Malta has long been famous for acting as a hub for online gambling operators including bookmakers, casinos and poker rooms. This trend has only gained strength in recent years and the number of casinos who choose this country for their headquarters is on the rise. Not surprisingly, they also decided to apply for a license with the Malta Gaming Authority one of the best-known and most respected licensing bodies. These are the five reasons why so many casinos choose to relocate to Maltese shores.
A respectable licensing body
MGA casinos are widely regarded as reliable, trustworthy and willing to play by the rules. That’s because the regulatory body compels those who apply for a license to respect their strict security conditions. They are willing to go through the effort of meeting these expectations, to reap long-term rewards. Players also appreciate this attitude, especially those who play the long game and seek a trustworthy partner.
Clear and fair legislation
One of the most important things for online casinos like the PlayUK is to be able to make long-term plans without having to worry about frequently changing legislation. This is something that Malta can offer, as the laws are clear and they rarely change, so gambling operators can plan ahead. This kind of predictability makes the country one of the preferred destinations for prestigious online casinos.
Reasonable and predictable taxes
Malta isn’t exactly a tax haven, but compared to other European countries, it will place a lighter burden on the shoulders of companies. Online casinos appreciate this more than most businesses, as they operate in a highly competitive industry and with narrow margins. The taxes here are reasonable and just as important, they don’t change from year to year, so casinos always know what to expect.
A young and educated workforce
Online and land-based casinos alike depend on the professional services offered by young individuals with higher education. This is something that Malta is particularly good at, with excellent universities and a propensity for creating specialists for the future. The government encourages those universities that prepare young people for industries that are profitable today and likely to thrive in the near future.
Nice country with great climate
Even online casinos that operate exclusively over the Internet need the services of real people and many employ a large workforce. Malta is one of the best destinations in Europe when it comes to nice weather and beautiful landscapes, so it attracts many young individuals. This makes it easy for casinos to employ specialists and relocate them here, where they enjoy a high standard of living and a carefree existence.
These are just a few of the reasons why Malta has emerged as one of the preferred destinations for online casinos. This has been a reality for many years now and the odds of significant changes occurring in the foreseeable future are slim to none.
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