Those interested in gaming in New Zealand may wonder why they should know about the Malta Gaming Authority which is located on the other side of the world. Malta was the first territory in the world to adopt a strategy and agency dedicated to attracting and regulating the Online gambling industry. Established in 2001, the many benefits of gambling with a casino or sports betting website based in Malta is the high level of oversight offered under an act of the Maltese Parliament.
NZ Casinos with License from Malta Gaming Authority
The reach of the Malta Gaming Authority is wide and sees many of the world’s leading casinos attracted to the small territory which was the first to provide Online gaming oversight to the industry. By racing to become the first territory in the world to legalize and oversee the Online casino and betting sector which has become one of the most important in the world. In fact, Malta’s gaming sector has become so popular and important to the GDP of the country that around 50 percent of the Internet bandwidth of the nation is taken up by companies in this sector. In terms of the importance of the sector to the economy of the nation, Malta sees around 12 percent of its GDP arrive from this sector compared to the average in the European Union of less than one percent.
The benefits of playing with a company linked to the Malta Gaming Authority are clear to see as the regulatory agency provides an effective way of protecting each player from dishonest practices. One of the biggest complaints of Online casino users is the inability of users to access their funds when they wish to withdraw their winnings. The Lamta Gaming Authority provides protection to secure all deposits and withdrawals to ensure the integrity of the transactions taking place.
Another advantage to using sites linked to the Malta Gaming Authority is the ability of the regulating agency to work with sites to secure their fairness and integrity. In effect, the Malta Gaming Authority works as an independent auditor making sure all players are given a fair chance at winning the games and bets offered. The Authority also acts as an investigatory force handling complaints from consumers who feel they have been unfairly treated by companies locating their service in Malta.
One of the most important factors for those looking for safe and secure gaming sites is to ensure those who are vulnerable or minors are protected from any link to gaming sites located in Malta. Maintaining the integrity of the companies operating out of Malta is the first step towards bringing success to the sector as a whole and to the industry located in Malta.