For the nearly nine thousand individuals employed, gaming salaries range between €22 thousand to €60 thousand annually. Revenue forecasts project $94.4 billion by 2024, with the potential for global turnover to exceed the $1 trillion mark by 2026.įor Malta, this currently translates into a contribution from the gaming industry of 12% of the nation’s GDP. Other popular game activities include:Īccording to “Finance Monthly”, the global gaming business has been booming in recent years. Wagering on sports and online casino betting are the most prominent segments in this industry. In simple terms, iGaming is betting on the outcome of a game or event online. Here we will be discussing the operational side of the iGaming business in Malta, the gaming laws in Malta, and other factors which makes the island such an attractive place to start a business in the iGaming sector.
Now established as the industry leader in gaming, Malta is passing through an economic boom.
The island’s dynamic business environment is also complemented by Malta’s cosmopolitan Mediterranean lifestyle. This proactive approach has been supported by favorable tax incentives - particularly the tax refund system - which have led to innovation and substantial investment in this sector. In 2004, Malta was the first EU Member State to legislate remote (online) gaming.
