Best Online Casinos in Latvia 2024

Casino-latvija.com is an online casino comparison website with a mission to provide our readers with the latest and most valuable information about online gambling options in Latvia.

Our team is made up of experienced professionals in the iGaming industry, united in creating a new, community-focused casino comparison website. We offer the most up-to-date information on the Latvian internet gambling industry.

On Casino-latvija.com, we publish reviews of only licensed online casinos after thoroughly testing each site ourselves. Our primary mission is to evaluate licensed casinos and publish their reviews to ensure player safety.

We compile the latest information on Latvian and internationally licensed online casinos, internet gambling, and the most popular slot machines. Whether you're a beginner or a seasoned gambler, you'll find useful and up-to-date information here to help you make safe choices and play only in tested and licensed casinos.

Our reviews include all the essential information you need for the best gaming experience, as well as pros and cons, so you're fully informed before signing up. Factors we check include licensing, welcome bonus selection, payment options offered, payout speed, and adherence to responsible gaming principles.

• Online gambling can only be played in legal casino licensed in Latvia.
• The procedure for organizing gambling and lotteries is regulated by the Law on Gambling and Lotteries.
  
• The organization of gambling requires a license from the Lotteries and Gambling Supervision Inspectorate.
  
• International casinos are prohibited from offering their services in Latvia.
  
• Online gambling in Latvia is allowed for players who have reached the age of 18.

Lotteries and Gambling Supervisory Inspection of Latvia

Choosing a reliable online casino is essential if you want to gamble in a safe environment. You can familiarize yourself with casinos licensed in Latvia on the website of the Lotteries and Gambling Supervision Inspectorate (iaui.gov.lv/en).

You can be confident about playing in licensed casinos in Latvia, as the key responsibilities of the gambling supervision authorities include:

• Ensuring safe gambling (software adheres to legally stipulated payout percentages).
• Making sure that gambling and lottery organisers comply with legal requirements.
  
• Conducting control and supervision of gambling and lotteries to align with Latvian legislation.
  
• Protecting consumer interests.
  

In the last 3 years, 607 merchants have been granted a license to organize gambling games and lotteries. In 2021, it was granted to 521 merchants, in 2022 another 425. During the last year, a slight decrease was observed - the license was granted to 433 merchants (IAUI report for the 3rd quarter of 2023). It should be noted that, speaking directly to online casinos, three new Latvian casinos - spins.lv, spelet.lv and LuckyBet - have received a license in the last two years.

List of Licensed Online Casinos in Latvia

Choosing the perfect online casino for your gaming and entertainment desires can be difficult, as there are plenty of options out there. But when you take the time to do your research, you’ll be sure to find an online casino that meets all of your requirements. To begin with, we will tell you about the five most important factors that should be taken into account when choosing the best online casino, which we have chosen based on our own experience.

Be sure to read through reviews from players and industry experts alike, compare a range of gambling services offered by different platforms, and ensure that the customer service team is on hand to provide assistance if needed. Our in-depth online casino reviews take all the guesswork out of choosing – but it’s up to you to decide which one is the best fit for you and your playing style. But how to choose the best amongst the best?

1. Choose a licensed casino

The first and most important factor when choosing an online casino is to make sure that the casino is licensed. Check whether it is licensed by the Lotteries and Gambling Supervision Inspectorate or any other reputable online gambling license.

A gambling license imposes an obligation to comply with the laws of the country in which the license is issued.

2. Choose a casino with a wide range of games

Players often prefer familiar games that align with their skill level, but there's also a group who are always on the lookout for something new and challenging. The key is finding the perfect balance. It's important to choose a site that not only offers classic games suitable for all players but also provides a diverse and innovative selection to keep things interesting.

Among the most popular casino games, which continue to attract more players, are slot machine games (such as Book of Ra, Lucky Lady's Charm, Starburst), table games (including Texas Hold’em Poker, Blackjack, Roulette), live dealer games, and progressive jackpot games.

