Results 1 to 3 of 3
  1. #1
    Join Date
    June 18th, 2010
    Malta for Affiliate Company - suspicious?
    Hi, I have a friend who is in the US and does poker and sports betting affiliate marketing. His company was set up in Canada, but recently Canadian Banks have been cracking down on any gaming activity and fund transfers into their banks so he is forced to move his company. His lawyer suggested Malta because it is gaming friendly and he asked me what I thought. My one concern would be if US banks looked at Malta as a gaming jurisdiction and flagged wired coming in from Malta as being suspicious. Alternatively, perhaps the justice department has some program where they also flag/review payments from Malta. His monthly revenues can be in the 10's of thousands of dollars.

    Does anyone have any thoughts and knowledge about this?


  2. #2
    notary sojac Herb ԿԬ's Avatar
    Join Date
    January 18th, 2005
    Central/Western NY State
    internet gambling is not normally discussed here. be that as it may, Malta is a viable company for registration of an operator.

    However, the rules (UIGEA) still apply.

  3. #3
    Tax Paying Member
    Join Date
    November 14th, 2005
    Chapel Hill, NC
    Disregarding the gambling industry and focus on international money transfer..................Point is that any transfer of money in and out of the USA is likely to be recorded.
    You must climb this mountain. There is no elevator. ---- Don't stick your finger in the liquid nitrogen.
    Carolina China

  4. Newsletter Signup

+ Reply to Thread

Similar Threads

  1. Hello from Malta
    By rod in forum Introduce Yourself
    Replies: 0
    Last Post: April 23rd, 2014, 04:23 PM
  2. Company Store & Company Kids Closing Affiliate Program
    By leeann in forum Commission Junction - CJ
    Replies: 0
    Last Post: April 23rd, 2010, 12:16 AM
  3. Replies: 0
    Last Post: September 3rd, 2008, 11:59 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts