For all those who know something about Malta's economy they
must have been told a hundred times over that Malta's economy
relies heavily on two sectors which, according to official figures,
jointly contribute to around 33% of the gross domestic product
(GDP). I am referring to the financial services industry and the
gaming industry. The latter accounts for 10% of Malta's GDP and
employs around 10,000 persons.1
Having over 400 licensees in possession of a licence granted by
the Lotteries and Gaming Authority,2 Malta is regarded
as one of the most popular gaming jurisdictions worldwide. Being a
key player in this industry, Malta is endowed with the
responsibility of ensuring sustainable growth of the industry and
protection to all players who trust their deposits in online
betting accounts. Malta should set a standard for all other
European jurisdictions to follow and provide a model of regulated
gaming based on best practices. Malta should ensure that its
regulations
