E: info@csbgroup. 438. com. NetEnt, Micorgaming & more. For every euro of the next €10,000,000. Payment Services are regulated in Malta by the Financial Institutions Act which also regulates Electronic Money Institutions. In addition to the licensing application fee, annual fees are required. No restrictions on cryptocurrency with a Curaçao license. com. com. F: +356 2557 2558. This license is suitable for betting exchange providers, pools and poker rooms. The gaming employee license is sometimes referred to as a personal functional license, which is how the UKGC has dubbed it. 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. Banking needs: To receive payment from their merchant account outside of the EU – SWIFT EURO. These new laws have created a system of. The Malta Gaming Authority (MGA) is the body that regulates and is responsible for the governance of any form of gaming in Malta. The Isle of Man authorities have defined a gaming tax that applies to all gaming companies of 0. High demand from online casino companies world-wide. A casino operator may apply for one of these gaming licenses: Class 1: casinos manage their risk on events with random outcomes. The Anjouan gaming license, on the other hand, is recognized for its straightforward and quick licensing process, making it an attractive option for those seeking a reliable yet cost. CSB Group is a Malta based corporate service provider with expertise in corporate tax structuring, financial services, Malta company formation and company services, back-office services, professional investor funds, corporate law firm and fiduciary, corporate services and general administration to businesses and private clients worldwide. Renowned throughout the world, a platform operating under the supervision of the Malta Gaming Authority will find many doors opened to them. This Malta gaming licence is known as a B2C licence. The Gaming Act governs all forms of gaming in Malta. Laws, regulations and guidance related to gaming in Malta. €25,000. The update formed part of the company’s interim results announcement for the six months to 30 September 2022, which saw revenue from gaming operations increase by 70. The first step in obtaining a gaming license from the Anjouan is the formation of an online betting or gaming company. The Malta Gaming Authority (the MGA) is the entity established to licence casino operators. Malta Gaming Authority issues licenses that permit both fiat and crypto gaming. As the named partner in an Israeli law firm focused on online gaming, with clients across Europe, including Malta, he says none of the criticism should matter. 2 billion (US$ 1. Share Capital requirements subject to the class of gaming license applied for. B2B gaming license in Malta — it is a license granted to game. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. The Digital Operational Resilience Act (Regulation (EU) 2022/2554) solves an important problem in the EU financial regulation, as it “aims to consolidate and upgrade ICT risk requirements as part of the operational risk requirements that have, up to this point, been addressed separately in various Union legal acts. When applying for a licence for the first time, there is a fee of between €2,000 and €3,000. 1. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. com. However, it offers several benefits, including better protection for. A license fee is €25,000; a request for application processing costs €2,300. +995706070360. Class 2:- It is mainly tailored and designed for sportsbook operators. Due to the stringent rules and control mechanisms applied by the regulating authority, having successfully obtained a Malta Gaming Authority (“MGA”) license means that licensees have satisfied several. The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. This includes games like lotteries, bingo, and slots. Class 2 – Remote license for sports betting. Hong Kong’s Far East Consortium International Ltd says it has been granted an online gaming license in Malta as it looks to expand its gaming interests in Europe. Malta’s gaming license. • Users can be guaranteed that the betting platform they access is not involved in illegal games. 5/5. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. This involved feedback of the Maltese gaming industry stakeholders, which was then analysed and transposed into a position paper that was published in December 2015. Contact Us. While the old gaming rules set a different. EveryMatrix. 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 Malta or to a person in Malta, or through a Maltese legal entity, unless exempt. 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. One of the two best and easiest countries to get an online gambling license in the market: Anjouan Gaming License – A new license regulation is starting to be more and more popular with gaming operators and has a good option for a Curacao license. Software Provider. ). The commission analyses a business plan, the. The Malta Budget, delivered by the Minister for Finance and Employment, Hon. The annual licence fee also varies between €6,000 and €12,000. