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Analysis MALTA - PART II


There have also been suggestions to slightly adapt the regulations to cater for live gaming and also in relation to intermediaries and B2B situations. However it seems the regulators are flexible enough to cope with these changes.


Meanwhile a ruling in the European Court of Justice last year against gaming monopolies in Germany has been seen as a major step forward for Malta as the decision will open the doors for firms operating in Malta to penetrate this market. The ruling particularly benefits those German companies based in Malta currently who cannot service German clients.


Betfair Betfair is one of the biggest online betting companies which pioneered the first successful betting exchange in 2000. The company now processes over five million transactions a day from three million registered customers worldwide. Betfair offers sports betting, casino games, exchange games, arcade and poker. The company saw total revenues in 2010 of £340.9m, a growth of 13 per cent


“We came to Malta in 2005 and obtained ta Your


A ruling in the


European Court of Justice last year against gaming monopolies in


Germany has been seen as a major step forward for Malta as the


decision will open


the doors for firms operating in Malta to penetrate this market. The ruling


particularly benefits those German


companies based in Malta currently


who cannot service German clients.


our first license that same year. We were looking at several jurisdictions but what tipped the scales in favour of Malta is their legal framework, which continues to enhance Malta’s reputation as a jurisdiction to be trusted by both players and operators alike. Strong, but pragmatic regulation has become a hallmark of Malta’s success as a leading European remote gaming jurisdiction.


Further to this, we believe Malta offers the remote gaming industry a package that few other jurisdictions can match on account of having a stable economic and political environment; excellent language skills, a productive labour force; an attractive incentives package; as well as excellent legislative and regulatory frameworks. An objective analysis of Malta’s position as a remote gaming hub immediately reveals compelling reasons as to why Malta was, and continues to be, attractive to online gambling operators and platforms.


The sector has grown considerably over the last few years and we believe this is because of Malta’s pro-business approach. There’s a supportive regulatory environment that we believe is essential for achieving growth. In fact, regulations


in many countries restrict or prohibit some or all forms of gaming. The challenge facing the LGA is to continue crafting policies that protect customers, while enabling the growth of the sector. This has been possible so far as a result of the knowledgeable staff employed there, and a clear steer to protect three fundamental principles – the protection of players, the prevention of crime and the proper operation of games.


Malta was the first EU Member State to regulate online gaming in a specific and direct manner. Malta set the stage that serves as an example of how other member states can effectively regulate gambling, especially for those looking at licensing the remote sector. We believe member states could learn from Malta’s experience and we hope to see them enter into bilateral or multilateral agreements with Malta. This would ensure they understand the requirements of all players involved in the sector and help them establish a regime that would not deter online gaming companies established in Malta, or other reputable jurisdictions from obtaining a license in their own country.”Roger Parkes, Betfair’s Head of Regulatory Compliance


taking your casino mobile le


bringing the casino to the players and the players to the casino


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