The era of traditional offline casinos in Europe is coming to an end. This type of gambling is no longer in trend and there are many reasons for that. The iGaming has replaced the traditional casinos, which has only recently started the way of scaling and development all over the world. Estonia is considered to be one of the leaders of online casinos in Europe and has major development prospects for the future.
Reasons why Estonia is taking over the online casino market
It may seem strange to someone that Estonia is considered to be the most promising in this area. This is not surprising, as it has surpassed France, Monaco, Spain, and several other countries. You should remember that Estonia was one of the first countries in the world to start the digitalization of official documents.
Since gaining independence, Northern European countries have legally legalized gambling on their territory. This is confirmed by two laws. The first legislation act dates back to 1994 and implies the legalization of casinos and offline gambling. The second law was signed by the Estonian authorities in 2009, which refers to the authorization of gambling on the Internet.
A casino is considered legal if it has the appropriate permits and licenses. There are about 30 such casinos in the Baltic country today. You can read more about one of the most reliable online casinos in Estonia at this link eestikasiinod.info.
Low taxation rate
Tax benefits are one of the causes why iGaming in Estonia is such a popular activity. The tax on online gambling is only 6% in 2024 and it will be raised to 7% by 2026. The small increase in the tax rate is due to the growth in gambling profits over the past year. However, this is a very low percentage rate compared to other European countries.
Many popular online casino operators aim to expand their activities in Estonia. They are attracted by the tax environment of this country.
Great selection of games
The iGaming is not inferior to traditional gambling and casinos, and even on the contrary, it offers users more. The online platforms have all kinds of games that players can enjoy. At Estonian online casinos, you can try your luck on both regular casino games and sports. Some of the popular games that the country's residents bet on are soccer, basketball, tennis, hockey, volleyball, and even cybersports. Blackjack, roulette, poker, sit-bo, and baccarat are streamed online by the gaming studios. This allows players to see that all games are being played fairly and transparently.
Estonians' involvement in gambling
According to the latest statistics, the majority of the Estonian population has ever participated in paid gambling, and more than 35% do it regularly. Today, the number of people who play in offline casinos is higher than those who play online. However, the percentage of people who play online will increase significantly in 2-3 years. The iGaming in Estonia is just starting its major development pathway.
Cryptocurrencies implementation
Cryptocurrencies have made a real boom in all areas of our usual life, including the casino industry. Popular casinos and bookmakers have already started the process of introducing cryptocurrencies into the gaming system. What it means? Players will no longer have to deposit their bank cards. Deposit and withdrawal of funds with the cryptocurrency implementation is much easier and more favorable. There are no commissions in many cases.
The integration of cryptocurrencies into iGaming means more than just a new way of accepting payments and withdrawals for users. This is direct evidence that the iGaming industry in Estonia is ready for major changes in the ecosystem to provide players with a better gaming experience than ever.
Integration of chatbots with AI
Artificial intelligence (AI) is already used almost everywhere. The iGaming field in Estonia is no exception. Online casinos integrate chatbots with artificial intelligence to improve user service and automate the process. Now, customers don't have to wait for the operator to answer because the «smart assistant» will instantly answer for them and help them solve any question.
What will be the future of iGaming in Estonia?
The Estonian iGaming is predicted to have a very promising future. The gambling market in the Baltic countries will get hundreds of thousands of new players who appreciate high service and convenience. The iGaming in Estonia is profitable for both operators and users.
Experts note that with all those resources, terms, and opportunities, Estonia will become synonymous with the word online casino soon. Here, you can forget about all the nuances and bureaucracy and enjoy a great time and your favorite game.
