Latvia's newest licensed casino — fast local bank payouts, big headline offer, short track record
Visit Aladins →Aladins welcome bonus in Latvia
Here is the current Aladins welcome offer for players in Latvia, where Aladins is licensed to operate. Bonus terms change and are set by Aladins for each market — always confirm the live offer on its own site. See every licensed betting site in Latvia →
Pros
- Genuine Latvian licence TI-23 held by SIA GMF, a registered Riga company — local regulation and local recourse
- Every major Latvian bank supported, plus Revolut and Paysera
- Withdrawals processed within a day, with no commission on deposits or withdrawals
- Non-sticky bonus: winnings stay separate from bonus funds
- Spins are risk-free (losses refunded), which is better than plain free spins
- Strong supplier list: Pragmatic Play, Evolution, NetEnt, Play'n GO, Nolimit City
Cons
- Roughly six months old — no track record on disputes, verification or large withdrawals
- The EUR 2,000 headline is the package ceiling, not a first-deposit match
- Catalogue of around 1,200-1,400 games is smaller than established Latvian rivals
- No dedicated mobile app
- Live chat in Latvian only, with unpublished support hours
- Latvia only, and no sportsbook
Our verdict
Aladins is the newest licensed casino in Latvia, and both halves of that sentence matter. The licensing is genuine and checkable: licence TI-23 is held by SIA GMF, a Latvian company registered at Gertrudes iela in Riga, which means local regulation and somewhere real to complain. What it buys you is a good supplier list — Pragmatic Play, Evolution, NetEnt, Play'n GO, Nolimit City — and unusually good banking: every major Latvian bank, a EUR 5 minimum deposit, no commission on deposits or withdrawals, and payouts processed within a day. The welcome package deserves a clear reading rather than the headline. EUR 2,000 is the ceiling of the whole package, not a first-deposit match, and the 100 spins are risk-free spins, meaning losses are refunded, not plain free spins. The bonus is also non-sticky, so your winnings stay separate from bonus funds, which is a genuinely player-friendly structure. The reservation is age. The licence was issued on 30 January 2026, so this is a roughly six-month-old operation with no record yet of how it behaves when a player wins big or a dispute goes wrong, and that is exactly what a licence cannot tell you. One factual note worth having: the licence was issued by IAUI, the gambling inspectorate that ceased to exist on 1 April 2026 when supervision moved to the State Revenue Service. The licence stands; the regulator's name on older references does not.
How we rated it
Payments & payouts (20%)8
The strongest part. Every major Latvian bank is supported — Swedbank, SEB, Citadele, Luminor — plus Visa, Mastercard, Revolut and Paysera, with a EUR 5 minimum deposit, EUR 10 minimum withdrawal, no commission either way and withdrawals processed within a day.
Games & providers (30%)7.5
Around 1,200 to 1,400 titles from a strong supplier list — Pragmatic Play, Evolution, NetEnt, Play'n GO, Red Tiger, Big Time Gaming, Nolimit City, ELK, Amusnet and Greentube. Good quality for a new site, though the catalogue is smaller than the established Latvian operators.
Bonuses & value (15%)7.5
The structure is better than the headline suggests it might be: the bonus is non-sticky, so winnings stay separate from bonus funds, and the 100 spins are risk-free rather than plain free spins. The EUR 2,000 figure is the ceiling of the whole package, not a first-deposit match, so read it as a maximum rather than a promise.
Trust & licensing (20%)7
Properly licensed in Latvia under TI-23, held by SIA GMF, a registered Latvian company with a Riga address — real local accountability. Held back because the licence dates from January 2026: there is barely six months of operating history, and no track record yet on how it handles disputes or large withdrawals.
Mobile & apps (10%)6.5
Browser-based play on mobile. We found no dedicated iOS or Android app.
Support (5%)6.5
Email and live chat, with chat offered in Latvian. Fine if you speak the language; thin otherwise, and support hours are not published.
Quick facts
| Operator | SIA GMF, reg. 40203389892, Riga |
| Licence | Latvian interactive gambling licence TI-23, issued 30 January 2026, indefinite term |
| Regulator | State Revenue Service (VID) — took over from IAUI on 1 April 2026 |
| Games | Approximately 1,200-1,400 titles |
| Market | Latvia only |
| Welcome offer | Up to EUR 2,000 + 100 risk-free spins, code WELCOME, minimum deposit EUR 20 |
How we verified this
Operator identity (SIA GMF, registration 40203389892) and licence number are taken from Latvian licensed-casino listings that cite the register, not from the operator's marketing. The regulator change is sourced to trade press on the Finance Ministry reform. The headline EUR 2,000 figure is reported as the maximum across the welcome package, not as a first-deposit match, and is presented that way.
Where Aladins is licensed
Aladins appears on the official register in 1 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (1)
About Aladins
Aladins is an online casino operated by SIA GMF, a Latvian company registered under number 40203389892 at Gertrudes iela 12-7 in Riga. It holds Latvian interactive gambling licence TI-23, issued on 30 January 2026 for an indefinite term, which makes it the most recent addition to the country's licensed market. Because it launched in 2026, it arrived either side of a regulatory change: the licence was granted by the Lotteries and Gambling Supervisory Inspection (IAUI), which was folded into the State Revenue Service (VID) on 1 April 2026. Supervision now sits with the tax authority.
Aladins FAQ
Is Aladins licensed in Latvia?
Yes. It operates under Latvian interactive gambling licence TI-23, held by SIA GMF, registration number 40203389892, at Gertrudes iela 12-7 in Riga. The licence was issued on 30 January 2026 for an indefinite term. Note that supervision passed from the IAUI inspectorate to the State Revenue Service on 1 April 2026, so references naming IAUI are simply older than that change.
What exactly is the Aladins welcome bonus?
Using code WELCOME, new players get a package worth up to EUR 2,000 plus 100 risk-free spins, with a EUR 20 minimum deposit. Two things worth understanding: EUR 2,000 is the maximum across the package rather than a match on your first deposit, and the spins are risk-free — losses are refunded — rather than ordinary free spins. The bonus is non-sticky, so any winnings are kept separate from the bonus funds.
How fast are withdrawals at Aladins?
Withdrawals are processed within one day, with a EUR 10 minimum and no commission charged. Payments run through Latvian banks including Swedbank, SEB, Citadele and Luminor, as well as Visa, Mastercard, Revolut and Paysera.
Is Aladins safe given how new it is?
It is properly licensed and operated by a registered Latvian company, which is real protection. But it launched in 2026 and has only a few months of trading history, so there is no public record yet of how it handles disputes, verification checks or large payouts. A licence tells you it is regulated; it does not tell you how the operator behaves under pressure.
Can I play at Aladins from outside Latvia?
No. The licence is Latvian and the site serves the Latvian market, with payments built around Latvian banks.