Lotteries and Gambling market on 2008, 1st quarter

There are all together 19 gambling license holders and State owned Joint Stock Company „ Latvijas Loto” (state scale lotteries).                         

1 EUR = 0,7028 lats (LVL)    1 USD = 0,48 lats (LVL)                 

 

Financial results of gaming market in Latvia 2008 – mill. lats

 

 

2007

1st quart

2008

 1st quart

%

1.

 Total turnover of market enterprices

45,282

47,268

104,4

2.

 GGR from Gambling and Lotteries

41,547

 43,295

104,2

2.1.

GGR from Lotteries

1,537

 1,885

122,6

2.2.

 GGR from gambling, incl,

40,010

 41,410

103,5

2.2.1.

               Gaming machines

34,133

 35,511

104,0

2.2.2.

             Gaming tables (roulette, cards)

3,745

 2,859

  76,3

2.2.3.

                Bingo halls

0,478

 0,326

  68,2

2.2.4.

                Betting

1,654

 2,318

140,1

2.2.5.

                Phone game

-

 0,394

-

3.

Other activities (bars, billiard, etc.) 1.-2.

3,735

3,973

 106,3

 

Financial results of gaming market in Latvia on 2007, 2008 – mill.lats

 

 

2007

IV-th quarter

2008

 I-st quarter

1.

 Total turnover of market enterprices

55,832

47,268

84,7

2.

 GGR from Gambling and Lotteries

50,668

 43,295

85,4

2.1.

GGR from Lotteries

1,379

 1,885

136,7

2.2.

 GGR from gambling, incl,

49,289

 41,410

84,0

2.2.1.

               Gaming machines

42,944

 35,511

82,7

2.2.2.

             Gaming tables (roulette, cards)

3,186

 2,859

89,7

2.2.3.

                Bingo halls

0,358

 0,326

91,0

2.2.4.

                Betting

2,462

 2,318

94,2

2.2.5.

                Phone game

0,339

 0,394

116,2

3.

Other activities (bars, billiard, etc.) 1.-2.

5,164   

3,973   

76,9

 

The biggest gaming companies (GGR in mill.lats)

 

2007-3 months

2008-3 months

 %

SIA ALFOR

13,561

13,919

102,6

SIA OLYMPIC CASINO

 6,589

6,309

   95,8

SIA JOKER

 3,287

3,740

113,8

SIA POST&NEVADA

 2,241

2,566

114,5

A/S ADMIRĀĻU KLUBS

3,396

2,553

    75,2

SIA FURORS 

 2,476

2,366

    95,6

 

Payments in State budget from special gaming taxes and duties (mill.lats)

 

 2007- 3 months (fact)

2008-3 months  (est.)

2008-3 months (fact)

% Result

(to estim.)

 Lottery and Gambling Tax and Duty

5,725

6,389 

6,348 

99,3

 Duty on Marking Signs

0,227

0,260 

0,345 

132,7

Duty on Sales Promotion Lotteries

 0,054

0,070 

 0,049

70,0

Total

 6,006

6,719

6,742

100,3

In addition:

Gaming taxes paid to Municipalities  1,905  mill.lats

The other calculated taxes to State budget  4,43  mill.lats.

  

 Statistics

 

2006

Decem.

2007

March

2007

June

2007

Septem.

2007

Decemb.

2008 March

 Gaming machines

16868

16327

16792

16974

16671

16235

Roulette tables

37

37

37

37

38

33

Card tables

139

137

137

137

141

120

Gaming Halls

554

565

570

564

558

540

Bingo Halls

3

3

3

3

3

3

 Gaming places outside gaming halls

346*

-

-

-

 -

 -

Casinos

15

15

15

15

16

13

 Betting points

19

19

20

19

19

20

* In accordance to Gaming and Lotteries Law there are prohibited to operate gaming machines outside casinos and gaming halls since January 1, 2007.

 

Sales promotional lotteries

  3 months 2008 there were issued by the Inspection:

·        66 lottery permissions (for lotteries prize fund whereof is larger than 710 EUR;

·        245 lottery confirmations (for lotteries prize fund whereof is smaller than 710 EUR).

Total prize fund being subject to a state fee shall be 197028 lats and the state fee collected constitutes 49257 lats.

Income from the said fee shall be used for implementation of design of the National Library of Latvia pursuant to provisions of the Law on Lotteries of Goods and Services.

 

 

Summary of Gaming Market in Latvia (2003 – 2007)

N.p.k.

 Indices

 Unit

2003

2004

2005

2006

2007

1.

Total turnover of Market enterprises 

Mill.EUR

77.228

100.739

145.603

211.937

288,588

2.

 -GGR from Gambling and Lotteries

Mill.EUR

66.834

93.023

131.687

193.056

258,480

2.1.

- GGR from gambling

Mill.EUR

62,675

87,852

125,645

185,651

250,077

2.2.

- GGR from Lotteries

Mill.EUR

  4,159

5,171

6,042

7,405

8,403

3.

Gambling and Lotteries tax and duty paid to state budget   

Mill.EUR

10.459

13.538

16.846

26.365

35,639

4.

Gambling and Lotteries tax and  paid to municipalities budget     

Mill.EUR

2.662

3.500

4.532

7.312

10,357

5.

Gambling and Lotteries tax and duty TOTAL  (3.+4.)

 Mill.EUR

13.121

17.038

21.378

33.677

45,996

6.

Gambling and Lotteries tax and duty total to GGR (5.:2.)

%

19,63

18,31

16,25

17,44

17,79

7.

Other paid taxes   

Mill.EUR

4.351

6.640

11.128

16.529

26,215

8.

Paid taxes in Total (5.+7.)

Mill.EUR

17.472

23.678

32.506

50.206

72,211

9.

Total paid taxes to market turnover(8.:1.)

%

22,62

23,50