What Exactly is Igaming

Feb 10, 2021 IGaming

If we think about the modern day, it is largely defined of living our life on screen. This is reflected with our daily activities like video games, the way we communicate or the way we shop. Igaming is the online presentation of all the game of chance or commonly known as gambling. Something of value is bet on a certain outcome of an event or action. But while gambling has been around for centuries the advent of the Igaming industry is just recent. Today, the Igaming industry is the fastest growing segments of the gambling industry across the planet. Its revenues are reaching a high of 30 billion Euros. This is expected to keep on growing as more jurisdiction worldwide regulate and legalize Igaming. Igaming arrived in Malta in 2002, with the establishment of the gambling and lotteries industry now known as the Malta Gaming Authority. With this Malta started becoming Europe’s premiere licensing authority. It is contributing about 12% of the country’s GDP.