Maltese Casinos

Gambling Legislation

In this country, both online and land-based casinos operate under the fully legalized valid license. The license is offered by Public Lotto Ordinance. The authority is strict in ensuring that the regulations are updated and fully enacted. Under the current licensing legislation, operators can apply for the following licenses:

• Class one: it covers online lotteries, skill games, and casino-type games
• Class two: it covers pool gambling, fixed odds gambling and spread gambling
• Class three: it covers gambling exchanges and peer-to-peer gambling
• Class four: this applies to software vendors.

The license serves for only five years, and operators are allowed to apply for several licenses. However, there are few conditions and requirements to be met before they are awarded certification. Once operators get licenses, they must adhere to some rules including:

• Have polices that covers responsible betting
• Must have a genuine data protection strategy
• Maintaining proper financial records
• Proper management of operations
• Money laundering prevention

Granting licenses here is not an inevitable process, thus authorized casinos must always demonstrate their legitimacy by operating transparently and meeting the required standards.

In general, Malta has matured into a top jurisdiction for highly regulated and responsible online gaming operators. Below are a number of exciting opportunities offered by Malta to the market entrants and already established operators who seek for a well regulated and tax-friendly gaming jurisdiction:

• A competitive licensing fee as well as an attractive corporate tax regime.
• Serious, industry-specific and credible regulation that guarantees players’ trust in any operator situated in Malta.
• Political and economic stability. Membership in the EU.
• A reasonable professional fee as well as other costs with high levels of professional services.
• Licences for casino games, gaming platforms, betting exchanges, online casinos, casino-style games and lotteries.

Such a sound jurisdiction with a highly proven track record continues to flaunt a successful trajectory of the iGaming industry in the country.

The number of licensees, whether local or overseas that operate under a Maltese gaming authority continues to increase across the last years as does the influx of game operators setting up shops locally, who benefit from advanced technological capabilities with relatively low labour costs.

Other jurisdictions have tried to catch up by adopting Malta’s regulation approach while the MGA, together with the Maltese authorities continue on a mission of creating the right gaming environment for the operator.

This consistent approach to regulation and the launch of Gaming Malta together with the Gaming Malta Academy will make this region be considered by the entire gaming industry as a hub of excellent gaming, both as the jurisdiction and dynamic economic centre for iGames and its ancillary services.

How to Choose the Best Online Casino

• Check the Reputation and Customer Service

These two factors are essential when selecting the best Malta online casino. Any reputable casino will always offer the best customer service. You can check how responsive a site is by enquiring on their wagering requirement either through a live chat or through email. Their response will help gauge their customer support services.

• Available Banking Options

Before you even conduct much research on any casino in this domain, check the available banking options provided in the particular site. Check out in their cashier section beforehand whether there is any banking option you can use comfortably.

• Payout Percentage

Basically, payout percentage is the money received by a player once they win a bet. This means that a site with higher payout percentage will help the player earn more money. Majority of casinos in this domain usually reveals their payout breaks down for all their games. Thus, ensure you choose a casino that offers a higher payout percentage since it will increase your chance of winning.

• Betting Licenses

Malta gaming authority is very strict on licenses, thus ensure the site you want to join in is fully licensed by a recognized authority. Note that any site that does not have any licenses are not subject to any regulation, meaning they are not safe to use. Only consider joining a casino that operates legally.

• Cashout Limits and Withdrawal Limits

Withdrawal processing time is one of the common complaints among many players. Check out clients reviews on the sites concerning the cash-out process. Withdrawal process should not take more than 48 hours. Withdrawal limits is another factor to consider. Some casinos tend to set a low amount limit so that once you win big money, they will not have to pay all of it at once.

Advantages of Malta Mobile Casinos

Majority of mobile casinos have adopted a strategy that makes sure that every player has access to their favourite games using their mobile devices. They offer enticing welcome bonuses which encourage novice players to wager real money.

In terms of convenience, Malta mobile casinos offer reliable accessibility and convenience. You don’t have to take up long drives to a land-based casino to access your favourite games. With a mobile casino, all you need is a working internet and you get to wager and play at the comfort of your home.

With more improved technology, you can access a variety of games right from your phone. Besides, you can access some which are not available in land-based casinos. With Malta mobile casinos, you might simply have more choices as compared to those available in the live casino environment.

You can also play on the go with a mobile casino. All the casino activities can be done at your convenience such as depositing and withdrawing funds, accessing your banking cashier, reviewing your game history, placing your bet, etc. Besides, customer support is contactable through your mobile device.

Deposits & Withdrawal Methods

Thanks to Malta’s pro-gambling appreciation, depositing has been simplified. In some countries, banks are under some strict orders to block any transactions done by bookmakers and casinos. However, that is not the case in Malta. Here, players are free to credit their account through debit cards, credits cards, bank transfer and variety of e-wallets.

Playing for Real Money Online in Malta

Malta casinos hold honourable status by offering top-notch and well-crafted games to its visitors. Some of the most popular games available include various types of online slots, sportsbooks, roulette, live casinos, blackjack, baccarat, and lotteries.

Conclusion

Currently, Maltese online betting law has proved to be among the most recommendable regulations for gaming. Thus, you can be sure that you will have access to secure and safe betting at Malta online casinos. Their legal framework encourages innovation and offers a wide variety of incentives for employees in remote gaming businesses which include reduced rates on taxable personal income, exemptions on patent-derived income, relief on double taxation and refunds on dividends, all these subject to satisfaction of given criteria.

Other incentives include Global Residence Programme and High Net Worth Scheme enjoyed by non-residents who choose to relocate to Malta. Albeit taxes imposed on gaming activities vary according to the applicable licensing and it is a wide acknowledgement that Malta has the most competitive tax rates worldwide.