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The iGaming Market in the Baltic Region in 2023

The iGaming Market in the Baltic Region in 2023

23/05/2024
Online gambling is taking over the Baltic states. Many operators have already established their presence in the local market. And this trend does not seem to decline soon.

iGaming Legislation in the Baltics

iGaming legislation in the Baltics: nuances

When it comes to online gambling, certain risks are always involved. The national governments are responsible for creating a safe environment for operators and punters.

Latvia has extensive experience in customer protection. The state authorities forced gaming companies to remove bonuses with mandatory wagering. This is how the risk-free spins became a real thing. Players who used to deal with extremely high requirements in certain casino promotions, now have less stress.

After separating from the Soviet Union, Estonia also decided to keep the gambling sector under control. Estonia cannot offer operators tax incentives similar to those offered by Curaçao, Malta, or Cyprus. Nevertheless, Estonia has the potential to get closer to industry pioneers such as Finland, Sweden, and the UK.

The regulations were implemented in two steps:

  • In 1995, the first legislative document authorised land-based gaming facilities in the country.
  • In 2009, the government made proper adjustments to the existing law as the popularity of virtual activities started to rise.

Promoting Online Gambling Facilities

Today, 18+ users can proceed with gaming activities without worrying about their security. While casinos happen to be legal in Estonia, they still cannot be promoted through advertisements. They are not allowed to place banners on the streets and on the Internet.

This law is occasionally breached by new gaming companies that desperately look for publicity. More experienced market players get more creative about it, without breaking the legal norms. For example, they use third-party sites to place small ads which are waiting for the user’s click.

The Best Online Casinos in Estonia

Players need a reliable platform to place bets and enjoy their favourite games. They cannot jump into the very first gambling site suggested by the search engine. Fortunately, Estonian users can find the best options at Eestikasiinod.info.

The listing relies on the following standards:

  • safety and licensing;
  • gaming software and providers;
  • bonuses and promotions;
  • online banking options;
  • customer support;
  • mobile compatibility;
  • reputation and user reviews.

Players may spend time checking out the available offerings. They make the final choice based on their gaming preferences. Then, users register an account and start gameplay.

The Baltic countries give full support to operators. The states keep the whole industry under control through strict regulations. Punters need to select a proven casino site to enjoy seamless gameplay. In their choice, they can rely on professionals.

Gaminator can help you open a successful gambling project in a promising country. Contact us for further arrangements. Let us empower your gambling project with high-quality content and management systems.

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Artur Zimnij
Author
Artur Zimnij
Gambling business specialist
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