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Latvijas Loto

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uuid0029dpf

Namestring
Latvijas Loto
Legal namestring
Latvijas Loto
Websiteurl
latloto.lv
Company typeenum
Private
Founded yearint
1993
Descriptiontext

Latvijas Loto is Latvia's state-owned national lottery operator, headquartered in Riga and operating since 1993. The company delivers a portfolio of lottery products centered on scratchcard (instant-win) games and draw-based lotteries, distributed through an omnichannel model that combines a physical retail network across Latvia with a digital channel branded iLOTO. Functional segments are horizontal: the customer base is the general Latvian population purchasing lottery participation for entertainment and the implicit benefit of contributing to public projects.

The company's product and technology layer rests on a long-standing partnership with Scientific Games, which has supplied the core gaming systems infrastructure since 2002 and retail scratchcard game programming since 2017. In 2026 this relationship was renewed for a further five years following competitive procurement, with the stated objective of supporting continued omnichannel delivery and 'responsible growth' across physical and digital channels. Latvijas Loto does not disclose a proprietary technology stack beyond this integrated lottery platform, and the source material identifies no in-house AI, API, or mobile-app layer.

Commercially, Latvijas Loto is a government-controlled entity operating under Latvian regulatory authorization; revenues generated from lottery ticket and scratchcard sales are directed to Latvia's state budget and fund public projects in education and cultural heritage. Pricing is not publicly disclosed. The operating geography is single-country (Latvia), no headcount expansion trend or growth metric is published, and there is no public listing, ticker, funding round history, or M&A activity referenced. The 51-100 employee footprint is consistent with a mature, narrow-scope state operator rather than a scaling commercial enterprise.

Short descriptiontext

Latvijas Loto is Latvia's state-owned national lottery operator, offering scratchcard games, draw lotteries, and online lottery products via the iLOTO digital channel to Latvian consumers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersRiga, Latvia
HQ citystring
Riga
HQ countrystring
Latvia
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
national lottery services, instant scratchcard games, online lottery gaming, lottery retail distribution, state lottery operations
Industry4 codes
1Lottery Operators (Government & Private Licensed)
CodeMPAEAFAAPrimaryYes
2Digital Lottery & iLottery Platforms (Web/App)
CodeMPAEAFADPrimaryNo
3Lottery Ticket & Instant Games (Scratch-Off) Publishing/Printing
CodeMPAEAFACPrimaryNo
4Lottery Retailer Networks & Distribution Services
CodeMPAEAFAFPrimaryNo
NAICS code1 code
  • Gambling Industries7132
SIC code1 code
  • Services-Miscellaneous Amusement & Recreation7990
Product category
National Lottery Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1National Lottery Operations
TypeTransaction Fee
Description

Latvijas Loto operates Latvia's national lottery, generating revenue through scratchcard games and other lottery products sold via physical retail and digital channels. The lottery is a state-owned enterprise whose revenues support Latvia's state budget and public projects in education and cultural heritage.

prnewswire.com
Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Latvijas Loto operates Latvia's national lottery, selling physical and digital scratchcard games and online lottery products through an omnichannel model spanning retail locations and digital channels (iLOTO). The company also maintains gaming systems infrastructure supporting lottery operations, with revenues flowing to the Latvian state budget and public projects in education and cultural heritage.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Latvijas Loto is Latvia's national lottery operator offering a portfolio of lottery products centered on scratchcard games available through both physical retail and digital channels. The company operates gaming systems infrastructure and partners with Scientific Games for game programming and omnichannel delivery. Lottery revenues support Latvia's state budget and public projects in education and cultural heritage.

Product and service2 records
1Scratchcard Games
CategoryNational Lottery Services
2Online Lottery (iLOTO)
CategoryOnline Lottery Gaming
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-05-20
Description

Scientific Games has been Latvijas Loto's gaming systems provider since 2002 and scratchcard game partner since 2017. A new five-year agreement (awarded through competitive procurement) extends the partnership to continue delivering scratchcard games and game programming across physical and digital omnichannel platforms. Scientific Games provides the technology infrastructure supporting Latvijas Loto's national lottery operations.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Core technology and content partner supplying Latvijas Loto's gaming systems and scratchcard content; comparable as a participant in the lottery ecosystem with deep relationships across national lottery operators worldwide.

TypeRegional player
Description

Spanish lottery and social gaming operator with a public-purpose mandate; comparable structure (state-aligned, consumer-facing lottery products) but primarily Iberian market focus.

TypeOthers
Description

Global lottery systems and instant-game content provider serving national lotteries globally; comparable as a vendor enabling similar operators, providing alternate perspective on technology and content supply dynamics.

