Proposal submitted for tighter regulation of gambling in Latvia
A new proposal has been submitted to the Latvian government aiming to tighten regulations on the gambling industry in the country. The proposal, which was put forward by a group of lawmakers and experts, seeks to address the growing concerns around problem gambling and social harm caused by the industry.
According to the proposal, a number of measures would be implemented to better regulate the gambling sector in Latvia. One of the key suggestions is to introduce stricter age verification checks for gamblers, with the aim of preventing underage individuals from participating in gambling activities.
Additionally, the proposal calls for the creation of a national self-exclusion registry, where individuals can voluntarily exclude themselves from all forms of gambling in the country. This is intended to help those who are struggling with gambling addiction to seek support and prevent further harm.
The proposal also outlines plans to limit the number of gambling venues and machines in the country, in order to reduce the accessibility of gambling products and curb harmful behavior. Furthermore, stricter advertising regulations would be introduced to ensure that gambling operators do not target vulnerable groups or excessively promote their services.
Experts have welcomed the proposal, highlighting the urgent need for tighter regulations in the gambling sector. They argue that the current legislation is outdated and fails to adequately protect consumers from the risks associated with gambling.
In response to the proposal, the Latvian government has expressed its support for the initiative and has promised to carefully consider its recommendations. If approved, these new regulations could have a significant impact on the gambling industry in Latvia, leading to a more responsible and accountable approach to gaming.
Overall, the proposal for tighter regulation of gambling in Latvia represents a positive step towards addressing the harms caused by the industry and protecting vulnerable individuals from the dangers of excessive gambling. It is hoped that these new measures will help to create a safer and more sustainable gambling environment in the country.