by Helena Grech 22 June 2023. The Malta gaming license represents the prestigious grademark of the iGaming industry. Firstly, the Malta Gaming Authority (MGA) is one of the most respected in the world, and holding a license from it is seen globally as a vote of confidence. Prestige The Malta gambling license is widely considered one of the most respected in the world. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition Notice Register. 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. Contact Us. We focus on regulatory compliance, ethics and transparency. The Cyprus Gaming and Casino Supervision Commission oversees online gaming including applications, licensing, auditing, and supervision. The Gaming Authority is a single regulatory body that is responsible for the governance of all gaming activities in Malta including Amusement Machines, Broadcasting Media games, Casinos, Commercial Bingo Halls, Commercial Communication games, the National lottery, Non-Profit games and. Go AheadThe online Malta license requirements are defined in the regulations of the Malta Gaming Authority. The Malta Gaming Authority (Malta Gaming Authority or MGA) is one of the most authoritative regulatory bodies in the world of online betting. For B2C type 1-3, the fee is €25,000, and for type 4, it is €10,000. In no event will Chambers and Partners be liable for any damages including, without limitation, indirect or consequential damages, or any damages whatsoever arising from use or loss of use, data, or profits, whether in. There are 4 types of B2C Gaming Service Licence. Within this document are reported key findings about Business Risk Assessments (BRAs) implemented by subject persons in. Book a consultation. Interested parties can search by licensee name, authorisation status, URL or Gaming Service. Malta. The Swedish Gaming Licence. The new checklist will come into force from 3 May 2022, which builds on the previous version. It includes P2P (peer-to-peer) gaming, poker networks, betting exchanges, and game portals. AE Malta. In Malta, the iGaming companies setting up their operations are subject to a number of administrative fees, payable to the MGA. Malta Gaming License. MGA License for Casinos Conclusion. In addition, the licensing application procedure is fast, yet offers a. 1. Malta has a long history in gaming legislation. The New Gaming Act which was published on the 15th of May and shall come into force on the 1st of July 2018 implements a number of changes which aim at expanding the powers and functions of the Malta Gaming Authority from a regulatory perspective and eliminating previous bureaucratic measures. Countries listed under the Malta Gaming License include any country that has not banned online gambling or require a local license. Operating in an EU jurisdiction, as well as favorable tax incentives, are all advantages of a Maltese gambling license (as low as 5 percent. The Malta Online Gaming Licence Application Process. Type 2 – Minimum €100,000. The B2C license is applicable to any entity that is offering, providing, or. e. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. Cyprus is one of the most popular off-shore licensing. This gaming license is intended for iGaming operators and allows them to provide clients with multiple types of games. Fees Regulation 2017:The total Curacao gaming licence cost can vary between €20,000 and €25,000 in the first year alone. Malta Gaming Authority offers several types of licences: Class 1 – a license for online casinos. The Malta gaming license is the industry gold standard. com. B2C Fixed Annual Licence Fee. S. 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. How to Get a Gambling License From Curacao Gaming Authority. The PAGCOR Casino Licence. ☎ +44 20 81230832. Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. Curacao is reorganizing its gambling industry and is ready to issue new licenses to operators in November 2023. 05 - Gaming Authorisations Regulations. Malta Gaming Authority Licence Established in 2001, Malta Gaming Authority (MGA) is one of the most respected and well-known regulatory bodies in the online gambling industry . The experts of the SBSB law firm have profound experience in the application for Maltese permits. While operators registered in Curacao pay only a minimal tax on net gains, MGA licensees pay a compliance contribution that depends on the type of license they hold. 40-1. Over the past 20+ years, Malta has established itself as the pre-eminent European jurisdiction for remote gaming and gambling. Malta. The granting of the MGA licence coincides with BeyondPlay revealing that it has added a robust jackpot engine to. The National Lottery is Malta's main lottery. 