3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. Information relating to the Compliance Contribution fee can be found in the Gaming Licence Fees Regulations (S. All your sensitive data is protected by the latest SSL encryption technology also used by the world’s biggest financial institutions. 15% of revenue. The LGA carries out a thorough investigation before awarding such licenses. Szilaghi Consulting offers support to casinos, lottery operators, and sports betting companies as well as other entities active in the igaming and gambling market. 583. 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. The renewal fee on the island state is also €5,000. Malta. Getting a gambling license in Malta requires operators to undergo a rigorous application process with the Malta Gaming Authority. We are seeing new Malta casino sites being launched regularly. The new rules of gambling business taxation in Malta have become effective since January 1. Also, there is no added value tax in this country. 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. A gambling license is crucial for businesses wishing to operate in the gambling sphere. L. The compliance review is €3,500. Types of Licenses Available. 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. Class 3 is a licence to advertise gaming in or from Malta. It regulates most forms of gambling in its territory, including both land-based (casinos, amusement and slot machines, betting offices, fantasy sports, and lotteries) and online. Details regarding the new license emerged Monday. Legal secretaries & Receptionists. MGA/CRP/137/2007 • SG Digital. A gaming service shall also constitute the following: offering, provision or operation of a gaming service; andCompanies enjoy the country’s low taxes and highly developed infrastructure. 04 - Gaming Definitions Regulations. Class 1 is a remote gaming licence suitable for casino-style games and online lotteries. Curacao license. 583. Szilaghi Consulting offers expert assistance in obtaining gambling licenses in various jurisdictions including Anjouan, Antigua and Barbuda, Bulgaria. 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. 12) that were brought into force on 1 January 2018, the following fixed annual licence fees apply. Although some. 01 to 583. L. Many top developers have obtained licences from the Malta Gaming Authority. Gamble online-casino licenses malta. Licensing gambling activities, lotteries, bingo, online casinos. The Cost of Malta Gaming License. The Malta Gaming Authority ( MGA) (formerly the Lotteries and Gaming Authority) ( LGA) is the gaming control board of Malta. 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. MGA asked BTM Entertainment. The Ajouan gaming license cost is around 17,000 EUR, which includes the Annual Anjouan Gaming License fees covering initial setup fees and the required ISP service for compliance backups. 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. Malta has become the leading hub for e-gaming licenses, owing to the robust gaming framework put in place in 2004. License validity period – 10 Years. Share Capital requirements subject to the class of gaming license applied for. Expect funky visuals, cool animations, and the iconic Wheel of Rizk, which is a massive pull for Nordic players. Still, with all the operating possibilities (across the EU), favourable costs/taxes, and high safety features, it is an. To obtain a gambling licence with the Malta Gambling Authority, there are several taxes and obligatory payments. This includes reporting, audits, and renewals as required. Johannes Turunen. 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. It can be drawn into legal battles between a plaintiff and an online. 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. The Malta Gaming Authority (MGA) issues the license only after thoroughly assessing the financial soundness and integrity of the applicant, with a strong emphasis on compliance with anti. 12) (the “Regulations”), as issued under the Gaming Act, Chapter 583 of the Laws of Malta. 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:Curacao is a well-known jurisdiction that grants online gaming licenses to operators. 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. Malta gaming jurisdiction Malta is the first member of the EU to regulate. L. To begin with, there are 4 different types of gambling licenses that can be issued to Igaming companies in Malta. The gaming industry has been expanding in Curacao since 1966. Malta’s gaming licence is usually regarded as one of the most prestigious and stable in the world. Also, there are 4 B2C types of licenses: 1 – gambling against the computer, so-called games of. 50%. Malta Gambling License gives many excellent opportunities to each licensee and makes their business profitable. Gamble online-casino licenses malta. There are a lot of online casinos that have a license from this well-known gaming authority. Malta has worked hard to attract online gaming companies. 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 license. According to the wording of the Lotteries and Other Games Act 2001, the MGA’s mission is: “To regulate competently the various sectors of the gaming industry. The Malta Gaming Authority only provides licenses to the online casinos as well as Curacao online casinos, that meet its high licensing standards. All companies wishing to license their gaming sites, must pay an initial licensing fee of approximately €2,500 along with other recurring. In 2021, the most licenses were held for remote online gaming with a total of 341, followed by licenses. 