+995706070360. How does the Curacao gaming license compare to Malta? The Mediterranean island nation of Malta is another very popular jurisdiction for online casino businesses interested in getting a license. Only the Curacao license stands above when it comes to prestige and fame. To run an online gambling business, applicants should also have two additional certificates: a Key function and a Material supply. 2023. Commercial bingo halls. Cost of License Renewal: From £5,000 to £50,000, depending on the type of license purchased. Anti-Money Laundering (AML) - In the past Malta-licensed casinos have suffered some blows regarding AML, but they've have made significant improvements to remedy. The registration process includes the following steps: Payment of the. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. First gambling license issued – 2004. B2C Fixed Annual Licence Fee. Some jurisdictions, such as Curacao, offer relatively low-cost licensing options for online casinos, while others, such as the United Kingdom and Malta, have more expensive licensing regimes. The Group. by Roger A. All content herein is intended for audiences aged 21 years and older. Curacao Sub-licenses are to be renewed until the beginning of 2024. Malta: Malta Online Gaming Licence Application (Video) 30 April 2021. 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. License validity period: 10 years. After a casino licence in Malta is approved, an operator has to transfer the annual payment: €25,000 for permits of the first, second, and third types; €10,000 for certificates of the fourth type. An iGaming licence may be provided for any one or all of the. L. Fundraising, raffles, and lotteries are all forms of gambling and you must follow the rules for the type of lottery you plan to run, otherwise you may be breaking the law. However, our test will also take a closer look at a few points. An Anjouan Gaming License offers 0% GGR tax and 0% VAT on gambling businesses. Betway. Legal. 75%. Lunching 2023’s Curacao Gaming License: Curacao is advancing its gambling sector, planning to directly license operators from November 2023. The Malta Gambling Authority ensures that the gaming sector has a positive impact on development in Malta, and advocates of responsible, and legit gambling. Malta's hospitable government, thriving technology sector, and business-friendly environment have made it an attractive destination for online gambling operators and service providers. United Kingdom — Charges a low license fee, but 15% on tax revenues. Europlay-Malta is a rapidly growing gaming site targeting the German speaking market. 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. After receiving permission to conduct gambling activities, you must comply with a number of requirements. Location and Access: Dragonara Casino, nestled in St. If you encounter any issues while using this tool, or should you need further assistance contact us on info. All operations and gaming servers must be within Malta. According to the recent update from 13. Malta issues B2C licenses of the four following types: Class 1 – casino games and lotteries with guaranteed prizes. A gambling license is crucial for businesses wishing to operate in the gambling sphere. the Gaming Act mainly regulate the attainment of a licence in Malta. The Malta Gaming Authority sets minimum requirements for paid-up authorized capital for candidates applying for a gambling license in Malta, ranging from €40,000 to €100,000, depending on the company’s intended activities (casino operators, sports betting, poker, software vendors, etc. How to Obtain a Casino Licence in Malta: Step-by-Step Guide. 5 per cent on the gross amount of all accepted bets and 0. Malta’s primary source of gambling regulation was founded in 2001 as the Lotteries and Gaming Authority (LGA) but changed its name to. The gaming industry has grown exponentially; in 2018 alone, it generated over €2 billion ($2. Gaming license in Malta Malta is a small country with big economy and significant benefits for obtaining a gaming license. Their comprehensive laws, directives, and licensing norms ensure that all and even the new MGA casinos under them protect the interests of players. Gambling Taxation. Malta Gaming License and Reports. which grants power to the Malta Gaming Authority to issue licenses for both land-based and remote gambling activities. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. Malta Gaming License costs and fees. AE Malta. 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. At the end of 2020, the number of companies licensed by the MGA, including both online and land-based entities, stood at 323. The permit renewal fee in the country is also €5,000. “ [It] is a very important license to get in Europe. 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. The Curacao license is a perfect balance between the cost and quality. 1999: Transformation to online gambling Malta transformed itself from a shipping port into one of the world’s largest epicentres of global gambling. 2. E: info@csbgroup. The fee to apply for an online gambling license in Malta is €5,000. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. 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. 2/2020, of 31 March – Legal Framework for Online Gambling and Betting. When it comes to iGaming licensing authorities, this was the first country to issue iGaming licenses. 