A fixed annual licenсe fee – €25,000; flexible taxation – 0. The Regulations also classify ‘other games’ under Part VIII of the Gaming. S. and thereby reduce the benefits of holding a Malta gaming licence. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. However, where such licence is granted to the holder of. Malta Gaming Authority — The Malta Gaming Authority provides B2B and B2C licenses and requires operators to adhere to stringent guidelines, including regular financial disclosures and robust player data protection. 01 to 583. Authority: The Malta Gaming Authority. The issuance of the license typically takes around 2-3 weeks. Curacao Sub-licenses are to be renewed until the beginning of 2024. Gaming License For B2C: Non- Refundable Annual Fee paid in advance upon the issue of license — €25,000. This Malta gaming licence is known as a B2C licence. Malta, through its diligent efforts and commitment to creating a balanced environment for both operators and players, has earned its reputation as a premier gaming jurisdiction. Advantages of the Maltese License: Gambling in the EU: Malta is a member of the EU, which gives one significant advantage: Malta is allowed to engage in gambling activities not only under a Maltese License, but also under a license from any of the other EU countries that are included in the list of “reliable countries” of the Malta Gaming Authority – MGAMalta Gaming Authority — The Malta Gaming Authority, or the MGA, was established in 2001 to oversee and control all gambling activities in Malta, including remote-operated casinos, sportsbooks, lotteries, and more. the largest EU i-gaming jurisdiction, Malta’s success in the i-gaming arena is undisputed. states by the end of 2021. Malta issues gambling B2C and B2B licenses for online games of chance and casinos of four classes: Class 1 – for casinos with forecasted outcomes and lotteries. remote, land-based or both, if applicable. Malta's success in online gambling is due largely to its legal environment. S. Malta (MGA) is another renowned licensing authority that provides a simple procedure for acquiring a licence. 583. Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. The Malta Gaming Authority (MGA) is responsible for licensing and regulating all forms of gaming in Malta, including Malta remote gaming license, land-based gaming, and national lotteries. €5,000. To get the MGA license, the companies need to showcase several things, including financial resources to fund the business, having complete. With many countries failing to regulate, or even recognize, gambling sites, it was one of the first authorities to offer legislation to offshore casinos , providing official. €5,000. There are a number of reasons why acquiring a Maltese online gaming license is a benefit. The jurisdiction has been providing this service since 2000. Revaz Tabukashvili Str. Maltese gaming licence the best solution to any operator. Upgaming, a leading iGaming solutions provider, has published its latest guide, "How to get Malta Gaming (MGA) License in 2023. On the other hand, the online. Player Hub. 000 to EUR 25. Acquiring a Gaming License in Malta . Lodging one is actually the easy part and we have provided a step-by-step approach below. 000. In order to receive such a license, the applicant needs to go through a lengthy application process, which in some cases, can take up to 18 weeks. Malta Gaming Authority. The legislator decided to focus on regulation and transparency, providing a strict approach to licensing and monitoring of gamingMalta, the EU’s smallest member state, is home to one of the world’s greatest gambling booms since Las Vegas in the 1960s. 583. starts here. If the applicants’ intention is to handle cash related to gambling, this is what they need to obtain. The streamlined and cost-effective process of obtaining a Malta Gaming License can grant you access to this extremely lucrative market in a matter of mere months. The New Gaming Act is. A police good conduct certificate dated no older than three months for each company owner and applicant. ”. Shareholders: 70% UK company, 30% Swiss individual. 2. MGA is one of the stricter jurisdictions. Class 2:- It is mainly tailored and designed for sportsbook operators. The Malta gaming license is a perfect match for well-established brands or big gaming companies looking for an EU home. Benefits of the Malta Gaming License. GameArt , a developer of high-quality HTML5 slot games for both online and land-based casino operators, is proud to announce its latest acquisition, which comes in the form of a Critical Gaming Supply. Greece Gaming Licence. Comparatively speaking to Curacao, Malta and the UK typically have greater license acquisition expenses. Submitting an application takes more time and is considered quite complicated. Firstly, the Malta Gaming Authority (MGA) is one of the most respected in the. These casinos have to adhere to strict rules and regulations regarding the way they operate, which makes them very popular with players. It covers slots, roulette, lottery and bingo, card games, slot machines etc. