Online gambling operators in Malta have attracted over 250 high tech companies which has catapulted the island's economy into the twenty first century. The fact that the independent tiny nation is a member of the European Union and thus subject to the
E.U. Treaty that guarantees its member states the freedom to establish and provide services within the Union has allowed these companies to flourish.

The Lotteries and Gaming Authority in Malta has a solid system that is a benchmark for the rest of the world in terms of regulating and controlling the activities of online gambling operators. The industry directly provides good jobs to over 2,500 people with the usual spin offs to commerce such as legal, financial, technical, and communication, fields. The infrastructure provides the necessary foundation for increased use of internet bandwidth which in turn creates a 'smart' economy.

Malta has been in the forefront of the intelligent revolution that is propelling other E.U. nations towards a balanced and sustainable economy. Britain, France, Italy, and Malta are the only countries that have wholeheartedly endorsed the new industry, with surprisingly positive results. Other nations such as France, the Scandinavian countries, Austria, Germany and The Netherlands have been reluctant to dissolve their state run monopolies and are resisting the future wealth that could be generated by an open and regulated standard system for the online gambling industry.
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Others nations like Finland and Denmark have regulated only parts of the market with this approach these countries are trying to have their cake and eat it too.
Estonia has started to issue licences and will open the market completely next year with Switzerland also considering plans to open the online casino market. Sweden, Norway, The Netherlands, Poland, Austria and Luxembourg, on the other hand have dug in their heels and said no to online gambling operators from other parts of the European Union. Online Bingo

Other member states are wrestling with the legal issues and have no firm commitment to complying with European Court of Justice and Treaty rules.
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Source: online-casinos