In recent years many igaming companies have been making the move to relocating in Malta. Malta has strategically positioned itself as a one of the best financial service centers in the whole European Union. This has really enticed and encouraged companies to relocate to the pristine Island of Malta. With its favorable location and climate, it is a good choice for companies’ employees in terms of relocating and raising a family.
Online gaming is a huge industry worth billions of dollars. They have experienced a boom in the last decade as they have really identified a burgeoning gap in the market. This gap is largely in the entertainment industry, catering for people who want to enjoy casino games online from the comfort and convenience of their own home. Companies, like 7Sultans online casino, have had to push innovation in their marketing and services provided as the market has becoming increasingly saturated. One way in which they have done that is by offering really good new player welcome bonuses for customers who are new to their site. Another way in which they compete competitively is by offering the best variety of online casino games in comparison with their competitors.
In Malta, the presence of the LGA (Lotteries and Gaming Authority) and the MGA (Malta Gaming Authority) add to Malta’s advantageous location. The MGA and the LGA have very beneficial regulatory framework set up that seeks to benefit not only the online gaming companies, but their clients too. Another attraction in Malta is their annual Summit of iGaming in Malta (SiGMA). This year, in 2016, SiGMA will be taking place between 16th -19th November. They encourage all digital gaming representatives, and industry suppliers and vendors to attend.
Malta has really shown a lot of growth in their hospitality to the online gaming industry, and while the partnership is fairly new, it has proven to be effective and mutually beneficial for all parties involved. SiGMA highlights what Malta has to offer to iGaming companies wishing to relocate their headquarters. This year they will showcase four informative conferences on sports betting, regulations, payments and affiliates. The content of these conferences have been informed by feedback from previous summits. SiGMA is redesigning the layout of the vendor booths too in order to make it easier for guests to move from one place to the next. Their goal is essentially to unite all actors in the online industry and facilitate networking, so if you are in the industry you should definitely look into attending this summit which promises to be phenomenal.
In conclusion, Malta has shown itself to be an international contender in the iGaming industry and is fast becoming the favorite location in the EU for companies to house their offices. The legislative framework provided in Malta is very favorable for the online gaming companies and presents many future prospects. Malta is so often undervalued for its business opportunities, but the annual SiGMA has shown that Malta is really on the rise.
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