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. Introduction Current Outlook. DraftKings was just approved for a Controlled Skill Games License from the Malta Gaming Authority, which is the entity that runs gaming in Malta – a small island nation south of Italy. King Billy, known as the most award-winning online casino is another great place to gamble and be sure to get your winnings. Along with benefits, there are challenging moments like. Some of the biggest names in the industry are either located in or. Malta Gaming License company for sale Buy Casino License in Malta ☎️ +1 (888)-647-05-40 office@eternitylaw. A prospective gaming company seeking to obtain a license in Malta would need to apply for an iGaming license either to provide Business-to-Business (B2B) services or Business-to-Consumer (B2C) services covering the types of games to be offered. License Validity: A Malta Gaming License is usually valid for ten years, subject to periodic reviews by the MGA. Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. Class 2 – Remote license for sports betting. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. The Gaming Authorisation Regulations in Malta specify that to hold a licence the company must be established within the European Economic Area. After joining the European Union in 2004, the Malta Gaming Authority licence became one of the most popular jurisdictions for online operators. Currently, Classes 1 & 2 require a €100,000 minimum while classes 3 & 4 require a minimum of €40,000. The authority with carefully analyse, all the information related to what the gaming company will consist of; its management, directors, financing,. The B2B licence has provisions for the offered games; it doesn’t require licences for each class of game. In. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. Malta Gaming Authority. Advantages of a Malta Gaming License Tax Benefits: There is a 15% tax payable on any income generated from licensed premises with income over 75,000 euros. Information relating to the Compliance Contribution fee can be found in the Gaming Licence Fees Regulations (S. However, most operators go for it because. Secure business environment – iGaming is an important part of the Maltese economy. B2C Fixed Annual Licence Fee. However, only countries that do not ban online gambling can apply for a license in Malta. Buy Malta gaming license with the help of Smart Money experts | A turnkey casino | Unique HTML5-games development & 24/7 technical supportOnce issued, a Malta remote gaming licence is valid for a period of five years and can be renewed for further five year periods. In particular, the Application Fee in Malta is €2,330 and the Licence Fee equals €8,500. Similar to the Curacao license, the Anjouan Gaming License provides operators with a number of benefits. TaxHowever, under the New Licence Fees Regulations, Class 4 licensees will no longer be required to pay a monthly gaming tax, ‘Compliance Contribution’, for every operator they supply licensed in an EEA jurisdiction (other than Malta) or another jurisdiction. Class 2:- It is mainly tailored and designed for sportsbook operators. Only for United Kingdom. "Malta is an international hub for online gambling operators, vendors, and partners. What Is the Malta Gaming Authority? MGA casinos first came into being in 2001¹, when the Malta Gaming Authority – to give it its full name – was created precisely to regulate the online casino industry. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. CSB Group offers a "one-stop-shop" service to online gaming operators by assisting clients in setting up or relocating their gaming operation to Malta. And due to its incredible reputation for over 20 years, most gambling hubs from different. License Renewal application fee of 5,000 Euro. The applicant of this license must have a company in Malta, but it is possible to use servers located outside the country. The Malta Gaming Authority, an authority founded in 2001, is one of the most prestigious iGaming market regulators worldwide. Class 1 is a remote gaming licence suitable for casino-style games and online lotteries. 75%. Gaming companies in Malta account for around 12% of the country’s GDP. Remote gaming licenses have generated billions of dollars in tax revenue for Malta since 2004, but allegations that the Italian mafia laundered almost $100 million via the Maltese-licensed. Malta: The price to obtain a Malta gaming license there might range from €5,000 to €30,000, depending on the kind of license needed and the services that must be provided. Along with the UK Gambling Commission, the Malta Gaming Authority ensures that the casino companies are employing the best. Among other applicable obligations in this domain, such B2C licensees must undertake customer due diligence measures when. This is a fit for large market players who have the expertise and the appropriate capital. For instance, tax on betting activity is 0. Class 3 gaming license: for advertisers and promotion companies that operate from Malta. Non-refundable Fixed Annual Licence Fee for. The Gaming License Fees Regulations (SL 583. There are a number of reasons why acquiring a Maltese online gaming license is a benefit. B2C operators are charged 5% gaming tax on the gross revenue generated from Malta-based players. An online gaming operator can apply for two types of licences in Malta: a B2B (business-to-business) online gaming licence in which the services are provided to other businesses within the industry or a B2C (business-to-customer) gaming licence in which the services are being provided to the end user (the player):Malta Gaming Authority cancels license for Arabmillionaire Limited. The required share capital is 100,000 euros. Recognized authority and high reputation are the building blocks of its jurisdiction. The Malta Gaming Authority may decide to classify a game as licensable or exempt, as well as to determine whether a game is a skill game or a controlled skill game, with the latter warranting an ad-hoc licence, through rulings or other binding instruments. In comparison to Curacao, Malta has higher tax rates and license fees. Banking needs: To receive payment from their merchant account outside of the EU – SWIFT EURO. Each of the following licenses varies based on which gaming style it covers: Class 1 – Remote gaming license for online casinos and lottery-style games. Posted on: March 25, 2021. The following services shall each constitute a gaming service: a. Moreover, cooperating with banks and payment providers is more accessible with a Malta license. e. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. L. Malta Gaming Authority. The Malta Gaming Authority may decide to classify a game as licensable or exempt, as well as to determine whether a game is a skill game or a controlled skill game, with the latter warranting an ad-hoc licence, through rulings or other binding instruments. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. The Malta Gaming Authority (MGA) has cancelled the B2C gaming licence of Arabmillionaire after the online operator breached a number of regulations. Authorisation is defined as a licence, approval, certificate, recognition notice or similar instrument issued by the Malta Gaming Authority (MGA or Authority), authorising a person to provide a. TOP Rated. Malta. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. This is largely due to the government's loyalty to the gambling business and the presence of a gambling organization — the MGA. The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. €25,000. The regulatory framework applicable to both online and land-based gaming in Malta is consolidated into the Gaming Act (Chapter 583 of the Laws of Malta – "the Gaming Act"), and Subsidiary Legislation 583. CSB iGaming team provide guidance on the iGaming. Getting a gaming licence in Malta takes three to four months, and one needs to pay a pretty tidy sum, especially if one wants to get a Class I licence. The Malta Gaming Authority (MGA) is held in high regard as a regulator that balances firm enforcement of regulation with a pro-active approach to allow the industry to continue to flourish. By Gamblescope Research Team on Oct 12, 2022. Tax return is to be electronically submitted by 28 November following the end of the. 1 CHAPTER 583 GAMING ACT AN ACT to make provision for the governance and regulation of gaming services and products from and within Malta, together with all such activities and matters that are ancillary or incidental thereto or connected therewith, and for the establishment and functions of the Malta Gaming Authority. The new Legal Notice 409 of 2017 can be accessed from below. The company, renowned for its Type 2 Gaming Services license, has been left reeling as the. Only well-established, financially stable gambling companies can afford to apply for a Malta license. GBO Malta's licensing experts will supporting you to maintain your MGA license including bank accounts, dealers, add-on press everything that you need to start your Malta gambling economy We will assist you to obtain will Malta gaming license GBO has been helping companies obtain Malta Available Gaming Licenses since 2009, and. Our experts will help you to obtain a license. Tbilisi. Player Protection - Malta Gaming Authority. In comparison to other gaming jurisdictions, Malta’s gaming license fees are more affordable for licensees. Taxation. The Curacao gaming license is known for its affordability and efficiency, allowing operators to offer a variety of online gambling services under one license. The MGA permits the use of crypto within licensed gaming businesses in a regulatory sandbox. 5% GGR. It can be drawn into legal battles between a plaintiff and an online. L. €25,000. The Anjouan gaming license, on the other hand, is recognized for its straightforward and quick licensing process, making it an attractive option for those seeking a reliable yet cost. The National Betting Authority oversees Internet bookmaking. The Gaming Service licence is a B2C licence and is meant for those offering or carrying out a gaming service. Malta Gaming License Cost. The Malta Gaming Authority is hereby notifying AMGO iGaming Malta Limited (hereinafter the “Authorised Person) with this Notice of Cancellation in relation to its licence numbered MGA/B2C/163/2008, by virtue of the first proviso to regulation 12 and in terms of regulation 8 (1) (f) of the Gaming Compliance and Enforcement Regulations (S. Niji Narayan. This one works for operators who manage game elements that control regulatory records. Under the Remote Gaming Regulations, the Malta Gaming Authority may issue a business-to-consumer or business-to-business licence. These include blackjack, poker, and baccarat games. Who we are. The Malta online license comes with a whole host of benefits. GBO Malta's licensing experts will assist you to obtain your MGA license including bank accounts, merchants, software and everything that you need to start your Malta gambling business We will assist you to obtain your Malta gaming license GBO has been helping companies obtain Malta Online Gaming Licenses since 2009, and we can assist you. At the outset it would be pertinent to point out that where gaming services are being offered. Malta Gaming Tax: Compliance contributions. 12 and ‘Contribution Fees’. The Ajouan gaming license cost is approximately 17,500 EUR, encompassing a range of fees and expenses. 