Key Takeaways
- Malta plans to target niche markets for its regulatory services.
- The growth of national gambling regulation is reducing the market for its regulatory products, so it must innovate to grow.
- The government announced a study into the prospects for creating a regulatory framework for social gaming.
- Other offshore regulators have similar plans, but the growth of national regulation looks unstoppable given the tax revenues on offer to governments worldwide.
A business breakfast in Malta was the presentation venue for the annual Economic Report by the Malta Remote Gaming Council, held earlier this month.
Against the backdrop of an environment where the European market for regulation is being eroded by the proliferation of national gambling regulation, Parliamentary Secretary Edward Zammit Lewis explained that the government intends to “continue strengthening the Maltese Gaming industry and Malta’s reputation based on a strong regulatory system.”
