Over time as legislation and rules have changed, online casinos have shifted away from their home countries and have become well established in countries such as Malta, Gibraltar, and many other big online casino hubs too, but what is it that has led online options to leave their home country and set up abroad, and is it something that’s likely to continue well into the future or will options revert back?
More favourable gambling laws – One of the primary reasons has certainly been around the laws and legislations that make online services accessible – the different locations tend to have more favourable consumer laws when it comes to offline and online gambling options, which work well for both players and operators as both are able to take advantage of the different rules that are more approachable. With lower taxes for the same reason too, it keeps costs down for the operators and often means that the return for both players and operators is higher too – given the changes being seen around Europe for different countries introducing new legislation and the lack of change in these locations means that these operators will certainly be more likely to stick around for the longer term.
A low barrier to entry – In countries like the UK, there’s a lot of red tape when it comes to registering an online casino and for independent or less well established names this red tape means a very long and often difficult process and can be off-putting, but for countries like Malta, Gibraltar, and others, there are fewer systems in place to prevent new operators from setting up shop and getting going and is often very easy for them to do so – as these countries are also EU member states, much of the documentation and such will already be in place with helps to smooth the process over further and allow for a more seamless transition – this will only become more of a prominent feature too as it continues to become more difficult for other western countries to have new options introduced.
With other big changes being made to online services on a regular basis including adjustments to payment options and adjustments to different play options too, these online platforms in other locations look to only grow further, and with the possibility of an expansion directly to mobile apps and away from just website based games too, these options could become easier for more players to access.