Casinos accepting players from Estonia
Estonia, officially the Republic of Estonia, is a small country in the Baltic region of Northern Europe. Despite its modest population of just 1.3 million, this country has earned a nickname “E-stonia” for being so innovative and having the world’s most digitized government, among the other successes. Moreover, this next Silicon Valley candidate is a place where Skype and Kazaa got its brains from.
Online gambling in Estonia has become legal just some time ago in 2010, when the government loosened up the system just a bit to let alternative sources of income revive the economy after the financial crisis hit in 2008. However, to operate legally on this land the operator must conform to the Gambling Act and Gambling Tax Act. The Act states that both EU and non-EU residents and companies must have two licenses, despite the principles of free competition that are heavily promoted by the European Commission.
The first license is the activity license that is granted for an unspecific term and can’t be transferred. The second license is the operating permit that is also dealt with by the Estonian Tax and Customs Board. Notice, that lotteries can only be organized for the purpose of charity only. For more information, visit www.emta.ee.