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. It offers two categories of licenses, making it. €10000. Isle of Man. The Maltese Gaming License allows companies to provide gaming services in or from within Malta. Process of starting. Malta Gaming License - EM Group AN INQUIRY | GAMING LICENSES: A COMPREHENSIVE GUIDE Navigate the process of obtaining MALTA GAMING. A critical gaming supply licence is a Business to Business (B2B) licence to provide or carry out a critical gaming supply from Malta, to a Maltese person or through a Maltese legal entity. A fixed annual licenсe fee – €25,000; flexible taxation – 0. 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; 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. Under the Remote Gaming Regulations, the Malta Gaming Authority may issue a business-to-consumer or business-to-business licence. Click on the 'Support' button in the top right corner of the menu bar. A fixed annual licenсe fee – €25,000; flexible taxation – 0. Malta is a Mediterranean island, which is also a member of the EU. Class 4 license holders cannot participate in the game and can only earn through commissions. Non-refundable Fixed Annual Licence Fee. €25,000. Relevant. It is considered prestigious to have a license from one of the largest jurisdictions within the European Union. 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. CSB Group assists clients in obtaining a Malta Online Gaming Licence and provides support throughout the whole gaming licence application process. A critical gaming supply licence is a business-to-business (B2B) licence to provide or carry out a critical gaming supply. F: +356 2557 2558. At the time, the Malta regulator warned the operator could have its licence cancelled if it failed to address. 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. Malta Gaming License Malta is the second most popular online gambling jurisdiction. com. Licensee Hub Applications Compliance. Only the Curacao license stands above when it comes to prestige and fame. 01 to 583. The Malta gaming licence issued by the Malta Gaming Authority (MGA) is undoubtedly one of the most reputable licences for online gaming worldwide. Malta is the second most popular online gambling jurisdiction. Yggdrasil gaming Ltd holds a Service (B2B) – which is a licence to provide a supply in a business-to-business capacity. The Malta gaming license is suitable for startups with capital, or operators established in other jurisdictions looking for an additional gambling license. The applicant is required to submit all the necessary information at the same time, which will then be analysed and determined on three (3) different bases by the Authority. Malta Gaming Authority is the #1 license choice for many European players. Kalamba Games has been granted a supplier licence by the Malta Gaming Authority (MGA) as it looks to grow even further in regulated markets. Class 2:- It is mainly tailored and designed for sportsbook operators. 12, adopted under that law. The B2B licence has provisions for the offered games; it doesn’t require licences for each class of game. Malta is a highly respected jurisdiction and getting its license can significantly enhance your reputation in the online gambling industry. This Malta gaming licence is known as a B2C licence. The costs associated with an online gaming license application are: Payable on submission of the license – Euro 2,350. 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. 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. The new Curacao Gaming License requirements – a GBO analysis. Fill out the online form by providing all necessary details. Esports Entertainment Group, Inc. Such license is issued for the organization engaged in exchange of bets, sweepstakes, poker-rooms, bingo. Malta Gaming Licence Types. 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. Relevant Authorities and Legislation 1. The Malta Gaming Authority ( MGA) (formerly the Lotteries and Gaming Authority) ( LGA) is the gaming control board of 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. Anticipated Reforms 1. One license cover all of the following – Casino, Sports, Poker, Bingo, Lotto, Provably Fair Games, Blockchain Based Games and more. There have been several reforms in recent years, most recently in […] Malta is a small country with big economy and significant benefits for obtaining a gaming license. starts here. In no event will Chambers and Partners be liable for any damages including, without limitation, indirect or consequential damages, or any damages whatsoever arising from use or loss of use, data, or profits, whether in action of contract, negligence or other tort action, arising out of or in connection with the use of the website. In broad strokes, Class 1 licenses, encompassing a wide spectrum of gaming activities, tend to have higher application and annual fees. 000 to EUR 375. Their comprehensive laws, directives, and licensing norms ensure that all and even the new MGA casinos under them protect the interests of players. If the applicants’ intention is to handle cash related to gambling, this is what they need to obtain. 