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. It is the duty of the Malta Gaming Authority. Class 4 is a licence to host and manage remote gaming operations. TYPE 3 – Operators promoting and abetting. Malta Online Gambling License. About MGA and the Malta Gaming License. The casino concession is valid for a 10-year period and will be subject to a pre-defined fee over three years (3) and the concessionaire (which would also be responsible to apply for, and obtain, a B2C Licence from the Malta Gaming Authority) will be required to operate a minimum of two hundred twenty-five (225) Electronic Gaming Machines (EGMs. 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. The gambling license cost will vary depending on the license type we have considered above. However, most operators go for it because. Genesis Global Limited and Betago Limited lost their licenses in Malta after similar infringements last month. 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. i Definitions. Non-refundable Fixed Annual Licence Fee. Step 3 – Application process Malta gaming license cost Frequently asked questions. This gaming license is intended for iGaming operators and allows them to provide clients with multiple types of games. In addition, the licensing application procedure is fast, yet offers a stable legal and regulatory framework for operators, service providers and online players. Protect minors and vulnerable individuals from exposure to addiction and problematic online gambling. 12, adopted under that law. Operators with a cross-licensing agreement with the British government can apply for a permit in the UK. For example, in Malta, to obtain a Malta critical gaming supply license as regulated by the Malta Gaming Authority (MGA) you will have to meet the requirement of having minimum paid-up capital of €100,000 for Type 1 or Type 2 of Malta critical gaming supply license while for Type 3 & Type 4 there is a minimum capital requirement of €40,000. Class 2 License: Tailored for operators who provide fixed odds betting and engage players in games of chance. The MGA has clear procedures and prevention instruments regarding money laundering issues. The Malta Gaming Authority license The Malta Gaming Authority is Malta's gaming control board and was created in 2001 to cater to the growing online casino industry. Getting a gambling license there is not easy or low-cost, but it’s worth it for some operators. With many countries failing to regulate, or even recognize, gambling sites, it was one of the first authorities to offer legislation to offshore casinos , providing official. The MGA was established in 2001 and has. The remote gaming sector is the most dynamic and the fastest growing gaming sector in Malta, which is regulated under the provisions of the Remote Gaming Regulations. The UK Gambling Commission accepts licensing applications for both online and land-based casinos. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. According to the recent update from 13. Each heading holds a comprehensive list of all operators. Class 3 License: This category suits operators offering peer-to-peer games,. Part of the Betsson stable of casinos, Rizk has been in operation for a while, but only obtained its Malta licence in 2022. Those who want to receive a Malta gambling license also have to cope with this organisation, which is one of the most experienced in the world. 06 - Gaming Compliance and Enforcement Regulations. If you would like to know more about Maltese betting license, please feel free to talk to our local specialists. There are 4 types of B2C Gaming Service Licence. Malta is home to some of the world’s leading gambling platforms that have decades of experience. In 2001, the government established the Malta Gaming Authority (formerly known as the Lotteries and Gaming Authority (LGA)) to control all gambling activities, including remote gambling, lotteries, sports betting, etc. The Malta Gaming Authority (the MGA) is the entity established to licence casino operators. For every euro of the remainder. The Curacao income tax is just 2% and is not subject to VAT or corporate. B2C License (gaming-service license) Only a few years before Malta joined the EU in 2004, the Malta Gaming Authority (MGA) had already started to regulate internet gambling. With its growing reputation and attractive features, it has become the industry’s most popular option. The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. The Gaming sector is a dynamic and growing sector in Malta, and is regulated under the provisions of the Gaming Act (Cap. 1. Apply for hassle-free and reliable Curacao gaming license. The Malta Gaming Authority, or MGA, is one of the most respectable gambling authorities that grant gambling licenses. Additional Information can also be viewed through the dynamic seal. +356 793 349 48 info@welcome-center. 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. As of 1 January 2019, the new gaming license fees regulations will apply therefrom. OBTAINING REMOTE GAMING LICENSE. Interested parties can search by licensee name, authorisation status, URL or Gaming Service. However, the allure of these advantages is accompanied by a notable investment. At the end of 2020, the number of companies licensed by the MGA, including both online and land-based entities, stood at 323. Type 3 – Minimum €40,000. Operating from Malta, it can give licences to all sorts of operations including casino games, fixed odds betting and games of skill. Although there were questions to the regulator regarding delays of solving disputes between casino and player till 2015, though they. L. The B2C license is applicable to any entity that is offering, providing, or. The below form is the formal channel enabling players to lodge a complaint against MGA-licensed Online Casinos. ). The Malta Gaming Authority would like to inform its licensees and the general public that the Remote Gaming Regulations (S. The Anjouan Gaming License is gaining popularity among gaming operators as an alternative to the Curacao license. 