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Estonia embraced online gambling
The Baltic nation of Estonia, long respected for its computer technology capabilities, will soon be open for business in an online gambling operational sense as well following final approval of a new regulatory regime due to start licensing suitable operators early in 2010.
Unlike some of its neighbouring nations, Estonia has embraced online gambling in a regulatory framework that welcomes rather than excludes foreign operators, but there are strict conditions attached.
Operators licensed in other European Union member nations will find ready acceptance, provided that they increase their licensing costs by obtaining an Estonian license, too. Alternatively, foreign operators can form partnerships with Estonian licensed national gambling entities.
In framing the legislation, Estonian lawmakers were determined to have a meaningful regulatory system, and licensing requirements therefore include:
* Background and probity checks on the company and its senior management.
* The implementation of precautions against underage and/or problem gambling.
* Servers and other equipment within Estonian national boundaries to enable inspection as required.
* Acceptable financial systems compliant with international requirements to guard against fraud or money laundering.
Estonian officials have warned that unlicensed Internet gambling activity with Estonian nationals will be regarded as illegal, and have hinted that financial measures and ISP blocking will be deployed against illegal operators.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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