The 2016 Kaspersky Riga Masters was a professional ranking snooker tournament that took place between 22–24 June 2016 at the Arena Riga in Riga, Latvia.

[2] This was the first time for which the event was a ranking tournament, having previously been a minor-ranking event of the Players Tour Championship.

Neil Robertson won the 12th ranking title of his career, defeating Michael Holt 5–2 in the final, from trailing 1–2.

[4] The breakdown of prize money for this year is shown below:[5]

The "rolling 147 prize" for a maximum break stood at £25,000.