Gambling is a wonderful, fun-filled, exciting past time and with current advanced in technology people can enjoy it from any corner of the world where internet it available. Unfortunately, some governments aren’t big fans of giving nationals this liberty.
As governments wake up to the benefits of online gambling or gambling in general, however, we can see changes in policy all over the globe. One nation in which such a change can be observed is Estonia.
Estonian gambling law recently went through some changes. Luckily for residents, these changes were in favor of allowing online gambling. However, in an effort to make this practice more safe and reliable on behalf of Estonian gamblers, the government needs the power to license and regulate companies.
This is what they claim, anyway. Such legislation in towards internet gambling in Estonia could also be a subtle tool for a government in need of revenue fast to maximize its profits. This likely has something to do with the issues.
Very recently the law has gone out, resembling a witch-hunt, to go after all online casinos in Estonia which are operating without a license. Companies usually have to spend a fortune to receive a license anywhere in the world.
Chances are that the Estonian government isn’t going to have much luck on this latest expedition. Due to the fact that the foreign gambling sites operating within Estonia are based in countries where online gambling is legal, the government has no real jurisdiction over them. The government will have to be satisfied with what it has (thousands to millions of Euros in tax revenue) for the time being.