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Online DFS in Malta
Until 2018, the market was unregulated, though operators were allowed to offer online DFS sites in Malta. Now, Malta is one of the few countries in the world and Europe that has legalized Daily Fantasy Sports. As a result, there are already several operators in the country.
|Is online DFS legal in Malta?||Yes.|
|Are DFS sites in Malta trustworthy?||Yes.|
|Can I deposit via PayPal/Neteller/Skrill?||Yes.|
|Do online DFS sites accept EUR?||Yes.|
Online DFS Laws in Malta
According to the Gaming Act from 2018, a game of skill is “an activity the outcome of which is determined by the use of skill alone or predominantly by the use of skill, but excludes a sport event, unless otherwise established by or under this Act”. In this way, Daily Fantasy Sports fall under this definition and operators may apply for a license Type 4, as stated in the Gaming Authorisations Regulations 2018.
The regulation of online DFS sites appeared as a natural consequence of the online market that was established in the country already. Moreover, there is a market with potential as sports have a long tradition among Maltese, most of which were influenced by British rulers. Unsurprisingly, then, football and rugby union are some of the most popular sports in the country and the top-leagues in Europe are followed closely by fans every year.
As an island, water is an important element of the population’s lives. National clubs are known for their quality in water polo and online DFS news sites report that the sport was responsible for the creation of the Malta Olympic Committee.
Online DFS Payment Methods in Malta
There are several payment methods available when depositing and withdrawing winnings. Of course, every money transaction must be fully transparent so that operators keep running safe platforms. Accordingly, the credit and debit cards of VISA and MasterCard are usually accepted. But there are also other alternatives, such as Skrill, Neteller or PayPal. For more information, consult the online DFS reviews directory.
Online DFS Sites Accepting EUR
Malta has one of the most progressive gambling laws in the world and its low taxes have attracted several operators. In this way, and as most of them are serving various European countries, it is possible to find online DFS sites accepting EUR.