Malta is a member of the Commonwealth of Great Britain and is an independent country. At the same time, Malta is also a member of the European Union (EU).
Gambling laws in Malta allow organizations to gamble online and offline. The following gambling forms are permitted on entertainment platforms, including recreational games, casino play, commercial tombola games, commercial communication games, gaming devices, telemarketing, fish sports betting, Lottery, and nonprofit games.
Gambling Laws in Malta
Under the Public Lottery Ordinance, Malta has begun licensing online gambling sites. Subsequently, the law was revised, and the regulation now complies with the Lottery and Other Games Act 2001.
In 2004, the Malta government introduced the Remote Games Regulation, and there are 4 different types of licenses for operators that must be located in Malta.
For the most part, the licensing regulations for betting platforms in Malta involve proper entertainment, players protection, and anti-money laundering.
At any time, licenses may be revoked if the supplier fails to comply with some additional conditions. Additionally, gaming organizations must maintain appropriate financial records, with data protection procedures and responsible gambling policies.
The 2018 Game Definitions Rules have the term "Gaming”, meaning to include all gambling activities. In addition, the operators that provide "Gaming" services are considered economic entities in Malta.
Gambling Events in Malta
One of the earliest games to show up in Malta was Ic-Cippitatu, which attracted many players of all ages.
In the late 17th and 18th centuries, the lottery was introduced in some European countries and gained popularity rapidly. The lottery was well known with Maltese bettors, but it was not until 1922 that the New Lottery Act was enacted in Malta on October 31, 1922.
Not long after the war, the Department of Lotto was established in Malta. The popularity of the National Lottery has rapidly spread to overseas markets, bringing more profits for Malta.
Since the publication of the Lottery Ordinance in 1922, the demand and complexity of the Malta gaming industry have grown dramatically.
In June 2010, the Malta Police apprehended nearly 85 gambling shops operating without a license from the Lottery and Games Authority (LGA).
Payment Methods
Malta players have always wanted payment operations at the casino to be not only safe and secure but also fast. There are various payment methods available at Malta online gambling operators, and gamblers can find a deposit or withdrawal way that suits their preference.
Bettors can choose to pay from debit cards like Visa, MasterCard, and Maestro. Additionally, e-wallets like PayPal, Neteller, and Skrill are also very safe and popular at Malta casinos. The forms of the bank transfer and mobile payment are also highly secure, but it will take a lot of time to wait.
