The process of applying for a Malta online gambling license is considerably more complex. For every euro of the next €10,000,000. Building SCM 02-03, Level 4, SmartCity Malta, Ricasoli SCM1001, Malta. Both countries have excellent conditions for obtaining permission. Non-refundable Fixed Annual Licence Fee. Also, you can buy a company in Malta with a gambling license. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. Gaming as a Priority Economy Sector 2. These regulations have been harmonized with European Union. All in all, if an online casino has gained a Malta license this means that players on the platform can enjoy secure, trustworthy, and fair sessions. Malta. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. Malta Gambling License Requirements. The information is constantly being updated by the MGA in order to keep the latest information readily available. The payments range from a few thousand euros for a modest B2B license to several hundred thousand euros for a comprehensive B2C license. Value-added tax (VAT) rates in Malta are 18% and 35%,. 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. 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. EveryMatrix is a member of the European Lotteries Association [2] and. This came in to force under the Gambling Act of 2005 and stipulates that anyone wishing to commercially advertise to or transact with customers for the purposes of gambling must carry a licence. Since 2001, Malta has provided a flexible and effective online gambling licence regime which has seen many of the world’s biggest remote gaming names flock to the island. by Roger A. For more information, you can also read our overview of online gambling jurisdictions. The Malta Gaming Authority, or MGA, is one of the most respectable gambling authorities that grant gambling licenses. A gambling license is crucial for businesses wishing to operate in the gambling sphere. According to data from the report, the number of active online player accounts registered with operators licensed by the Malta Gaming Authority (MGA) went up 8. In 2023, the Isle of Man provided 85 companies with a gaming license. Malta Gaming Authority is a widely acclaimed and well-known online casino license provider that opens the doors of the EU for iGaming operators, enabling them to smoothly run and operate their businesses inside the union’s member countries. — In Malta and the Isle of Man compliance requirements are more strict. The UK Gambling Commission (UKGC) accepts license applications for both offline and virtual casinos. In addition to sports and other events, poker, bingo, and other commission games also fall into this category. The Act consolidated all previous laws and regulations and provided for an overhaul in theThe Gaming sector is a dynamic and growing sector in Malta, and is regulated under the provisions of the Gaming Act (Cap. Under the Remote Gaming Regulations, the Malta Gaming Authority may issue a business-to-consumer or business-to-business licence. License type 3 is for peer-to-peer games, betting. For every euro of the remainder. The B2C license The Malta Gaming Authority offers covers different games. E-mail: registrator@spelinspektionen. Apart from that, if the license is international, its holder may work within other jurisdictions that do not prohibit such activities. 1999: Transformation to online gambling Malta transformed itself from a shipping port into one of the world’s largest epicentres of global gambling. It includes P2P (peer-to-peer) gaming, poker networks, betting exchanges, and game portals. Licensee Name 1x2 NETWORK MALTA LTD 21 Heads Up Limited ABRASERVE LIMITED AG. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. License provider – Malta Gaming Authority. 01 to 583. Application by license holder for approval of procurement of financial interest; Operators accustomed to coughing up the high licensing fees in the European market — for example, €25,000 for a single license from the Malta Gaming Authority — could find the licensing fees in South Africa to be a little more inviting. The 35% corporate tax rate reduces to as low as 5% after the distribution of dividends amongst shareholders. It's time to see the best betting sites in Malta and their bonus offers: Best Online Betting Sites 🏆. All gambling activities in Malta are regulated by the Gaming Act of 2018 . 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. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. Simba Slots is owned by ProgressPlay Limited, a company that is based in Malta. Relevant. L. All gambling activities in Malta are regulated by the Gaming Act of 2018 . Yes, you can, but you have to apply for a valid casino license. Despite stringent requirements, Gibraltar is an attractive jurisdiction in terms of gambling taxation. If the operator decides to provide gambling services only on the Internet, he will have to pay €200,000. Stable political and economic environment in the country. Licenses; Licence Number Licence Type Class Type. Curacao gambling licence is. SBSB has been providing various gambling services for over 6 years. Relevant Authorities and Legislation 2. The required authorized capital is 100,000 EUR. 5% of profits, while Class 3 and Class 4 licenses — 5%. mga@mga. To obtain a casino license, you must comply with all legal regulations. Revaz Tabukashvili Str. Its taxes are low: although the official income tax rate is a flat 35% when dividends are paid by trading companies to shareholders, these shareholders can claim 85% of the tax. S. Have a paid up share capital. Legal gambling in Malta requires that players are 18 years old. The Gaming Act brought with it not only a change to the license categories, but changes to license fees and gaming taxes, too. 10,000 euro. Gaming Licence in Malta with the Malta Gaming Authority (MGA) Malta – an alluring Mediterranean island state is one of the most popular jurisdictions for gaming licenses. [1] [3] [4]The company also has a gaming license in Malta. At this stage, the MGA carries out an in-depth procedure with the aim to decide whether the applicant will be granted a license. 