The Maltese courts will refuse to recognize and apply enforcement action by foreign betting and gambling regulators in Malta
MGA trying new things to get new customers apparently 🤸🏻♂️ They may not appear as reasonable as they were before by starting to shield casinos this way. What do you think ?
I'm not too surprised. The gambling industry is extremely important for Malta and they need to protect it. It's not only about the casinos that are officially licensed there, but also about all the foreigners and local working in the casino offices, rental property owners who ask high prices for the rent, because they know the foreigners can afford to pay for it etc.
The whole country is closely related to and dependent on the online gambling industry.
That's for sure. I guess that's not as simple as what's written anyway. But they gotta be careful not to upset local regulators though, if some casinos start being able to avoid prosecutions because of this... 🫠
I hope it goes well but that's still a significant signal from MGA.
Any proofs?
Hey there! Regarding..?
If I may, using the reply button may help you get the answer you seek. 😉 Use it anytime you want to respond to a particular post, quite handy, right?
Well you can click on the Source I linked if you want 😄 I would not throw news like this unverified. You can also directly check the MGA website for the Bill 55, even though it is explain in some law gibberish.
More in-depth article right from Malta if you want : https://timesofmalta.com/articles/view/malta-bill-55-test-eu-freedom-provide-services-principle-a2.1034892
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