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Upward Online Casino Trends

The online casino gambling industry is in a strong state of growth these days (and yes, that’s even despite the economic recession that plagued nations and industries all over the world) according to the new CEO at the Lotteries and Gaming Authority in Malta. Malta is one of the top five licensing jurisdictions for the global online casinos operating. Malta has a sterling reputation in the market for its high licensing standards and the small country is almost wholly reliant on the millions that the gambling industry brings in as a way to support the country’s economy. With that in mind though, Malta is pleased to announce that last year was a strong year for the licensing jurisdiction and that it continues to increase annual revenues and continually licenses new high quality internet casinos operating in the international market.

Malta has issued 335 licenses to deserving online casinos and gambling groups over the past several years and that number continues to grow as more companies enter the market and choose the respect and prestige of licensing through Malta. The licensing jurisdictions all vary in their requirements for licensing, and Malta’s standards are among the highest in the industry. Online casino sites seeking licensing have to pass a number of tests and are forced to comply with the stringent licensing regulations that dictate everything from open and transparent finances to honest gaming practices.

Malta’s new CEO, Reuben Portanier, is pleased to tout all of the great developments and positive growth in the online casino licensing jurisdiction. So much so, in fact, that Portanier is quick to mention that Malta representatives will attend the IGE and ICEi gambling conferences this year to interface with the gambling market and showcase the benefits of licensing through Malta.