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. The Malta online gambling license is not for everyone but it is a license we suggest for established, multinational operators. A Curacao gaming licence offers only one type of permit to operators and software providers for sports betting, games of skill and chance. Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. 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. Governing body. Malta Gaming Authority The MGA is located on Malta. An Anjouan Gaming License offers 0% GGR tax and 0% VAT on gambling businesses. In Costa Rica, there are two main types of licenses available for gambling companies: Data Processing License: This license is issued by the local municipality and allows the holder to provide services for organizing and conducting gambling games both online and in physical gaming establishments within Costa Rica. The amounts to be deposited are: - EUR 100,000 for class 1 and 2 licenses; - EUR 40,000 for class 3 and 4 licenses; - EUR 240,000 for companies applying for multiple licenses. 05 - Gaming Authorisations Regulations. It was a fixed fee earlier. The dual licensing approach, incorporating both a Malta gambling license and an Anjouan license, offers a winning formula that combines the credibility of established regulatory excellence with the agility of emerging market entry. S. You can claim B2B and B2C gaming licenses. These are average figures but may vary slightly for different licensees, depending on their requirements. You must declare which types of games the license is issued for your company registered in Malta. Very Well is an alternative for Malta casino for GamStop excluded players most players want to check and enjoy. Malta was the first EU state to license online gambling and has the most experience in the various areas of iGaming. Getting a gaming licence in Malta takes three to four months, and one needs to pay a pretty tidy sum, especially if one wants to get a Class I licence. One major difference is that while a single license in Curacao covers every gambling activity under the sun, the Malta Gaming Authority (MGA) offers several different B2C licences. Curacao is reorganizing its gambling industry and is ready to issue new licenses to operators in November 2023. 🏅. 03 - Gaming Licence Fees Regulations. Let's understand why and cover friendly taxation, talent pool, and more. Tel: +356 2546 9000. Gaming license applicants should demonstrate the financial and technical ability to carry out gaming operations in compliance with Malta laws and regulations. Over the years, out of all the jurisdictions offering online gambling licensing, three clear forerunners have emerged; Malta, Curacao, and Kahnawake . We also recommend playing at the casino with this license. The best-known resort in Malta is the Dragonara. In 2001, a regulatory body called Malta Gaming Authority was created. This is enough to ensure player protection and fairness. 000 per year. On successful completion of a Malta gaming license application process, the applicant, now a Licensee, is granted a ten (10) year Licence. ). S. Malta Gaming License is one of the most popular gaming licenses in the gambling world. Comparatively speaking to Curacao, Malta and the UK typically have greater license acquisition expenses. However, the growing popularity of online sports betting has led to some concerns about divulging personal information and identity theft. Malta Gaming Authority is one of the main licensing bodies for online casinos. Malta, 22. According to some estimates, fees and taxation for interactive gaming activities are reasonable enough; however, they are definitely higher than in other countries. First of all, you have to pay a £370 non-refundable fee to apply for the permission. The Malta Gaming Authority controls multiple online gaming segments, and having a license issued by this regulatory body is still a great deal in numerous cases. Tax: 5% tax on revenue from Maltese. The journey through the. The Malta Gaming Authority, or MGA, is one of the most respectable gambling authorities that grant gambling licenses. 1. Contact. Malta gambling license application information If you are considering applying for a gaming license in Malta, the following statistics give an insight into the costs, time and processes involved: Application fees vary depending on the license type and size of business, but usually start at €25,000, rising to around €500,000 for large. Roulette. The MGA has stringent licensing requirements and only issues licenses to operators who can demonstrate. 04) has been amended through. Malta. In Costa Rica, there are two main types of licenses available for gambling companies: Data Processing License: This license is issued by the local municipality and allows the holder to provide services for organizing and conducting gambling games both online and in physical gaming establishments within Costa Rica. Details from LawsTrust International. The government agency that grants online gambling permits in Malta is the Malta Gambling Authority (MGA). Suitable for operators who earn a commission from promoting games. – After obtaining the license, you must continue to adhere to Malta’s gambling laws and regulations. When it comes to the tax regulations in Malta, they prove to be great for remote gambling operators. 🥇 Playzee Trusted + Licensed MT Operator. Lastly, the MGA will ensure that operations and gaming servers are located in Malta. 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. Palasino in a separate statement said the Malta Gaming Authority awarded it a type 1 casino license on Nov. Since the early 2000s, the Malta Gaming Authority has controlled gaming and issued licenses. Taxes: From 0. 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. B2C – Online gambling operator license. In addition to the licensing application fee, annual fees are required. By the way that’s what it would look like if the domain name were fake (I have entered, for example, n1-casino. 