Showing posts with label online gaming. Show all posts
Showing posts with label online gaming. Show all posts

14 November 2014

Remote gaming is second biggest contributor to GDP

Jose Herrera - Malta is a "giant amongst remote gaming jurisdictions"


Malta Today 06/11/2014: The Lotteries and Gaming Authority (LGA) has announced positive interim results for the first six months of 2014 at a press conference held this morning.

Joseph Cuschieri, Executive Chairman of the LGA, told attendees that the number of licences issued in 2014 has increased by 25% and the number of registered companies has also gone up 17%  when compared to 2013. Total revenue from this sector is also up 1.3% while license processing time has decreased by 50%, now taking an average 2.5 months to be granted..read on.

17 October 2014

Malta E-Gaming Review 2014/15

Tax News 07/10/2014: In autumn of 200, the Maltese government passed legislation enabling online betting centres to be set up in the country, and this legislation, coupled with provisions from the Income Tax Act written specifically for international companies, made Malta an attractive location for casino and sportsbook operations.

Malta became the first EU member state to regulate Internet gaming in May 2004 with the Remote Gaming Regulations under the Lotteries and Other Games Act 2001.

A large number of companies around the World expressed their...read on.
Malta became the first EU member state to regulate internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Games Act 2001. - See more at: http://www.tax-news.com/features/Malta_EGaming_Review_201415___572240.html#sthash.JFb28Gck.dpufmalte
In the autumn of 2000 the Maltese government passed legislation enabling online betting centres to be set up in the country, and this legislation, coupled with provisions from the Income Tax Act written specifically for international companies, made Malta an attractive location for casino and sportsbook operations.
Malta became the first EU member state to regulate internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Games Act 2001.
A large number of companies from around the world expressed interest in Malta, including Stanley Leisure, William Hill, Ladbrokes, Paddy Power, Unibet, GC Sports, International Allsports, and Eurofootball; in 2012, PokerStars launched Pokerstars.eu under the group’s
- See more at: http://www.tax-news.com/features/Malta_EGaming_Review_201415___572240.html#sthash.JFb28Gck.dpuf
In the autumn of 2000 the Maltese government passed legislation enabling online betting centres to be set up in the country, and this legislation, coupled with provisions from the Income Tax Act written specifically for international companies, made Malta an attractive location for casino and sportsbook operations.
Malta became the first EU member state to regulate internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Games Act 2001.
A large number of companies from around the world expressed interest in Malta, including Stanley Leisure, William Hill, Ladbrokes, Paddy Power, Unibet, GC Sports, International Allsports, and Eurofootball; in 2012, PokerStars launched Pokerstars.eu under the group’s new
- See more at: http://www.tax-news.com/features/Malta_EGaming_Review_201415___572240.html#sthash.JFb28Gck.dpuf
In the autumn of 2000 the Maltese government passed legislation enabling online betting centres to be set up in the country, and this legislation, coupled with provisions from the Income Tax Act written specifically for international companies, made Malta an attractive location for casino and sportsbook operations.
Malta became the first EU member state to regulate internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Games Act 2001.
A large number of companies from around the world expressed interest in Malta, including Stanley Leisure, William Hill, Ladbrokes, Paddy Power, Unibet, GC Sports, International Allsports, and Eurofootball; in 2012, PokerStars launched Pokerstars.eu under the group’s new
- See more at: http://www.tax-news.com/features/Malta_EGaming_Review_201415___572240.html#sthash.JFb28Gck.dpuf

3 March 2014

Malta is fourth most specialised economy in EU

Times of Malta 20/02/2014: Malta ranks fourth in terms of specialised industrial structures in the EU, according to a European Commission report.

Top place went to Ireland, which has a very strong pharmaceutical base; Sweden, which saw a considerable increase in the refining of petroleum products; and Romania, active in agriculture and fisheries, food products and textiles.

The European Commission report, ‘Competing in global value chains’, looked at the changes in specialisation between 2000 and 2012. Malta saw the most dramatic change in the category for arts, entertainment and recreation, which includes online gaming, which changed from an index of 1.40 to 6.45. Pharmaceuticals also grew from an index of 0.27 to 2.12, while furniture...read on.