Friday 21st November 2008

Achieving uncompromised success

iGaming companies relocating their business to Malta require a huge number of professional, management and support services, say eManagement l CSB Directors Herman Behr and Michael J. Zammit

Once a company decides to undertake business in Malta, eManagement l CSB can assist right from the start, by setting up the appropriate corporate structure for the proposed activities, walking the client through the gaming license application process and providing consultancy in relation to more practical issues such as finding suitable office space, staffing needs, and generally seeing to any other requirements that clients may have in respect of their Malta operations.

At eManagement l CSB the process begins with a period of consultation. First, the main objectives of the company are studied, together with an analysis of the games offered and the specific mechanics of the gaming transactions. On the basis of the proposed business model, eManagement l CSB can provide the client with sound advice and recommendations. eManagement l CSB seeks to take on a very practical and proactive approach in dealing with regulatory issues, particularly in view of the considerable experience that has been accumulated over the past years.

The company believes in maintaining a transparent and integral relationship with clients, giving them up-front guidance about all foreseeable regulatory issues and workable solutions to any specific issues that may arise in the course of the licensing process. Once it is clear that the proposed operation is potentially licensable, eManagement l CSB’s services move up a gear. This involves in-depth guidance through the licence application process, including the extensive background checks made on the client’s officers and beneficial owners.

The Lotteries & Gaming Authority (LGA), as the regulator, needs to know that the companies it licenses are run by individuals of proven integrity and good repute, and eManagement l CSB, as the service provider, is also duty-bound to identify all the individuals underlying each operation.The first stage of the licensing process has two sides to it. The first is the know-your-customer side described above. The second is an analysis of the business plan, to determine whether the operation would be viable and in-keeping with the applicable regulations.

The support offered to the newly licensed gaming operation does not stop here. eManagement l CSB’s team, composed of trained professional practitioners, qualified in the fields of law, business management and accountancy, provide clients with an all-round service including management and technical consultancy, company incorporation and secretarial services, fiduciary and directorship services, banking support services (opening accounts and arranging facilities), and also book-keeping. eManagement l CSB also assists by making necessary contacts with other service providers, including co-location and telecommunications providers, and liaises with real estate agencies to identify suitable business and residential premises.

Once the company begins operations, eManagement l CSB can also provide accounting and payroll services, regulatory consultancy, directorship and company administration services, and other business support services. Recruitment is also a particular area of expertise. The company operates the recruitment portal/agency VacancyCentre.com, which offers recruitment services for any sector, not just the iGaming businesses.

iGaming is well established in Malta now, with a strong yet practical regulatory regime; including regulation for the entire range of games possible, very competitive operating costs and a quality service infrastructure to support the industry. eManagement l CSB is a provider of Total Online Gaming Solutions, and strive to be personalised, professional and committed in its approach.

For further information:
eManagement l CSB Ltd
Vincenti Buildings, 14/19 Strait Street,
Valletta VLT 1432, Malta

tel: (+356) 2557 2244
fax: (+356) 2557 2255
www.emanagement-csb.com
mailto: malta@emanagement-csb.com

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