2019. It is considered prestigious to have a license from one of the largest jurisdictions within the European Union. Our Work. Gaming Malta is an organization that promotes Malta as a leading jurisdiction for gaming regulation in the local and international markets. GameArt is now a proud holder of the Malta Gaming Authority (MGA) Licence and can expand its business to MGA-licensed operators. The Ajouan gaming license cost is around 17,000 EUR, which includes the Annual Anjouan Gaming License fees covering initial setup fees and the required ISP service for compliance backups. Type 2: €100,000 - Encompasses fixed odds betting. The Malta Gaming License, more commonly referred to as the MGA license, is a coveted credential in the global iGaming scene. Malta is a small country with big economy and significant benefits for obtaining a gaming license. MGA Licensing Cancellations. Renewal Process: Timely submission of renewal forms along with the required fee ensures the uninterrupted operation of your gaming business. In addition, players who reside in Malta are also subject to a 5% gaming tax on any revenue. Following a six-month provisional permit, compliant operators may secure a 5-year license. The package cost is highly competitive compared to other online gambling licensing jurisdictions, and the Malta annual renewal fees are significantly lower than in other jurisdictions. Person will assist you to receipt your Malta gaming license GBO has are helping companies obtain Malta Online Gaming Licenses because 2009, and we can assist you in the application process to ensure a smooth and efficient experience. Navigating Gaming And Gambling Law And Regulation In Malta. The Malta Gaming Authority has run all the licenses since 2000, and they offer two types of permissions: B2C for online gaming and B2B. Acquiring a Gaming License in Malta . The revised Checklist builds on the previous version, however it omits any requirements that were inefficient or obsolete. and Evolution Gaming Malta Limited is licensed and regulated by the Malta Gaming Authority under license MGA/CRP/187/2010/01. Company industry: Online gaming. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. Malta’s gaming license is widely seen as the world’s safest license because of its demanding requirements. 2018. Rootz is based in. Gaming Tax ( 5% of the gaming revenue generated from the gaming service) Compliance Contribution (Refer to Fees Document)Malta’s gaming license. 06 - Gaming Compliance and Enforcement Regulations. Who We Are Careers. Also, there are 4 B2C types of licenses: 1 – gambling against the computer, so-called games of chance (online casinos); 2 – bookmaking; 3 – gambling between customers; The Gaming Authorisations Regulations provide that operators in both the online and land-based sectors require a licence when providing or carrying out a gaming service, or when providing a critical gaming supply from Malta or to a person in Malta, or through a Maltese legal entity, unless exempt. The world-renowned license gives online gambling platforms a nearly unrivaled level of legitimacy, but navigating bureaucratic processes is never smooth sailing. Malta Gaming Authority provides two types of licenses (B2B and B2C) for a period of five years. A Malta iGaming business to consumer License may be used in all countries that don't have any local prohibition on gaming or where a local license is available. It regulates most forms of gambling in its territory, including both land-based ( casino, amusement and slot machines, betting offices, fantasy sports, and lotteries) and online gambling services including B2C and B2B. Fun factor: Excellent -9/10: Free virtual coin gaming, strong social experience, choice of games. Malta Gaming Authority. According to some estimates, fees and taxation for interactive gaming activities are reasonable enough; however, they are definitely higher than in other countries. Malta online gambling license price is dependent on the class of license (B2B or B2C) and if it is B2C, then on the license types for services that are being offered. The Malta-based gambling operator becomes the third entity to see its. Author: GBO Specialist. There are a number of reasons why acquiring a Maltese online gaming license is a benefit. The Malta Gaming Authority (MGA) established under the Act is responsible for issuing gaming licenses, ascertaining that licensees are fit and proper persons to carry out the functions relative to gaming, ensuring that licensees comply with all of their license conditions and that games and gaming are kept free of criminal activity. GBO Licensing offers turn-key solutions,. Additionally, a key individual located in. According to the recent update from 13. