Malta Gaming Authority CEO Talks Online Gambling
CasinoWebScripts has gathered information about big-scale changes in the regulatory framework of the Malta gambling jurisdiction. The CEO of the Lotteries and Gaming Authority Reuben Portanier expressed his ideas about how Malta stands out in the online gambling market and how it gained its reputation. Portanier said that by being the first EU member state who properly regulated the internet gaming and betting industry, Malta managed to develop in such way that casino software companies and operators can feel comfortable in running their businesses from and in this European country.
Portanier also commented that Malta has a fast-growing gambling industry which is rapidly opening itself up all across the continent, the past two years being an extremely prosperous period during which the online market has been strongly consolidated. The CEO revealed that the online gaming industry will be taken by storm by the mobile and tablet technology, the gaming authority already starting to pave the way for operators who seek to open online casinos by using these gadgets.
Malta has also been told to have a strong and well-structured licensing regime which allows entrepreneurs to start their online operations in a short period of time and with minimum effort. The income tax requested by the Malta government has been set to 15% and its regulations are said to be aligned with international standards. Our casino software company will keenly honor its commitments to operators who are willing to open online casinos.
BY CASINOWEBSCRIPTS PUBLISHED 18 July 2013