5 billion ($27. Moreover, since Malta is a member of the EU, a Malta Gaming License will not be restricted in the EU as long as the MGA shows compliance to EU law. Even though it's considered the tenth smallest. Even during the COVID-19 pandemic between 2020-2021, the gaming sector contributed 12% to the GDP. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. You will be required to submit. – After obtaining the license, you must continue to adhere to Malta’s gambling laws and regulations. Stage №1. 2. In Malta, online gambling is regulated by the Remote Gaming Regulations (S. Malta is a prominent European region’s gambling jurisdiction and it is quite popular among Europ based online gaming industry. 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. In Malta, the iGaming companies setting up their operations are subject to a number of administrative fees, payable to the MGA. Among gambling entrepreneurs, Malta is known as one of the most trusted jurisdictions, providing a regulatory framework for such businesses of gambling as remote gaming, sports betting, amusement games, casino gaming, gaming devices, and various lotteries. If you have been thinking about how to get a gambling license in Malta, then…The Gaming Ordinance allows for a maximum of two machines to be operated in restaurants and bars, and a maximum of 12 machines per gaming hall. Type 3 – Minimum €40,000. Malta has worked hard to attract online gaming companies. 3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. The Malta Gaming Authority (MGA) is the regulatory body responsible for the licensing and supervision of all forms of gaming in Malta, including both online and land-based casinos. 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. They can also use the Maltese gambling license as a marketing tool to boost their casino’s image and status. com. It provides a high level of protection, safety, and security for players and. Class 2 – a remote betting licence for sports (fixed-odds) betting. The Malta Gaming Authority (MGA) has made changes to the Gaming Authorisations and Compliance Directive, further streamlining the requirements for online gambling operators in the country. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. Class 3 License: This category suits operators offering peer-to-peer. In Autumn, the island is a hot spot for tourist as there is no sultry heat with a water temperature that is comfortable for swimming. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. United Kingdom — Charges a low license fee, but 15% on tax revenues. 5 per. – The cost of building a full-fledged structure and obtaining a casino license in Malta starts on average from 80,000 Euros with a minimum monthly cost of 7,000 Euros. With his team he has obtained more than 20 licenses in Curacao, 8 projects in Costa Rica. Step 1 – Gather the necessary documents 2. Gambling license in Malta or Curacao – an urgent issue when opening a gambling establishment. According to a the latest MGA interim report published in July 2021. All Licenses are issued for one or two years and may be renewed on application, NBA can revoke or suspend a license in the event of failure to comply with the regulations under the “Article 24” of betting law 2012. Any person who maintains gaming at the licensee’s place of business within the City of Deadwood for use and operation by the public must complete a Retail License Application (PDF). The Licensee must pay a fee of EUR 30,000 For one year and EUR 45,000 for two years. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. The Malta Gaming Authority (MGA) is the regulatory body responsible for all online and land-based gaming in Malta. The regulations also set out the requirements that must be met by operators in order to obtain and maintain a license. Malta Gaming Authority issues four licenses, and it is in charge of controlling the fairness of a wide portfolio of online casinos that operate worldwide but are established in Malta. License type 2 allows online casinos, poker rooms and other similar games. Malta is one of the largest and most respected regulated gambling markets in the world. To do that, you need to submit an application in English, the copies of your company’s beneficial owners’ personal documents, a brief description of your professional background, criminal record. Before you start, check if your fundraising activities would be classed as a. 82-B/2014, of 31 December – Grants the Government the right to legislate on the Online Gambling and Betting Regime. The company, which is also involved in hotel and property operations. A gambling license is a permit that allows you to operate a legal gambling and betting business in the jurisdiction it has been issued in. Malta. Receiving an MGA permit is not an easy task, and in order to get a license, an applicant has to pass audits with strict Malta Gaming license. Overview. For over 20 years, the MGA has been regulating. 