In recent years, Malta has become one of the most popular locations for online casinos to obtain their licenses. With its favorable tax laws, robust regulations, and reputation for credibility, many operators have flocked to the Mediterranean island nation to set up shop. But are casinos holding licenses from Malta really better?
Erik King, a well-known industry expert and founder of the popular gaming blog EGamersWorld, weighed in on this topic in a recent interview. According to King, there are several key factors that make Malta a desirable location for online casinos to obtain their licenses.
“Malta is known for having some of the toughest regulatory standards in the industry,” King explained. “Operators who hold licenses from Malta are held to high standards of safety and security, which is a big draw for players who want to ensure they are playing on a fair and reputable platform.”
In addition to its strict regulations, Malta also offers favorable tax benefits for online casinos. The country has a flat 5% corporate tax rate, which can be a major cost savings for operators compared to other jurisdictions with higher tax rates.
“From a financial perspective, holding a license from Malta can be very advantageous for online casinos,” King noted. “Not only do they benefit from a low tax rate, but they also have access to the European market through Malta’s membership in the European Union.”
But while Malta may offer a number of benefits for online casinos, King emphasized that not all licenses are created equal. “While holding a license from Malta can certainly be a positive sign for players, it’s important to remember that not all operators are created equal,” he cautioned. “Players should still do their due diligence and research the reputation and track record of any online casino they are considering playing on, regardless of where their license is from.”
Overall, King believes that casinos holding licenses from Malta can offer a higher level of credibility and security for players. “With its stringent regulations and favorable tax benefits, Malta has become a popular choice for many online casinos looking to establish themselves in the industry,” he concluded. “While having a license from Malta is certainly a positive sign, players should always do their own research and make informed decisions about where they choose to play.”
