In the autumn of 2000, the Maltese government passed legislation allowing the establishment of online gambling centers in the country, and this legislation, together with the provisions of the Income Tax Act drafted specifically for international companies, made Malta a attractive place for casino and sports betting operations. .
A large number of companies from around the world expressed interest in Malta, including Stanley Leisure, William Hill, Ladbrokes, Paddy Power, Unibet, GC Sports, International Allsports and Eurofootball.
Malta became the first EU member state to regulate Internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Gaming Act 2001. Malta subsequently attracted more than 250 remote gaming companies and issued more than 350 licenses. These companies employ around 5,200 people in Malta and serve around 10% of the global Internet gaming market. They generated tax revenue for the government of € 26.9 million in 2008 and € 52.5 million in 2009.
The electronic gaming industry in Malta is regulated by the Lotteries and Gaming Authority, which was established in 2002 and is responsible for the governance of all gaming activities in Malta, including casino games, commercial bingo games, commercial communication games, remote games, sports betting, the National Lottery and non-profit games. According to its mission statement, the role of the Authority is to ensure that “the game is fair and transparent for players, preventing crime, corruption and money laundering and protecting minor and vulnerable players.”
In 2002, the Malta Gaming and Lottery Authority drew up the legislative framework for a new licensing regime covering online casinos, sports betting, betting exchanges and lotteries, which came into effect in early 2003 Said the Authority: ‘This framework ทางเข้า UFABET มือถือ aims to provide regulation that is strong and serious, but not unnecessarily bureaucratic, ensuring vigorous protection for users of online games and tailored to Malta’s financial services sector, established since long-standing and reputable ”.
There are four classes of licenses available to operators in Malta, as follows:
Class 1: for operators who manage their own risk in repetitive games. This class covers casino-type games.
Class 2: for operators managing their own risk in matchbox based events. In this class, traders can offer fixed odds bets.
Class 3: for operators who receive a commission for promoting and / or betting games. This class includes peer-to-peer games, poker networks, gambling exchanges, and online lotteries.
Class 4 – To host and manage remote gaming operators, excluding the licensee himself. This is intended for software vendors who want to provide management and hosting facilities on their gaming rig.