The Ministry for Justice has recently announced that the Administrative Review Tribunal would be acquiring two new specialised panels: the first intended to hear cases relating to gaming, and the second intended to hear matters concerning digital innovation. The role of the Maltese Administrative Review Tribunal is primarily to review the administrative acts of any...
Issued on the advice of the Financial Intelligence Analysis Unit (“FIAU”), Legal Notice 430 of 2018 (the “Notice”) has introduced a series of constructive amendments to the Prevention of Money Laundering and Funding of Terrorism Regulations (“PMLFTR”). New Competent Authorities A foremost amendment is the introduction of the Asset Recovery Bureau and of the Commissioner...
Despite already being Europe’s central hub for online gaming, Malta continues to push forward and innovate, ensuring that it stays at the forefront of its competitors in providing the ideal home for gaming startups and established firms. A motion has been presented in Parliament for the first reading of a new Gaming Bill which will...
The Government has launched a consultation period for an overhaul of Malta’s gaming regulatory framework. The consultation period will end on 23 August 2017 and allows the public to submit its input on the proposal to repeal all the existing legislation and replace it with a singular primary Act of Parliament entitled the Gaming Act together with...
Fantasy sports games have been recently exempted from the terms of the Lotteries and Other Games Act and/or the Remote Gaming Regulations and will now no longer require a gambling license for legal operation in Malta. The change, enacted via Legal Notice 271 of 2016 and entitled the Fantasy Sports (Exemption) Regulations (S.L. 438.10), comes...
Legal Notice 131 of 2016 (the “Legal Notice”) introduces new amendments to Malta’s Remote Gaming Regulations (the “Regulations”) establishing new obligations on entities that are licensed in terms of the said Regulations. Article 46A of the Regulations states that specified casino-type games offered under remote gaming licenses issued by the Malta Gaming Authority (MGA) shall...
The Government of Malta has recently issued Legal Notice 225 of 2015 which brings into force amendments to the Highly Qualified Persons Rules. The Highly Qualified Person Rules apply a beneficial tax rate of 15%, on employment income derived in respect of work or duties carried out in Malta, to individuals holding a senior position...
The next edition in Misco’s series of networking events will be hosted on June 6 and will feature an interactive question-and-answer session with Chris Deering, former CEO and president of Sony Computer Entertainment Europe. Mr Deering helped engineer the sale of over 100 million PlayStation Consoles and over 750 million game discs. An industry spokesperson for European games...
A new scheme by means of which companies that commission a digital game as a marketing tool to promote their products or services online are entitled to a tax credit equivalent to 100% of the total subcontracted costs incurred, up to a maximum of €15,000, has been launched by Malta Enterprise. The scheme will be...
The Lotteries and Gaming Authority (LGA) has entered into a Memorandum of Understanding (MOU) on bilateral co-operation with the Isle of Man’s Gambling Supervision Commission. The MoU highlights the jurisdictions’ common values and delves into various other matters. The LGA and the Isle of Man’s Gambling Supervision Commission are working towards developing common responsible gambling measures...
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© 2022 – DAVID ZAHRA & ASSOCIATES ADVOCATES
Designed and developed by Blonde and Giant
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