Loving Itself
The Estonian officials have created quite the bit of an uproar in the online
casino gambling industry with the announcement that the small European nation is
created a complete domestic gambling market – a stark change to the previous
internet gambling legislation that didn’t want any of the operators to locate
within the country. The new Gambling Act though is designed to funnel more money
into the Estonian government by strictly controlling which companies are able to
access Estonian gamblers. The changes are not likely to sit well with the
European Commission that overseas the compliance of EU member-states with EU
policies. The EU and the Commission in particular have taken a hard-line stance
against nations that employ protectionist online casino gambling policies as a
way to monopolize state markets and block foreign companies from fairly
accessing their gambling markets.
This new Gambling Act in the state would fully require that interested online
casinos run their servers out of Estonia. For major gambling groups located
elsewhere in Europe, this is an inexpensive requirement that acts as a
deal-breaker of sorts for being able to effectively enter the Estonian gambling
market. Beyond all of this though, limiting the Estonian market to domestic
markets is just ridiculous if you look at the new Gambling Act in the light of
European Union rules and compliance. Estonia is a country that can and has
really benefited from an alliance with the EU and yet the government officials
seem willing and ready to put that relationship on rocky ground for the sake of
funneling a bit extra of gambling funds into the company.
At this point, all of the Estonian legislation is in the works but not yet fully
implemented. In the coming weeks and months the Estonian government will have to
contend with negotiations and requests from the European Commission seeking an
open and fair EU online casino gambling market – there’s no word yet if the
Estonian government will consider abandoning the Gambling Act in favor of
regulated and inclusive regulations. |