As the first jurisdiction in the EU that introduced regulated remote gaming, with an average of a hundred new applications a year and being the largest EU i-gaming jurisdiction, Malta’s success in the i-gaming arena is undisputed.
Malta’s strategy in i-gaming has been bold and unique. The legislator decided to focus on regulation and transparency, providing a strict approach to licensing and monitoring of gaming operations. This has resulted in optimum protection for players on the one hand, to providing a regulatory solution to operators on the other, thereby achieving a balance between two opposing needs: the suppliers’ and the customers’.
Malta’s main advantage is the fact that it is an onshore jurisdiction. Maltese operators do not face the difficulties that offshore operators face with exchange controls, access to capital markets, access to e-wallets and payment gateways worldwide. In the case of Malta i-gaming licensees, players find comfort in knowing that they are dealing with an onshore jurisdiction whose legislation is in line with the applicable EU legislation and international agreements.
As the first jurisdiction in the EU that introduced regulated remote gaming, with an average of a hundred new applications a year and being the largest EU i-gaming jurisdiction, Malta’s success in the i-gaming arena is undisputed.
Malta’s strategy in i-gaming has been bold and unique. The legislator decided to focus on regulation and transparency, providing a strict approach to licensing and monitoring of gaming operations. This has resulted in optimum protection for players on the one hand, to providing a regulatory solution to operators on the other, thereby achieving a balance between two opposing needs: the suppliers’ and the customers’.
Malta’s main advantage is the fact that it is an onshore jurisdiction. Maltese operators do not face the difficulties that offshore operators face with exchange controls, access to capital markets, access to e-wallets and payment gateways worldwide. In the case of Malta i-gaming licensees, players find comfort in knowing that they are dealing with an onshore jurisdiction whose legislation is in line with the applicable EU legislation and international agreements.
Country Highlights
| GAMING JURISDICTION: Largest in the EU |
REGULATOR: Malta Gaming Authority |
| NO. LICENCES: 490+ |
SYSTEMS:Cloud ready jurisdiction |
| CUSTOMER ACCOUNTS: 26.6 million + |
SKILL GAMES LAW : Issued in February 2017 |
Legal Basis
Business to Consumer (B2C) licence – a licence to offer skill games services to consumers.
Business to Business (B2B) licence – a licence to offer skill games supply to other businesses, excluding end customers
Benefits
- Cost Effective Licence Fee
- Fast Process, 10 weeks
- No Financial Guarantee Required
- 5% Net Effective Corporate Tax
- Technology & Game Neutral Regulations
Eligibility
- A Maltese or other EU/EEA body corporate
- No restrictions on the nationality of the ultimate beneficial owners of the body corporate
- A Key Official, Money Laundering Reporting Officer and Security Officer appointed
- Provision of access to data to the MGA
- The operator must pay gaming tax in Malta
- Players’ funds must be kept separate from operations’ funds
Process & Timeline
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