..

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

Sports Betting Competitiveness State-By-State Ratings (A Gambling911 Exclusive)

Sports Betting Competitiveness State-By-State Ratings (A Gambling911 Exclusive)

This analysis rates each state based on its ability to compete in the regulated sports betting sector utilizing current metrics such as product offerings/restrictions, remote/mobile access, retail reach as well as regulatory strangleholds, which could serve to hinder market growth.

Man Fatally Shot at Illegal Gambling Establishment

Man Fatally Shot at Illegal Gambling Establishment

A Long Beach, California man has died after being shot Friday at what is being called an “illegal gambling establishment” along the Pacific Coast Highway in Long Beach.

Gambling and Sports Betting News Wire - August 24 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Saturday August 24, 2019.

Gambling and Sports Betting News Wire - August 23 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Friday August 23, 2019.

Tony George Does Jay Kornegay: A Must See Interview With Two Industry Greats

Tony George Does Jay Kornegay: A Must See Interview With Two Industry Greats

Jay Kornegay Executive Vice President of The Westgate Superbook USA discusses the 2019 Westgate SuperContest,  the worlds biggest NFL Handicapping Contest which netted the 2018 Winner over $1.4 Million Dollars with Tony George on the Docs Sports Happy Hour Show. 

Syndicate