Malta the Next Macau of the Mediterranean

Written by:
Aaron Goldstein
Published on:
Mar/07/2013
Malta the Next Macau of the Mediterranean

It is already a major hub for online gambling sites.  Now Seeking Alpha’s Jonathan Yates has pondered the idea of Malta becoming the “Macau of the Mediterranean”. 

Cake-Square-010712.jpg

Macua is the largest gambling destination in the world and Yates believes Malta has the potential to some day achieve that coveted position, at least where the Mediterranean region is concerned.

From Seeking Alpha:

"Malta offers a combination of the best that Macau, Hong Kong, and Singapore have to offer to a company like Las Vegas Sands," remarked Ivan Camilleri, Founder and Director of Corporate Solution Limited, a Maltese company specializing in gaming and other business operations. He furthered that, "There is a sound legal and regulatory system that is very inviting to casino operators, particularly for I-Gaming. Malta is located at the crossroads of the Mediterranean with a financial system that has long attracted a great deal of capital from abroad seeking the most favorable jurisdiction. That is already starting to happen with the gambling industry, too."

Yates noted that Sands of Las Vegas just received approval to add another 200 gaming tables in Macua and that Malta could easily match or exceed that capacity. 

"Units like that could easily be handled in Malta," Camilleri noted. "It is already a world-class resort with a robust tourist industry infrastructure and highly trained workforce, especially for gaming operations.”

- Aaron Goldstein, Gambling911.com

 

Gambling News

Sites Like Draftkings Sportsbook - Alternatives

Sites Like Draftkings Sportsbook - Alternatives

Tired of Draftkings or just looking for a companion site to maximize value?  Below we feature Draftkings alternatives.

AAF Here to Stay With MGM Investing Heavily in Betting Technology

AAF Here to Stay With MGM Investing Heavily in Betting Technology

In its first week, the Alliance of American Football (or AAF) surpassed all expectations, posting impressive ratings its first night and ranking as the most downloaded app Sunday.  But the real focus will be long-term on sports gambling data and technology.

Former Top Cop Accused of Pawning Guns to Fuel Gambling Addiction

Former Top Cop Accused of Pawning Guns to Fuel Gambling Addiction

An attorney for fired Hallendale, Florida police officer Yan Kleyman, claims Department superiors were well aware of his client's gambling addiction.

This is How Media Companies Will be Transformed Into Sportsbooks

This is How Media Companies Will be Transformed Into Sportsbooks

Recode has spoken to a number of experts who offer a glimpse into the future of sports betting in the United States and how media giants hope to get a piece of the pie.  Drudge featured the link to this article prominently atop their page Friday afternoon.

Sinclair TV, MY LVTV and VSIN Partner for Sports Betting Broadcast Television Deal

Sinclair TV, MY LVTV and VSIN Partner for Sports Betting Broadcast Television Deal

LAS VEGAS  Sinclair Broadcast Group (Nasdaq: SBGI) and VSiN (Vegas Stats & Information Network), the first network dedicated exclusively to sports gambling, today announced a partnership that will bring sports betting content to broadcast television viewers in Nevada.  

Syndicate