2 Specify: (i) the law and regulation that applies to the Relevant Products in your jurisdiction; and (ii) – in broad terms – whether it permits or prohibits the offer of Relevant Products to persons located in your jurisdiction. Its size depends on 2 factors: B2C licence type; gross gaming revenue for the calendar year. Currently, Classes 1 & 2 require a €100,000 minimum while classes 3 & 4 require a minimum of €40,000. Class 2 License: Tailored for operators who provide fixed odds betting and engage players in games of chance. The registration process includes the following steps: Payment of the. Due to its EU member status and low tax rates, betting companies flocked to put servers on the island and host online. Malta became the first EU member state to fully embrace online gambling by passing the Remote Gaming Regulations in 2004, and the Lotteries and Gaming. Curacao issues master licenses to holders that can then issue sub-licenses to online gaming companies. To obtain the right to operate gambling activities, the company must meet the following conditions: Officially register a company in the territory of the state in the form of an LLC. Though there are a number of issuing authorities, the Malta gambling license is certainly one of the most sought after in the world. It requires to pay a tax of Euro 4650 regularly for the next 6 months. The MGA offers both B2C licenses for organizing gambling activities and B2B licenses for providing gambling materials. How much is an online gaming license in Malta? Before submitting an application for the Malta license, operators are obliged to pay €5,000. The GCB offers a variety of gambling licences for different types of businesses, including online gambling licences, land-based, Sports betting, and Bingo licence. Gaming types shall be four, pursuant to the Gaming License . 1. 583 of the Laws of Malta) and other applicable regulatory instruments (hereinafter referred to as the ‘Regulations’). Leaders in this matter are Malta and Curacao. The UK Gambling Commission (UKGC) accepts license applications for both offline and virtual casinos. 6. Gambling Board – Tel: 010 003 3475 / E-mail: info@ngb. The Malta gaming license is suitable for startups with capital, or operators established in other jurisdictions looking for an additional gambling license. The Malta Gambling Authority ensures that the gaming sector has a positive impact on development in Malta, and advocates of responsible, and legit gambling. In order to work legally, you need to get a license. Getting a license in Malta, finding a staff, writing all documents and policies, opening bank accounts, renting an office in Malta. R. se. mga@mga. The Malta Gaming Authority acts in a similar way as any other national gambling regulator, by overseeing the activity of licensed casinos and gambling websites since 2001. A different license for game vendors and developpers Types of Malta gambling licenses. The Malta Gaming Authority (MGA) has been established in 2001 and now is the core legislative structure that provides control over the gaming and betting firms that are registered on the island. When submitting an application for betting, you must specify it as a type 3 game. The Curacao license is a perfect balance between the cost and quality. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). A company in Curacao is also attractive from a tax perspective, as there is no VAT and the income tax rate is only 2%. Mr. Malta Gambling Licenses. License types. Malta issues B2C licenses of the following four types: Class 1 – Games whose outcome is determined by a random number generator: casino,roulette. Altenar is licensed and regulated by the Romanian National Office for Gambling. We are able to issue new Curacao sub-licenses which will be valid until the beginning/ mid-2024. Similar to other onshore authorizations, the Malta gaming license price is costlier compared to οffshore authorizations. Unique opportunity to purchase Malta Gaming License. Malta is home to some of the world’s leading gambling platforms that have decades of experience. Player Safety - casinos with an online gambling license in Malta offer some kind of player protection whereas the Curacao gaming license is there as a place holder and nothing more. Only the Curacao license stands above when it comes to prestige and fame. An Anjouan Gaming License offers 0% GGR tax and 0% VAT on gambling businesses. The 2018 Gaming License Fees Regulations provide for: (1) a fixed license fee payable by operators yearly in advance and (2) a monthly variable fee (known as the "Compliance Contribution") payable only by B2C operators. mt or +356 2546 9000. Type 2: €100,000 - Encompasses fixed odds betting. 1. 01 - Responsible Gaming Fund Regulations (not yet in force) S. Obtaining a license in the UK is very expensive — the cost of it starts at about £25,000. S. Lots of highly qualified staff can be found in Malta. Operators must fulfill the authority's strict standards to get the Malta online gambling licence. Gaming Licence Application. 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. This includes oversight of the licensing process, and they are responsible for making sure that only operators that follow good business. Malta launched its iGaming license in 2002, and since then, it has grown to become one of the world’s leading iGaming jurisdictions, home to some of the biggest names in the business. 