Where is Matla?
Malta officially the Republic of Malta (Maltese: Repubblika ta’ Malta), is an island country in the Mediterranean Sea. It is an archipelago located between Italy and Libya and is frequently considered a part of Southern Europe. It is located 80 kilometers south of Sicily (Italy), 284 kilometers east of Tunisia, and 333 kilometers (207 miles) north of Libya. The official languages are Maltese and English, and 66% of the current Maltese population is at least in the Italian language.
Malta has been inhabited since around 5900 BCE. Its central location in the Mediterranean has historically given it great strategic importance as a naval base, with a succession of powers contesting and ruling the islands, including the Phoenicians and Carthaginians, Romans, Greeks, Arabs, Normans, and others.
What is Malta Famous For?
Malta is a popular tourist destination known for its warm climate and breathtaking landscapes, which have been used as filming locations for major motion pictures. The archipelago is home to some of the oldest temples in the world, such as the Megalithic Temples of Malta.
The country consists of five islands: Malta (the largest), Gozo, Comino, and the uninhabited islets of Kemmunett (Comminotto) and Filfla, located 58 miles (93 kilometres) south of Sicily, 180 miles (290 kilometres) north of Libya, and about 180 miles (290 kilometres) east of Tunisia, at the eastern end of the Mediterranean Sea that separates Italy from the African coast.
Malta’s climate is typically Mediterranean, with hot dry summers, warm and periodically wet autumns, and short cool winters with abundant rainfall. The average annual temperature is in the mid-60s Fahrenheit (about 19 degrees Celsius), with monthly averages ranging from the mid-50s to the mid-80s Fahrenheit (about 12 to 29 degrees Celsius).
Ethnicity, Language and Religion
Roman Catholicism is the official state religion of Malta, but there is complete freedom of religious belief. More than nine-tenths of Maltese are Roman Catholic; moreover, only about three-fifths of these practice their belief.
The Maltese people, descendants of ancient Carthaginians and Phoenicians, as well as Italians and other Mediterranean peoples, make up almost the entire population of Malta.
Maltese and English are both national and official language of Malta and the European Union. Maltese occurred from the fusion of North African Arabic and a Sicilian language of Italian. It is the only Semitic language officially written inLatin script. English is used in schools as a medium of instruction. Until 1934, Italian was the language of church and government, and it is still understood by a large number of people.
In the spring and autumn, the weather in Malta is perfect. The warm summer months offer religious festivals and open – air musical performances to life in the villages. Choosing the best place to explore on this island can be difficult. These are some of the most popular tourist attractions:
- St. John’s Co-Cathedral
- Island of Gozo
- Popeye Village
- Golden Bay
- St. Agatha’s Tower
- The Parish Church of Mellieha
- Blue Lagoon
- The Mnajdra Temples
- Hagar Qim Temples
- The Tarxien Temple
Gambling Industry at Malta
Aside from tourism with over 300 licensed gambling companies on the island, Malta is well known for being the central hub for much of the world’s gambling industry. Aside from tourism Malta is well-known for being the global centre of the gambling industry. On the island, there are now approximately 300 licensed gambling establishments. The government has also granted at least another 200 licenses to gambling operators, the majority of whom are based in foreign countries.
The industry contributes more than $1.5 billion to the national economy, a figure that is increasing year after year. It provides jobs for local people and those on international visas, attracts great attention and investment from around the world.
Due to the abundance of gambling businesses, many Maltese people enjoy gambling and frequently visit land-based casinos or online casinos. Many tourists also visit the island’s gambling establishments, the most popular of which are Portomaso Casino, Oracle Casino, and the Dragonara Casino, which is housed in the famous Dragonara Palace.
The nation undoubtedly occupies a unique position in both the online and offline gambling industries. Malta is a popular destination for offline gambling or gaming at brick-and-mortar casinos. The nation offers a wide range of entertainment options, including numerous land-based casinos where visitors can spend an unforgettable evening.
Numerous players, particularly from Europe, travel to the gorgeous beaches of Malta and complement this sunny vacation with some casino fun. Malta definitely has it all.
Why Malta is followed in the whole Gambling Industry?
Definitely, Malta is not the sole place in the world with fantastic land-based casinos. Still, there is something that distinguishes Malta from the rest. Specifically, their laws and regulations are followed all over the world. This is because the Malta Gaming Authority has struck an excellent balance between allowing specific aspects of gambling and ensuring that players remain safe. As a result, many online casinos use the Malta Gaming Authority’s license.
Because the license is used by so many online casinos, many operators keep a close eye on Malta and its gaming rules and regs.
Gambling Events in Malta
Since Malta is so important and famous in the world of gambling, it’s not surprising that some of the most popular events take place there. Sigma Europe, one of the most important industry events, is one of the many popular options. It draws visitors from all over the world and is regarded as one of the most important networking events in the casino industry.
The fact that many of these events take place in Malta further solidifies its position at the top of the gambling world. It is easily one of the most important and powerful countries when it comes to gambling, both online and offline, and as long as Malta works towards this, it will not lose its position at the top. The country’s financial and tax rules make it an ideal location for this type of business to be based. In contrast to the European Union, where gambling is taxed at a very high rate and incurs significant costs for businesses in the sector, Malta has consistently low tax rates and few regulatory changes.
The Malta Gaming Authority (the ‘MGA’ or ‘Authority’) is the single, independent regulatory body in charge of all gaming activities in Malta, both online and off.
There are four sizable casinos in the tiny country of Malta. Three of these are in the St Julian’s neighborhood, close to Paceville, Malta’s nightlife epicenter.
Why do so many gamblers live in Malta?
The Maltese license has gained popularity among gamblers all over the world. Players would prefer gambling vendors with Maltese licenses because they offer a fair and transparent gaming experience. The outcome of RNG gaming must be determined by online casino controllers and their software providers (random number generator).
Why are so many online casinos based in Malta?
Malta has a major advantage over other countries in that its economy is not overly taxed and efforts are made to provide long-term, sustainable business opportunities. Compared to similar casinos operating in other European countries, these casinos pay significantly less to providers.
Best online casinos in Malta
- Jackpot City: Best overall
- MrGreen: Best game variety
- CasinoRex: Best for slots
- Casumo: Best for fast payouts
- LeoVegas: Most attractive tournaments
- CasinoLab: Best for blackjack
- Spin Casino: Best design
- Kassu: Best for progressive jackpot slots
- Casoola: Most generous bonuses
Malta online gaming stats
According to Joseph Cuschieri, chairman of the Malta Gaming Authority (MGA), the country is becoming “the jurisdiction of primary establishment for most operators within the [remote gaming] industry.”
Malta’s extraordinary progress in online gambling is largely due to online gaming regulations enacted in 2004. This law provided sports betting and casino websites with a clear framework within which to operate, allowing them to expand with confidence.
The size of Malta’s online gaming market
Malta’s position as a leader in internet gambling is impressive for a country with a population of half a million people. According to industry forecasts, the global online gambling market will be worth $94.4 billion US dollars by 2024, with Malta playing an important role. Because 10% of the world’s online gaming companies are registered in Malta, businesses there handle a significant portion of global revenue.
Online gaming generated an impressive 13.6% of the value of the Maltese economy, or roughly $2 billion in revenue, according to the MGA’s December 2019 interim report. Even during the pandemic, this remained at around 12% of GDP.
What kind of online gaming companies operate in Malta?
As of June 2020, the territory had 303 companies with online gaming licenses. There are four types of licenses:
- Class 1: Casino Style Games, Lotteries and Slots – 49%
- Class 2: Sports betting – 37%
- Class 3: P2P, Betting Exchanges, Skins, Tournaments and Bingo – 11%
- Class 4: Software vendors taking commission on wagers – 3%
Betsson, Tipico, and Betfair are among the major online gaming companies based on the island.
How popular is online gaming in Malta?
Online gaming companies primarily choose Malta as a base from which to enter the larger European market. Nevertheless, the local population (roughly 500,000 people) enjoys online gaming:
- According to the MGA, 56% of the population regularly engages in gambling activities.
- Every week, approximately 4,200 Maltese people engage in online gaming.
- Every week, the average gamer spends 49 minutes on an online gaming website.
- The 18-24 age group is the most likely to engage in remote gaming, followed by the 43-59 age group.
- Malta gambling player profiles
- The majority of players are between the ages of 25 and 35 (39.5%), followed by those between the ages of 35 and 54 (31.4%).
- The most popular payment method is debit card (40%), followed by bank transfer (31%), and e-wallets (17%).