Local casinos offer slot machines and live gaming. At present there are four licensed casinos. Although casinos are licensed by the LGA, the licence is conditional to a concession which can be only granted by the Government.
The first casino was opened in Malta in 1964 as Dragonara Casino. It was initially owned and operated by Government, but after a number of management changes, it was sold to a private operator in February, 1999. In 2010 a new concession was issued for Dragonara Casino. The Oracle Casino in Bugibba opened its doors in September 1998, while Casino di Venezia started operating in August, 2001.
In 2005 the LGA reformed the inspectorate of casinos. Casinos are now required to follow strict preset procedures and inspectors carry out routine and spot checks.
On the 28th June, 2006 The Casino at PORTOMASO launched its operations and became the fourth casino in to be awarded a ten year license to operate in Malta.