These legal papers are valid for five years, meaning that operators who take them up need to renew or apply for fresh ones once the term is up. The provisions above are for the land casinos. However, persons who want to build an online gaming empire have to consult with the Gaming and Lotteries Authority. The proper investigation is done to the company hoping to set up its base in Malta. Once the authority is sure that they have all the useful things that will allow them to work optimally, and by the law, the permit is issued.
Best Online Casinos Accepting Players from Malta
It is possible to have an entertaining time while gambling in online casinos in Malta. This is because Malta has well over 500 online casinos that offer chance taking provisions to players residing within its airspace. They avail gaming software by various online game providing companies. They also allow international water fanatics to join in the fun if they are not restricted by their governments to play for money. A few of these companies are listed in the table below.
||Elk Studios, NexGen Gaming, Net Entertainment, Betsoft, Evolution Gaming, 1x2 Gaming, Leander, BTG
|All British Casino
||Bally Technologies, Evolution Gaming, IGT, Microgaming, NextGen Gaming, NetEnt, WMS
||Aristocrat, Play nâ€™Go, Quickspin, Elk Studios, 2 by 2
||Rabcat, Thunderkick, Red Tib]ger, Yggdrasil, BTG, Cryptologic, Leander, WMS, Net Entertainment, Ash Gaming
||Evolution, Pragmatic Play, Evolution Gaming, Novomatic, IGT, Thunderkick, Push Gaming, Blue Print
||2 by 2, Betsoft, BTG, GECO, Genesis, Leander, Novomatic, Quickspin, Rabcat, Red Tiger
Aside from the mentioned gaming companies, others are also available on the site. Thus, betting persons are assured that they will find a variety of games on the websites.
Online Gambling Laws and Regulations in Malta
Gamblers, as well as Malta casinos, are all under one umbrella that dictates how they should co-relate. Each one is required to fulfill a part on their end that should result in a smooth affair for both. Some of the regulations are explained below.
- Is online gambling legal in Malta? â€“ Web gambling is legal in Malta. Two major licensing bodies ensure that the online dens are well licensed before they start their operations in the country.
- Who regulates Maltese online casinos? â€“ The Gaming and Lotteries Authority is responsible for providing a license to online casinos in Malta. However, MGA takes charge when it comes to drafting laws that regulate gambling in the region
- What is the online gambling Law in Malta? â€“ The Maltese law states that no offshore services can be availed to Malta residents unless the company holds a license availed in Malta. Also, no online activities can be provided in the country to the people unless the entity has a valid MGA license. More so, a company has to have a physical business premise whether or not they plan on having a land-based casino
- What types of permits does MGA issue? The four classes of legal documents that MGA avails to persons seeking to open a betting business in the region are mentioned above. Grade 1 â€“ 4 of these are given to different organizations that want to provide the wagering services via the various types of games
- What is the legal gambling age in Malta? Offshore chance takers, as well as visitors touring the nation, are allowed to gamble as early as when they are 18 years old. However, when it comes to the residents of this country, 25 is the legal gambling age. Violating any of the two restrictions is an offence as stated by the law, and it comes with a hefty jail or bail penalty
The History of Gambling in Malta
It wasnâ€™t until the 17th century that Maltese people were able to gain access to lotto services in their jurisdiction. Before then, they used to play a game known as the Ic-Cippatatu for fun, especially during holidays. As time went by, more casino games found their way into Malta, and they were received well.
Even so, it took quite some for any regulations on gambling to be set. This took place at the end of October 1922. For some reason, a weekly appointment for playing lotto games was made. Those who enjoyed this service would gather in various designated places to play the lotto. The lotto regulations that were set were useful in stopping the Maltese citizens from overindulging in the exercise. However, the clever ones found ways to indulge in private meetings to bet for money, that would eventually benefit them as opposed to the community.
This led to the introduction of the Malta National Lottery. It allowed chance takers to bet for money publicly without fear of facing any charges due to going against the law. Other foreign countries that learned of this organization also joined in the competition with the hope of having a piece of the pie. As time went by, online gaming came into the picture with Microgaming being the first gaming company to provide this service. Various online casinos started rising now the demand for this availability became massive.
Maltese citizens began taking part in this practice even from sites based out of their borders. As a result, various players started making complaints of fraud perpetrated by entities that were not well licensed. Rather than see their people suffer, the government of Malta decided to begin availing online licenses to business owners who wanted to do online gambling work in Malta. In 2002, the legislation took place, and it was successful. Persons interested in gaining this permit have to go through a rigorous vetting process to ensure that they intend on giving legal services to the gamblers.
Additionally, they need to pay specific fees that will cater for the processing of the legal document. Today, Malta is among the leading nations to provide online services to its people even though they have set the gambling age higher than most other countries.
Predictions About The Future of Online Casino Gambling in Malta
Unlike several countries around the globe, Malta had a pretty good start when it comes to betting availabilities. The people of Malta began gambling way before most other European nations could allow their residents to do the same. The industry has made steady steps towards growing. Legalizing the affair and allowing international entities to provide their services to Maltese people is one of the great ways this has been made possible.
In regards to taxes, the laws are not very restrictive. Thus, they give the online casino leeway to do their work without taking too much from what they make. This is the ideal place that most casino owners would like to set up their operations. With this trend, it seems that the gambling industry will grow steadily until it reaches a peak point.
Even though betting in the country is legal, it is sad to note that the Malta Gaming Authority does very little when it comes to assisting players to claim their funds. Several complaints from bettors have gone unanswered, and this is quite alarming considering that the organization was set up to help promote a better gaming environment for online players. However, the encounter in these places is quite entertaining since most players are safeguarded from theft instances by rogue casinos. It is, therefore, safe to bet in a casino based in Malta. In regards to age limits, one has to be 18 years of age by the time they place their first real money bet in any Maltese casino.
All real money gamblers are recommended to play in the sites that are provided in this review. They are well licensed and have a variety of games to pick from. Also, they are known to avail the players with their winnings. Thus, they are safe to bet in. Register an account with any of them for an entertaining encounter.