Malta is the favourite destination for online gambling companies

Following the launch of the UK’s Gambling Act 2005 on September 1, many online gaming companies are shifting their operations to take advantage of geographical approval from the Government, according to Casinowire.

Malta has tax rates cut to 2.5%, comparing with 15 per cent of gross profits possible in UK. MaltaMedia News announces William Hill is transferring its online gambling operation from the Dutch Antilles in the Caribbean to Malta and the Gibraltar. The gambling giant said that the move allow it to conduct “business as usual”,  after new amendments to the United Kingdom (UK) Gambling Act 2005 were announced. Under the new amendments, which will take effect on the 1st September, only gambling companies based within the European Economic Area (EEA) or on a Government White list will be able to advertise in the UK.

Moreover InterCasino and InterPoker’s new gaming licenses in Malta, is a clear sign of the island’s move to solidify its position in the online gambling industry