Malta Casinos for UK Players

The regulatory agency in charge of overseeing all land-based and internet gambling in Malta is called the Malta Gaming Authority (MGA). The MGA has the responsibility to promote gaming in a secure environment, ensure the integrity of games and equipment, grant licences to providers, and establish a regulated environment where gaming activities, whether remote or otherwise, can take place. The MGA is Malta's "one-stop-shop" for licencing. To learn more about the licensing body and its best casinos, go to Casinonongamstop/malta-casinos/.

Background as a Licencing Agent

Malta welcomed online gambling with open arms as it began to gain popularity at the turn of the century. In reality, remote gaming uses almost 50% of Malta's international bandwidth, as noted by KPMG in its 2013 study on the topic of remote gaming: "Malta is at the forefront of the remote gaming business and home to some of the largest and most successful online gaming enterprises." When compared to the EU average of 0.68%, Malta's gross gaming income in 2008 was eleven times higher at slightly over 7.8% of GDP.

Malta has made a lot of effort to draw in online gambling businesses. Although the official income tax rate is a flat 35%, shareholders who get dividends from trading businesses can obtain a refund of 85% of the tax, thus lowering it to 5%. Malta is a popular choice among foreign operators because of its membership in the Eurozone, which means that its operators are less subject to the whims of the global financial markets than in other low-tax nations.

The Remote Gaming Regulations, updated in 2004, gave the island nation's gaming legislation a new look. Since the new licences do not differentiate between the games played or the types of technology utilised, a corporation may use the same licence for both online and mobile gaming, this was a step that gaming operators particularly appreciated. As a result, the quantity of paperwork required to get authorization for various forms of gambling has been greatly reduced. The new rules were important for giving players themselves greater assistance and safety, especially by legally segregating client money from operator funds and requiring monies in inactive accounts to be returned to the user.

Reliability

By enacting the Lotteries and Other Games Act, Malta became the first nation to regulate internet gambling. Malta was able to establish its position at the head of the sector, where it is now, by being first to arrive. When the sector was mainly uncontrolled, the current statutory framework was put in place, creating a formal norm that others may follow.

Malta's gaming laws are well regarded for being stringent and well-organized, and the MGA takes great pleasure in upholding the highest standards of transparency, fairness, and honesty. The gaming authority works to prevent crime and corruption while safeguarding young people and other vulnerable players from the hazards of gambling.

Popularity

The online gambling industry is the most well-liked in Malta. While the nation may not hold major sporting events, it is the location of one of the most renowned events for the online gambling business, the Summit of iGaming, Malta, according to KPMG. "Malta hosts around 10% of the world's online gaming operators," the accounting firm observed (SiGMA). Ladbrokes, LeoVegas, and ComeOn! are just a few of the hundreds of exhibitors showcasing the newest games and technologies at this international convention of the iGaming elite. with a tonne more.

In March 2015, the friendly coastal town of St. Julian's played home to the nation's first-ever European Poker Tournament, which was sponsored by Visit Malta, the Malta Tourism Authority, and Hilton Hotels. With more than forty events, it was the largest EPT festival ever hosted and highlighted Malta's significant role in the gaming industry.