Online gambling bringing profit to Malta
10-13-2009
Very interesting articles issued on Internet gambling throughout the weekend came into view on Sunday in the Malta publication Malta Today.
Aj Thompson was being interviewed by the newspaper. Aj is the Chief Operating Officer of Malta-based gaming company Tain, who claimed that besides being excellent tax-paying corporate citizens on the Mediterranean island, the online gambling business gives the benefits considerably to the domestic economy via its employees spending.
Thompson showed official government figures that showed that the industry’s direct involvement in the form of taxes was around Euro 15.6 million. Though, the real contribution was somewhere close to or more than Euro 30 million if the domestic spending of well paid employees was contained in to the equation.
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