Znaczenie dochodów związanych z hazardem dla budżetu państwa – na przykładzie Republiki Łotewskiej

Latvia is a country with a developed gambling industry. There are about 300 places that allow you to legally gamble. Gambling games may only be organized in casinos, game arcades, bingo halls and betting machines or bookmaker websites that have obtained an appropriate license authorizing them to conduct gambling games. Obtaining such a license requires payment of a fee. The license must also be renewed annually. Its issuance and renewal, depending on the type of gambling activity, may cost up to EUR 400,000. Running a gambling business is also taxed in both amounts and percentages. The aim of the article was to analyze Latvian regulations on gambling and its taxation, as well as the importance of gambling-related income for the budget of the Republic of Latvia.