Why Malta is the top choice for iGaming businesses

Malta has harnessed its power in the iGaming world, offering an allure that many firms from different parts of the world would want. A Mediterranean archipelago with an advantageous regulatory framework, strategic location and highly qualified workforce, Malta has grown into a well-oiled machine that houses some leading online gaming companies around the globe. Its unique blend of advantages has given this nation the power to shape an ideal business environment that fosters both new startups and established iGaming giants. This article outlines the main reasons why Malta is still the first choice for iGaming companies.

Favorable regulatory framework

The main reason why iGaming companies are attracted to Malta is because of its serious regulatory setup. Its national regulator, known as the Malta Gaming Authority, is highly regarded because of its fair, stringent policies that promote a lot of transparency and responsible gambling. This is very important, considering that the iGaming industry is highly regulated all over the world. Malta has proven to be a secure and reputable jurisdiction for companies planning to operate internationally. That extends to local operators, too, ensuring Maltese players are in a secure, regulated environment. It means the MGA polices the safety of Maltese players in gaming fairly, therefore confidence levels within jurisdictions are a boost for companies operating in the iGaming sector.

The license is provided in a very efficient and smooth manner by the MGA, which means this ensures an EU-wide recognised license for the business. This gives iGaming companies market access to the vastness of the EU without having to navigate through complex regulatory systems. Over the years, this country has earned a reputation as a reliable one-stop regulatory centre and hence has become a destination of choice for stability and legal clarity sought by all.

Enhanced gaming experience for Maltese gamblers

This is also helpful for Maltese gamblers in many ways because Malta is a hub of iGaming activity on the international plane. Maltese players have access to an enormous number of licensed and regulated platforms offering different varieties of gaming options, starting from traditional casino games and various sports betting activities. Due to the presence of strict regulations provided by the Malta Gaming Authority, players enjoy significant consumer protection afforded by the guarantee of fairness in the games, security of payouts and protection of private data. What’s more, local operators usually offer bonuses, various promotions and customer support adjusted for the local market, which makes gaming a lot more personal and fun.

Strategic location with EU membership

Located at the centre of the Mediterranean, Malta is in a privileged geographical position for iGaming businesses. This island is a bridge between Europe and Africa to the Middle East, providing excellent access to major markets. Additionally, as a state member, Malta can boast about offering iGaming businesses the possibility to work within the single market of the European Union. This will, therefore, enable businesspersons to reach out to millions of their potential customers throughout the European continent without facing any trade barriers or troubles brought about by legal complications.

Furthermore, the relative proximity to main European financial hubs implies that online gaming companies find it easier to build solid relations with banks, processors and other providers of financial services. It also situates Malta in a time zone that allows for smooth business operations and communication with partners in key European markets.

Attractive tax benefits

Another important reason that makes Malta attractive to iGaming companies is its very favourable tax regime. While the headline corporate rate is 35%, significant tax rebates drive down the effective tax rate to about 5% for foreign shareholders. So, such a tax framework contributes much to allowing the firms to retain a better amount of their profits, which can be reinvested for growth and innovation.

It also involves a series of tax credits available for research and development projects, training and innovation projects. In addition, the government aids locally registered companies operating on the island with diverse ways of venturing into Malta’s economy, thus making it friendlier.

Highly skilled workforce

The highly qualified and multilingual labour force in the iGaming industry in Malta is an important asset for the industry today. The country has a very solid educational framework and a great number of Maltese citizens speak English and Italian, plus other European languages, which ultimately diminishes the challenges of language barriers while running iGaming businesses with international customers and partners.

In recent times, Malta also attracted several other skilled professionals from all over Europe and elsewhere due to its predominant reputation as a global iGaming hub. Indeed, the latter influx of these professionals has made them a diverse workforce well-versed in technology, marketing, customer service and compliance, all indispensable to the iGaming industry.

The future of iGaming in Malta

With the continuous growth of the iGaming industry worldwide, Malta has maintained its leading position in innovation and development. Its friendly regulatory environment, investments in infrastructure and supportive approach to responsible gambling turn Malta into the No. 1 choice for literally every iGaming business for the foreseeable future. With new technologies coming into play such as blockchain and cryptocurrency, Malta finds itself well-positioned concerning the next phase in the evolution of iGaming.

Boasting regulatory competence, a strategic location, fiscal advantages and world-class infrastructure, Malta is the place to be for an iGaming business. A very alive ecosystem, skilled human resources and a focus on responsible gaming form the base for businesses to grow sustainably and contribute to the global gaming landscape.

Disclaimer: Players must be 18 years + to partake in any gambling, betting or casino activity. Players are urged to seek help if they require it. Players play at their own risk.