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). SoftSwiss is delighted to announce that the company’s Game Aggregator has now received a B2B licence from the Malta Gaming Authority (MGA). The Remote Gaming Compliance unit has extensive experience assisting remote gaming clients’ operating within various jurisdictions apply for a license with the relative Authorities. Administrative / Renewal Fee —. Malta (MGA) is another renowned licensing authority that provides a simple procedure for acquiring a licence. 1X2 Network Malta Ltd, is licensed and regulated by the Hellenic Gaming Commission, holding license number HGC-000048-MN, issued on 23/07/2021 1X2 Network Malta Ltd, is licensed and regulated by the Oficiul National pentru Jocuri de Noroc (ONJN), holding license number 774/29. A gaming service shall also constitute the following: offering, provision or operation of a gaming service; andMalta Gaming License and Reports. Malta was the first country in the European Union to be granted the right to issue licenses for online casinos. The compliance Malta gaming license price depends on its category: for the Type No. License holders also have to pay a compliance contribution that can reach EUR 600,000 depending on how much revenue. The United Kingdom Gambling Commission. Malta is one of the largest and most respected regulated gambling markets in the world. Raise your game with our corporate and compliance services. Share Capital requirements subject to the class of gaming license applied for. This includes the Annual Anjouan Gaming License fees, covering both the initial setup fees and the required ISP service for compliance backups. For over 20 years, the MGA has been regulating gambling businesses, including online casinos and sportsbooks. Gibraltar can issue 6 types of licences. This is the most dynamic sector from the two and in August 2018, a new Gaming framework came into force, that ensured the. For more information, you can also read our overview of online gambling jurisdictions. The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. However, where such licence is granted to the holder of. The gaming tax in Malta is 5% of the gaming revenue generated from the gaming service. These are based on annual gross gaming revenue and are laid out in a tiered system. We help you set up, run and grow your online (gaming) business in Curaçao, Malta, the Netherlands and Cyprus. Stage №1. Malta. Subsequently, the MGA granted the gaming licence in July 2022,. Acquiring a Gaming License in Malta A prospective gaming company seeking to obtain a license in Malta would need to apply for an iGaming license either to provide Business. The Regulations also classify ‘other games’ under Part VIII of the Gaming. 2023. Again, the process depends on the type of license and the gaming authority whose license you are trying to obtain. This Malta gaming licence is known as a B2C licence. The Malta Gaming Authority (MGA) is the body that regulates and is responsible for the governance of any form of gaming in Malta. GAMING [CAP. Mr Gamble Lists Best MGA Licensed Online Casinos Reviews Bonuses & Free Spins Top MGA Online Casinos. 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. E: [email protected] Gaming License. The Malta Gaming Authority (MGA) is the regulatory body responsible for the governance of all gaming activities in Malta. We expect it to become equally popular worldwide. Malta administrative divisions map. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. Non-refundable Fixed Annual Licence Fee. Non-refundable Fixed Annual Licence Fee. Malta Gambling Licence. Non-refundable Fixed Annual Licence Fee. All forms of gaming in Malta, be they land-based or online, are governed by the Gaming Act. This is an entire package that includes:Overview. The country legalises the work of land-based halls. Affinity is a leading Corporate and Trust Service Provider with offices in the Isle of Man and Malta. I-GAMING LICENCE: SETTING UP IN MALTA <60 DAYS • Implementation and systems audit, to be completed within 60 days from go-ahead 6-10 WEEKS • Evaluation of application documents by the Malta Gaming Authority Application Preparation Submission . 583. The issuance of the license typically takes around 2-3 weeks. In the case of a gaming service licence, i. A Malta iGaming online gambling licence may be used in all countries that don’t have any local prohibition on gaming. 