It’s also worth noting that different games come with varying payout percentages, wagering requirements, and maximum allowed bets.

3. Choose the most suitable casino bonus for you

Selecting the right casino bonus can be as thrilling as hitting a jackpot on a slot machine, but it requires a bit more strategy. We'll provide you with essential tips on what to consider when choosing a casino bonus offer that aligns with your gaming style and enhances your overall gambling experience.

How to Choose the Most Suitable Offer?

1. Compare the offers. Start by comparing the offerings of different casinos. Don't settle for the first casino bonus you come across. You can view all the latest and most favorable offers in our list of the best casinos - everything else depends on the player's preferences and goals.
2. Beware of the bonus amount. Although large bonuses may seem very enticing, in reality, they may not be. Pay attention to the bonus percentage compared to your deposit. Sometimes a smaller bonus with much simpler terms can ultimately be much more advantageous.
   
3. Check game availability. If you prefer slot machines, choosing a bonus primarily related to slot games seems like a logical choice. However, if you prefer table games, find a bonus that is more suitable for this type of gambling.
   
4. Read the bonus terms and conditions. Read and compare the bonus terms and conditions. Compare each offer based on our previously mentioned criteria. Make sure everything aligns with your preferences and available time.
   

4. Check the variety of available payment options

When evaluating the payment options at a casino you're interested in, it's prudent to consider the range of available methods. In this context, having more options is indeed advantageous.

An essential deciding factor when choosing a payment option is its availability and convenience. While the extensive list of foreign casino payment options is impressive, Latvian players may find the locally available methods sufficient because they are safe, accessible, and convenient within Latvia.

5. Choose a casino with 24/7 Customer Support

Check if a casino offers live chat, email, and phone communication options to assist you with any questions or issues. Additionally, take note of the languages in which customer support is available.

• Customer support options. A reputable casino offers 24/7 live chat, phone support, email, and a helpful, informative FAQ section.
• Working hours. Excellent customer support operates 24 hours a day, ensuring quick accessibility at any time.
  
• Speed and response usefulness. Before registering, consider sending a message to customer support to assess their response time and professionalism. When you make a deposit and encounter an issue, you should have confidence that you will receive the assistance you need.
  
• Useful resources on a website. A good online casino should provide additional resources to enhance your user experience, including a FAQ section, game rules, tutorials, and information about the site itself.
  

For the game offer to cover slots, table and live games, the most popular games and new releases, we would say that the game portfolio should have at leas 1000 games, or at best even more games.

Variety is one of the most important things in any online casino, so when choosing where to play, the second thing you should pay attention to is the selection of games. If the casino you choose offers a limited number of games, it is very likely that you will be looking for a new casino after a few sessions when you feel bored.

The best will offer all categories of gambling - slot machines, Crash games, Jackpot, Bonus Buy, table games and live casino games. In addition, also research how many variations and tables of roulette are available on the site, for example, because it is much better to play where there are 20 tables than only 3. If you are also interest in sports betting, then choose a site that also has that option available.

Instead, you should choose an operator that offers both video games and classic slots, table games, poker, live dealer games or anything else that interests you. Finding the right casino will save you a lot of time and effort in the future. Also, if you are tired of your favorite game, you will have the opportunity to choose another one, Choices are always a plus.

Slot machines

Although there are hundreds of different types of slots, they fall into six main categories. All online slots have their own unique features and capabilities. The six main types of slots are:

• Classic slot machines (or three reel slots)
• Five reel slot machines (or video slots)
• Six and seven reel slot machines
• Progressive slots (or progressive jackpots)
• Interactive slots
• Virtual reality (VR) slots

What is Return to Player (RTP)?

Return to player (RTP) indicator is based on the statistics that measures how much money wagered in a game is returned to a player over time. It is expressed as a percentage. The higher RTP, the better chances for the player. RTP is determined by a game software developer and is calculated on the basis of the total amount wagered divided by the total amount paid out to players. For example, if RTP is 97, it means that on average for every $100 wagered in a game, $97 will be paid out. This number is calculated during the game, so temporary fluctuations are expected.

