E GAMING in Malta
Malta, its rocky coastline, its pastizzi, its prickly pears and… Its eGaming companies. There are more than 260 of them on the archipelago and this number is constantly expanding, even more so in this particular period of pandemic and Brexit. The reason for this? Undeniable tax advantages and the Malta Gaming Authority presenting the island as one of the few countries in Europe with a competent entity in terms of online gaming regulation. This is also where the world-famous SIGMA online gambling show takes place regularly.
Slot machines, casino, lottery, bingo, sports betting… Since 2004, Malta has become the Silicon Valley of online gaming. Nothing surprising here when you consider the many privileges put in place to attract these companies. The allocation of licences varies according to the category of game but for all of them, the tax planning is interesting as well as the law on re-domiciliation, the participation exemption regime, the extremely competitive tax rates, a reduced bureaucracy… This is only the beginning as new programmes in favour of a fast growth of the iGaming industry are being introduced. The list of companies in the sector is expected to continue to grow.
What attracts eGaming companies to Malta
It is no coincidence that so many companies are setting up shop on this island. The adjective “paradise” that is often associated with the island has a double meaning when we look at the financial advantages that the Maltese state puts forward in order to attract foreign companies in the gaming industry. Simplified procedures, extremely competitive rates, here are some of the measures in more detail:
Redomiciliation of companies in Malta Act
A French company wishing to register in Malta will not necessarily need to incorporate in Malta and wind up its activities from the country of origin. Indeed, the Maltese legislation allows the redomiciliation as long as the former company remains in activity, from France in this case. The conditions to be met are:
- Incorporation documents and articles of association in order
- The company’s share capital valued at at least €1,165
Steps :
- Collect the required documents and submit them to the Malta Business Registry (MBR)
- Pay the registration fee according to the company’s capital
- Wait for a Provisional Certificate of Continuation to be issued
- Prove after six months that the company is no longer registered in France in order to obtain the final certificate
Participation exemption regime
An agreement concluded with the European Union has allowed the implementation of an advantageous tax regime for investors wishing to base their international activities in Malta. Thus, companies registered or resident in Malta benefit from low operating costs. A recent amendment highlights an exemption from income tax under certain conditions. Do not hesitate to seek advice from competent advisors to assess your company’s eligibility for this exemption regime.
Malta Gaming Authority
The Malta Gaming Authority is, as its name suggests, the authority that regulates the online gaming industry. It issues licenses, provides information to companies, enforces compliance with strict specifications, protects the vulnerable and the rights of players. The MGA is globally respected in the iGaming sector.
eGaming companies in Malta
Find below, in alphabetical order, some eGaming companies in Malta:
Betclic
Tagliaferro Business Centre, Sliema
Betfair
Level 2, Triq Kappillan Mifsud, Santa Venera, SVR 1851
BetConstruct
Diamonds International Building, Portomaso, San Ġiljan
Betsson
Betsson Experience Centre, Triq ix-Xatt, Ta’ Xbiex, XBX 1027
BetSocial
Dragonara Business Centre, 5th Floor, Dragonara Road, STJ3141, San Ġiljan
Bojoko
68, Triq ir-Rebħa Gżira GZR, 1324
BtoBet
Advance House Level 2 375 Manwel Dimech Street Tas-Sliema, SLM 1058
CaratCasino
Gaming Trading Limited, 21 Regent House, Triq Bisazza, Tas-Sliema SLM 1640
Cashmio
168 Triq It-Torri, Tas-Sliema
Casumo
The Unicorn Centre, Triq Il-Uqija, Is-Swieqi
Catena Media
Quantum Place, Triq ix-Xatt, Ta’ Xbiex, Gzira, GZR 1052
Dunder
The Unicorn Center, Triq L-Uqija, Swieqi, SWQ, 2337
Evolution Gaming
66-89, Triq Tigne’, Tas-Sliema, SLM 3172
Fortune Legends
56, Tower Road, Level 3, Sliema, SLM 1606
Gaming Innovation Group
Dragonara Road, STJ3141, San Ġiljan
Genesis Global
28, GB Buildings, Level 3, Watar Street Ta’ Xbiex, XBX 1301
Giant Gaming Group
Office 33 regent house, Triq Bisazza, Sliema
Good Game
68 Triq ir-Rebħa, Gzira MT GZR, 1324
Green tube
W Business Centre, Level 4, Dun Karm Street, B’Kara BKR 9033
Hero Gaming
Level 0, Spinola Park, Triq Mikiel Ang Borg, San Ġiljan, SPK 1000
iGaming Idol
Trejqa Ta’ Box Box Street, Elite Business Centre, Msida, MSD 1840
iGaming Platform
Sorrento Crt,, Triq Spinola, San Ġiljan
IziBet
Level 11, Portomaso Business Tower, San Ġiljan
Karmafy
Seaview – 4th Floor, Ix – Xatt Ta’ Qui-Si-Sana, Tas-Sliema, SLM 3130
Kindred
12-15 Triq Tigne’, Tas-Sliema, SLM 3172
LeoVegas
Triq Bisazza, Tas-Sliema
Matching Visions
Vjal Portomaso, San Ġiljan, STJ 4011
Multilotto
137 Triq Spinola, San Ġiljan
NetEnt
Spinola Park, Level 1, Triq Mikiel Ang. Borg, San Ġiljan, SPK1000
NetRefer
Level 3, Domestica Complex, Valley Road, L-Imsida, MSD 9020
PlayFrank
Triq Elija Zammit, San Ġiljan
Play’n Go
66-89 Triq Tigne’, Tas-Sliema, SLM 3172
SiGMA
Triq Judge Paolo Debono, Msida
Sirplay
Apt. 13, 148 Triq It – Torri, Tas-Sliema, SLM 1604
Stars Group
Spinola Park, Level 2, Triq Mikiel Ang. Borg, San Ġiljan, SPK1000
Tipico
Tipico Tower Vjal Portomaso, San Ġiljan, STJ 4011
Unibet
Fawwara Building, Triq I-Imsida Il-Gżira, GZR 1401
Videoslots
Ewropa Business Centre, Level 3, Suite 701, Dun Karm Street, B’Kara BKR 9034
This list is not exhaustive. There are almost as many iGaming companies in Malta as there are churches… You are bound to find one that suits your needs.