The question of a fifth casino license is being considered in Malta. Currently, Malta has four casinos: Casino Malta, Casino Dragonara, Casino Oracle and Casino Portomaso. A Request for Proposals (RFP) is underway for a new casino.
Malta published an RFP on a “concession to open and operate a casino in Malta” in the government’s official newspaper, the Malta Gazette. The country’s Privatisation Unit (PU) manages the process and all applications must be made publicly no later than noon on 7 April.
Facilitating the process
A number of deadlines are already in place to promote the process from now until then, including a March 1 cut-off date for any requests for clarification on the RFP. Responses to those requests will be sent by 17 March at the latest, allowing candidates only approximately two weeks to make their final submissions.
On its website, the PU said: “The Privatisation Unit, acting on behalf of the Ministry for the Economy and Industry, is hereby inviting Prospective Proponents to submit Proposals for the opening and operation of a casino in Malta.
Prospective Proponents are reminded that for the opening and operation of a casino in Malta, the Successful Proponent must, in addition to holding the Concession, also hold a valid Casino Licence issued by the Authority in terms of the Gaming Authorisations Regulations.”
European Economic Area
All proposals must come from companies founded and registered in the European Economic Area, and that company must be wholly owned by the organisation that wins the concession.
The casino would have to be constructed in a tourist area designated by the Malta Tourism Authority as such, but two particular areas are off-limits. There will be no casinos permitted in either Gozo or Comino.