Croatia Ready for Online Gambling

Croatia is an old world country on the edge of big changes. Over fifteen years ago there was war in that country before that there was communism, now there is the European Union coming and the country true to it's nature has adapted to change and is making some economic headway.

Gambling in Croatia has always been a popular activity and with the newest forms of online technology available in the country online wagering is coming on strong. The market in Eastern Europe is one that online operators are watching with great interest. Combined income from gambling on the internet in this area will reach at least five hundred million euros. If Croatia follows the U.K. and regulates online gambling and provides licences for operators to set up shop on Croatian soil they could build an economy based on the gambling revenues. The gambling industry makes billions of dollars every year world wide. According to research, the gambling industry in Croatia in combination with the rest of the Eastern European countries could be worth an estimated 4.5 billion euros.

According to current laws in the now independent country it is legal to gamble both online or on the ground. Very strict regulations concerning how the gambling industry is controlled do exist, and the official methods for licensing are arduous and difficult to obtain with all gambling in Croatia being monitored by the state organization Hrvatska Lutrija. Casinos are the only legal place to play card games and games of chance for money. Back in 2002 a few attempts were made to establish online gambling on Croatia but because of technical and business difficulties the ventures failed. It is perhaps a more opportune time now to start such an operation with huge growth in popularity and online advancements since that time.