Malta’s gambling laws are quite permissive and the country has been at the forefront of legalizing online gambling. People visit top online casinos such as netti-kasino.org to play awesome casino games.
However, some restrictions are still in place and it is important to be aware of them before you start playing online. Read our overview below to learn more about the main rules and regulations regarding online gambling in Malta.
Maltese Gaming Laws and their Impact on Online Gambling
Maltese gambling laws are very favorable to online gambling operators, which is why the country has become a hub for these businesses. The laws are designed to protect both the operator and the player and to ensure that all games are played in a fair and transparent manner.
Maltese gaming laws are also very flexible, allowing operators to offer a wide range of gaming products and services. This includes online casino games, sports betting, poker and bingo. There are also no restrictions on the type of software that can be used by operators, giving them the freedom to choose the best possible platform for their business.
The only requirement for online gaming operators in Malta is that they must be licensed by the Malta Gaming Authority (MGA). The MGA is responsible for regulating all aspects of the gambling industry in Malta and ensuring that all operators comply with the country’s gambling laws.
MGA-licensed operators are required to pay a tax on their gross gaming revenue (GGR), which is currently set at 35%. This tax rate is one of the lowest in Europe and makes Malta an attractive destination for online gambling businesses.
What impact has Brexit had on online gambling in Malta?
The impact of Brexit on online gambling in Malta will vary depending on the specific operator and their business model. However, there are some potential impacts that could be felt by the industry as a whole.
One of the biggest potential impacts of Brexit on online gambling in Malta is the loss of passport rights. This could mean that Malta-based operators would no longer be able to offer their services to customers in the UK, which could have a significant impact on their business.
Another potential impact of Brexit on online gambling in Malta is the introduction of new taxes and regulations. At present, the Maltese gambling industry benefits from a number of tax breaks and other favorable conditions, but all of this could change after Brexit. This could make it more difficult for operators to do business in Malta and could lead to some companies relocating to other jurisdictions.
Finally, Brexit could also have an impact on the free movement of people between Malta and the United Kingdom. This could make it more difficult for gaming companies to recruit staff in the UK and lead to an overall shortage of skilled workers in the Maltese gaming industry.
What are the restrictions on who can gamble online in Malta?
The MGA (Malta Gaming Authority) is the independent and sole regulatory body responsible for governing all gaming activities in Malta, both online and land-based.
The MGA is committed to protecting the interests of players, ensuring that all games are conducted in a fair and transparent manner. To achieve this, the MGA has put in place a number of restrictions on who can gamble online in Malta.
First and foremost, only Maltese citizens or residents are allowed to gamble online. This means that if you are not a Maltese citizen or resident, you will not be able to open an account with an MGA-licensed online gambling operator.
Additionally, only players over the age of 18 are allowed to play online. If you are under 18, you will not be able to open an account with an MGA-licensed online gambling operator.
Finally, only players physically located in Malta are allowed to play online. This means that if you are not physically located in Malta, you will not be able to access any MGA licensed online gaming service.
Disclaimer: Gamble responsibly. For help, visit www.rgt.org.mt. Players must be over 18