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. For every euro of the remainder. Hence, if you pick an online casino licensed there, the chances are high you won’t experience any issues (though rarely it can occur even here, so reputation of a particular online casino still matters). Slot machine gaming: Licence for land-based slot machine gaming (AWPs) in gaming halls or restaurants and bars as well as virtual slot game licences. How to Get a Malta Gaming Authority Licence. To regulate competently the various sectors of the gaming industry that fall under the Authority by ensuring gaming is fair and transparent, preventing crime, and protecting minor and vulnerable players. Smarter business. The Malta Gaming Licence Application process is a lengthy one. Companies that are opening an iGaming business in Malta need to apply for a valid gaming licence, which is granted by the Malta Gaming Authority (MGA). Over the recent years, getting a Malta gaming license seems to be a priority for several new online casinos from all parts of the world. In Malta there are two different kinds of Maltese Online Gaming Licenses available, a B2C license or a B2B license. Share Capital requirements subject to the class of gaming license applied for. During the application process, the applicant must also provide an. The first annual license fee is $40,000, software inspection costs $15,000 and annual license renewal fee is $10,000. Anjouan table prices explanations. Like all other types of licenses, this one also has a non-refundable fee of £185, which must be paid via credit or. Navigate to the official Malta Gaming Authority Website. We hold our license with the Malta Gaming Authority (MGA). A gaming license in Malta can cost between EUR 10. The regulation of online gambling, which Malta first launched in 2004, remains one of the most widely recognized regulatory frameworks in the world. Who We Are. The MGA licenses several well. The ability to self-exclude. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. land-based. The B2C license is applicable to any entity that is offering, providing, or. Lotteries: Licence for the brokerage of traditional state lottery products (land-based and online); licence for the operation of charitable lotteries that have their draw results published no. 583. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. This anticipated regulatory shift, labeled “unavoidable” by Finance Minister Javier Silvania, resembles Malta’s gaming license model after our analysis. Operators that hold a Malta Gaming License are also not allowed to operate in jurisdictions that have been blacklisted by the Financial Action Task Force on money laundering (FATF). Company registration year: 2018 B2C – Gaming Service Licence License type: Type 2 Gaming Services Authorized by MGA Type 2 – games of chance played against the house, the outcome of which is not generated randomly but is determined by the result of an event. Gaming Licence Application. The Gaming Authorisations Regulations provide that gambling operations cannot be operated, promoted or sold by any person in Malta unless it is authorized to be operated through a licensed entity. As an increasing number of jurisdictions begin to. Licensee Hub. License type 3 is for peer-to-peer games, betting. The B2C Malta gambling licence is issued to gambling operators, such as online and land-based casinos that offer their services directly to players (customers). Malta Gaming Authority was established in 2001. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). The MGA has reminded British operators that if this is the case, there will be issues for their licence and the legality of their business in Malta. Some companies choose to have a UKGC licence, as well as a Malta Gaming Authority licence, but they don't need to have both licences. Any gaming service subject to the requirement of a licence, carried out from Malta, or to any person in Malta, is subject to a gaming tax calculated at the rate of 5 per cent on the. Overview. A class 2 license will entitle the holder for remote sports betting. Overview: In Malta, the term “game” in reference to gambling. The application fee for a new Malta online casinos license/remote gaming license in any class is EUR 2,330 and license renewal fee for a subsequent five year period is EUR 1,165. To obtain a Malta gaming license, an operator must meet strict requirements in terms of financial. Online gambling licenses from the Malta Gaming Authority are highly valued by operators, but getting one is easier dreamed of than done. Rm 7B, One Capital Place, 18 Luard Road, Wan Chai, Hong Kong. As Malta’s ‘one-stop-shop’ for licensing, it is the MGA’s duty to promote gaming in a safe environment and ensure the integrity of games and devices, while granting licences to providers and creating a regulated environment. In Malta, the iGaming companies setting up their operations are subject to a number of administrative fees, payable to the MGA. To be able to host their servers and platform for iGaming in Malta they will have to follow these (4) four Objectives technical guidelines from the MGA. Malta offers four different types of licenses. Compliance Contribution Fees: 1 License Class, a minimum compliance contribution of €15,000 which is capped at €375,000, with a percentage range from 0. Many companies favor a Malta gaming license. S. 583. Type 2: Fixed-odds wagering, where participants bet on the event's outcome against the casino. Malta gaming license Issued by the Malta Gaming Authority (MGA), for a period of 10 years. A gambling license is crucial for businesses wishing to operate in the gambling sphere. The MGA issues four licenses that differ based on the type of gambling vertical you wish to operate in. The new Curacao Gaming License requirements – a GBO analysis. Slots games are the main reason behind the springing up of online. The suspension came into effect on 31 January 2019. Curacao gaming license offers only one type of license to permit operators and software providers deliver sports betting, games of skill and chance. Malta is a global capital for online gaming. There should also be a paid-up capital of 40 or 100 thousand euros depending on the license class to ensure the solvency of the enterprise and the security of player winnings and deposits. com. B2B clients are exempt from gaming tax. The MGA has stringent licensing requirements and only issues licenses to operators. Our analysis suggests that this projected change, referred to as “essential” by Finance Minister Javier Silvania, is similar to the Malta gaming licensing system. 