Analysis MALTA - PART II
Malta: Vital Statistics
kyte consultants Kyte Consultants was set up in 2006 by former Deloitte consultants, Alan Alden and Trevor Axiak, to provide Information and Communications Technology related risk management services. The company is accredited by the LGA and is also the only validated Qualified Security Assessor Company in Malta.
“Although the market has continued to grow, the rate of growth has slowed greatly. We are also seeing a consolidation of operators as the number of competitors is growing at a faster rate than the available markets. We are also seeing more B2B activity as operators previously focused in specific areas of gambling seek to enter new areas. Mobile gambling is also growing in popularity and more and more operators are offering mobile solutions. Whilst business may have slowed down in the growth of the number of licensees, these other areas of activity are more than compensating for the decrease in the licensing part of the business.
We like to think that Malta has a future and that the main regulations of other jurisdictions are based on the ground breaking Maltese remote gaming
regulations which are now seven years old. We have only made minor changes to the regulations and they still hold their ground in any fair court of law and at European level. No jurisdiction can say that their laws are better than the Maltese ones in the key areas of online gambling.
The Green Paper has been published and is being discussed and will continue to be discussed. We do not know what will happen after that I do not like to speculate. Many operators and service providers like ourselves are hoping that the EU understands that the French and Italian models have not changed anything other than the fact that the governments are now calling the operators legal just because they are collecting taxes. They are no longer concerned about responsible gambling, fraud, public security etc which were the reasons used to justify their licensing of operators to allow them to operate in their countries. The general opinion is that the situation being created by these separate licensing systems is not sustainable and will collapse.
We must not forget another important stakeholder in the whole debate, the player. Why should a French poker player
delivering the Dynamic bonusing at the point-of-play floor-wide experience 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.
Capital: Valletta Population: 408,000 Land Area: 316 sq.m Median age: 40 years Languages: Maltese (official) 90%, English (official) 6%, multilingual 3%, other. Currency: Euro Government: Republic Chief of State: President George Abela (since 2009) Head of Government: Prime Minister Lawrence Gonzi (since 2004) Elections: President elected by a resolution of the House of Representatives for a five year term. Next election 2014. Leader of majority party usually appointed Prime Minsiter for five year.
only play against French or an Italian against Italians? Where is the fun in that? Malta invented the regulation of online gambling and became a victim of its foresight and success. Therefore in my opinion Malta will continue to be a major player in the remote gaming industry even in the foreseeable future as the solutions being proposed although temporarily benefit the member states as they will rake in more taxes, will eventually collapse. The operators and players will not be able to work in a common market where 27 separate licenses are required. It just doesn’t make business sense.” Alan Alden, Director, Kyte Communications and General Secretary of MRGC.
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