1. Business plan. The license cost is high compared to some other jurisdictions and the process is complex. Employees of gaming businesses, on the other hand, can enjoy reduced income tax rates and other attractive incentives. Number of licenses types: 4 (B2B and B2C) Average cost: €36,000. 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. The MGA was established in 2001 and has. The licence for the operation of all National Lottery games is exclusive and was last awarded to National Lottery plc in November 2021 for 10 years. Class 3: This license is for operators who promote and facilitate gaming from Malta, earning only a commission. Segregated operating and gaming funds (player account and company operating account separately); Regulatory data is made available to the authorities. 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. Among the many licenses that oversee several jurisdictions, the UK Gambling Commission and the Malta Gaming Authority are among the most. Malta has a long history in gaming legislation. 2. Gaming Licence Application. The Malta Gambling Authority (MGA) license is one of the world’s most prestigious, and enjoys recognition throughout Europe. These fees are determined by the operator’s annual income and license category. 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. It consists of 161 member firms, is present in 85 countries, employs over 10,000 staff, and has a turnover of over $1 billion. The MGA's B2B license, on the other hand, allows software providers to supply gambling materials to operators holding a Class 1, 2, or 3 license. Class 2 – Games the outcome of which is not determined by a random number, but an independent event. However, 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. 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. The B2C license The Malta Gaming Authority offers covers different games. Douglas, Isle of Man. Following the GGL, the Malta Gaming Authority (MGA) also suspended Tipster’s license in Malta. Gambling License In Malta. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. 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. MGA/CRP/137/2007 • Ezugi Ro S. Class 4: This license is for operators who host and manage other remote gaming operators, excluding themselves. Although there were questions to the regulator regarding delays of solving disputes between casino and player till 2015, though they. 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. players can request a land-based self-barring from either the Malta Gaming Authority’s premises in SmartCity, Kalkara, or from the Responsible Gaming Foundation offices. Obtaining a license for gambling in Malta. One major difference is that while a single license in Curacao covers every gambling activity under the sun, the Malta Gaming. L. Have a paid up share capital. Isle of Man. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. L. When the license application process is finished, the MGA grants the Licensee a 10-year gaming license. 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. €5,600). S. ComeOn online casino operates under the license issued by the Malta Gambling Authority, which means we are obligated to follow their strict regulations regarding the safety of our software and the information our users share with us. 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. In Malta, there’s a special agency called the Gaming Authority that takes care of all the gambling licenses which was established in 1968. License type 1 allows you to offer casino games, online lotteries and virtual sports betting. Tel: +356 2546 9000. A company in Curacao is also attractive from a tax perspective, as there is no VAT and the income tax rate is only 2%. ). Valletta is a capital of. Malta's success in online gambling is due largely to its legal environment. TMA, a Malta-based iGaming company founded in 2019, was among the earliest applicants for licenses since the verticals were legalized in Germany. In 2023, the Isle of Man provided 85 companies with a gaming license. Industry forecasts predict a global online gambling market value of USD $93 billion by 2023 and Malta is a key player. The cost of a Malta gaming license varies by category. Machine gaming is also subject to the Interstate Treaty and the respective state laws. 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 list may vary, but the minimum required are:This means that if you already hold a license from some other EU country, you don’t need a Malta gaming license in order to offer gaming facilities from here. 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. As well as KYC, all applicants have to provide references, letters of good standing, and complete a fit and proper test. L. Buy Malta Gaming Licence Malta Betting License for sale Malta Poker License Get a consultation ⏩ Call ☎️ +1 (888)-647-05-40 e-mail: office@eternitylaw. There are 4 types of B2C Gaming Service Licence. Gambling Commission & License. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. F: +356 2557 2558. All gambling activities in Malta are regulated by the Gaming Act of 2018 . Tipster Limited held MGA licenses MGA/B2C/191/2010 and MGA/B2B/694/2019. Malta was the first European country to regulate online gambling in 2000 and today, it issues several license types for Lotteries, Sports Betting, Online Poker, and Remote Gambling. Vast opportunities in the spheres of banking, payment systems, and processing. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. 50%. Malta Gaming License and Reports. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. Getting a gambling license there is not. It provides a variety of licenses, including B2C and B2B versions. Class 4 gaming license: for companies that host and manage remote gaming operations but are not themselves operators. The company is registered in the UK and is licensed by the UK Gambling Commission. Having a licence issued from the Malta Gaming Authority (MGA) makes it infinitely easier for a gambling-related business to partner with third-party services, deal with. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. To run a successful online betting site with a betting license from the Malta Gambling Authority, you need to obtain the so-called B2C license. License types. One of the cheapest online gambling licenses is in Curacao, amounting to only $21,000 to $26,000. 05 - Gaming Authorisations Regulations. 5% GGR. 583. The MGA was established in 2001 and has. Overview. The information is constantly being updated by the MGA in order to keep the latest information readily available. A different license for game vendors and developpersObtain Malta gambling license. Provides for slots, poker, roulettes, lotteries, etc. 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. Company Registration and Corporate Requirements. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. Types of Malta gambling licences. Genesis Global Limited and Betago Limited lost their licenses in Malta after similar infringements last month. 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. The Malta Gaming Authority (MGA) was formed in 2001 after the government passed the Lotteries and Other Games Act. Last April, it was reported that the gambling company had applied for a gaming license in Malta over fears regarding the status of Gibraltar after the UK leaves the EU. 04), which provide for the licensing of online gaming operators. Furthermore, a licensee for Malta gaming license (for B2B class) is subject to minimum issued and paid-up share capital requirements: Type 1 – Minimum €100,000. Stages of Casino Licensing in the Jurisdiction of Malta. How to Get a Malta Gaming Authority Licence. 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. 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. L. Zero GGR. Obtaining a license for gambling in Malta. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. You’ll deal yourself a fullhouse if you know how to use it right. Tax: 5% tax on revenue from Maltese players. Type 2: €100,000 - Encompasses fixed odds betting. License Renewal application fee of 5,000 Euro. curacao gaming license register holders can operate in all countries except the Netherlands, USA, and. 82-B/2014, of 31 December – Grants the Government the right to legislate on the Online Gambling and Betting Regime. License fees and taxation in Latvia. If the applicants’ intention is to handle cash related to gambling, this is what they need to obtain. Similar to other onshore authorizations, the Malta gaming license price is costlier compared to οffshore authorizations. Profit from your gaming site with little taxes. 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. The amendments serve as an update to wide-sweeping changes made in 2018, that saw the simplification of the gambling license application. After obtaining a permit, operators are required to pay £35,000 (€39,000) every year. The license fee itself costs €25,000 and the application process has a. Pass a background check. Licensee Register - Malta Gaming Authority Interested parties can search by licensee name, authorisation status, URL or Gaming Service. A Curacao gaming licence offers only one type of permit to operators and software providers for sports betting, games of skill and chance. 4 The provision of online lotteries is also allowed under Maltese law, and in this respect a remote gaming licence would need to be obtained. Currently, the MGA jurisdiction includes more than 180 countries worldwide. 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. Is Simba Slots Legit? Simba Slots is a new online casino that offers a wide range of slots games. To obtain a gambling permission in Malta, you should pay several taxes and obligatory payments. Unique opportunity to purchase Malta Gaming License. The Malta Gaming Authority (MGA) considers that the Gaming Authorizations Regulations (Chapter 583. A huge 10% of the world’s online gaming companies are registered in Malta, and so a significant portion of global revenue is handled by businesses there. b) Law no. RN/141/2019 • Push Gaming Malta Limited MGA/B2B/779/2020 • Evolution NetEnt Malta Limited MGA/CRP/109/2004 • LNW Gaming Malta Limited MGA/B2B/112/2004 • Microgaming Europe Limited MGA/B2B/139/2007. The Malta Gambling Authority (MGA) license is one of the world’s most prestigious, and enjoys recognition throughout Europe. According to some estimates, fees and taxation for interactive gaming activities are reasonable enough; however, they are definitely higher than in other countries. Non-refundable Fixed Annual Licence Fee for. It is not as famous as the UK Gambling Commission, Curacao Gaming Licence or the Malta Gaming Authority. Malta was the first EU Member State to provide services to gambling companies and is now the largest remote gaming jurisdiction worldwide. The Malta Gaming Commission offers four different license types that cover all possible areas of the gambling industry. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021. For B2C license holders, the amount is £85,000, regardless of their income. 4. 1 to 1. Malta Gaming License Cost. Comparatively speaking to Curacao, Malta and the UK typically have greater license acquisition expenses. Malta Online Casinos: How to get an Online Gambling License in Malta? Read along with us as we explain the process!With a booming economy and growing loyalty to betting, gambling licenses in Africa give many promising opportunities for investors. 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 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. These include the need for the operator to. com. 14. In addition to sports and other events, poker, bingo, and other commission games also fall into this category. 5 percent (the tax rate drops the more that the online gambling business earns) Deposit: None. They offer operators four different gambling licenses. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. Slots games are the main reason behind the springing up of online. Malta is, and has been, the European hub for i-Gaming for more than a decade. 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. [1] EveryMatrix supplies online gambling platforms, products, and software to online casinos, sportsbook operators, and state-owned or private lotteries. The Malta Gaming Authority is an online casinos regulator that has been on the market from 2001. Welcome bonus 100% match-up on deposit up to $30. [2] Betsson AB is listed on the Nasdaq Stockholm Large Cap List. If you are looking to get an online gaming license in Malta, then you are required to undergo a strict application process. 03), which may be found on the Authority’s website. Malta. 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. Class 3: P2P, Betting Exchanges, Skins, Tournaments and Bingo – 11%. – 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. The information is constantly being updated by the MGA in order to keep the latest information readily available. S. There are 4 Types of Gaming Licence in Malta under the Remote Gaming Regulations 2004. Before that date, the MGA representatives will tag the gaming equipment. The Benefits of Obtaining a Malta Gaming License. Malta Gaming License is one of the most popular gaming licenses in the gambling world. You will get to know about that by the end of this article. To run a successful online betting site with a betting license from the Malta Gambling Authority, you need to obtain the so-called B2C license. org or call - 18005224700. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. However, most operators go for it because. Stage №1. Home; Malta Gaming License; Malta Gaming License. e. Many regulatory bodies in the world offer licenses to casinos and other gambling websites. If you want to know more about this theme, read our article – How to get Malta Gaming License in 2023. S. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. If you are looking to register online casino on turnkey we will assist you in all processes. In 2004, Malta became the first EU Member State to introduce remote gaming regulations, pioneering new concepts in the i-Gaming industry. 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. Dragonara's serene location on the peninsula, away from St. It was a fixed fee earlier. Recently it has also grown in the areas of secondary. ). For any online iGaming business, obtaining a reputable gaming license is a top priority. About Malta. Ref: MGA/B2B/582/2018. com. The required authorized capital is 100,000 EUR. It is safe to say that a MGA license. You will be required to submit. 583. UKThe National Lottery is Malta's main lottery. 2023. Company registration year: 2016 B2C – Gaming Service Licence License type: Type 3 Gaming Services Authorized by MGA. 438. The default gaming licence term, whether original or renewed, is of 10 years. Malta is a popular jurisdiction for online gambling and has become one of the leading online gambling hubs in the world. Tbilisi. Note, if you want to open your own casino, you may not worry about the license at all: our White label platform solution lets you operate. In addition to the licensing application fee, annual fees are required. 583. Upon obtaining the license, the Licensee is to submit a “Go Live Date” which can’t be later than 60 days since receiving the license. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. iGAMING SERVICES. Class 2 – a remote betting licence for sports (fixed-odds) betting. As of November 15, 2023, the GCB shall be accepting and processing online gaming license applications from operators that wish to acquire an online gaming. Malta is a prominent European region’s gambling jurisdiction and it is quite popular among Europ based online gaming industry. Including the cancelation of BetDino’s license, the MGA has revoked three gambling licenses so far this year. Mr Gamble Lists Best MGA Licensed Online Casinos Reviews Bonuses & Free Spins Top MGA Online Casinos. The Malta Gaming Authority (MGA) was formed in 2001 after the government passed the Lotteries and Other Games Act. Bonus and Promo Offers 🎁. B2C Fixed Annual Licence Fee. The MGA commits itself to the analysis of all information through multiple internalprocess streams. Navigating Gaming And Gambling Law And Regulation In Malta. 