5% GGR. Malta offers four different types of licenses. S. Arabmillionaire was first spoken to by the MGA over the issue on 4 August last year. Part of the Betsson stable of casinos, Rizk has been in operation for a while, but only obtained its Malta licence in 2022. The full licensing process goes in 5. You can claim B2B and B2C gaming licenses. Stages of Casino Licensing in the Jurisdiction of Malta. Malta issues B2C licenses of the following four types: Class 1 – Games whose outcome is determined by a random number generator: casino,roulette. The Malta Gambling Authority (MGA) issues licenses for a wide range of gambling activities including online casinos, sports betting, horse racing betting, and poker. The Malta Gaming License, more commonly referred to as the MGA license, is a coveted credential in the global iGaming scene. R. Information relating to the Compliance Contribution fee can be found in the Gaming Licence Fees Regulations (S. The licence for gaming activities in Malta is available to operators, bookmakers, owners of poker rooms, and lottery sites. 1. The Malta Gaming Authority has confirmed the cancellation of the operator’s B2C gaming licence. Building SCM 02-03, Level 4, SmartCity Malta, Ricasoli SCM1001, Malta. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. The renewal fee on the island state is also €5,000. Class 4: This license is for operators who host and manage other remote gaming operators, excluding themselves. King Billy, known as the most award-winning online casino is another great place to gamble and be sure to get your winnings. They can be assured of a safe, secure, and enjoyable gambling environment. Malta is regarded as the gold standard in terms of iGaming licensing. Game Types; Licence Number Game Type Approved Service Providers Approved Vertical Approved; MGA/CRP/171/2009: Type 1 Gaming Services • Greentube Malta Limited MGA/CRP/120/2006 • Nolimit City Limited MGA/B2B/299/2015 • Evolution NetEnt Malta Limited MGA/CRP/109/2004 • Microgaming Europe Limited MGA/B2B/139/2007 •. – Original bank reference letter. Valletta, 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. A gambling license in Malta must be well-priced. 01 to 583. Any person offering any gaming service to any player who is physically present in Malta at the time when the gaming service is actually provided, shall pay to the authority, for each Tax Period. Malta Gaming Authority Licence. In 2001 it amended its gambling laws to take into account the possibility of. You may consider the verification process far removed. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. At the time, the Malta regulator warned the operator could have its licence cancelled if it failed to address. A gambling license is crucial for businesses wishing to operate in the gambling sphere. 12) (the. The French National Gaming Authority. The gaming license in the EU state Get a consultation ⏩ Call ☎️+38 (094)712-03-54 e-mail: office@eternitylaw. 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. Niji Narayan. The first one is given to game and software developers. Upgaming, a leading iGaming solutions provider, has published its latest guide, "How to get Malta Gaming (MGA) License in 2023. These fees can range anywhere between €5,000 with a maximum cap of €500,000 or €600,000. The licence comprises four gaming services divided into four categories: Type 1: Casino games of chance played against the house. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. It offers two categories of licenses,. This official government agency not only regulates gambling activities but also. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. € 10,000. L. with the authors. Recognized authority and high reputation are the building blocks of its jurisdiction. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. We can help you obtain your online gaming license, WhatsApp us: +972504938469, email us: info@gbo-il. GameArt is now a proud holder of the Malta Gaming Authority (MGA) Licence and can expand its business to MGA-licensed operators. The annual Malta gaming license cost ranges from EUR 10. Those expenses cover all types of iGaming and allow partnerships with sub-license owners. 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. Today, the Malta Gaming Authority (MGA) regulates the entire remote gaming sector, the area through which the distance gaming is offered. Originally, the Licensing Authority would only consider “blue chip companies with a track record in gambling in other jurisdictions”. The first one is given to game and software developers. Malta’s gaming license. 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. 