The best casinos in Malta

Because of tax havens like Malta, the online gambling industry has been rapidly expanding in Canada, Australia and the US

Malta is attractive to online casinos because of its reasonable taxes, which do not eat into their profit margins. Many operators chose to move from countries where the industry is heavily taxed and regulated. Malta is one of the Eurozone's seven tax haven countries. Remote gaming operators pay a 35% corporate tax to the government, while Malta-based players pay a 5% gaming tax.

Because of tax havens like Malta, the online gambling industry has been rapidly expanding in Canada, Australia and the US.

Three of the most popular online casinos of Malta are as follows:

10Bet

10Bet is rated A+. When you make your first deposit at 10Bet, you will receive a generous 100% welcome bonus worth up to C$300. To get it, simply create an account and make a deposit of at least $15. You will then receive a 100% bonus on top of your deposit, meaning that if you deposit $100, you will be given $300 to play with. The bonus and your qualifying deposit are both subject to a 5x rollover requirement. If you got the maximum bonus, you'd have to wager $1,000 to be able to cash out.

BetWay

BetWay is great for live betting. It is available in 2 different languages, viz., English and Spanish. BetWay was established in 2006. Customer service at BetWay is among the best in the industry. Their staff consistently receives high marks from players. BetWay accepts 3 different currencies – euros, dollars and pounds. The minimum permissible deposit is $1. Deposits and withdrawals can be made via bank transfer, debit cards, credit cars and digital wallets like PayPal, Neteller & Skrill. BetWay doesn’t charge any commission on withdrawals.

Unibet

The biggest strengths of Unibet are its great software and reliable customer service. It is available in 5 different languages. Unibet accepts transactions in 7 different currencies. The minimum permissible deposit amounts to $5. Deposits and withdrawals can be made via net banking, e-wallets, VISA Card and MasterCard. Unibet offers a 100% cash bonus up to 25 euros. It also offers pro gambling tips to newcomers so they can further improve their gambling experience.

International experience

Now, let’s have a look at how online gambling has become a hugely popular phenomenon in the West:

USA

It is perhaps unsurprising that online gambling has become more popular in recent years, given the rise of digitalization across all industries. Many consumers around the world appreciate the convenience of indulging in mobile casino gaming from the comfort of their own homes. As a result, the global online gambling market surpassed $59 billion in 2019 and is expected to continue to grow. Sports betting and fantasy sports are the most popular forms of online gambling, with the fantasy sports market in the United States accounting for nearly $8 billion in 2020.

Australia

Following the recent shutdown of all non-essential services in Australia due to the worldwide Covid-19 pandemic, a study found a 67 percent increase in online gambling from March 30 to April 5, 2020. However, the other factor is the attractive bonus schemes. The casinos cater to the needs of their customers by having the most vivid gaming catalogues. Most of the best Aussie online casinos make millions in less than a week, thanks to the positive reviews they’re receiving. This is one of the most significant boosts to the Australian economy. If the current trend continues, it is expected that this sector will see an additional $2 billion in spending by the end of the year.

Canada

In terms of online gaming, Canada is largely unregulated. Therefore, many users should turn to reviews of real money casinos to keep their money safe. The Canadian Gaming Commission oversees overseeing the entire Canadian gaming industry, providing information and responding to any serious issues that arise. Individual provinces enact and enforce laws governing casinos, online gaming, sports betting, and other similar activities. According to the Canadian Gaming Association, the unregulated internet gambling market generates around C$1 billion in annual revenues, which are split fairly and evenly between sports betting, casino gaming, and poker. It is expected that as the government continues to loosen restrictions, the industry will keep growing.

Many aspects of our lives have been greatly influenced by the Internet. It has altered our shopping habits, work habits, and, of course, our gambling habits. What was once considered a sceptical practice is no longer the case. Every year, the online gambling industry expands and grows.

However, places like Malta have a special role to play here. Malta has successfully established itself as a major player in the gambling industry. The Maltese strategy to attract foreign gaming companies was a huge success. Sales of online gambling now account for 12% of all goods sold in the country. Similar trends have been observed in other places like Gibraltar and Costa Rica. So, as long as such tax havens are there, online gambling will continue to bypass financial obstacles.