UK’s Loss is Malta’s Gain

September 15, 2007

Malta is celebrating the UK Gambling Act and thinks that it is the best thing that could have happened to online gambling in the UK. They were concerned when the Act was looking to be passed while Tony Blair was still in office, as it could have potentially have hurt their revenue source. However, since Gordon Brown has taken office, all fears have been put to rest.

See, Gordon Brown hates online gambling – he is completely against it. So he got the bright idea to tax the online casinos 15% of their revenue to be licensed in the UK. However, what he wasn’t planning on was the number of online gambling sites that figured they would just stay in Malta where they weren’t being charged that kind of money.

Online casinos and gambling sites are now flooding Malta with applications to be registered in their country, as they see that they are running out of areas that are friendly to them without charging them an arm and a leg. Many feel that Malta could easily become to online gambling what Macau has become to casinos.

Big name casinos like William Hill, Intercasino, Playboy and Virgin Islands are all clamoring to be a part of Malta, and want to relocate their online casinos and gambling sites to the tiny country. Those online companies that do not get accepted by Malta will search for other options, but Malta is definitely hot property today.



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