The list of entertainment that is in demand on the Internet includes video slots, table games, video poker, sports betting, and other entertainment option. They can be found in casino sites that provide access to many different options. It is better to give preference to portals with a license issued by reputable authorities, such as those of Malta. The historical way of life and culture of this country are described at https://en.wikipedia.org/wiki/Malta.
Casinos and betting shops with a Maltese license are easy to open, have a pleasant interface, and offer customers a lot of options. The country’s economy has seen a significant boost since it became a trustworthy jurisdiction. The legislation for the gambling industry is detailed and offers lucrative terms to licensees.
Malta’s gambling market is made up of companies offering services far beyond its borders. Starting up in the gambling industry here is a guaranteed way to take off, as hiring professionals automatically takes the business to the next level.
What Gambling Licenses Can Be Obtained
The document giving the right to officially provide gambling services from the territory of Malta is called a license. It applies to companies that wish to make money by providing slot machines, table games, live casinos, sports betting, and games with a user-controlled chance of winning.
This island country issues four types of licenses:
- 1 – for casinos with entertainment consisting of chance games;
- 2 – for companies that offer clients to bet on some categories of events;
- 3 – for organizers of pari-mutuel betting, bingo clubs, and poker rooms;
- 4 – for suppliers of gambling software, hosting, and software for the gambling industry.
There is much less to pay for a license in the Maltese jurisdiction than in other countries. If we talk about income tax, it is low and charged on a flexible scale.
Why Gambling Operators Choose Malta
More than two hundred gambling brands have started their activities in Malta. Getting a license here is no less advantageous than having a Curacao document. You can see the reliability of Curacao jurisdiction by taking advantage of Dendera Casino instant play from your smartphone or computer. However, this review is specifically dedicated to the Maltese market. So it’s time to analyze the factors that predispose to register the activity in Malta.
|Minimal commissions and taxes||When obtaining a license in Malta, the casino founder can take advantage of the lowest rate among European countries. The structured corporate tax, as well as the tax on income, is only 5%. This is not the only advantage, as there is a preferential program for gambling operators.|
|Dynamic and exciting market||In Malta, you can prepare the documents for opening an online casino, as well as take part in thematic exhibitions, seminars, and fairs, which take place with enviable regularity. The sphere of gambling in the state is constantly developing and improving.|
|Membership in the European Union||Malta is considered to be a reliable jurisdiction for a reason. It was the first of the countries that are members of the European Union to organize the remote gambling industry and introduced a lot of rules for the interaction of gambling operators with customers and the government. Years of experience have enabled the country to overcome a lot of controversial points and create the perfect legislation in the field of gambling. In addition, the Maltese license allows for cross-border transfers, as the country is a member of the EU.|
|Affordable and flexible licensing||If you compare the license fees in Malta with the requirements of other countries, it is easy to see that they are low. A fixed fee of 25,000 euros is paid to obtain a license in the country. If we are talking about licensees of the fourth group, they need to pay only 10,000 euros.|
|Qualified Specialist Teams||Malta has organized not only legislation but also the domain of operators, developers, and customer service professionals in gambling. The country has companies that have brought together the best experts, so many professionals from other countries dream to join their ranks. The hiring market in Maltese companies relating to the gambling industry is now in an excellent position.|
It is difficult to imagine an overview of the Maltese gambling market without mentioning the leading companies that started their activities on the island:
- Betsson provides many gambling services and works with two dozen brands in the industry;
- Kindred is a gambling operator that operates 10 brands;
- Tipico is a provider that has partnered with Hamburger SV. It issues franchises to open casinos and betting companies;
- Evolution offers a wide variety of table options for live casinos;
- Mr. Green is a gambling operator, its specialists have created Green Gaming (a tool for safe and fair gaming);
- Casumo is a company that has an agreement with Reading F.C. The range of its services includes betting shops, games for smartphones, and casino portals.
The Maltese domestic gambling market is a committed, active, and dynamic community. Here, professionals involved in the gambling industry share and exchange experiences at conferences, seminars, and entertainment events. Its operations would not be possible without the prudent management of gambling, which is the responsibility of the Malta Gambling Authority. You can go to https://www.mga.org.mt/ if you want to know more information about the legislation, news, and licensing rules.