Poker

Poker is a popular card game, which has its roots in the 19th century in the US. There are many versions of this game but amongst the most popular versions of poker is Texas Hold’em. It is played with a 52-card deck with two cards dealt to each player. The purpose of the game is to create a combination of the highest-ranking cards from what is available or remain the last active player. There are three rounds of betting in this game with five cards dealt face-up in the middle of the table, which players can use to form combinations. Various poker tournaments are held on a regular basis, with some prize pools even reaching $1m.

Blackjack

There are many variations of blackjack, which can be found in both, land-based and online casinos. Read on and learn about some of the most popular types of blackjack.

• Spanish 21 (Spanish Blackjack 21)
• Pantoon
• Bonus Blackjack
• European Blackjack
• American Blackjack

Roulette

Roulette is one of the most popular games among both, land-based and online casino visitors. Players simply have to pick numbers and wait to see if they have chosen the right ones. Despite the simplicity of this old game, it is possible to apply different strategies to increase the odds of winning. There are many variations of roulette, such as:

• European Roulette
• American Roulette
• French Roulette
• Roulette with three zeroes and others.

Craps also known as dice game

Craps is a dice game where players bet on the outcome of the roll of a pair of dice. Players have the following options: wager money against each another, which is called “street craps,” or wager money against a bank – “casino craps.” This game has one of the highest probabilities of winning if you place the right bets. For example, bets like Pass line and Don’t pass line offer superb mathematical advantages — 1.41% and 1.36%.

Baccarat

Baccarat is one of the oldest card games in Europe. This game is suitable for beginners because it is not difficult, but you also have to rely on luck here. The object of the game of baccarat is to get the combinations of cards closer to a certain number. The dealer, referred to here as the banker, is your opponent. Before the cards are dealt, you can bet on who will win - the player, the banker, or that the game will end in a draw.

Bingo

Bingo is a game of luck. This means that you have to be either lucky or sufficiently knowledgeable and skilled to win. According to the online bingo rules, in order to win, you need to mark off numbers on your bingo card, filling out either a line or marking off the entire card, as numbers are being drawn randomly by a caller.

Online Lotteries

Online lotteries provide a simple gambling experience. Compared to time-consuming slot machines and hours spent sitting at a poker or baccarat table, an online lottery is an instant win game. Online lotteries are practically identical to physical scratchcards. When playing online, it will take just a few minutes to find out whether you have won! Nowadays, you can find hundreds of instant lottery variations online, so you will not get bored, that’s for sure.

Casino bonuses are special promos that online casinos offer to their players. Some of the casino bonuses are: a no deposit bonus, free spins, first deposit bonus, and a welcome bonus. Read on to learn more about every type of casino bonus.

Special offers such as no-deposit, new player and recurring bonuses provide a good start to the game for those who have never played in an online casino before and are afraid to risk their money right away. Such offers have also become an important marketing tool for online casino operators, as they allow both attracting new players and maintaining the interest of existing players.

Taking advantage of special offers is a great way to try games for free with casino bonuses. Bonus amounts, terms, and conditions differ for each gambling operator.

The main recommendation is to research and compare to choose the operator that offers the best bonus conditions and betting conditions. Make sure that the casino you choose has stated the rules in an understandable way.

Free Spins

Free spins are most often offered in slot games, such as fruit-themed games. Many free spins are awarded to a specific game, such as Starburst or Gonzo’s Quest. Free spins means that you can play free games with predetermined bets for a certain amount. Also, the paylines that are used during free play are often determined separately.

The aim of the online casino is to introduce new players to the selection of games. You do not need to make a first deposit to receive this bonus. All you have to do is activate the free spins in your user account, in the bonus section. In case they are issued automatically, you need to find the game in which they are issued.

