ESTONIA SETS UP RULES FOR WEB GAMBLING.

The article reports on the regulations passed by the parliament to govern the operations of online casinos in Estonia. The Estonia Gambling Act is set to commence in January 2010, in which it recognizes the licenses of Internet gaming operators based in other European Union countries, but it requires several options to allow legal operation in the country. The regulation also requires companies to show themselves to be properly incorporated, well capitalized and must submit to background checks.