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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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