Many online casinos choose to get their license from the Malta Gaming Authority, also known as MGA, instead of other authorities because they offer excellent regulations. This is the reason behind the number of significant casino events that take place in Malta.
The country's financial and tax rules also make it the ideal location to base this type of business. With the European Union, gambling is taxed at a very high rate and is a significant cost to businesses in the industry, however in Malta tax rates are continuously low and regulations do not change often.