Malta and Gibraltar have emerged as unexpected giants in the online gambling sector, contributing substantial portions to their GDPs—12-13% for Malta and 25% for Gibraltar. Both territories recognized early the potential of digital gambling, established effective regulatory frameworks, and attracted major industry players. Malta streamlined its licensing process, while Gibraltar focused on attracting only the largest companies. Their proactive approaches have positioned these small regions as critical players in the global gambling industry, highlighting how innovative regulatory practices can redefine economic landscapes.
The crazy boom in online casinos for real money found fertile ground in these sun-soaked havens when other countries couldn't figure out what to do with this new digital frontier.
Gibraltar somehow controlling 60% of worldwide online gaming from its 2.5 square mile perch is akin to watching bantamweights dominate the heavyweight division.
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