Focus REPORT: MALTA
€235,000 whilst inspectors can examine machines and venues.
• Two directives to support these regulations have been published – The Locations for Gaming Parlours Directive and the Gaming Parlours No Objection Certificate Directive.
• Applications were received as from May 16.
The Lotteries and Gaming Authority is a regulatory body responsible for all gaming activities in Malta from amusement machines, casinos, bingo hall, gaming machines, sports betting, horse racing, lottery and remote gaming. It is headed by Chairman Nicholas Xuereb and four board members.
The authority was set up in 2001 although official launched in 2004 and falls under the control of the Ministry of Finance.
It is the guardian of the Gaming Act of 1998 which controls the casino sector and The Lotteries and Other Games Act 2001 which governs all other sectors of the gaming industry. The Lotteries and Other Games Act 2001 was amended in 2008 by the European Union Act.
The Maltese gaming sector has seen extraordinary growth of the last few years most particularly within its remote gaming sector (part II). However one of the key successes for the land based sector is the strong regulatory framework.
license fees and taxes License or
authorisation Class 1 Class 2 Class 3
€2,000 €2,000 €500
Application fee
License fee
Placement tax
One time approval fee.
€2,000 per year -- €2,000 per year -- €125 per machine
€400 per machine per
month or 20% of GGR per month per machine (whichever is higher)
Class 4 €2,000 -- -
Approval of -- - gaming devices
Approval of premises
-
€500 per premises per year
-
Approval of -- - employees
Meanwhile the National Lottery was set up as a government monopoly in 1934 and was later privatised in 2004. During the same year Maltco Lotteries Ltd was given an exclusive license to operate the National Lottery which is valid for seven years. Intralot holds a 73 per cent share whilst the remaining is owned by Maltese businessmen.
Maltco operates several games such as Super 5 lottery, Lotto, instant lotteries, U*BET Fixed Odds Betting and Horseracing, Quick Keno and Bingo 75. Gaming duty from the lottery amounted
The Maltese
gaming sector has seen extraordinary growth of the last few years most particularly within
its remote gaming sector (part II).
However one of the key successes for the land based
sector is the strong regulatory framework.
the casino industry There are four land based casinos which are operated by three companies. The first casino was opened in Malta in 1964 as the Dragonara Casino which was originally owned by the government but sold to a private operator in 1999 and then in 2010 a new concession took over the operation.
The second casino to open was the Oracle Casino in Bugibba in September 1998 followed by the Casino di Venezia in
cutting-edge play mechanics keep players engaged Your
€175 per machine
€2,500 per premises
€25 per employee to €11.96m by the end of 2009. -
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