The gaming industry in Malta continues to make waves, contributing a whopping 9.5% to the economy. In the first half of 2023 alone, it added a staggering €810.7 million to the Gross Value Added (GVA). And that’s not all – the sector’s overall contribution to the economy stands tall at 12.2%.

There’s more good news. Despite a challenging environment, the industry remains rock-solid. The Malta Gaming Authority (MGA) has licensed an impressive 335 companies, boasting a total of 345 gaming licenses. Plus, in H1 2023, the industry successfully generated €41.2 million from fees and taxes, showcasing its undeniable financial strength.

But that’s not the only reason to rave about Malta’s gaming scene. Casino visits have soared, with a phenomenal 26.0% increase in H1 2023 compared to the previous year. Age-wise, visitors aged 65 and above make up 31.5% of the total, with the 35-54 age group accounting for 25.7%. Various other age groups contribute as well, with 19.8% for 25-34 year-olds, 13.6% for 55-64 year-olds, and 9.4% for 18-24 year-olds.

Looking ahead, the gaming industry in Malta shows tremendous promise. Investors have identified it as one of the top sectors for the next five years, alongside tourism and leisure. Online operators are especially excited, anticipating revenue growth and increased employment opportunities. However, they must also contend with rising costs and regulatory challenges.

Sustainability takes center stage too, with ESG considerations gaining importance. And while global corporate tax uncertainty may have caused a one-year delay in implementation, emerging technologies and trends, such as NFTs and immersive experiences, are reshaping the gaming sector. The Malta Gaming Authority is at the forefront of supporting innovation, ensuring the industry’s outlook remains positive and continues its valuable contributions to economic growth and innovation.

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