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. The MFSA has launched the MFSA FinTech Regulatory Sandbox (‘the Sandbox’) during a press conference held on the 22nd of July 2020. An operating license awarded in Malta allows an online gaming company to operate across the 28-country EU. Secure, reliable, AML complied. CSB Group is a Malta based corporate service provider with expertise in corporate tax structuring, financial services, Malta company formation and company services, back-office services, professional investor funds,. 438 of the Laws of Malta), the Malta Gaming Authority has issued the following directive in order to lay down the procedure whereby an entity may be recognised as a start-up undertaking, in terms of regulation 9 of the Gaming Licence Fees Regulations (S. and Mr Jean-Claude Cardona on the company's board. The Maltese License will be valid for five years from the date of issuance. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. Contact Us. The law implies that in case of a Collective Redundancy the rule to be followed is. Currently, the MGA jurisdiction includes more than 180 countries worldwide. F: +356 2557 2558. Document evaluation phase. Jurisdictions such as Malta, Curacao and Kahnawake can issue licences which are recognised in several countries across the world. More than 10,000 people are employed in the sector, which has annual revenues of more than €1. Gaming Licence Application Fee. A gaming license for online poker sites allows you to run an honest and legal gambling business in a trustworthy manner. The main focus within the Group back in November 2007 was advising and assisting gaming operators wanting to set up or relocate their operations to Malta. The different classes of licences are set out below. The island of Curacao has been offering its online gaming license since 1993 and is one of the oldest, easy to apply and most cost-effective iGaming jurisdictions in the world. If you would like to know more about Maltese betting license, please feel free to talk to our local specialists. Contact Us. The National Betting Authority oversees Internet bookmaking. com. Maltese casinos must follow the rules of the Gaming Act Regulations of the 7 th of August 1998 and it must register with the Lotteries and Gaming Authority (LGA). The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. 63) (NOOGH) by operators that wish to acquire an online gaming license directly from the Curaçao Gaming Control Board (GCB), and The Malta Gambling Authority ensures that the gaming sector has a positive impact on development in Malta, and advocates of responsible, and legit gambling. The process of applying for a Malta online gambling license is considerably more complex. This Portal is intended for: 1. The online Malta license requirements are defined in the regulations of the Malta Gaming Authority. The price includes two domains and one validator. One again, this is not a general Malta online gambling license, it just grants the rights to offer sports betting Malta services. The License, issued April 30, 2020, is effective for a 10-year term and may be renewed by MGA for. The Malta Gaming Authority Offers 4 Different Gaming License Types: Class 1 – Is a remote gambling license given to operators to control their own risk on the repetitive games offered by them (best for lotteries and casino games). For every euro of the remainder. The total Curacao gaming licence cost can vary between €20,000 and €25,000 in the first year alone. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. License validity period: 10 years. If the applicants’ intention is to handle cash related to gambling, this is what they need to obtain. EveryMatrix. Along with the UK Gambling Commission, the Malta Gaming Authority ensures that the casino companies are. The Lotteries & Gaming Authority (LGA) is the organization responsible for regulating all gambling activity in Malta, including the issuing of licenses to online gambling operators. Malta Online Gaming Law and Licensing. 0% corporate tax. Gain a comprehensive understanding of the benefits, requirements, and application process. 70% for a profit. Zammit, Mr Roger A. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. As a leading Corporate Service Provider in Malta, CSB Group is able to provide expert advice and assistance on what Malta has to offer in relation to the Fintech Industry. Class 3 license will entitle the company to. The Malta Gaming Authority (MGA), a single regulatory body, governs all gaming activities in Malta and issues Remote Gaming Licences to. Fill out the online form by providing all necessary details. Click on the 'Support' button in the top right corner of the menu bar. In all cases online gaming companies operating from or in Malta will require regulation. The update formed part of the company’s interim results announcement for the six months to 30 September 2022, which saw revenue from gaming operations increase by 70. E: info@csbgroup. At this stage, its specialists check the financial viability of Directors and beneficiaries and conduct a