Positive Words From Maltese Chief 22nd January 2010
A recent interview of Reuben Portainer, the new chief executive officer of Malta’s online gambling licensing and regulatory body has revealed a very positive outlook for all the gambling operations that it looks after. The Lotteries and Gaming Authority of Malta has a very well regarded reputation of well liberalised regulation of online gambling and looks after more than 335 gambling operations that continues to grow.
Despite the slow down in the economy, the online gambling industry still continues to grow. Of the 335 granted gambling licences in Malta, 250 of them belong to online gambling companies, and contribute 19 million euros in gaming revenues for Malta. This figure is expected to grow with the gaming authority continually marketing it’s attractive gambling conditions and licences to be issued.