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| Located in the center of the Mediterranean, Malta began licensing online gambling sites in 2000 under ther Public Lotto Ordinance. Since then, the Lotteries and Gaming Authority (LGA) has developed its policies and procedures of remote gambling operations. In April of 2004, The Remote Gambling Regulations were revamped and now offer four classes of remote gambling licenses.
Malta became a member state of the European Union on 1st May, 2004. Malta is well paced to reap the benefits from EU accession and embark on a path of rapid growth. Its human capital and geographical location place it in a favourable position in this regard.
Malta is an independent republic and a member of the British Commonwealth. Since the mid-eighties Malta has transformed itself into a freight transhipment hub and a first class financial centre with reciprocal insurance and investment legislature regulations. Malta boasts an independent Financial Services Authority based on the British system. The islands have a hi-tech manufacturing sector and at present are working on an advanced system of e-government aimed at creating the first e-government state supported by one of the world’s first fully digital telecommunications network.
Malta has high anti-money laundering standards and a comprehensive framework for financial services regulated by the Malta Financial Services Authority. There are also strong professional secrecy and confidentially laws.
Inspite of size limitations, the Maltese islands boast a healthy and effective economy with potential for future growth. Since joining the EU in 2004, Malta was declared as a good performer by the EU and has respected the Maastricht criteria prior to adopting the Euro.
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Malta Lotteries and Gaming Authority
La Concorde, Abate Rigord Street
Ta Xbiex
Malta MSD 12
E-Mail
info@lga.org.mt
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Website
www.lga.org.mt
Fax
+356 213 165 99
Phone
+356 213 165 90
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