Wed, May 15, 2:44pm by Staff Writer
Game development studio BeeFee has entered the Latvian retail gaming market, with its slot machines and popular casino content now available in LVBET’s casino halls in the country, Calvin Ayre reports.
Under LVBET’s Latvian gaming licence, 18 of BeeFee’s most popular slots games are now live in the country for the first time, including Book of Ming, Stunning Hot, Magic Hunter and Dragon’s Power.
BeeFee will be the main slot machine provider for LVBET’s casino halls in Latvia.
BeeFee’s terminals can currently be found in LVBET’s casino hall in Terehova, on the border to Russia, which will be followed by venues in Valka and Kraslava.
LVBET has also applied for permission to operate more casino halls in the country and is in the process of obtaining betting licences for the premises.
The chief executive officer of BeeFee Piotr Szpoton said, “we are thrilled to have our land-based products live in Latvia through our distribution deal with LVBET and we are certain that our products will be a hit with players in the country.”
“Entering the Latvian market is part of BeeFee’s strategy to expand our footprint and cement our position as a leading slot machine provider in the retail market.”
BeeFee’s slot machines are manufactured in the company’s factory in Poland and certified in the UK, Germany, Switzerland, Romania and Latvia.
The supplier also creates innovative slots content for the global online market.
BeeFee has a focus on developing high-quality games and offers an extensive portfolio of industry-leading products to the sector.
The London and Malta based company was founded by industry veterans and is also a land-based operator and games producer in several European jurisdictions.
— Gaming Intelligence (@GamingIntell) May 14, 2019
The City Council of Riga in the eastern European nation of Latvia is going to close down all of its gaming venues, including those downtown and in neighbourhoods.
Riga Mayor, Nils Usakovs has asked the municipality’s Legal Affairs Department and Urban Development Department to prepare a decree that will revoke all gaming venues’ licenses in Riga, except for those given to four- and five-star hotels.
European Gaming s reporting that if the operation of gambling on the particular premises creates a substantial impairment to the interests of the State and the residents of the respective administrative area, the city of the local government council is entitled to terminate the permit to establish a casino, a gambling hall, a bingo hall, a betting or a wagering shop and to operate the respective type of gambling on the premises.
“This is one task we have to accomplish. We made the first step in 2017 when we banned gaming venues in the historical centre of the city,” Mr Usakovs said.
“At the same time, it is clear that the problem is gambling is the worst in the neighbourhoods of Riga. That is why the municipality has to do everything in its power to finally make Riga a city completely free of gambling,” he said.
The City Council’s Security, Public Order and Corruption Prevention Committee last week approved the proposal for the closure of gaming venues.
If the planned decree gains traction then it would result in the revocation of nearly 200 licenses for the provision of gambling services at special halls around the Latvian capital.
Riga’s crackdown on gambling halls kicked off in 2011 when the City Council stopped issuing licenses for the opening of new facilities.
In 2017, officials ordered the closure of 42 gambling venues in the historical centre of the Latvian capital.
Online casino content developer and supplier Red Rake Gaming has announced another major partnership that will help its deliver on its strategy…
The Stars Group’s flagship brand PokerStars has partnered with Paysafe Group to roll out the global payments provider’s Rapid Transfer online payment…
The first wave of Japanese casino resorts could start opening from mid next year, but it wouldn’t damage the prospects of large-scale…