Welcome Bonus

This is a bonus that you receive upon registration.

The main types of welcome bonuses

• Bonus awarded automatically. This type of bonus is added to a user account automatically upon registration. On some occasions, you will be required to verify your phone number.
• Bonus awarded upon request. Bonus is awarded upon customer’s request, this can be done by contacting a technical support centre.
  
• Bonus with a promo code. To receive this online casino registration bonus, enter a special promo code upon registration.
  

A welcome bonus can take the following forms

• Real money. You will receive a certain amount of money in your user account, which you can use for betting or playing a specific slot machine, or any of the specified slots.
• Free spins. You will receive free spins as your welcome bonus.
  

Every opportunity has its advantages. Make sure you evaluate bonus offers to decide whether they are suitable. Good luck!

Cashback

A cashback bonus is a return of money. A cashback bonus means that the player receives a portion of the play money they lost at the casino.

Cashback usually ranges from 5-25%. The cashback bonus is always awarded up to a certain euro amount, for example: 20% cashback up to €30.

Loyalty Program

Each casino has its own unique loyalty program and exchange rate for points earned. Compare what different casinos offer and try the one that offers the best exchange rate. Some game developers value their players so much that they give away various prizes such as tickets to events and free online tournaments.

Bookmaker bonuses

Just like online casinos, bookmakers also offer a variety of bonuses to their players. The most popular of them are – a welcome bonus, risk-free bets and a deposit bonus.

Risk-free bets

The most popular bookmaker bonus is risk-free bets. Risk-free bets make it possible for a player to bet without any risk of losing their money.

For example, you bet €5 on hockey. If your bet loses – you get your money back. If it wins – you get the winnings.

Important to remember - Playing conditions

Casino bonuses include wagering requirements. Usually a certain amount must be played before you can withdraw any winning from the bonus funds.

Example 

You want to use a bonus that has a wagering requirement of 35x. This means that for every €1 deposited, you will have to roll over this amount 35 times before withdrawing you winnings. So if you played with €10, you will need to turn over €350 before withdrawing. Playing conditions may differ in each casino.

We recommend first checking the payment page to understand if a casino supports payment options that are of interest for you. If you do not find your preferred payment method, you should contact customer support just to make sure. Customer support agents can also help choose another payment option that is suitable for players in your country.

The most common payment methods in Latvian casinos

In Latvia there are two common methods of how to make a deposit in an online casino. One of them is a bank transfer, which is also the most popular method. Banks operate as a middleman between a player and an online casino. Bank transfers are also handled through online services, such as “Trustly.” The other, less used, but nonetheless popular method is bank cards. For a deposit to land in the player’s account, the player is required to enter their card details. An E-wallet is an alternative payment method.

• Creditcards/Debitcards - MasterCard, Visa
• Bank Transfer - SEB, Swedbank, Citadele, Luminor
• Payments with e-wallets were not supported in Latvia until relatively recently, but currently some Latvian casinos also offer payments with e-wallets (Paysera, Trustly, Paysafecard, etc.).

Compared to foreign casinos, the number of available methods is of course smaller, because the list of payment options found in them is similar to the list of game manufacturers and is huge.

Most popular payment methods in foreign casinos

• E-wallets - PayPal, Skrill, Neteller, ecoPayz, Wise, etc.
  
• Creditcards/Debitcards - Visa, Mastercard, American Express, etc.
• Crypto - Monero, Ethereum, Dash, etc.
• Mobile payments - Google Pay, Apple Pay, Amazon Pay, etc.

Deposits

You will need to make a deposit before you can start playing for real money. But what should you consider before making a deposit?

Each casino will offer a range of payment methods to choose from. Bank transfers, payment cards, e-wallets, etc. Choose the method you already use of another payment method that is more convenient for you.

What is the Minimum Deposit Amount in an Online Casino?

