is the place which will provide the most suitable environment for a gaming summit with this rank. The main aim of the congregation will be to give gaming operators and vendors operating on a global scale the chance to meet local regulators which will also be present at the summit. It will provide all parties involved in the field with the opportunity to discuss the future of the sector in the Baltic Sea area and what measures could be taken in order to improve its current state.

Summit Agenda with Many Offerings

Even though the event is going to take place in May, the schedule for it is already published and as it turns out it is going to feature many intriguing topics related to the state of the industry in Latvia, Lithuania, Estonia, Denmark, and Sweden. It will also feature discussions about various innovations which could be implemented in the field in order to further improve it and how they could be achieved. There will also be a round table discussion which is going to include the gambling regulators of the Baltic countries, and something which should be marked is that there is a limit on the number of delegates per regulator, amounting to 15 people.

Experts are going to share their vision on the current state of the gambling field in the countries in the region and provide their insight into the way the industry is working. The speakers will also offer their unique set of ideas of how it could be improved while the innovation informative sessions will strive to deliver the latest news regarding technology innovations which have the potential to be adopted successfully by the sector in order to increase revenue rates and draw new customers to the gambling operators.

In the recent months, Latvia and Sweden have seen some development plans in the gaming field. It could be recalled that the parliament of Latvia decided to set a new license fee for live casino services in the country which will amount to €400,000 per year. The change will be applied from 1st January 2018 to all operators willing to offer live casino. In the meantime, the government of Sweden is discussing a new gambling framework which is aiming to put an end to the current iGaming monopoly of SvenskaSpel and allow local and international online gaming operators to enter the sector. The amended legislation is expected to take effect by 2019.

 Author: Hannah Wallace

Hannah Wallace has been part of our team since the website was launched. She has a master’s degree in IT.