The Opportunities And Challenges For Decentralised Gambling Platforms – The Malta Position

1. Introduction

1.1 Malta as a Gambling Jurisdiction of Choice

Throughout the past decade and a half, Malta has positioned itself in a unique regulatory and operation position within the remote gambling industry. Being one of the first jurisdictions to plunge into substantially regulating remote gambling, operators have flocked to Malta in the pursuance of legal certainty and legitimacy. From an economic point of view, the industry has worked wonders for Malta. In 2018 alone, the industry accounted for over 12% of the local GDP.

The immediate success of the industry and the allure of Malta has naturally faced competition over such a period, with other European jurisdictions seeking to tap into an industry. This is, perhaps, one of the best compliments which Malta, as a jurisdiction, could have received. It has kept regulators and industry professionals on their toes, as is evident via the 2018 remote gambling regulatory overhaul, and has ensured that Malta