2. In order to be eligible for a gaming license from Malta, applicants need to fulfill a number of fundamental requirements, one of which is the provision of particular documentation from each officer, authorized person, shareholder, director, beneficial owner, or ultimate beneficial owner. The application process is a long one and requires a series of in-depth audits and reviews. The MGA offers four different license categories: controlled skill games, remote gaming, remote betting, and hosted in Malta. To obtain a Malta gaming license, an operator must meet strict requirements in terms of financial. The license is not as reputable as some other regulators, such as Malta Gaming Authority or the Isle of Man. License costs €25k, plus minimum paid-up capital €100k. GBO offers turn-key solutions for obtaining the new Curacao gaming license – the Complete package: AML policies, corporate framework, Policies, procedures, and security to the new regulation. The Malta Gaming Authority (MGA) is set to cancel the B2C gaming licence of AMGO iGaming Malta after ruling the operator breached a series of regulations. B2C - Gaming Service Licence: Service (B2C) - A licence to provide a service for the purposes of engaging with end consumers: Licensed: Game Types; Licence Number. The last word. 25%. Malta Gaming Tax: Compliance contributions. 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. €25,000. With respect to remote gaming, a specific regime has been established by means of the Remote Gaming Regulations, 2004. Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. The MGA, being the supervisory and regulatory authority for "gaming" in Malta, is entrusted with and required to monitor the. Enquire. Curacao Online Gaming License, Isle of Man Gaming License, Kahnawake Online Gaming License, Malta Gaming License; Regulatory and Compliance Services – We’re experienced. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. A well-respected jurisdiction and a preferred location for startups, operators can enjoy competitive setup and maintenance costs, enticing fiscal benefits, and an agile licensing process. 12 Malta Gaming Authority act Sheets 2023 13 A gaming service licence is a business-to-consumer licence (B2C) to offer or carry out a gaming service. Today, the Malta Gaming Authority (MGA) regulates the entire remote gaming sector, the area through which the distance gaming is offered. Malta Gaming Tax: Compliance contributions. A B2B gambling licence in Malta concerns software providers that offer their services to other businesses, such as online casinos. 1. George Miller. Type 3 – Minimum €40,000. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. Malta Gambling License 2022. The Gaming regime applied by the MGA is both technology- and game-neutral, therefore encompassing any. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. The Malta Gaming Authority (MGA) considers that the Gaming Authorizations Regulations (Chapter 583. Expect funky visuals, cool animations, and the iconic Wheel of Rizk, which is a massive pull for Nordic players. The Malta Gaming Authority (MGA) has cancelled the B2C gaming licence of Arabmillionaire after the online operator breached a number of regulations. Information for existing or prospective gambling businesses including what types of licence you may need, how much they cost and the licence conditions and codes of practice that apply to your licence. IGA Group assist our clients in obtaining the MGA license and more! Contact us, We’ll be happy to meet and assist you! Email: contact@igagroup. Obtaining a Gaming Licence in Malta. 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. 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. Gaming Tax ( 5% of the gaming revenue generated from the gaming service) Compliance Contribution (Refer to Fees Document) Taxation. 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. Your LinkedIn Connections. Having this licence demonstrates that the casino. Malta has approved amendments to its Gaming Act through Bill 55, enshrining the country’s existing public policy that protects the status of the Maltese gaming licence from “unfounded. 2. The MGA ruled that Dorobet breached regulation 9 (1) of the Gaming Compliance and Enforcement Regulations, specifically paragraphs B, C and L. 04. A set yearly licensing cost of €25,000 is imposed on each licensee of B2C gaming services. The following services constitute a critical gaming supply, and applicants require a business-to-business licence to provide or carry out such services: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. The world-renowned license gives online gambling platforms a nearly unrivaled level of legitimacy, but navigating bureaucratic processes is never smooth sailing. For every euro of the next €10,000,000. The MGA is the regulatory body responsible for overseeing and licensing all gaming activities in Malta, including online gambling. Malta. The current regime, which ables new operators to apply for sub-licenses with any of the four master license holders, is soon to be replaced by a central government-controlled authority; the Curaçao Gaming Authority (CGA). We