Online Casinos Coming to Estonia
The Estonian government is making good on plans to expand the state internet
gambling industry through the licensing of yet one more company for operation in
Estonia. This is the third gambling license granted by the Estonian Tax and
Customs Board and is actually a double whammy. Triogames has received two
operating licenses so that the gambling group can operate both an online casino
for the Estonian market as well as internet lottery games. Estonia is one of the
newest European Union countries to pass new internet gambling regulations and
yet the country is very rapidly developing the new regulations and handing out
applicable gambling licenses to various gambling groups.
The development is really positive and Estonians are already able to legally
gamble at the state licensed online casinos. The huge drawback though is the
fact that the Estonian government made a bold and anti-EU rule by mandating that
all licensed gambling companies operate out of Estonia. Previously Estonia was
keen on keeping all of the online casino bases outside of the country but the
tax revenue and control were too appealing and the current Estonian laws block
the licensing of foreign gambling sites.
Estonians have long looked outside of their country for online casinos in
particular because only a handful of internet services were provided by the
state monopoly, Spordiennustus. Although Estonians could play lottery and bingo,
skill gaming and chance gaming were both not legally offered by Estonian
gambling groups. This is changing now though and foreign gambling groups will
likely fight back against the laws. |