Latvia may suspend gaming operations as part of restrictions on the spread of COVID-19
The Latvian parliament has voted on measures to limit the spread of COVID-19. It is Enlabs' assessment that one of these measures may result in a temporary suspension of all gaming licenses in the country and thus temporarily prohibit gaming operations, both land-based and online. There is still much uncertainty and formally no law is passed. The Government of Latvia has declared that an extraordinary situation exists until 14 April 2020.
Enlabs monitors the ongoing development very closely and will update the information when more clarity prevails.
Enlabs stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within three business areas: Gaming, Media and Solutions. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.
For more information, visit enlabs.se
ENLABS AB is obliged to publish the above information in accordance with the EU’s Market Abuse Regulation. The information was provided by the above contact person for publication at 13:55 CET on 21 March 2020.