75%. As a result, Tipster Limited will no longer be able to carry out any gaming operations in Malta. the fees and taxation requirements pertaining to gaming licences, kindly refer to the Gaming Licence Fees Regulations and the Gaming Tax Regulations" 1 Application and Gaming Licence fees A non-refundable application fee needs to be paid in order for a gaming licence application to be considered as complete. Palasino in a separate statement said the Malta Gaming Authority awarded it a type 1 casino license on Nov. Maltese casino gambling license is one of the most prestigious and respected licenses in the world. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. Malta. Genesis Global Limited and Betago Limited lost their licenses in Malta after similar infringements last month. The reason is that a licensed casino regularly has its random numbers generator audited, and a compliance certificate is given based on the results of the examination. According to the latest annual ratings given by the World Bank, Malta is ranked 88th worldwide in terms of ease of doing business. Types of gambling licenses: Class 01 – Online gambling. Before announcing the intention to obtain a license to organize. LeoVegas Gaming Ltd. Class 3: This license is for operators who promote and facilitate gaming from Malta, earning only a commission. Maltese law permits both online and land-based gambling, and the following forms of gambling are catered for: amusement games, casino gaming, commercial tombola games. License renewal costs €1,500. 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. Companies enjoy the country’s low taxes and highly developed infrastructure. Licensee Name 1x2 NETWORK MALTA LTD 21 Heads Up Limited ABRASERVE LIMITED AG Software. org or call - 18005224700. Under the Malta law, holders of gambling licenses are permitted to offer both online and land-based gambling, such as. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. 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 required authorized capital is 100,000 EUR. For instance, tax on betting activity is 0. T: +356 2557 2557. 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. Bookmakers must pay 0. For B2C license holders, the amount is £85,000, regardless of their income. We will assist with obtaining licenses under the new regime, once the new regulation is announced. In the years since, Malta has emerged as the undisputed capital of Europe’s €24. Profit from your gaming site with little taxes. It was a fixed fee earlier. Choose the location for your casino. The required authorized capital is 100,000 EUR. The default gaming licence term, whether original or renewed, is of 10 years. The main reason for this is compliance with all the requirements of the Malta Gaming Authority, as evidenced by the license number MGA/B2C/394/2017, issued on 08. Entain executives have stated in the past that Ontario would be a new market for partypoker in 2022, but the AGCO has yet to issue an internet gaming operator license for the brand. 12, adopted under that law. There has been an animated discussion going on in the gaming business as to whether the time for gaming licenses from the Malta Gaming Authority has come to a close. Malta is an international hub for online gambling operators, vendors, and partners. Following the GGL, the Malta Gaming Authority (MGA) also suspended Tipster’s license in Malta. Currently, the MGA jurisdiction includes more than 180 countries worldwide. To obtain the right to operate gambling activities, the company must meet the following conditions: Officially register a company in the territory of the state in the form of an LLC. Brexit. Operators with a cross-licensing agreement with the British government can apply for a permit in the UK. Malta is one of the most desirable and profitable online gambling jurisdictions in Europe. The yearly license cost ranges from EUR 10. After obtaining a permit, operators are required to pay £35,000 (€39,000) every year. Malta Gaming Tax: Compliance contributions. Pass a background check. 4 types of gambling license in Malta. Many regulatory bodies in the world offer licenses to casinos and other gambling websites. 7. Vast opportunities in the spheres of banking, payment systems, and processing. If you seek the Malta Gaming Authority licence, this article will help inform you about the types of licences it issues, requirements, fees, the application process and benefits. In. L. L. 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 gaming service, gaming supply or a key function. Gambling Taxation. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. is a subsidiary of MGM resorts international. 03 - Gaming Licence Fees Regulations. It is not as famous as the UK Gambling Commission, Curacao Gaming Licence or the Malta Gaming Authority. 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. According to some estimates, fees and taxation for interactive gaming activities are reasonable enough; however, they are definitely higher than in other countries. In addition to sports and other events, poker, bingo, and other commission. 