TypeBroad incumbent
Description

Global lottery and gaming systems supplier operating and servicing national lottery contracts across Europe and the Americas; comparable as an ecosystem participant and competitor in lottery technology procurement.

TypeRegional player
Description

Finland's national lottery and gaming operator; comparable in structure (state-owned, omnichannel, public-benefit funding) but serving a much larger Nordic market.

6Lietuvos Loto
TypeDirect peer
Description

Lithuania's national lottery operator; comparable Baltic peer offering scratchcards and draw games domestically, often with overlapping instant-game content providers.

TypeBroad incumbent
Description

European gaming group offering lottery technology and instant-game products to national operators; comparable to Scientific Games as a potential scratchcard content and systems vendor for national lotteries.

TypeBroad incumbent
Description

Pan-European lottery operator running national lotteries across multiple jurisdictions (formerly operator of the UK National Lottery); comparable lottery operator with similar government-concession model and omnichannel offerings.

TypeDirect peer
Description

Estonia's national lottery operator with a similar mandate and scale; directly comparable as a Baltic state lottery monopoly offering draw-based and instant games via retail and digital channels.

TypeBroad incumbent
Description

France's national lottery operator and one of Europe's largest; comparable in regulated national-lottery model, omnichannel distribution, and public-interest mandate, though at much larger scale.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Latvijas Loto

National Lottery Serviceslatloto.lv

Latvijas Loto is Latvia's state-owned national lottery operator, offering scratchcard games, draw lotteries, and online lottery products via the iLOTO digital channel to Latvian consumers.

What Latvijas Loto does

Latvijas Loto is Latvia's state-owned national lottery operator, headquartered in Riga and operating since 1993. The company delivers a portfolio of lottery products centered on scratchcard (instant-win) games and draw-based lotteries, distributed through an omnichannel model that combines a physical retail network across Latvia with a digital channel branded iLOTO. Functional segments are horizontal: the customer base is the general Latvian population purchasing lottery participation for entertainment and the implicit benefit of contributing to public projects.

The company's product and technology layer rests on a long-standing partnership with Scientific Games, which has supplied the core gaming systems infrastructure since 2002 and retail scratchcard game programming since 2017. In 2026 this relationship was renewed for a further five years following competitive procurement, with the stated objective of supporting continued omnichannel delivery and 'responsible growth' across physical and digital channels. Latvijas Loto does not disclose a proprietary technology stack beyond this integrated lottery platform, and the source material identifies no in-house AI, API, or mobile-app layer.

Commercially, Latvijas Loto is a government-controlled entity operating under Latvian regulatory authorization; revenues generated from lottery ticket and scratchcard sales are directed to Latvia's state budget and fund public projects in education and cultural heritage. Pricing is not publicly disclosed. The operating geography is single-country (Latvia), no headcount expansion trend or growth metric is published, and there is no public listing, ticker, funding round history, or M&A activity referenced. The 51-100 employee footprint is consistent with a mature, narrow-scope state operator rather than a scaling commercial enterprise.

Latvijas Loto firmographics

Firmographics
Name
Latvijas Loto
Legal name
Latvijas Loto
Website
https://latloto.lv
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
51–100 employees
Short description
Latvijas Loto is Latvia's state-owned national lottery operator, offering scratchcard games, draw lotteries, and online lottery products via the iLOTO digital channel to Latvian consumers.
Ownership category
akta.pro rank

Latvijas Loto industry classification

Industry
Product category
National Lottery Services
NAICS
Gambling Industries (7132)
SIC
Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry
Lottery Operators (Government & Private Licensed) (MPAEAFAA)
akta.pro secondary industries
Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD), Lottery Ticket & Instant Games (Scratch-Off) Publishing/Printing (MPAEAFAC), Lottery Retailer Networks & Distribution Services (MPAEAFAF)

Keywords

  • National lottery services
  • Instant scratchcard games
  • Online lottery gaming
  • Lottery retail distribution
  • State lottery operations

Where Latvijas Loto is headquartered

Location

Headquarters

HQ city
Riga
HQ country
Latvia
HQ region
Europe

Markets served

Latvijas Loto business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. National Lottery Operations: Latvijas Loto operates Latvia's national lottery, generating revenue through scratchcard games and other lottery products sold via physical retail and digital channels. The lottery is a state-owned enterprise whose revenues support Latvia's state budget and public projects in education and cultural heritage.

Go-to-market motion1 record

Distribution channels2 records

Latvijas Loto product offering

Product offering

Core offering

Latvijas Loto operates Latvia's national lottery, selling physical and digital scratchcard games and online lottery products through an omnichannel model spanning retail locations and digital channels (iLOTO). The company also maintains gaming systems infrastructure supporting lottery operations, with revenues flowing to the Latvian state budget and public projects in education and cultural heritage.

