Online Gamblig Legalized In Estonia | IXGAMES
Many of the European Union (EU) countries struggle to meet the online gambling standards that are set within trade agreements, little-known country, Estonia, is leading the way. Estonia has recently legalized online gambling. The legalisation will also boost public finances through a specific taxation imposed on gaming operators, the Estonian Free Press reports. This year Estonians will be able to play nation-based gaming platforms such as the one set up by Olympic Casino group. Full international access to the Estonian gaming market will come into force in 2011. 
(The change is being made in two steps. First, effective immediately, players can begin using locally-hosted and licensed online gambling sites in Estonia. The next stage, which sees the opening of Estonia’s internet gambling industry to foreign operators, will not come into effect until 2011. This will give the regulatory bodies time to sort out licensing with foreign operators that are willing and able to comply with Estonia’s regulatory requirements. These requirements are still being drafted, but the country has made it clear that they will be precise, with rules designed to prevent corruption and money laundering.) The decision to open up Estonia’s internet gambling industry comes in on the heels of the very successful Baltic Poker Festival.