01. Malta: The price to obtain a Malta gaming license there might range from €5,000 to €30,000, depending on the kind of license needed and the services that must be provided. A Class 1 License which covers casino games and lotteries, a Class 2 License which covers fixed-odds betting and all other types of Malta betting, a Class 3 License which covers such things as poker and peer-to-peer betting (a type. 438. To run an online gambling business, applicants should also have two additional certificates: a Key function and a Material supply. Malta gambling license fee is also very reasonable, starting from just €2,330. The Best Online Casino Sites in Malta for 2023. The Curacao gaming license is known for its affordability and efficiency, allowing operators to offer a variety of online gambling services under one license. 1. In addition, the licensing application procedure is fast, yet offers a. The Malta Gaming Authority (MGA) considers that the Gaming Authorizations Regulations (Chapter 583. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. The Licensee is deemed to commence activity upon acquiring the gambling license. EveryMatrix. For more information, you can also read our overview of online gambling jurisdictions. All gambling activities in Malta are regulated by the Gaming Act of 2018 . The Mediterranean island nation of Malta is another very popular jurisdiction for online casino businesses interested in getting a license. 583 of the Laws of Malta) and other applicable regulatory instruments (hereinafter referred to as the ‘Regulations’). Types of licenses. Kahnawake Gaming. Building SCM 02-03, Level 4, SmartCity Malta, Ricasoli SCM1001, Malta. The Regulations also classify ‘other games’ under Part VIII of the Gaming. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. There is a growing. Malta's gaming license There are a number of reasons why acquiring a Maltese online gaming license is a benefit. Class 3: This license is for operators who promote and facilitate gaming from Malta, earning only a commission. EveryMatrix is a member of the European Lotteries Association [2] and. Regardless of name, this licensing jurisdiction continues as a global leader in online gambling regulation. 02 - Gaming Malta Fund Regulations. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. The capital must be paid up before starting operating. Currently, Classes 1 & 2 require a €100,000 minimum while classes 3 & 4 require a minimum of €40,000. 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. The Malta Gaming Commission offers four different license types that cover all possible areas of the gambling industry. Malta: The price to obtain a Malta gaming license there might range from €5,000 to €30,000, depending on the kind of license needed and the services that must be provided. For over 20 years, the MGA has been regulating gambling businesses, including online casinos and sportsbooks. Types of Malta gambling licences. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. Good luck!On successful completion of a Malta gaming license application process, the applicant, now a Licensee, is granted a ten (10) year Licence. License type 2 allows online casinos, poker rooms and other similar games. 🥈 SpinYoo Excellent Bonus for Maltese Players. Getting a gambling license there is not easy or low-cost, but it’s worth it for. New tax rules since 2018 will see online casinos with the B2C Type 1 license (that’s the one that lets you offer video slots) pay annual taxes on a progressive scale: of 1. The gaming tax in Malta depends upon the games offered and the type of remote licence. Generally, MGA falls under the hard-to-get category of licenses. Malta was the first EU state to license online gambling and has the most experience in the various areas of iGaming. GBO specializes in helping clients to obtain a Malta Gaming License - costs, legal and requirements, as well as providing additional services such as assistance with opening bank accounts and merchant accounts. Renewal Process: Timely submission of renewal forms along with the required fee ensures the uninterrupted operation of your gaming business. For every euro of the next €10,000,000. The following entity holds a Type2 B2B licence: Altenar Software Limited (Malta). 75%. The UK . 00%. For instance, tax on betting activity is 0. Rumbling across the global stage, a platform operating under the vigilant oversight of the Malta Gaming Authority will find plenty of opportunities waiting for them. The state permits online casinos, poker, and sports betting; however, operators are required to form partnerships with land-based casinos in the state. 03), which may be found on the Authority’s website. For B2C type 1-3, the fee is €25,000, and for type 4, it is €10,000. Being the expert in matters of how to get a gambling license for casino, the Casino Market company will help its customers to buy Malta casino. Licensees must pay taxes according to their revenues, but the. The following. 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. In 2001 it amended its gambling laws to take into account the possibility of. The Republic of Panama entices new casino owners because of the tax exemptions and low cost of entry. Licence Classes. Malta was the first country in the European Union to be granted the right to issue licenses for online casinos. Class 1 is a remote gaming licence suitable for casino-style games and online lotteries. Similar to the Curacao license, the Anjouan Gaming License provides operators with a number of benefits. The required share capital is 100,000 euros. The leading online casino games developer powering the iGaming sector, Octoplay, announced it secured a license from the gambling regulator in Malta, the Malta Gaming Authority (MGA). Malta offers four different types of licenses. The Malta gaming license is suitable for startups with capital, or operators established in other jurisdictions looking for an additional gambling license. 