6. The Malta gaming license represents the prestigious grademark of the iGaming industry. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. E-mail: registrator@spelinspektionen. Gambling license in Malta or Curacao – an urgent issue when opening a gambling establishment. 1. Despite stringent requirements, Gibraltar is an attractive jurisdiction in terms of gambling taxation. However, such a document is not issued in all fear. It provides a high level of protection, safety, and security for players and. A gambling license enhances players’ trust and addresses concerns about slots “rigged” RTP (Return To Player) percent and non-payment of big winnings. The SBSB company suggests considering. The Malta Gaming Authority (MGA) was formed in 2001 after the government passed the Lotteries and Other Games Act. 12, adopted under that law. The cost of the application fee in the jurisdiction of the Isle of Man is £5,000 (approx. Curacao gambling licence is. 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. 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. Overall Far East reported a 3 percent decline in revenue for the interim period ending Sept. Approximate license costs – Starts at €36,000+ (cost depends on license type) Average time to obtain license – 3 – 6 months. To obtain a Malta gaming license, an operator must meet strict requirements in terms of financial. License costs €25k, plus minimum paid-up capital €100k. All gambling activities in Malta are regulated by the Gaming Act of 2018 . Contracts with payment provider; Contracts with game provider;The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. The Malta Gaming Authority (MGA) is a governmental organization that is responsible for issuing gambling licenses to online companies that meet its strict standards. Basic Requirements for a Malta Gambling License: Gaming operation review Application procedure Taxes Conclusion Online gaming is a highly restricted. Since March 2020, the Curaçao Gaming Control Board (GCB) has been tasked with the licensing for and supervision of the online gaming sector on behalf of the Minister of Finance. The statistic displays the number of online gambling licenses in Malta from 2014 to 2017, by class. Located in the heart of the Mediterranean Sea, Malta is the smallest. 583 of the Laws of Malta) and other applicable regulatory instruments (hereinafter referred to as the ‘Regulations’). 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. License type 2 allows online casinos, poker rooms and other similar games. Malta Gambling License. Also, €4,660 is a tax to be paid 6 times for the Class 1 Licence, and 5%. Issued by the Malta Gaming Authority , the license is considered one of the best and most reputable in the world. For the 1st and 2nd licence classes it is more than 100 thousand euros, for the 3rd and. They re-branded in 2015 and became known as the MGA. The Gaming regime applied by the MGA is both technology- and game-neutral, therefore encompassing any. 01 to 583. Required. The Malta Gaming Authority (MGA) is the organization in charge of overseeing all gambling-related activities in Malta. Malta. 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. 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. Even during the COVID-19 pandemic between 2020-2021, the gaming sector contributed 12% to the GDP. It was originally called the Malta Lottery and Gaming Authority (LGA). 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. 01. In addition, gambling licenses in Malta are subject to tax, the rates of which depend on the type of license and its validity. License Renewal application fee of 5,000 Euro. 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. The statistic displays the number of gambling licenses in Malta from 2016 to 2021. 12) that were brought into force on 1 January 2018, the following fixed annual licence fees apply. 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. Legalised entrepreneurs pay a Compliance Contribution. €25,000. Malta issues B2C licenses of the four following types: Class 1 – casino games and lotteries with guaranteed prizes. Thanks to the latest approval from the MGA, Octoplay can now provide its leading services and. The regulations also set out the requirements that must be met by operators in order to obtain and maintain a license. 5 per. Class 2 – fixed. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. Most industry professionals consider Malta the Mecca for online gambling. For every euro of the next €10,000,000. Also, there is no added value tax in this country. There are two main types of Malta gambling licences: Business-to-Business (B2B) and Business-to-Consumer (B2C). Class 03 – Combines Class 02 and Class 01. 83m) as it looks to boost growth across the company. 2. You will have to go through an in-depth due diligence process and provide a lot more documents. The MGA’s rigorous standards and reputation for ensuring a fair and transparent gaming environment make it easier for licensees to build trust with European players. "The gaming employee license is sometimes referred to as a personal functional license, which is how the UKGC has dubbed it. 5 5. They can be assured of a safe, secure, and enjoyable gambling. In addition to the licensing application fee, annual fees are required. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021.