2023. Malta Gaming Licence Application Process – Remote & Land-Based. 11. The gaming industry has been expanding in Curacao since 1966. One-time, non-refundable Application Fee. This includes the Annual Anjouan Gaming License fees, covering both the initial setup fees and the required ISP service for compliance backups. com. Only the Curacao license stands above when it comes to prestige and fame. L. 583 of the Laws of Malta) and other applicable. MGA Licensing Cancellations. A Malta iGaming business to consumer License may be used in all countries that don't have any local prohibition on gaming or where a local license is available. The price includes two domains and one validator. Class 4 is a licence to host and manage remote gaming operations. In the case of a gaming service licence, i. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. In broad strokes, Class 1 licenses, encompassing a wide spectrum of gaming activities, tend to have higher application and annual fees. GBO Malta's licensing experts will assist you to obtain get MGA license including deposit accounts, merchants, books and complete that you need to start your Malta gambling business We leave assist you to gain your Malta gaming license GBO has been get companies obtain Malta Online Games Sales since 2009, and we can assist. At the outset it would be pertinent to point out that where gaming services are being offered to. Businesses that generate more than 5 million euros are not subject to this tax. T: +356 2557 2557. Zero GGR. Class 3 is a licence to advertise gaming in or from Malta. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. For every euro of the next €10,000,000. The Lotteries & Gaming Authority (LGA) is the organization responsible for regulating all gambling activity in Malta, including the issuing of licenses to online gambling operators. How much is a gaming license in Malta? Cost of a gaming license in Malta: The cost of a gaming license in Malta varies based on the type of license sought and the size of the operation. The term of registering for a Malta license is about 12 months; the license is valid for 5-10 years. The gaming industry has been expanding in Curacao since 1966. Regardless of name, this licensing jurisdiction continues as a global leader in online gambling regulation. Skip to content. How Much Does a Gaming License in Malta Cost The expenses associated with securing a gaming license in Malta are contingent upon the license category and the nature of your gaming operations. Large currency exchange firms opened their offices here, which was due to an increase in the loyalty of the. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. The yearly license cost ranges from EUR 10. BetDino loses gambling license in Malta. Online Casino. gaming, with an average of a hundred new applications a year and being the largest EU i-gaming jurisdiction, Malta’s success in the i-gaming arena is undisputed. With only a few seconds for a payout of well over the €100,000 mark, Redbet is without a doubt one of the finest bookies based and licensed in Malta. Submission of a package of documents to the MGA (Malta Gaming Authority), which includes a written application with a request for a permit, a business plan, information on founders and managers of the company, and other documents. To any new Online Gaming operator in Malta we can offer assistance and guidance during both the License Application process and the financial aspects of the licence. Smarter business. With its growing reputation and attractive features, it has become the industry’s most popular option. Malta Gaming Licence Application Process – Remote & Land-Based. 05 of the Laws of Malta) empowers the MGA to request any person. L. Class 1:- It is designed for operators who offer games of chance against the house. In October 2021, the Malta Gaming Authority (the "MGA") amended the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. It is considered as one of the largest online gaming jurisdictions and the most popular. 00%. com. Malta is the largest online gaming jurisdiction and the most popular location for operators that seek a license for their online gaming operation. Within 6 months of. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. Non-refundable Fixed Annual Licence Fee. Fees & Taxes. The B2C license The Malta Gaming Authority offers covers different games. Failure to do so means their licences can be revoked. Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. 05 - Gaming Authorisations Regulations. Here are a few examples of such activities. The Malta online gambling license is not for everyone but it is a license we suggest for established, multinational operators. Also, there are 4 B2C types of licenses: 1 – gambling against the computer, so-called games of chance (online casinos); 2 – bookmaking; 3 – gambling between customers;The Gaming Authorisations Regulations provide that operators in both the online and land-based sectors require a licence when providing or carrying out a gaming service, or when providing a critical gaming supply from Malta or to a person in Malta, or through a Maltese legal entity, unless exempt. Those looking to set up an online gaming business can choose. Class 2 – Remote license for sports betting.