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Online Casinos in general: Slots in Malta or Curacao?

Topic created on 20th May. 2018 | Page: 1 of 3 | Answers: 23 | Views: 5,350
winni4501
Rookie

Slots in Malta or Curacao?

20th May. 2018, at 10:47 pm CEST#1
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Evening,

i have often discussed with friends whether it makes a difference whether the Slot machines are licensed in Malta or Curacao.

At almost every casino the slots from Play'n Go or Quickspin are listed in Curacao. The only exception with Quickspin slots are Vera&John or

CasinoHeroes. Here they are licensed in Malta. Does it bring anything else for the casinos besides tax advantages? Are the slots exactly

as controlled as in Malta?

What do you think... Of course it is luck and you can always have bad luck when gambling...

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Anonym

Slots in Malta or Curacao?

21st May. 2018, at 09:05 am CEST#2
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According to a recent report in the SZ the slots in Malta are controlled by the mafia.
However, I can't say exactly how it looks in Curacao, but I suspect - there it will certainly not look any different.

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Anonym

Slots in Malta or Curacao?

21st May. 2018, at 02:16 pm CEST#3
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The report says that organized crime runs Online Casinos there to launder dirty money. But it doesn't say that Luigi with the hooked nose personally sits at BOD and always pushes away the third book. So in the worst case scenario, your casino winnings come from drug traff**king, contract killings or corruption. Not a nice thought.

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s****e

Slots in Malta or Curacao?

21st May. 2018, at 02:21 pm CEST#4
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Of course, organized crime doesn't cheat at the casinos they run.
Totally absurd thought.
Organized crime and cheating, tse......

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Knochen
Elite

Slots in Malta or Curacao?

21st May. 2018, at 02:27 pm CEST#5
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I actually trust organized crime not to cheat. The mafia has often had perfectly legal operations as a business model for laundering money. That's what money laundering is all about. That neither the tax office nor anyone else can dispute the money.

Of course, it is still not a nice feeling, I agree with Kanalmalocher. It is about time that Germany regulates the market, so that controlled providers can work from Germany. To my knowledge, this works quite well in the UK.

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Anonym

Slots in Malta or Curacao?

21st May. 2018, at 05:05 pm CEST#6
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Bone wrote on 05/21/2018 at 2:27 pm: I actually trust organized crime not to cheat.

Um, their business field basically consists of fraud, theft, prostitution, money laundering, extortion up to serious crime like murder and manslaughter. Tell me, did the sun not get to you today?

PS: In the other thread you have already shot the bird today.

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Anonym

Slots in Malta or Curacao?

21st May. 2018, at 05:06 pm CEST#7
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Apples? Pears? Germany? GB?

My dear bone:

We are talking about EU LAW and not GERMAN LAW!
The lack of control and tax obligations in Malta could be EXACTLY the reason why they all sit there!
GB is NOT in the EU and therefore does not have to accept "European Licensed" providers in their country! THEREFORE THEY CAN REGULATE THEIR MARKET! If Germany now comes around the corner with new regulation and the old taxes...... why the heck would any OC company settle in Germany??? They would only "enjoy" international competitive disadvantages here because of the high taxes and "market regulations". The only thing that could be tried in Germany would be to exclude the MGA-licensed participants from the German market (just like GB). This in turn would clearly violate EU law (free movement of services). THAT is the legal problem, which is present here! Otherwise a regulation would probably have happened long ago. The only way (okay vllt not the only, but one of the very few ways) to bring its own regulation on the way, would be first to leave the EU! (like GB just now)
Ergo: a regulate on the German market is not possible according to the current legal situation!


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Knochen
Elite

Slots in Malta or Curacao?

21st May. 2018, at 05:17 pm CEST#8
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So first, I was simply responding to a statement and not the entire thread. Secondly, of course GB is in the EU. The casinos are probably based in Malta for two main reasons. First, there is a European license there and second, you only pay around 5% corporate tax there. Leaving the EU would be a disaster for Germany, there is no one who benefits so much from the EU (I almost feel bad sometimes because of the injustices).

In Germany the state simply has a gambling monopoly and Germany is also always very slow when it comes to change. Eventually online gambling will either be banned throughout the EU or Germany will grab a share of it, it really is that simple. The market share of online gambling is continuously increasing year by year compared to state lotteries and casinos. The only thing that's stupid is Germany's backward politics, which likes to hold back progress and instead gets excited about the black zero.

I have nothing against a discussion about rights and laws and I'm certainly not the best informed, but that GB is part of the EU, you should already know.

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Anonym

Slots in Malta or Curacao?

21st May. 2018, at 05:24 pm CEST#9
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Knochen wrote on 05/21/2018 at 17:17: Leaving the EU would be a disaster for Germany, there is no one who benefits so much by the EU (I almost feel bad sometimes because of the injustices).

How exactly does Germany benefit from the EU? And what injustices to other countries are those supposed to be, please? Germany is the biggest net payer of the EU and vouches with our tax money for ailing banks or whole bankrupt states like Greece, Portugal, Italy or France. In return, German savers are "rewarded" with zero interest rates.

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Knochen
Elite

Slots in Malta or Curacao?

21st May. 2018, at 05:29 pm CEST#10
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I have now picked out the shortest video on this topic that I could find:



In very simplified terms, Germany borrows money from the ECB at 0% interest, lends it on and gets it back at 18%. In addition, the EU is a single market in which export is actually not possible, but Germany as the largest "export country" earns a lot from this situation. The economic growth in Germany goes to a large extent on the neck of the other European countries (of course also on subsidies in Africa, etc.)

Edit: If you really want to deal with the topic how Germany benefits from the EU, you will find a lot of statistics, studies and sources. If not, you will of course find arguments on the other side, albeit mostly populist ones.

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