hold our license with the Malta Gaming Authority (MGA). Currently, Classes 1 & 2 require a €100,000 minimum while classes 3 & 4 require a minimum of €40,000. Some of the most popular gambling jurisdictions are Curacao, Malta, Alderney and the United Kingdom. Furthermore, it supports holistic growth and allows the company. Our newsletter, e-bulletin is sent fortnightly and contains news, updates and latest advice from the Gambling Commission and DCMS. These fees are determined by the operator’s annual income and license category. Arabmillionaire was first spoken to by the MGA over the issue on 4 August last year. License Renewal application fee of 5,000 Euro. The Malta Gaming Authority (MGA) has cancelled the B2C gaming service licence of Dorobet. 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 Malta Gaming Authority, also known as MGA, is an official governing body that controls all the online and offline gaming operations established in Malta. IGT, Evolution, Pariplay, Pragmatic Play, Play'n GO and. Class 2 – a remote betting licence for sports (fixed-odds) betting. 583. 05 of the Laws of Malta) empowers the MGA to request any person wanting to obtain a gaming licence to operate or promote or sell or abet gaming in and from Malta to fill in this form. (GB) under account numbers 41655. B2B GAMING SERVICES (MALTA) LTD, is also licensed and regulated by the Hellenic Gaming Commission (under the Type 1 license: HGC-000026-LH and Type 2 license: HGC-000027-LH, issued on 5/7/2021 and valid until 5/7/2028. Netflix attracted a record 37 million net subscribers pushing its total subscribers to over 200 million. It is strongly recommended that you actively seek to resolve your dispute directly with the operator’s support and management prior to lodging your complaint with the Malta Gaming Authority. L. Remote Gaming Licence Application fee : One-time, non-refundable application fee €5,000: Fixed annual licence fees (B2C) Non-refundable Fixed Annual Licence Fee €25,000 : Gaming Tax (5% of the gaming revenue generated from the. November 12, 2020. Whether it is an application for a Malta gaming licence, or any other application with another jurisdiction, our commitment is to deliver our services with passion and dedication, using our expertise to your advantage. com launched in Colorado and expansion plans include four additional U. The gaming taxes in Malta depends on the type of remote gaming licence and what games are offered. The Malta Gaming Authority (MGA) may issue licences of the following categories: Gaming Service licence: a business to consumer licence to offer or carry out a gaming service. The licenses for gaming services in Malta are divided into four classes. Gaming License For B2C: Non- Refundable Annual Fee paid in advance upon the issue of license — €25,000. The Maltese government, and by extension the MGA, has always provided a rigid and reliable framework that is designed to keep up with innovation and technology. A Curacao gaming licence offers only one type of permit to operators and software providers for sports betting, games of skill and chance. 438. 583. The license can be obtained by operators, leading or supporting a gambling business from Malta under the license of. The gaming tax in Malta is 5% of the gaming revenue generated from the gaming service. For the 1st and 2nd licence classes it is more than 100 thousand euros, for the 3rd and. Securing a gaming license in Malta is not merely a legal formality but an astute strategic move. 3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. 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. 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. Reading Time: < 1 minute. A Malta Gaming License – the golden ticket . 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;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. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. Affinity Management Services. The Maltese Gaming Authority (MGA) regulates all gaming activities in Malta and provides licenses to operators who meet the requirements set out by the MGA, such as having adequate financial resources, technical capabilities, and an. You must declare which types of games the license is issued for your company registered in Malta. You must declare which types of games the license is issued for your company registered in Malta. As of March 2021, the legislative framework governing gaming in Malta consists of the Gaming Act, Chapter 583 of the Laws of. Malta gaming license; Malta business bank account; Bank Accounts for Affiliate business; Malta gaming overview; Success story; Kahnawake Gaming. GAME TYPES. How to apply for a gaming license in different locations all over the world. 000 per year. This one works for operators who manage game elements that control regulatory records. €5,000.