detailed financial analysis of the business plan. However, while gambling is popular with. Firstly, the Malta Gaming Authority (MGA) is one of the most respected in the. We license all game events, including blockchain projects. Since the 2000s the iGaming industry in Malta has witnessed a remarkable and rapid growth. Curacao license is the most cost-effective and popular solution in the e-gaming industry. CSB Fintech is a fully registered VFA agent and can help you set up a successful Fintech operation in Malta. A class 2 license will entitle the holder for remote sports betting. Lodging one is actually the easy part and we have provided a step-by-step approach below. To run an online gambling business, applicants should also have two additional certificates: a Key function and a Material supply. Malta. January 5, 2023. E: info@csbgroup. The country legalises the work of land-based halls. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. Enquire. MEDIA ROOM. Share Capital requirements subject to the class of gaming license applied for. E: [email protected] the harmonisation of the AIFM Directive within the Malta Investment Services Rule books back in 2013, fund managers and promoters may still opt for the less onerous De Minimis hedge fund licence. Tbilisi. Curaçao, a small island nation off the north coast of Venezuela has been in the online gaming business since 1996. License renewal costs €1,500. The Malta online gaming license is not cheap, has strict requirements, and can be long and difficult to open. Dubai Free Zone Standard Prices for 1-Year License (Inclusive of VAT) Zero Visa License. + 6% Sales Tax. €25,000. B. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition Notice. These include the need for the operator to. Regulated by the Hellenic Gaming Commission (HGC); Two types of licenses available — for online betting and other iGaming activities; Restrictions on spin times, bet levels, and jackpot size; Heavily regulated advertising policies; €3 million licensing fee for online betting and €2 million for online casinos. For more information, you can also read our overview of online gambling jurisdictions. We can help you take care of everything you need in order to set up your Malta online e-gaming. Like all other types of licenses, this one also has a non-refundable fee of £185, which must be paid via credit or. The measures would make the EU a global leader in designing tax laws […]The two newly appointed directors are Mr Sacha J. 1. com. On 12th May 2021 the Malta Financial Services Authority (“MFSA”) issued a Circular in regard to the Sustainable Finance Disclosure Regulation (“SFDR”), and the application of Article 17 (1). Activities and services of these companies include games such as slots or casinos, fixed odds betting, including horse racing or sports pools, and peer-to-peer games, such as poker or bingo or controlled skill games. Retirees of all nationalities alike, including third-country nationals, except Maltese, taking up residence in Malta through the Malta Retirement Programme will benefit from a flat tax rate of 15% on the pension remitted and a minimum tax payable shall be of EUR7,500 for the beneficiary and. Contact Us. It is applicable to all FinTech Service Providers and FinTech Suppliers. With its strategic advantages, cost-effectiveness, and global recognition, Anjouan has become a sought-after jurisdiction for startups aspiring to lead the way in the dynamic and. Malta Online Gaming Law and Licensing. “Everybody's praying that Malta. com. Malta Gaming Authority online gambling license facts: Date started issuing licenses: 2004. Apply for hassle-free and reliable Curacao gaming license. The LGA carries out a thorough investigation before awarding such licenses. Bookkeeping Services in Malta; Value Added Tax (VAT) Services in Malta; Audit Coordination; Payroll. Smarter business. If one wishes to operate betting in Malta, then they would need to at least obtain a Class 2 Gaming License. F: +356 2557 2558. Malta has awarded around 500 online gaming licenses, the highest number in Europe. Obtaining a gaming license in Malta is a rigorous, costly, but rewarding process. 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. It provides a variety of licenses, including B2C and B2B versions. Type 2: €100,000 - Encompasses fixed odds betting. Over the years, out of all the jurisdictions offering online gambling licensing, three clear forerunners have emerged; Malta, Curacao, and Kahnawake . There are currently almost 500 Malta remote gaming licenses issued by Malta Gaming Authority. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. There is a detailed application process and the applicant and the proposed operation is subjected to detailed reviews aimed to ensure they meet the legal requirements as provided by local and international legislation and directives. High demand from online casino companies world-wide. In addition to having one of the most temperate climates in Europe for its geographical positions, a high quality of life, security, political-economic stability and. You’ll deal yourself a fullhouse if you know. 000 per year. Over 10,000 online gaming employees work directly in online gaming companies in Malta, and this figure is increasing year after year. Contact Us. Ensuring that any license conditions imposed by the MGA and the remote gaming system is set up and maintained in accordance with the. Local Managing Director. com These services can be offered and operated under the Maltese online gaming licensing system, which identifies between two main licences, the B2B (business-to-business) online gaming licence and the B2C (business-to-customer) online gaming licence. L. 1% to 1. B2C gaming license in Malta — it is an online gaming operator license which is issued for different types of gaming businesses. This is an indicator. Malta. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. 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. Malta Gaming Authority (formerly: Lotteries and Gaming Authority) It’s known as one of the most popular licensing bodies in the gambling sector. As of April 2004, the Malta Gaming Authority (MGA) has put Remote Gaming Regulations into force. The regulatory framework applicable to online and land-based gaming in Malta is consolidated under the Gaming Act (Chapter 583 of the Laws of Malta) and Subsidiary Legislation (SL) 583. Company Formation in Malta – Fees. You must declare which types of games the license is issued for your company registered in Malta. Class 3:- It is suitable for poker, peer to peer gaming & other. Obtaining a gaming license in Malta is a rigorous, costly, but rewarding process. The Isle of Man regulator and gambling licence have a sterling international reputation. Prior to joining CSB Group, Patricia gained accounting experience working with an accountancy firm and a travel agency. Operators looking to obtain an online gaming licence in Malta are required to undergo a rigorous application process in the course of which applicants are required to submit detailed information and documentation relating to their proposed operations for review and scrutiny by the Malta Gaming Authority (MGA). We focus on regulatory compliance, ethics and transparency. Currently, they vary from a minimum of EUR 245. In addition to administrative fees as per the fourth schedule found under the Gaming Licence Fees Regulations (S. Class 3 – Advertising license revolving around poker and other types of peer-to-peer gambling. When it comes to the tax regulations in Malta, they prove to be great for remote gambling operators. 30th to $3 billion. Generally, MGA falls under the hard-to-get category of licenses. In addition to the standard corporate taxation system, gaming companies licensed as B2C are required to pay compliance contributions which are variable fees depending on the type of license held by the operators. Every year, the cost of a gaming license in Malta is set, as are the license compliance fees. Online gambling licenses from the Malta Gaming Authority are highly valued by operators, but getting one is easier dreamed of than done. 25% if the profits do not exceed €3 million and 1% for profits up to €4. MGA is headquartered in Malta and was founded in 2001. These fees are determined by the operator’s annual income and license category. EveryMatrix is a member of the European Lotteries Association [2] and. CSB Group offers a “one-stop-shop” service to online gaming operators by assisting in setting up / re-locating their iGaming operation to Malta. iDefinitions 1. 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; The Malta gaming license represents the prestigious grademark of the iGaming industry. VFA, BLOCKCHAIN & FINTECH SERVICES. For example, in 2022, the Malta Gaming Authority reported 82 million euros in licensing revenue, while Curacao earned approximately. It requires to pay a tax of Euro 4650 regularly for the next 6 months. The application fee for a new Malta online casinos license/remote gaming license in any class is EUR 2,330 and license renewal fee for a subsequent five year period is EUR 1,165. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. The aim of the new regulatory regime is to provide a Cyber-Space. It can be drawn into legal battles between a plaintiff and an online casino operating with its licence. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. com. Software Having obtained the MGA license, all Malta online casinos and overseas casinos feature the gaming software of world-leading operators, such as Microgaming, NetEnt, Evolution Gaming, Play’n Go, and others. Online casino license (Remote Gaming Licence) of. The different classes of licences are set out below. Palasino in a separate statement said the Malta Gaming Authority awarded it a type 1 casino license on Nov. Submission of a package of documents to the MGA (Malta Gaming Authority), which includes a written application with a request. This event is expected to attract gaming industry leaders from across the globe to the picturesque Maltese islands, where they will engage in a week filled with networking, enriching workshops, and the fruitful exchange of innovative ideas. THE TEAMAbout JanJan Killips Wright is a lawyer by profession and joined CSB Group as a Regulated Industries & Compliance Advisor in 2022. Sounds perfect Wahhhh, I don’t wanna. The gaming industry has been expanding in Curacao since 1966. The new Curacao gaming License – We will assist with obtaining licenses under the new regime. As a result, associated. 01 to 583. In this article, iGaming industry consultant Ron Mendelson explores why the Anjouan license is the right move for your gaming venture and why your partner of choice should be Fast Offshore. Revaz Tabukashvili Str. com. Malta is the first EU state to adopt the online gambling law. 000, 0. To obtain a gambling permission in Malta, you should pay several taxes and obligatory payments. She mainly assists clients with legal and compliance advice in Regulated Industries such as iGaming and Financial Services. 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, commercial communication. 25%. Lodging one is actually the easy part and we have provided a step-by-step approach below. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. The new rules of gambling business taxation in Malta have become effective since January 1. To run a virtual gambling website legally, you should have a permit. 1. The Malta Gaming Authority (the MGA) is the entity established to licence casino operators. No minimum registered capital required. Besides being the first European regulatory body to regulate online gambling, the MGA’s regulatory regime is both technology neutral and game neutral. Select 'Online Gaming Support'. These are based on annual gross gaming revenue and are laid out in a tiered system. What are the categories and subcategories of Malta online casino licenses? Maltese government defined activity that should be necessarily licensed. These services can be offered and operated under the Maltese online gaming licensing system, which identifies between two main licences, the B2B (business. Some of the most popular gambling jurisdictions are Curacao, Malta, Alderney and the United Kingdom. EveryMatrix Ltd is a B2B iGaming software provider company founded in 2008 with its headquarters in Malta. This one works for operators who manage game elements that control regulatory records. Process of Obtaining an MGA Licence: 1. Malta Casino Online Gambling License Classes. The Gaming sector is a dynamic and growing sector in Malta, and is regulated under the provisions of the Gaming Act (Cap. CONTACT US TO DISCUSS YOUR MALTA LICENSE Get in touch MALTA ONLINE GAMBLING AND MALTA GAMING LICENSES: A COMPLETE OVERVIEW The online. The Maltese Gaming License allows companies to provide gaming services in or from within Malta. Our professional legal advisors here at CSB Group, may assist you with obtaining an Air Operator Certificate and an Air Operator Licence through the Transport Malta Civil Aviation Department (‘CAD’), for the provision of air services within the aviation sector. The Malta Gaming Authority (MGA) is the organization in charge of overseeing all gambling-related activities in Malta. Recent reforms, such as the proposed Gaming Act of 2018 and Bill 55 which protects Malta license holders from. Class 4 is a licence to host and manage remote gaming operations. Vera & John. Contact Us. CSB Group will be able to provide assistance to those wishing to protect their business through a Malta Trademark or European Trademark by assisting them throughout the application process. The below form is the formal channel enabling players to lodge a complaint against MGA-licensed Online Casinos. We offer a comprehensive range of services, including bank account opening, software procurement, and merchant account acquisition, to facilitate the seamless. 25% if their profit does not exceed €3. +995706070360. [1] EveryMatrix supplies online gambling platforms, products, and software to online casinos, sportsbook operators, and state-owned or private lotteries. The timeframe for obtaining a new remote gaming licence from the MGA ranges between six and 12 months from the. iGaming License. Malta’s gaming regime applies in a horizontal and technology-neutral manner and, thus, there is no. Malta, as the first EU Member State to introduce online gaming regulations, holds the distinction of being the largest and most sought-after jurisdiction for operators seeking an online gaming license. Employers have found that having an employee benefit scheme in place assisted them in a number of ways, such as easier recruitment, improved employee retention, and faster progress towards the company’s business goals. Revaz Tabukashvili Str. Malta online gaming license from the Malta Gaming Authority (MGA) This online gambling license is considered to be a “Bentley of iGaming licenses”. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. Tax: 5% tax on revenue from Maltese players. Suitable for operators who earn a commission from promoting games. E: info@csbgroup. 1. 1993, no. T: +356 2557 2557. Costs. com, the current estimates state that the gambling market as a whole is growing at an annual rate of almost 6% and is expected to be worth over $565. B2C Fixed Annual Licence Fee. Non-refundable Fixed Annual Licence Fee. Gaming companies in Malta account for around 12% of the country’s GDP. Maltese citizens were estimated to have spent around €125 million in gaming services during 2015, which is around 2. The Republic of Panama entices new casino owners because of the tax exemptions and low cost of entry. , N 45, area N 7. The Malta Gaming Authority (MGA)regulates and separates the industry in two gaming sectors;. Gaming license in Uganda. CSB Group at SBC Summit Barcelona 2023. Four different types of MGA licenses are offered by Malta, each license catering to various segments of iGaming industry:-. The benefits of having an online gaming license. Critical Gaming Supply licence On successful completion of. Supplementing the Trademarks Act, the newly introduced Trademark Rules, 2021 (Legal Notice 50 of 2021), (the “Rules”), establish the rules. Uganda has a complete regulatory framework for lotteries and gaming. Contact Us. They will also find it easier to open bank accounts, enter third party agreements, and offer services to international clients. The Curacao gaming license is known for its affordability and efficiency, allowing operators to offer a variety of online gambling services under one license. We will assist you go obtain insert Malta gaming license GBO has been helping companies maintain Malta Live Gaming Licenses since 2009, and we can assist you in the application process toward ensure a smooth real efficient experience. CSB Group assists clients in obtaining a Malta Online Gaming Licence and provides support throughout the whole gaming licence application process. +356 22030000. 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. T: +356 2557 2557. com. Malta’s gaming licence is usually regarded as one of the most. 5% of the gross gaming yield rather than total turnover. 00, depending on the value of Authorised Share Capital. The gaming industry has grown exponentially; in 2018 alone, it generated over €2 billion ($2. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. This authority is responsible for the monitoring and regulation of the e-gaming business. Licensees must have the core part of their online operation physically located in Malta. The mantra for the organisation is to provide fairness and transparency to all players who use the casinos and sportsbooks licensed. Non-refundable Fixed Annual Licence Fee for. The Curaçao eGaming’s main characteristics are as follows: For all forms of. 1. T: +356 2557 2557. Users make deposits in order to get reward. How much is an online gaming license in Malta? Before submitting an application for the Malta license, operators are obliged to pay €5,000. E: [email protected] Operation Certificate and Air Operation Licence Application Process. 40-1. €5,000. MEDIA ROOM. The property requirement for the Citizenship by Investment Programme requires the applicant to purchase a property of €700,00 or more in Malta or rent a property for a minimum value of €16,000 per year, while the MPRP Programme requires the applicant to. The applicable amounts for the initial gaming licence fee payment are the following: Initial Annual Gaming Licence fee Initial Gaming Licence fee – Gaming Service Licence (B2C) Non-refundable Fixed Annual Licence Fee €25,000 Non-refundable Fixed Annual Licence Fee for operators providing solely B2C (Type 4) gaming services €10,000A “One-Stop-Shop” iGaming Services Provider in Malta. On the 20 th of December 2022, the Employment and Industrial Relations Act (Chapter 452 of the Laws of Malta) was amended by virtue of Act No. Type 2: €100,000 - Encompasses fixed odds betting. tborgolivier@deloitte. At present many of the leading operators transferred the bulk of their operations to Malta. Malta was among the first EU member states to regulate online gambling in 2004. Class 4 Remote Gaming Licence – this license is for software vendors who intend to. This dual licensing strategy leverages the strengths of each jurisdiction to maximize market access and. Author: GBO Specialist. 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. License are now available for online casinos, casino-style games, betting exchanges and lotteries. 5 billion ($27. 00 to a maximum of EUR 1,750. With online gambling still a relatively new phenomenon at the time, the MGA was one of the first to create official legislation and a regulated. Formed in 2001, the Malta Gaming Authority (MGA) exists to provide licences for the legal operation of casinos and sportsbooks based in Malta. There are a number of advantages to obtaining a Maltese gaming license, and among them, we mention: • Credibility in front of the players is much greater when they discover that the respective online betting platform in Malta has a license. Purchase Disadvantages. The Malta Retirement Programme: The Benefits. 25%. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. This is because each jurisdiction offers unique requirements for the casino operator, the software they use, licence application processing time, and licensing costs. Contact Us.