Online gambling operators cater for people from all over the world and they constantly expand their presence, at the expense of brick-and-mortar operators. Many of them choose to have the headquarters in Malta or at least they have applied for a license issued by the Malta Gaming Authority. This is one of the best-known and most respected regulatory bodies, so those who are licensed by the MGA project an image of trustworthiness. Even UK players who usually prefer casinos running on a license issued by the United Kingdom Gambling Commission feel confident playing at online casinos licensed in Malta.
Maltese gambling legislation is predictable and reliableOnline casinos, bookmakers and poker rooms are willing to invest large amounts in their businesses, to provide punters with the ultimate gambling environment. In order to justify these investments, they need a predictable legislation, which doesn’t change every year. The Malta Gaming Authority delivers precisely that, with a secure gambling environment for online casinos who want to operate legally. Given the reputation of this regulatory body, punters from many European countries prefer casinos licensed here.
The licensing system isn’t overly complicated, so those who are ready to join this competitive industry can do so in just a few steps. You can find the best casino sites online to make sure they’re fully licensed. At the same time, license holders are compelled to abide by high security standards and protect their customers. When players feel mistreated, they have a recourse and enjoy the peace of mind of knowing that their rights are defended. Malta was the first nation in the EU to regulate iGaming, so it has 15 years of experience and it continues to pass new laws to improve the industry.
Not only the Maltese authorities, but even the educational system in this country operates in a manner that helps the gambling industry. One of the reasons for why Malta is the iGaming Mecca of the world is that it produces highly trained specialists every year. Universities do a decent job at addressing the shortage of lawyers, accountants and developers, among other experts needed by the gaming industry. At the time of writing, outsourcing remains the only solution to cope with these shortages, but progress is slowly made.
Gambling taxes are reasonable in MaltaOne of the main reasons for why countries have moved towards legalizing online gambling is that the activity generates a lot of money to state coffers. The industry is taxed heavily and in many cases companies barely make profit, which forces them to relocate. The gambling taxes in Malta are low, compared to other jurisdictions, and the costs of acquiring gaming licenses are also reasonable.
The mix of low taxes and a respectable regulatory system has made Malta the preferred destination for online casinos. As the iGaming industry continues to grow, this country offers the best package, so it continues to attract small and large operators alike. It also helps that the tiny island in the Mediterranean Sea is blessed with sunny weather throughout the year, when gambling experts consider relocation.