Each casino specifies a minimum deposit amount, usually around €5-10, along with payout limits. Larger winnings are paid out over several days or in multiple payments.

Note that a casino may have a minimum deposit of, for example, 5€, but to qualify for the welcome bonus, the rules require a minimum deposit of 20€. Read carefully all the terms and conditions of the casino and the bonus before making a deposit.

Deposit limits

Pay attention not only to payout time but also to limits. This is important if you play with large sums of money.

Some casinos set not only minimum deposit but also deposit limits. If you plan to play with high stakes, be sure to check whether the site you choose has such restrictions.

Payment processing time

Once you've made a transfer, it doesn't mean the money has gone straight to the player's account. How long it takes for the money from your account to reach the operator's account varies depending on the payment method you choose. As soon as confirmation of the transaction is received from the payment provider, your user account is immediately credited.

You can, of course, search for this and other information about payments in the sections specified by the chosen casino - in the terms and conditions of the casino, in the payment methods section, under the conditions for receiving the relevant bonuses, FAQs, as well as, by asking your questions to the casino's customer support.

Cashing out your winnings

Players often think that winnings are paid out like this - you play the bonus, win the money and immediately pay it out to your bank account. However, it is likely that the system will show an error, because some basic factors must be taken into an account regarding the amount of winnings.

Wagering Requirements

All bonuses have applicable wagering requirements that require a player to cycle through the bonus money a certain number of times before they can request a payout.

KYC (Know Your Customer)

As previously mentioned, to request a payout for your winnings, it's necessary to perform an account verification. If you didn't do this when signing up, it must be done before requesting a payout. That's why we recommend doing it right away, so as not to delay your payout.

How quickly do casinos typically pay out winnings?

Most casinos confirm withdrawal requests within 1-2 days. However, if you're looking for the fastest payout method, e-wallets like Trustly, Neteller, or ecoPayz are usually instantaneous, processing within a few minutes.

When evaluating payment options of a specific casino, always consider the payout time, which is usually indicated in a casino's payment category.

The payout speed depends on the chosen payment method. A cash withdrawal from a personal account occurs immediately after a player's request. Each casino sets a minimum payout amount, for example, €10. Payouts can only be made to a bank account registered in a player's name, from which the deposit was made.

Cash withdrawal from a player's account is confirmed immediately, and if all necessary checks have been conducted, it is paid out in the following times:

• Winnings up to €720 are paid out immediately.
• Winnings up to €721 to €14,300 are paid within 24 hours.
  
• Winnings that exceed €14,300 are paid out in 30 days and in no more than two payments.
  

International casino payouts:

• International casinos offer many more payment options, including e-wallets and immediate transfer services like PayPal, etc., which offer the fastest payouts.
• They offer higher payout limits.
  
• The KYC process in international casinos may differ from rules set out in Latvian casinos, and this can affect the payout speed.
  

Taxes have always been a hot topic for players. Do I have to pay taxes on my winnings? What kind of taxes are applied to payouts? On January 1, 2018, amendments on Personal Income Tax law came into force, which require for a 23% Income Tax to be applied on winnings over €3000.

In a nutshell:

• For winnings over €3000 up to €78,100, a tax rate of 23% is withheld.
• For winnings over €78,100, a tax rate of 31% is withheld.
  

You can learn more about the Personal Income Tax withheld from lotteries and gambling winnings by visiting: https://likumi.lv/ta/en/en/id/56880-on-personal-income-tax

If during a year in various sessions you have won no more than €3000, but combined winnings exceed the non-taxable amount, you must pay the tax by submitting the Annual Income Declaration to the State Revenue Service.

You can learn more about filling out an annual income declaration by visiting: https://www.vid.gov.lv/en/personal-income-tax

How to Work Out Gambling Winnings Tax?

Suppose you have won €9000 playing casino games.

• €3000 from winnings are not taxable
• €6000 will be taxed
  
• €6000*0.23= 1380
  
• Your prize after tax: 9000-1380=€7620