MALTA HQ

4048

Experienced Member
Joined
Jul 20, 2017
Location
Malta
Malta is where the largest European license MGA has its headquarters.
It's also completely legal to run gambling companies here, and is an attractive place for people to move down and work, with its long summers and EU membership.
 

funnymunny

Sometimes here, always 'away'
webby
Joined
Mar 10, 2006
Location
Isle of Man, Macau or Vegas
Why is everywhere seem to have HQ in Malta
Not all are, but predominantly those that target European countries are.
It's the only .com Regulator that is inside the EU. (As IoM, Alderney, Gibraltar may be geographically in Europe, but they do not qualify as EU nations in their own right).

Does it have super low tax on high earning or something ?
Yep
 

LordSilver

Newbie member
Joined
Feb 7, 2018
Location
EU
Since Malta has allowed online gambling for so long, with beneficial tax rates, the companies have gathered there. This means also the staff has moved down there, so it makes sense to establish there as you can get hold of staff there.
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
Since Malta has allowed online gambling for so long, with beneficial tax rates, the companies have gathered there. This means also the staff has moved down there, so it makes sense to establish there as you can get hold of staff there.
I bet it is positively incestuous
 

LV BET

LV BET Representative
Joined
Feb 13, 2018
Location
Malta
Jumping in on this (since I'm also Maltese myself) :)

The reasons most gaming companies moved to Malta was due to a number of reasons -

First of all, who doesn't love a sunny island with beaches all around? :cool:
Secondly, I believe initially it used to be one of the best places to find people for operational roles as we were used to handling this kind of service before (just not for casinos).
Third, Property prices back at the start was quite low compared to the European average.
Bringing me to point number 4, since Malta had quite low national wages, when Gaming Companies came in, they could make a killing off paying a bit more to their staff, which meant staff would move here cause they could afford the rent comfortably and still live quite a decent life. (Sadly this is changing now thanks to everyone thinking that we all earn millions every month and change our Lambo's every time a speckle of dust lands on our wheels). :D
Number 5 - And this is the one that I'm not sure on how it works but I'll try - Apparently we have good tax rates because non Maltese companies can get tax rebates that lower the tax bracket to just 5%? Don't quote me on this, finance isn't my strong suit. :what::what:


giphy.gif
 

steveh35

Ueber Meister
Joined
Aug 25, 2010
Location
doncaster
I think after we leave the EU we could become a gambling haven we could set it up in Skegness or Clacton and we could rival Malta.
 

lotusch

A little mix of Dutch and Irish
Joined
Jun 3, 2013
Location
Dún Dealgan
Number 5 - And this is the one that I'm not sure on how it works but I'll try - Apparently we have good tax rates because non Maltese companies can get tax rebates that lower the tax bracket to just 5%? Don't quote me on this, finance isn't my strong suit. :what::what:


You should try Ireland,

We have beaches too and the wages here ain't bad either. :laugh::D
Also we harbor companies like Apple who own the people of this country a few billion in taxes but they do not have to pay them as the government has them on a "special" tariff just to keep them here.
 

LV BET

LV BET Representative
Joined
Feb 13, 2018
Location
Malta
You should try Ireland,

We have beaches too and the wages here ain't bad either. :laugh::D
Also we harbor companies like Apple who own the people of this country a few billion in taxes but they do not have to pay them as the government has them on a "special" tariff just to keep them here.

Have you seen the difference in Minimum Wage :)?

Speaking personally here and not as LV BET, it's a god send that we got iGaming companies here in Malta because they forced our minimum wages to rise. They're still nowhere close to Ireland, and you guys even have the good beer :(
 

Twin

Head of Casino
Joined
May 24, 2017
Location
Malta
Malta has attractive tax conditions for operators :)
That as well as being a sunny beautiful little island in great growth that attracts people from all over the world, makes it a great place.

Malta has since joining the EU, been the HUB in iGaming which has been one of their main focuses as well. This plays a factor as well. Commitment.

Kasper,
 

Conor@Trada

Moved on from Trada Casino
Joined
Jan 11, 2017
Location
Ireland
You should try Ireland,

We have beaches too and the wages here ain't bad either. :laugh::D
Also we harbor companies like Apple who own the people of this country a few billion in taxes but they do not have to pay them as the government has them on a "special" tariff just to keep them here.

Then again... rent/house prices are quite steep!
And if there's a single sign of snow, all of the shops run out of bread and Lidl start panicking.
 

steveh35

Ueber Meister
Joined
Aug 25, 2010
Location
doncaster
Then again... rent/house prices are quite steep!
And if there's a single sign of snow, all of the shops run out of bread and Lidl start panicking.
My friend and his partner are looking at properites in Ireland and have tried Dublin but being quoted 1300euros for a flat what other towns close to dublin can they try for cheaper rents Conor?
 

Harry_BKK

Dormant account
Joined
Dec 18, 2014
Location
Balcony
You should try Ireland,

We have beaches too and the wages here ain't bad either. :laugh::D
Also we harbor companies like Apple who own the people of this country a few billion in taxes but they do not have to pay them as the government has them on a "special" tariff just to keep them here.

Ireland is simply beautiful. I said at the time to my travel companion: "the sky is bluer than blue and the grass is greener than green" :D

Did a bicycle tour from Dublin down south on the coast and back via the countryside. Unforgettable experience for both of us.

But there is something that is very different to a sunny island in the Mediterranean. In Ireland you never know if the weather will stay dry in the next 30 minutes. It changes often so quick and when you are on a bicycle with no shelter in sight it means you are every day literally drenched at some point. :D :D Still loved the tour.
 

Conor@Trada

Moved on from Trada Casino
Joined
Jan 11, 2017
Location
Ireland
€1,300 is pretty good for Dublin IMO.
If they were to look at commuter towns/counties like Meath, Kildare, Wicklow etc, rental prices tend to drop dramatically.
As a rule of thumb, if it's in Dublin, expect to pay through the nose for it!
Some rental sites have single bedrooms being rented for upwards of €700 per month.
 

smart_croatia

Senior Member
PABnoaccred
Joined
Dec 12, 2017
Location
Croatia
Ireland is simply beautiful. I said at the time to my travel companion: "the sky is bluer than blue and the grass is greener than green" :D

Did a bicycle tour from Dublin down south on the coast and back via the countryside. Unforgettable experience for both of us.

But there is something that is very different to a sunny island in the Mediterranean. In Ireland you never know if the weather will stay dry in the next 30 minutes. It changes often so quick and when you are on a bicycle with no shelter in sight it means you are every day literally drenched at some point. :D :D Still loved the tour.

one of my bucket list is to visit Ireland with my wife and son, as you sad "the sky is bluer than blue and the grass is greener than green" i also think the same!!!
 

LV BET

LV BET Representative
Joined
Feb 13, 2018
Location
Malta
What? You dont? Whats next you gonna tell me there isnt a huge fire bell that goes of inside the offices when someone gets an bonanza bonus? :D

Due to budget cuts, we've now replaced that with the casino manager crying and moping. But don't worry, we're covered with LV BET Branded Tissues. (They're even better than 2 ply!)
 

dionysus

Good(w)ill Ambassador
CAG
MM
Joined
Apr 27, 2009
Location
the land of snow and maple syrup
Ya'll can come here - some places you can still buy 100 acres for under 100K and players enjoy nice tax-free wins. Gods know we have enough room; roughly the population of California and you can see the size of the country.

Of course, expect the power to go out every storm and you might want a sled dog or 12 to make it into the office :p
 

dunover

Unofficial T&C's Editor
Staff member
webmeister
PABnonaccred
PABnononaccred
CAG
mm3
Joined
May 22, 2012
Location
the bus shelter, opposite GCHQ Benhall
Ya'll can come here - some places you can still buy 100 acres for under 100K and players enjoy nice tax-free wins. Gods know we have enough room; roughly the population of California and you can see the size of the country.

Of course, expect the power to go out every storm and you might want a sled dog or 12 to make it into the office :p
How much would the lawnmower cost though? :eek:
 

Jono777

Ueber Meister
CAG
mm1
mm4
Joined
May 13, 2014
Location
Wolverhampton
Its also one of the reasons the UKGC changed the place of supply / place of consumption tax rule and so many casinos bailed for us :(

That sea in the video clip looks sooo soo nice but with no passport and a flying phobia, guess I won't be dipping my toes anytime soon :oops:
 
Top