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. As mentioned previously, the gambling industry is on the rise and with this, so is the demand for a Malta casino licence. €5,000. More than 10,000 people are employed in the sector, which has annual revenues of more than €1. Businesses can only use a Malta Gaming license in countries without restrictions or prohibitions on the sale of remote. The Malta Gaming License is a highly respected license in the gambling market, coveted by operators for its reputation and high regulatory oversight. EveryMatrix Ltd is a B2B iGaming software provider company founded in 2008 with its headquarters in Malta. Building SCM 02-03, Level 4, SmartCity Malta, Ricasoli SCM1001, Malta. Malta is regarded as the gold standard in terms of iGaming licensing. 8 per cent of total household consumption expenditure. The processing time for an application for an iGaming license to be processed by the Maltese authorities takes on average 4 to 6 months. Despite stringent requirements, Gibraltar is an attractive jurisdiction in terms of gambling taxation. This stunning former palace dates back to the 19th century and was opened as Malta’s first legal casino in 1964. But this is the goal to achieve – before, get ready for the next five steps: Step 1. The MGA offers four different license categories: controlled skill games, remote gaming, remote betting, and hosted in Malta. Upgaming, a leading iGaming solutions provider, has published its latest guide, "How to get Malta Gaming (MGA) License in 2023. There are four classes of gambling permits in casinos with a Malta licence. The MGA has stringent licensing requirements and only issues licenses to operators. Maltese law permits both online and land-based gambling, and the following forms of gambling are catered for. 1. The Subsidiary Legislation addresses various aspects of gaming operations, such as the. Malta gaming authority is a very decent regulatory body, especially when it comes to resolving players complaints. Since then, the Remote Gaming Regulations of Malta led to the country being the first-ever EU. Mr. Cruise casinos. 1 to 1. Class 3 gaming license takes care of advertisement and promotions launched from Malta. The Malta Gaming Authority (Malta Gaming Authority or MGA) is one of the most authoritative regulatory bodies in the world of online betting. Class 2: Sports betting – 37%. L. Taxation. 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. It takes around 4-6 weeks to obtain it, it is economical, and you can operate any gambling business under one license. 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. € 10,000. Commercial bingo halls. Its size depends on 2 factors: B2C licence type; gross gaming revenue for the calendar year. The gaming employee license is sometimes referred to as a personal functional license, which is how the UKGC has dubbed it. It provides a variety of licenses, including B2C and B2B versions. In addition to administrative fees as per the fourth schedule found under the Gaming Licence Fees Regulations (S. Those who want to receive a Malta gambling license also have to cope with this organisation, which is one of the most experienced in the world. Class 3 – Advertising license revolving around poker and other types of peer-to-peer gambling. Obtaining a license in the UK is very expensive — the cost of it starts at about £25,000. The Curacao e-Gaming Licensing Authority (CeGLA) is a division of the Curacao Gaming Control Board (GCB) that is responsible for issuing licenses to online gaming companies. 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. Malta's success in online gambling is due largely to its legal environment. 00%. Non-refundable Fixed Annual Licence Fee. As a result they’ve built an ecosystem with a whole range of services to establish and maintain iGaming licenses in Malta with top data centers, gaming-friendly banks and EMIs, friendly PSPs and the largest affiliate networks. At the outset it would be pertinent to point out that where gaming services are being offered. If you are looking to register online casino on turnkey we will assist you in all processes. S. When the license application process is finished, the MGA grants the Licensee a 10-year gaming license. 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. The required authorized capital is 100,000 EUR. Rizk Casino. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. Additionally, B2B gambling license holders must pay £100,000 as an annual license fee, regardless of their income. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. The purpose of the Malta Gaming Authority is to ensure that any online gaming operator with an MGA license is operating legally, fairly, responsibly and with player safety in mind. Malta Gaming Authority For which country: Malta. 30th to $3 billion. Additional Information. “Any online casino will offer bettors real money gambling options on a range of games including casino table games, slots, sports betting sites. A license fee is €25,000; a request for application processing costs €2,300. 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. The required authorized capital is 100,000 EUR. For B2C type 1-3, the fee is €25,000, and for type 4, it is €10,000. Online gambling is a huge part of Malta’s economy, and online gambling contributes a huge 12 per cent of the country’s GDP. The Malta Gaming Authority (MGA) is the organization in charge of overseeing all gambling-related activities in Malta. Types of Malta gambling licenses Malta issues B2C licenses of the four following types: Class 1 – casino games and lotteries. 1. The status of international company and business support by respected organizations are the benefits after buying online gambling license.