Product overview

Latvijas Loto is Latvia's national lottery operator offering a portfolio of lottery products centered on scratchcard games available through both physical retail and digital channels. The company operates gaming systems infrastructure and partners with Scientific Games for game programming and omnichannel delivery. Lottery revenues support Latvia's state budget and public projects in education and cultural heritage.

Differentiator

Problem solved

Functional benefit

Products and services

  • Scratchcard Games
  • Online Lottery (iLOTO)

Companies that use Latvijas Loto

Customer profile

Segments1 record

Ideal customer profiles1 record

Latvijas Loto technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Latvijas Loto partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Scientific GamescoreTechnology or Integration · 20 May 2026Scientific Games has been Latvijas Loto's gaming systems provider since 2002 and scratchcard game partner since 2017. A new five-year agreement (awarded through competitive procurement) extends the partnership to continue delivering scratchcard games and game programming across physical and digital omnichannel platforms. Scientific Games provides the technology infrastructure supporting Latvijas Loto's national lottery operations.

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Latvijas Loto competitors and assessment

Company assessment

Others

  • Scientific Games: Core technology and content partner supplying Latvijas Loto's gaming systems and scratchcard content; comparable as a participant in the lottery ecosystem with deep relationships across national lottery operators worldwide.
  • IGT (International Game Technology): Global lottery systems and instant-game content provider serving national lotteries globally; comparable as a vendor enabling similar operators, providing alternate perspective on technology and content supply dynamics.

Regional players

  • ONCE: Spanish lottery and social gaming operator with a public-purpose mandate; comparable structure (state-aligned, consumer-facing lottery products) but primarily Iberian market focus.
  • Veikkaus: Finland's national lottery and gaming operator; comparable in structure (state-owned, omnichannel, public-benefit funding) but serving a much larger Nordic market.

Broad incumbents

  • INTRALOT: Global lottery and gaming systems supplier operating and servicing national lottery contracts across Europe and the Americas; comparable as an ecosystem participant and competitor in lottery technology procurement.
  • Novomatic Lottery Solutions: European gaming group offering lottery technology and instant-game products to national operators; comparable to Scientific Games as a potential scratchcard content and systems vendor for national lotteries.
  • Allwyn (formerly Sazka Group / Camelot): Pan-European lottery operator running national lotteries across multiple jurisdictions (formerly operator of the UK National Lottery); comparable lottery operator with similar government-concession model and omnichannel offerings.
  • FDJ (La Française des Jeux): France's national lottery operator and one of Europe's largest; comparable in regulated national-lottery model, omnichannel distribution, and public-interest mandate, though at much larger scale.

Direct peers

  • Lietuvos Loto: Lithuania's national lottery operator; comparable Baltic peer offering scratchcards and draw games domestically, often with overlapping instant-game content providers.
  • Eesti Loto: Estonia's national lottery operator with a similar mandate and scale; directly comparable as a Baltic state lottery monopoly offering draw-based and instant games via retail and digital channels.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Latvijas Loto social profiles

Digital presence

Latvijas Loto financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Latvijas Loto leadership team

Management profile

Number of profiles

Latvijas Loto funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Latvijas Loto M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latvijas Loto

What does Latvijas Loto do?

Latvijas Loto operates Latvia's national lottery, selling physical and digital scratchcard games and online lottery products through an omnichannel model spanning retail locations and digital channels (iLOTO). The company also maintains gaming systems infrastructure supporting lottery operations, with revenues flowing to the Latvian state budget and public projects in education and cultural heritage.

Is Latvijas Loto a public or private company?

Latvijas Loto is a private company. It is classified as state government owned and is currently operating.

When was Latvijas Loto founded?

Latvijas Loto was founded in 1993. It employs 51 to 100 people.

Where is Latvijas Loto based?

Latvijas Loto is headquartered in Riga, Latvia, in the Europe region.

How does Latvijas Loto make money?

One revenue line is on record: national Lottery Operations.

Who are Latvijas Loto's main competitors?

Others on record are Scientific Games and IGT (International Game Technology). Regional players are ONCE and Veikkaus. Broad incumbents are INTRALOT, Novomatic Lottery Solutions, Allwyn (formerly Sazka Group / Camelot) and FDJ (La Française des Jeux). Direct peers are Lietuvos Loto and Eesti Loto.

Does Latvijas Loto have an API?

No public API is recorded for Latvijas Loto.

What industry is Latvijas Loto in?

Latvijas Loto's product category is National Lottery Services. Its primary akta.pro industry code is MPAEAFAA, Lottery Operators (Government & Private Licensed), with a secondary code of MPAEAFAD, Digital Lottery & iLottery Platforms (Web/App). Its NAICS code is 7132 and its SIC code is 7990.

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