New Legislation Shields Maltese Offshore Operators from Foreign Liability
The Maltese parliament has approved a bill, now signed into law as Act No. XXI 2023 Gaming (Amendment) Act, which provides legal protection to online gambling operators licensed by the Malta Gaming Authority (MGA). The legislation specifically aims to shield these operators from foreign liability.
We can help you obtain your Gambling License
Under the new law, Maltese courts are directed to reject and not enforce foreign judgments against Malta-licensed gambling companies that operate within the European market. This prevents other European countries from pursuing legal action in Malta against operators who target their respective markets while operating under a Maltese license.
Operators often rely on their Maltese licenses, citing the free movement of services within the European bloc. However, some European countries contest this interpretation, arguing that they have the authority to restrict Maltese licensed operators from targeting their customers, referencing a 2017 decision by the European Commission.
Despite these developments, certain operators continue to resist paying judgments issued against them in countries such as Germany and Austria, prompting international lawyers to initiate legal proceedings against them in Malta.
How can Szilaghi Consulting help you get your Online Gambling License?
Szilaghi Consulting can provide valuable assistance for those looking to start an online casino or sportsbook. Establishing and running such an enterprise can be challenging, and without expert guidance, operators may struggle to succeed. Our jurisdictional advisory services are designed to help operators choose the most suitable market and business structure for their needs and navigate the process of acquiring a license.
Szilaghi Consulting has been providing services to the online and offline gambling industry for over 19 years. We have helped our clients to make the right choices, realize their visions, overcome obstacles, and, above all, to succeed. We offer transparency and efficiency and we commit to always act only in your interest.
Our experience in obtaining online and offline gambling licenses differentiates us from the competition. Szilaghi Consulting can assist, from incorporating the company, creating fiscal and compliance structures, to obtaining the gambling license.
Our consultants invite you to schedule a consultation with us. We like to communicate with our customers, troubleshoot their problems, and offer solutions. We invite you to contact us today to discuss this with one of our agents. Let us help you take your business to the next level.
