How to gamble legally in Malta
I am sad to say that I have never been to Malta. I would occasionally place a bet with bet365, make use of the bonuses (if I’m good, I sometimes get a bonus code), look at the pretty colors and so on – all the while fantasizing about the climate, the people and the culture. Malta boasts a beautiful climate and beaches, along with a rich and enchanting culture. However, we are not here to talk about this today. Today, we will cover a topic that interests sharps who don’t want to jump through hoops just to get some definitive information – how a person can gamble legally in Malta.
Since the 90s, gambling has been tightly regulated in Malta, which isn’t to say that there is no legal gambling in Malta. Actually, nothing could be further from the truth, as there are tons of gamers enjoying their favorite pastime in this beautiful place. It is just that the gambling licenses are hard to come by, and are some of the most respected in the gambling industry.
In 2004, the Remote Gaming Act came to be and divided the licenses into four categories. The first one, Class 1, deals with casino games and skill games. Class 2 is needed if you want to run a business of fixed odds and spread betting. The other two are what concerns the gamer of today who is always on the go. Class 3 allows the business owner to promote and abet remote gaming, meaning it is necessary for those who wish to promote international gaming to and from Malta, whereas Class 4 is for business owners that want to provide management and hosting to remote gaming operators.
Bitcoin and other Cryptocurrencies
While gambling online and offline is legal, MGA, or the Malta Gaming Authority, does not allow gambling using digital currencies. Because of this, this action is illegal, though players will suffer few consequences, if any. Businesses, however, are liable to lose their license and, subsequently, go under.
Is Malta Different from other Countries?
Yes, but in a good way. While other countries can be somewhat squeamish regarding online poker or bingo, Malta readily welcomes these games, and provides its guests and residents with a safe environment, so that they can enjoy this classy hobby without worries.
Remember how we said licenses could be difficult to come by? Well, a good example of that is the fact that Malta has only four casinos. However, let us point out that the facilities in question have been praised again and again for their atmosphere and staff. Casino Malta is the newest one, so it has been getting some attention lately, but anyone who has gambled in Malta simply adores the Dragonara Casino.
To Sum Up
In short, you can play casino games in Malta. You can also place a sports bet. There is no need for you to actually be on the archipelago, since online gaming is okay as well, though it would be a shame to miss out on the travelling experience. Just don’t use Bitcoin, and you are all set.