2. A license fee is €25 000, the price of application processing is €5 000. Malta-Licensed Casinos Reach Record Number of Online Players in January-June 2022. Benefits of the Malta Gaming License. Its ever-growing industry is attractive to entrepreneurs looking to establish their own online business, offering a range of gambling licenses, application processes, and costs that need to be taken into consideration. Szilaghi Consulting offers support to casinos, lottery operators, and sports betting companies as well as other entities active in the igaming and gambling market. Game Types; Licence Number Game Type Approved Service Providers Approved Vertical Approved; MGA/B2B/801/2020: Type 1 Gaming Services • Swintt Malta Ltd MGA/B2B/745/2019 • N-Serve Limited MGA/B2B/406/2017 • Evolution Gaming Malta Limited MGA/CRP/187/2010 • Evolution Red Tiger Malta Limited MGA/CRP/480/2018 •. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. License for rendering gambling service: Malta: Malta Gaming Authority: Critical Gaming Supply License, B2B: Romania: Romania National Gambling Office: Class II License E140490 (Live Games) Romania: Romania National Gambling Office: Class 2a License (RNG Games) Spain: Directorate General for the Regulation of Gambling:The UKGC has licensed over 300 online bookmakers and casinos, with over 3,000 licenses issued overall. For the attention of interested investors – Maltese gambling licensed company for sale. The gaming industry has grown exponentially; in 2018 alone, it generated over €2 billion ($2. Curacao Sub-licenses are to be renewed until the beginning of 2024. L. However, most operators go for it because. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. Malta’s licensing and regulatory framework was revised in 2018 with the introduction of the Gaming Act 2018. Generally, MGA falls under the hard. Class 2: Sports betting – 37%. 15% of revenue. There are various Gaming license types in Malta and one can choose to either apply for a B2C license or a B2B license. Another cheap gambling license option comes from Anjouan, which costs $25,000. For GGPoker, it extends the network’s geographic footprint and will make it easier to work with third parties already operating under a B2C Maltese license. Malta Gambling License 2022. A Malta gambling license enables businesses to run online gambling and gaming services lawfully inside the EU. Attempting to hold itself harmless, The Malta Gaming Authority monitors international media for any claims against online casino operators that hold a Maltese gambling license. Malta and Curacao are the top two license providers in the industry. com. Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. They offer operators four different gambling licenses. €5,600). za . The Group. Apart from the annual licence fee, the Malta Gaming Authority imposes a compliance contribution fee which is paid based on the licence which the operator holds. It is the duty of the Malta Gaming Authority. KSi Malta is a member of Morison KSi, a global association of leading professional service firms, established to meet cross-border accounting, auditing, tax and business consulting needs of clients. A Malta iGaming online gambling licence may be used in all countries that don’t have any local prohibition on gaming. [2]Subsequently, the MGA granted the gaming licence in July 2022, valid for 10 years. E: info@csbgroup. Company registration year: 2016 B2C – Gaming Service Licence License type: Type 3 Gaming Services Authorized by MGA. Curacao is the least expensive of the big 3 licensing options. The cost of the application fee in the jurisdiction of the Isle of Man is £5,000 (approx. After obtaining a document, operators are required to pay £35,000 (€39,000) annually. 1. Getting a gambling license there is not. To obtain license, you need to: submit application, pass the verification of the LGA. 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 from. Class 3 – a licence to advertise gaming in or from Malta (suitable for poker rooms and peer-to-peer gaming) Class 4 – a licence to host and manage remote gaming operations (this is essentially a B2B gaming licence) Horse racing and spread betting are the two types of. Enquire. In terms of the licences available in Malta, a gaming licence is available from the Malta Gaming Authority (MGA) for business-to-consumer (B2C) gaming operators; while a separate licence is available for business-to-business (B2B) (critical) gaming suppliers such as games resellers, aggregators and games suppliers. Malta. The gaming industry has been expanding in Curacao since 1966. Other gambling platforms built on the blockchain include Betstreak which obtained its license in Curaçao, Unikrn which was awarded a gambling license in Malta, and Quanta which is licensed in the. As a Malta Gaming License is recognised internationally, there are no barriers to entry in setting up remote gaming in markets that do not prohibit online gambling. The Maltese jurisdiction enables operators in the gaming industry to freely operate within the European market. Provides for slots, poker, roulettes, lotteries, etc. Regulator – Malta Gaming Authority. Ensure that your company complies with all the corporate requirements, including having a registered office in Romania, appointing a local representative, and fulfilling any. In addition to administrative fees as per the fourth schedule found under the Gaming Licence Fees Regulations (S. Including the cancelation of BetDino’s license, the MGA has revoked three gambling licenses so far this year. For any online iGaming business, obtaining a reputable gaming license is a top priority. 2018. curacao gaming license register holders can operate in all countries except the Netherlands, USA, and. Gambling Commission & License. licensed and regulated in the European Union by the Malta Gaming Authority: License number. 