Published on the Malta Independant, issue Wednesday, 26th September 2010
Imagine, if you can, Malta voting not to join the EU (a Switzerland in the Med) while at the same time trying to attract multi-national remote gaming companies to host their servers and offer bets to foreigners. This would have been very difficult but, since accession, our EU membership provides a bedrock protection against barriers to trade. Online gaming in Malta has blossomed and is its pride and the envy of others.
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Published on the Malta Independant, issue Wednesday, 05 September 2010
While most European jurisdictions are waking up to the reality that nothing can stop Internet gaming, it transpires that a South African judge has just outlawed the sector. As a result, it is an offence for Internet service providers (ISPs) to facilitate online gambling, and for the media to run advertisements promoting Internet gaming. Read Article..
Published on the Business Today, issue Wednesday, 25th August 2010 The writing has been on the wall for a number of years that the Italians will do their utmost to compete with other gaming jurisdictions in a bid to win over the lucrative European market. In my opinion it is now close to succeed. Amid the bureaucracy of Berlusconi’s administration, emerged a refined and competitive set of gaming regulations which are expected to be of direct competition to other jurisdictions including us.
Published on the Business Today, issue Wednesday, 09 June 2010
Malta welcomes any rationalistion of the online gaming sector which is generating a generous contribution to its GDP. Finance minister Tonio Fenech speaking at a local gaming conference last month, revealed that over 250 active licenses are in play.
Published on the Business Today, issue Wednesday, 10 March 2010 With over 350 online gaming companies registered in Malta, it comes as no surprise that the other EU Member States may be envious of our success. What started as a feeble attempt in 2001 by the Gaming Board to slightly open the door for issuance of limited sports betting licences has slowly led to a full scale policy structure in 2004, paving the way towards full licensing. Read article..
Published on the Business Today, issue Wednesday, 10 February 2010 Malta has a nascent yet established industry concerning the online betting and casinos. In the past years this has been developed to become the envy of other EU states. With the enactment of the Lotteries and Other Games Act, 2001 this saw the start of a comprehensive legislative instrument thereby providing the necessary tools to implement effective regulation. Read article..
Published on The Business Today, issue 30th January 2008 There was a wintry wind blowing in central London right next to High street Kensington at the Royal Garden hotel where over 220 delegates made haste to attend any of two gaming conferences. London welcomes thousands of visitors during the third week of January for the International Casino Conference (ICE) at the massive exhibition centre in Earls Court.
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Published on The Business Today, issue 10th October 2007 Quoting the Times of Malta , the island is riding high on a crest of popularity amongst international operators looking for a remote gambling license. There are already 84 internet gambling operators licensed on the island. A letter of intent has been issued to 76 others and the applications of 36 companies are pending. Full Article...
Published on The Business Today, issue 19th September 2007 Online gaming has seen much turbulence this year. Not surprisingly online gaming companies have faced nothing but opprobrium particularly from cross-border challenges originated by state gambling monopolies eager to stem competition.
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Published on CNBC July Issue George Mangion, Senior Partner of PKF Malta & Co – an audit and business advisory firm – has been instrumental in establishing numerous iGaming companies on the island and has vigorously championed Malta as a “prime captive insurance destination.”
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It was a famous remark by UK ex-prime minister Tony Blair (a devout Christian) who compared the defeat of the European Constitution to the crumbling walls of Jericho in the biblical context. In his opinion it was the voters of France and Netherlands who were blowing trumpets around the EU city walls two years ago when they rejected the constitution. Full Article...
With the embargo imposed by US law, which outlawed the use of credit card for online gaming transactions, many consider that Europe is the main area of opportunity for operators in the short term. With the whole industry looking to the European market to drive growth and harness competitive advantage, now is the time for operators to ensure that they have a clear and unequivocal understanding of the exact legal situation across Europe.
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Published in The Times Business of the 5th April 2007 There seem to be a greater need for discussions following the uncertainty prevailing on regulatory issues among various European jurisdictions concerning remote gambling, including advertising, taxation, cross border sports betting, implication of VAT, abuse of monopoly powers and location of servers. Full Article...
Published in The Sunday Times of the 3rd December 2006 PKF Malta & Co. successfully participated and co-organised a specialised conference, last month, to deal with issues effecting the international gaming scene at the historical setting of Fitzpatrick Castle in Dublin. Full Article...
Published in The Business Today of the 22nd November 2006 PKF Malta & Co has certainly been active this year to promote Malta as a destination hub for online gaming. This year has seen PKF Malta & Co organising another successful conference in Munich on the possible effects resulting from a de-regulation of the German market. Full Article...
Published on Times of Malta on 02 November 2006 The Dublin gaming conference this weekend comes at an important time for international gaming - and at a time when around 100 Maltese-registered betting site are pondering how to react to the recent US prohibition. The conference is being organised by PKF Malta & Co and its partners at International Gaming Conference and Expo (IGCE).