Gambling Webhosting and Licensing

Tuesday, 22 September 2015

Online gambling - jurisdictions - Estonia

Estonia gambling licenses

Estonia, a country in Northern Europe which faces the Baltic Sea and Gulf of Finland. Including more than 1,500 islands, its diverse terrain consists of rocky beaches, old-growth forest and many lakes. Formerly part of the Soviet Union, it's dotted with castles, churches and hilltop fortresses. The capital, Tallinn, is known for its preserved Old Town, museums and the 314m-high Tallinn TV Tower’s observation deck.

Corporate tax: 20%
Gambling tax: 5%

Who manages E-Gambling in Estonia?
The Estonian Tax and Customs Board


Overview:
Online gambling has been legalized in Estonia since 2010 for local operators, and since 2011 for foreign ones. Even before that, the state-run sportsbook, called Spordiennustus, offered the first online gambling facilities in Estonia in 2004.

Though when it comes to casino-style online gambling in Estonia, players must turn to sites hosted in other countries. There are a few international offshore internet gambling sites that offer services in Estonian. Most people looking for Estonian online gambling must turn to sites in English, German, or other major languages.

Olympic Entertainment Group was the first land-based operator issued an online gaming license. Olympic opted for Playtech as its partner and offered more than 150 casino games including online poker.

Minimum Share Capital for an iGaming Company:
€1 million

Licence Fee:
A state fee shall be paid for the review of an application for activity licence:
EUR 47, 934 for the organisation of a game of chance;
EUR 31,956 for the organisation of a game of skill;
EUR 3,196. for the organisation of a totalizator.

Licence Length:
5 years

Software Testing Requirements:
The server where the software is stored must contain the data of registration, identification and verification of the players age.

Reporting Requirements to Regulators:
Must consider the connection of its recordkeeping to the system of the Tax and Custom Board.

Anti-Money Laundering Policy:
All operators must comply with AML legislation in force.

Country Restrictions:
Players must be over 21 years of age

Contact Details:
Address:
Ministry of Finance of Estonia
Suur-Ameerika 1
Tallinn
Estonia 15006

Website: www.fin.ee/hasartmang
Email: info@fin.ee
Fax: +372 696 6810
General Information: +372 611 3558

Online casinos licensed in Estonia:
OlyBet
PokerStars.ee
TonyBet

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