4. Before that date, the MGA representatives will tag the gaming equipment. Malta: Malta Online Gaming Licence Application (Video) 30 April 2021. “ [It] is a very important license to get in Europe. How to Obtain a Casino Licence in Malta: Step-by-Step Guide. This is a licence that all gambling providers who are based in or operate in the UK are required to have. The statistic displays the number of gambling licenses in Malta from 2016 to 2021. 438. PressEnter is operating its brands through BP Group Limited which is a company registered in Malta with company number C-52434, licensed and regulated in the European Union by the Malta Gaming Authority: License number MGA/B2C/203/2011. Like all other types of licenses, this one also has a non-refundable fee of £185, which must be paid via credit or. +995706070360. Malta Gaming Authority is one of the main licensing bodies for online casinos. The Curacao license is a perfect balance between the cost and quality. You will have to go through an in-depth due diligence process and provide a lot more documents. Over the past 20+ years, Malta has established itself as the pre-eminent European jurisdiction for remote gaming and gambling. Along with the UK Gambling Commission, the Malta Gaming Authority ensures that the casino companies are. Previously, those wishing to offer casino, betting and eSports would have to apply for several different licenses. Home; Malta Gaming License; Malta Gaming License. In 2004, Malta became the first EU Member State to introduce remote gaming regulations, pioneering new concepts in the i-Gaming industry. Highly experienced in launching gambling projects, Roman supports a wide range of international projects. C. Save time. If you choose several iGaming services, you’ll need to submit an extended application. 5% GGR. 1. Europlay-Malta will apply for a gaming license in Malta and aim to launch their casino services using the. 583. Tbilisi. 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. The Malta Gaming Authority (MGA) is pushing for the implementation of a new law aimed at safeguarding the country’s online gaming companies from international prosecution. €25,000. Share Capital requirements subject to the class of gaming license applied for. Therefore, a gaming license in Malta is a good choice for businessmen who have experience in the gambling industry and obtained licenses in other jurisdictions before. Online/Mobile/Digital/Electronic Media 4. However, where such licence is granted to the holder of. Contact Us. To do that, you need to submit an application in English, the copies of your company’s beneficial owners’ personal documents, a brief description of your professional background, criminal record. The verification and authorization procedure is the most complicated process for the owner of. The Subsidiary Legislation addresses various aspects of gaming operations, such as the. 1948: Malta National Lottery Off the back of an incredibly successful lottery activation, the first director of the Malta gambling department John Mifsud introduced the Malta National Lottery in 1948. See moreThe Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. Malta Gaming Authority (MGA) issued a warning to the gambling companies operating from the UK, bringing to attention that they need to make changes if they want to continue to hold a valid licence. the Gaming Act mainly regulate the attainment of a licence in Malta. Any questions regarding any of these actions are to be submitted to. For gambling companies, the most tempting factor about Gibraltar Gambling license is the low taxation system. Benefits of a Maltese gambling license include operating in an EU jurisdiction, favourable tax benefits (as low as 5% through the full imputation system), ease of doing business with banks and payment providers, and, of course, the prestige that comes with the Malta Gaming Authority approval. The United Kingdom. How to Get a Malta Gaming Authority Licence. There are 4 types of B2C Gaming Service Licence. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. Stages of Casino Licensing in the Jurisdiction of Malta. However, most operators go for it because. MGA is primarily a pioneer in the regulation of online casinos. 583. 83m) as it looks to boost growth across the company. Step 3 – Application process Malta gaming license cost Frequently asked questions. To obtain permission to provide online and offline gambling services, the operator will have to pay a fee of €427,000. 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. CSB iGaming team provide guidance on the iGaming Licence Types. [1] EveryMatrix supplies online gambling platforms, products, and software to online casinos, sportsbook operators, and state-owned or private lotteries. The cheapest options are $15,000 to $20,000, while the more respected licenses cost at least $40,000. 06),. There are two main types of Malta gambling licences: Business-to-Business (B2B) and Business-to-Consumer (B2C). Gambling licences are big news in the industry and the gold star is often seen as Malta’s very own Gambling authority, the Malta Gaming Authority. MGA License for Casinos Conclusion. The UK Gambling Commission accepts licensing applications for both online and land-based casinos. Recognized authority and high reputation are the building blocks of its jurisdiction. Including the cancelation of BetDino’s license, the MGA has revoked three gambling licenses so far this year.