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Malta to be the new home
for Major Online Casinos
Due mainly to the UK Gambling
Act, many online casinos have
begun rethinking location
and have their eyes on Malta as
a new home. To date, more than
84 internet casino
companies have their businesses
based here and many more are
ready to make the move,
with at least 36 awaiting
licenses.
Big gaming names like Virgin
Games, Littlewoods, William Hill
and Playboy Casino plan
to make their move in the coming
weeks. Some online casino
companies held out until
after the U.K. Gambling Act
passed, but many, foreseeing the
need to find a new
location, made the move weeks or
months in advance of the in
order to avoid any
complications.
Mario Galea, who is the Chief
Executive of the Lotteries
Gaming Authority is quoted as
saying to The Times Newspaper of
Malta, "Malta's becoming the
natural hub of online
gaming." The restrictions of
this act do not apply to such
approved 'white list' areas like
Alderney and gambling companies
in EEA, and allow promotion of
UK TV, radio and other media
outlets. |