Malta

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Acquiring a License from the Malta Gaming Authority: A Rigorous Process for High Standards

Securing a license from the Malta Gaming Authority (MGA) is an extensive process designed to ensure operators adhere to the highest standards of player protection and responsible gambling. As a reputable and respected regulatory body, obtaining a license from the MGA enhances an operator's credibility and trustworthiness in the online gambling industry.

The Malta Gaming Authority is responsible for issuing licenses to online gambling operators based in Malta. This article provides an overview of the licensing process with the MGA.

Advantages of a Malta License:

1. Legitimacy: A Malta gambling license is recognised as a legitimate authorisation for online gambling activities, enhancing licensee credibility and trustworthiness.
2. Reputation: Malta is a highly respected jurisdiction for online gambling regulation, and its licensees benefit from the positive reputation associated with the jurisdiction.
3. EU Market Access: Malta is an EU member, and a Malta gambling license allows operators to offer services to customers in other EU member states without requiring separate licenses for each country.
4. Taxation: Malta has a favourable tax regime for online gambling companies, with a 35% corporate tax rate and the possibility of refunds for non-Malta source income (reduced to 5%).
5. High Regulatory Standards: Malta's gambling regulatory framework is highly developed, with strict standards for player protection, anti-money laundering measures, and responsible gambling.
6. Flexibility: Malta permits licensees to offer various gambling services, including online casinos, sports betting, poker rooms, and lotteries.
7. Prestige: The Malta gambling license is highly regarded in the industry and is often seen as a mark of quality and professionalism.

License Types

The MGA offers four types of licenses to online gambling operators:

1. B2C (Business-to-Consumer) Licenses: B2C licenses are issued to operators offering gambling services to end consumers, divided into four categories:

• Type 1 License: For operators offering games of chance played against the house.
• Type 2 License: For operators offering games of chance played against other players.
• Type 3 License: For operators offering games of chance where the operator takes a commission from the stakes.
• Type 4 License: For operators managing remote gaming operations.

2. B2B (Business-to-Business) Licenses: B2B licenses are issued to operators providing gaming services to other B2C licensed operators.

3. Critical Gaming Supply Licenses: Issued to operators providing essential services to the gambling industry, such as software providers.

4. Gaming Service Licenses: Issued to providers of gaming services, such as payment providers, hosting services, and IT support.

Application Process

1. Setup: Engage with Global Gaming Solutions for MGA license application preparation.
2. Submission of Application: Apply for the MGA, along with required documents, such as financial statements, business plan, and detailed description of gambling operations.
3. Due Diligence: The MGA conducts a thorough due diligence process on the operator, including reviewing financial stability, business operations, and criminal history.
4. Issuance of License: If the MGA is satisfied with the application and due diligence, they will issue the license. The operator must comply with all license conditions, such as paying the license fee and submitting regular reports to the MGA.

For more information, contact us below or by email at info@globalgaming.solutions.