Active players: 223.000
Regulated gambling products: Sports betting, horse racing, casino games, lottery, bingo
Operator types: Licensed online & land-based bookmakers and casinos
Designated authority: Malta Gaming Authority (MGA)
Malta is a small Mediterranean island, once ruled by the Knights Hospitaller, that has a rich history dating back to 5900 BC. It might be one of the world’s smallest countries; however, it is considered a giant in the gaming industry, as it was the first EU nation to regulate online gambling back in 2004. It is also home to the Malta Gaming Authority (MGA), one of the most prominent gambling regulators in Europe. The great reputation of the MGA along with the low tax rates and licensing fees led many betting companies to locate their headquarters there. Consequently, players are privileged enough to place their wagers on major international betting sites in Malta, such as Bet365, Betfair and Bwin.
Best Betting Sites in Malta
If you’re looking for a decent betting company Malta is the place to be. As a matter of fact, the following shortlist contains the best online betting sites that one can find in Malta. We selected them due to their high football odds, great variety of betting markets and appealing daily promotions.
Betting in Malta - 5 Things to Know
- 1 The legal gambling age is 18
- 2 The Gaming Act, 2018 regulates the local gambling market
- 3 The MGA is the country's licensing authority
- 4 All licensees are subject to a 5% tax on their GGR
- 5 Players’ winnings are exempt from taxation
Online Betting in Malta: The Law Framework
The first steps towards the regulation of online gambling in Malta took place back in 2000 when the Public Lotto Ordinance was introduced. A year later, in 2001, the Lotteries and Other Games Act was implemented and the Lotteries and Gaming Authority (LGA), or as it is known today the Malta Gaming Authority (MGA), was established.
The MGA was among the first regulators to offer legislation that monitors the activity of online gambling companies. In 2004, Malta became an EU member state and it also became the first country in the European Union to ever regulate online gaming.
Only a year after joining the EU, in 2005, the Remote Gaming Regulations came into effect and online gambling operators gained the opportunity to apply for one of the four types of licenses that were introduced. Online betting operators, in particular, became eligible for a Class 2 license.
The current gambling legislation, named the Gaming Act, came into force on the 1st of August 2018. According to its provisions, all forms of online gambling are legal in Malta. The small island country is considered a very attractive destination for international betting companies, due to the reputation of the MGA and to the low tax rates for operators.
All licensed bookmakers are obliged to pay a 5% tax on their GGR. The MGA is tasked with the issuance of licenses and the collection of gambling-related taxes. The Maltese regulatory body is also constantly updating a list of unauthorised operators.
Essential Information for Foreign Bettors Living in Malta
If you are a foreigner who lives in Malta searching for info around betting, then you're in the right place. Let’s begin by saying that in Malta, betting online is considered fully legal; provided that you are at least 18 years old. It is worth noting that your winnings are not subject to tax.
As for the documents you're going to need in order to register with a bookie or verify your account, bear in mind that a residence permit is not necessary. Simply use your passport and you're good to go.
In case you work for a betting company that is located in Malta and you’re wondering if you are allowed to bet online, then the answer is yes. However, we would recommend not to do it on the same bookie that you work for as it would be against the policy of the company.
The Most Reputable Betting Companies in Malta
Among the various betting companies Malta has to offer, there are some that really stand out. All three of the following bookmakers have a valid betting license and are considered very popular in the region.
Bet365 offers 35+ sports, with an average of 100+ betting markets on a daily basis. It is one of the top bookies when it comes to football betting, as it offers a 95%+ average payout and more than 100 markets on fixtures of the top 5 European leagues. Moreover, it provides players with a great welcome bonus, rewarding daily promotions and lots of deposit methods such as Skrill, Neteller and Paysafecard.
In Malta, Betfair is among the best football bookies as it provides 120+ betting markets on fixtures of major European competitions and 95% average payout. It offers very competitive odds on other sports too, both on its sportsbook and on the exchange. It is one of the best bookmakers in terms of live betting and daily promotions. When it comes to account funding, Betfair offers a wide variety of payment options, such as credit/debit cards and e-wallets.
Bwin welcomes bettors with more than 50 sports to bet on. The pre-match payout reaches an average 94%+. Football lovers will find 200+ extra betting markets at every match and 95%+ payout at the top leagues in Europe. The bookie offers a great live betting section with 1000+ events daily, a very useful mobile app and exciting promos. It also offers various payments, like Neteller, Skrill and PayPal.
Betting Malta: Deposits and Withdrawals
All the major gaming companies in Malta give you the opportunity to choose among a wide array of payment methods, in order to deposit funds to your account securely and in no time. The most popular payments are credit & debit cards, along with e-wallets such as Skrill, Neteller and PayPal.
Paysafecard is also very common and so is bank transfer. As regards withdrawals, bookies such as Bet365 and Betfair offer quick withdrawal times with payments like Neteller & Skrill.
The Future of Online Betting Malta
Malta is the online gambling hub of the EU, as many bookmakers have decided to move their headquarters there and obtain a license by MGA. This occurred due to the fact that the small Mediterranean island country has very low tax rates. Thus, it is considered a tax haven for gaming companies.
Online sports betting in Malta may not be very popular among locals. However, it is the favourite pastime of the expats who live and work there and those are the ones that keep on shaping the future of the local betting market.
Complete list of Malta Bookmakers
In Malta online gaming is considered fully legal and so does online betting in particular. The 2018 Gaming Act regulates all gambling activities within the small island country and the MGA is tasked with the issuance of licenses for online bookmakers.
Yes, William Hill Malta is one of the major international bookmakers that is fully available to bettors who live there. More specifically, it holds an active betting license by the MGA and operates legally within the country.
No, 1XBet Malta is among the international bookies that do not accept players who reside there. As a matter of fact, its website is not even accessible from the country. Furthermore, it is included on the list with the unauthorized betting sites issued by the MGA.
Online betting companies in Malta, such as Betfair, are fully authorized to offer both a sportsbook and an exchange to players who live there. This happens due to the fact that the MGA, apart from issuing licenses for online bookies, is also issuing licenses for betting exchanges.
Yes, Unibet is accessible from Malta and it accepts those who reside there. More specifically, Unibet Malta has a gaming license issued by the Malta Gaming Authority (MGA). Therefore it operates legally in the country.
Yes, they can. It is worth noting that Betsson Malta is one of the biggest betting companies whose operational headquarters are located in the small Mediterranean island country and of course it holds a license issued by the MGA.