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Crackdown on US Poker Sites confirms need for regulated igaming regime

Federal authorities in the US have closed down on three major US poker sites: Poker Stars, Full Tilt Poker and Absolute Poker, casting serious doubt regarding the future of the online gaming industry in the US.   Top US poker sites which continued to operate despite the  Unlawful Internet Gambling Enforcement Act (UIGEA) are now facing severe and possibly far-reaching consequences as a result of accepting deposits from US residents.

Conversely shares in listed gaming companies without exposure to the US market have rocketed overnight, with the aforesaid closure signalling an increase in their market share.

Malta remains an attractive option to operators seeking an igaming licence in a well-established, efficient and reputable i-gaming centre.  The  first E.U. member state to regulate remote gaming, Malta has asserted its role as a leading contenter in the igaming industry, winning plaudits for the flexibility and thoroughness of the  Remote Gaming Regulations (L.N 176 of 2004) combined with an attractive fiscal treatment applicable to Maltese licence holders.  To date, over 350 licensed gaming companies, including some of the most prestigious names in the industry, have enjoyed the protection afforded by the Maltese regulatory regime.  Continue reading Malta Remote Gaming Company

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