Casino News: Gaming Authority of Malta Awards its 250th License

Gaming Authority of Malta Awards its 250th License

 March 18, 2007, 11:04 pm (4 years ago)

A leading online casino firm in Malta has been awarded an online casinos gaming license. Lotteries and Gaming Authority of Malta has awarded this license. This company is the 250th company to be awarded a license. Parliamentary secretary of Malta, Tonio Fenech has officially launched the online casino site. 10 percent of registered online gambling companies worldwide have joined this online casino website. All of these online gambling companies are hosted by Malta.

This online casino is also playing a pivotal role in Malta’s ever increasing growing Internet gambling industry. This company is employing half of its management team from Malta itself.

Maltese government has taken this decision few years back to make Malta a pioneer place in online gaming field. Toni Fenech also added,” 'move Malta into the forefront of the nascent industry of online gaming, and to create a regulatory system such that the companies, and thereby their customers, had the security of knowing they were covered and protected by an internationally recognized regulatory regime”.

Since 2002, online casino companies found a solid potential for online gaming in Malta & started to establish several online casino companies. A regulatory framework was also established to support the online casino sector in Malta, during 2002. This regulatory framework also confirmed the right of various registered online casino companies to trade across Europe.

According to the present market trend, Malta will soon be a happening place for online casino games that gives ushers new hope amidst thousands of online casino players & fans.

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