Having recently labelled Malta as the ‘Silicon Valley’ of the iGaming industry, SiGMA founders Dennis Dhyr Hansen and Eman Pulis deem this nickname to be very apt, since the evidence speaks for itself. We took it upon ourselves to delve deeper into a handful of factors and how their diversity complements the fact that Malta is one of the top iGaming hubs in the world.
As with any other sector, the success of iGaming is intricately associated to the legal and financial scene that players have to confront so as to rise to the top of their game. Malta prides itself in a solid regulatory framework, with favourable tax benefits and a government that has conventionally acknowledged, understood and reinforced the remote gaming industry in the countless trials and tribulations (and opportunities) it comes across.
Malta’s unparalleled support to iGaming firms and its transparency policy is undoubtedly noted in the number of government entities that synergise their arduous work to help better this business. The Lotteries and Gaming Authority (LGA), Malta Enterprise, the Malta Financial Services Authority (MFSA) and the Malta Tourism Authority (MTA) all collaborate to guarantee the needs of gaming companies based and licensed in Malta adhered to.
Additionally, Gaming Malta, which is a non-profit organisation was launched in March 2015. With its founding members being the Government of Malta and the Malta Gaming Authority, Gaming Malta strives to promote the country as an iGaming centre of excellence in the Mediterranean and the European Union.