Keeping Gamblers in Mind

Tonio Fenech, Malta's parliamentary secretary, officially launched the site which now joins the 10 percent of known and registered companies around the globe that are hosted by Malta. Along with receiving its official status from Malta, the site has also supported the countrys growing Internet gambling industry by employing 50 percent of its management team from within the country.

The policy decision was taken by the Maltese government just a few years back in order to move Malta into the forefront of the nascent industry of online gaming, and to create a regulatory system such that the companies, and thereby their customers, had the security of knowing they were covered and protected by an internationally recognized regulatory regime, said Fenech regarding the industry in Malta. This country has become an attractive base for such companies since 2002.

The Maltese government, during 2002, decided to establish a regulatory framework to support the sector. In addition, it secured the right for Malta-based and registered companies to trade right across the European Union. It seems that Malta is destined to remain a major base for online gambling and online gaming for many years to come. For online casinos fans, that is definitely extremely good news.