Malta gambling market volume increased up to €700 million
According to the minister of digital economy Emmanuel Mallya, Malta gambling market volume is estimated at €700 million. Hence, the gambling sector contribution in the country’s economy grew by 3.7% in 2015 compared to 2014 year.
Licensed gambling operators brought to the national budget €55.8 million in 2015.
Thus, it is expected to get it increased this by 1.6% to 56.7 million at the end of 2016.
The number of issued gambling licenses by local regulator has been also increased. 246 bingo games, 4 casinos, 269 online gambling operators got rights to operate on Malta in 2015. The number of licenses issued to the remote operators increased by 4%.