Remote Gaming in Malta
Different jurisdictions treat gaming in diverse ways. With the advent of internet gaming, the situation has become more complex and increased regulation deemend necesary. In April 2004 Malta published its Remote Gaming Regulations – a comprehensive legislative instrument that aims to provide a secure on-line environment to players and, at the same time, guarantee remote gaming operators a competitive framework.
Malta’s innovative and comprehensive remote gaming laws and regulations, low gambling taxes, bandwidth and hosting capabilities and low corporate taxes have enticed many gaming operators worldwide to set up their organization in Malta.
The remote gaming regulations cater for a very widely defined notion of remote gaming, focusing on the means rather than the methods of gaming, regulating the functions and procedures employed by the operator to carry out the remote gaming. Any remote game which can be securely managed under the Regulations will be considered by the Lotteries Gaming Authority (LGA) for licensing.
The gaming tax which a licensee must pay to the Gaming Authority on behalf of the government is differentiated according to the type of betting/gaming operation as follows:–
|Class 1:||Euro 7000 per month, reduced to Euro 4,660 for the first six months|
|Class 1 on Class 4:||Euro 1200 per month|
|Class 2:||0.5% on the gross amount of stakes accepted|
|Class 3:||5% on the real income|
|Class 4:||Nil for the first 6 monthsEuro 2,330 per month for subsequent 6 monthsEuro 4,660 per month for the entire duration of the license|