Malta Gaming Authority License
Malta was the first country in the European Union to regulate remote online gaming through a robust regulatory framework that covers all forms of B2B and B2C gambling. GamingLicensing helps all business entities obtain any of the four types of remote gaming licenses:
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Type 1:
Casino license
(all casino games, including live casino games, virtual sports, lotteries, and secondary lotteries)
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Type 2:
Fixed odds betting
(including live betting)
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Type 3:
Pool betting
(including betting exchange)
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Type 4:
Controlled skill games
Advantages of Malta Gaming Authority License
A license from the Malta Gaming Authority is one of the most prestigious ones in the business, starting with the fact that it’s issued by an EU member state, giving access to a vast market. Here are some of the main advantages of an MGA license:
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(01)Stable and renowned regulation
The MGA provides transparent and strict oversight, making Malta’s legal framework reliable for online gaming operations accepted worldwide.
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(02)Low tax
Malta charges only a 5% gaming tax.
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(03)Ease of banking
Open accounts in Maltese banks without restrictions, simplifying financial transactions for your gaming business.
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(04)Future-proof laws
With laws that evolve to embrace future trends like virtual currencies, Malta stays ahead in the online gaming sector.
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(05)Compliance with AML/CFT
Malta rigorously implements EU directives on anti-money laundering, ensuring your business upholds the highest standards.
Malta Gaming Authority License Requirements
All Malta Gaming Authority license requirements are outlined in the System Documentation Checklist created for applicants so that they can easily track their progress. With the help of GamingLicensing, you’ll have all the tools needed to meet the license requirements that entail:
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Detailed Business Plan
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Responsible Gaming Procedures
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Technical Company Policies and Procedures
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Key Technical Setup and Essential Components
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Operational Company Policies and Procedures
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Terms and Conditions
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AML/CFT and Onboarding Procedures
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Specifications of the Gaming System
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Sports Betting Integrity
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Contracts with Business Partners
Malta Gaming Authority License Cost
The total cost of a Malta Gaming Authority license depends on the type of license you are applying for. Here’s an overall breakdown per license type:
- B2C – Type 1 (Minimum €15,000; Maximum €375,000);
- B2C – Type 2 (Minimum €25,000; Maximum €600,000);
- B2C – Type 3 (Minimum €25,000; Maximum €500,000);
- B2C – Type 4 (Minimum €15,000; Maximum €500,000);
All licenses entail a €5,000 one-time, non-refundable application fee and a non-refundable fixed annual licence fee of €25,000.
How to Apply for a Malta Gaming Authority License/Application Process
The application process for a Malta Gaming Authority license begins with you contacting our legal experts at GamingLicensing. They will guide you through the entire procedure, which includes the following steps: