Malta is a top online casino host

In the general casino news this week the article is not news but it may be of interest to online casino players who wonder where the company is based that runs the online casino and why they are there. There are in fact a number of jurisdictions where online casinos base their operations and one of those is the tiny island of Malta which lays just South of Sicily in the Mediterranean Sea. Malta was in fact the first EU member state to introduce specific legislation for online casinos and other online gambling and it did that way back in the late 1990s which was well before most online casino providers had got round to it which is why Malta is known in some circles as Silicon Island. Today casino news can report that over 250 online gambling related companies are based in Malta and over 425 licenses have been issued by the Lotteries and Gaming Commission. Casinos have been a way of life in Malta for some time and if you ever venture to the Island for a holiday as many Irish casino players do, you will find a couple of very good casinos including the Portomaso casino which is incidentally where the live casino option of All Irish Casino is based but the main reason that many online gambling companies locate there is the well established regulatory regime which offers a stable and secure framework for operations as well as banks and other financial institutions that are used to working with the industry. Apart from Maltese the national language is English and telecommunications are excellent enabling 24 hour industry support for online payments and other data services. Casino news has also learned that there is a 15% tax cap for foreign professionals in the industry which also helps attract software developers and platform providers. Online casinos and Malta are strongly linked to each other.