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Malta – an attractive destination for online casino

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The main reason why online casino operators want a Maltese license is that it guarantees high security, fair play and responsible gaming practices. Malta has some of the strictest rules against money laundering in Europe, which means that casino sites with a Malta license are very reliable and transparent. The Maltese rules of the game are very liberal compared to other European countries.

Despite this fact, all forms of gambling must follow strict rules against money laundering maintained by the Malta Gaming Authority (MGA). This makes it a safe choice if you are looking for an online casino with a Malta license to play at.

The EU and the new rules of the game

From being a closed country for a long time when it comes to gaming, joining the European Union (EU) in many ways laid a solid foundation for an upcoming casino revolution. In fact, it was to a large extent the European law requirement for freedom of competition and corporate equal treatment that meant that casino companies established in one EU country were also given the right to offer their services in other EU countries.

In the mid-2000s, online casinos began to appear in earnest that either offered their services in English or chose to launch a special Swedish site for Swedish players. This resulted in the market being flooded with casinos licensed by Malta and EU gaming licensed. As some countries were more advantageous than others when it came to casino licensing, what is often considered a casino paradise arose.

Malta & Curacao were two countries that are often mentioned in these contexts. For a long time, casinos licensed from these countries were a given alternative. For Swedish players, the whole thing changed to a large extent when the new rules for games and casinos came into force on 1 January 2019.

These new rules mean that players who wanted to establish themselves on the Swedish market needed to apply for a Swedish license. It was a result of the political decision to abolish the gaming monopoly and at the same time make it mandatory for operators to apply for a Swedish license so that they would have a legal right to offer their services to Swedish players.

Something that is important to know is that it is not illegal for Swedish players to use foreign operators’ gaming services. The only thing that is illegal is if the operators specifically target Swedish players.

Many surveys have been carried out which have shown that safety and security are two of the things that Swedish players value most. A reasonable reason for this is that Swedes want to know in advance what they have to expect. But indirectly, one can also imagine that a lot has to do with the Swedish consumer regulation. As a Swedish consumer, you expect fairly comprehensive protection when it comes to open purchase, guarantees and similar security. However, this is not as given in an international context. Therefore, it is not certain that you as a Swedish player will experience the high level of consumer protection that you have become accustomed to.

Source: Plato Data Intelligence: PlatoData.io

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