Malta online gambling license price is dependent on the class of license (B2B or B2C) and if it is B2C, then on the license types for services that are being offered. For a critical gaming supply licence, a body corporate must be established in Malta (or an EU or EEA country) and have the required share capital of at least €40,000. Licensees must pay taxes according to their revenues, but the. We offer a comprehensive range of services, including bank account opening, software procurement, and merchant account acquisition, to facilitate the. For over 20 years, the MGA has been regulating gambling businesses, including online casinos and sportsbooks. In all cases, a basic non-refundable fixed annual license fee is levied. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. A capped gaming tax (depending on the type of gaming/betting operations carried on) coupled with the refundable tax credit system available under Maltese law provide for a very attractive fiscal regime for Maltese. 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. For example, taxes on betting activity are 0. S. This not only benefits the team, you profit from it too. A Class 3 Remote Gaming Licence, which is a licence to promote and, or abet remote gaming from Malta, examples of which would include poker networks, peer-to-peer ("P2P") gaming and game portals; and;. states by the end. The granting of the MGA licence coincides with BeyondPlay revealing that it has added a robust jackpot engine to. Lunching 2023’s Curacao Gaming License: Curacao is advancing its gambling sector, planning to directly license operators from November 2023. 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. An iGaming licence may be provided for any one or all of the. 583 of the Laws of Malta) and other applicable regulatory instruments (hereinafter referred to as the ‘Regulations’). 1 – from EUR 15. Gaming License For B2C: Non- Refundable Annual Fee paid in advance upon the issue of license — €25,000. Registration of the company in an offshore territory and a. The Regulations also classify ‘other games’ under Part VIII of the Gaming. com. The applicable Malta gaming licence costs, including taxes and licence fees are found under the Gaming Licence Fees Regulations (Subsidiary Legislation 438. The National Betting Authority oversees Internet bookmaking. CasinosHunter overviews this license issuing body in detail in this overview. 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. Law & Trust specialists take care of the entire preparation, submission, and review of the license application. Four different types of MGA licenses are offered by Malta, each license catering to various segments of iGaming industry:-. There are currently four licensed casinos operating in Malta. The MGA has stringent licensing requirements and only issues licenses to operators who. How to Get a Gambling License From Curacao Gaming Authority. Here are some key distinctions: Regulatory Rigor and Reputation: Malta: The Malta Gaming Authority (MGA) is known for its stringent regulatory standards and thorough. The MGA offers four different license categories: controlled skill games, remote gaming, remote betting, and hosted in Malta. Malta has become the leading hub for e-gaming licenses, owing to the robust gaming framework put in place in 2004. Upgaming, a leading iGaming solutions provider, has published its latest guide, "How to get Malta Gaming (MGA) License in 2023. Swatar, Malta – June 4, 2020: GGPoker Network today announces that it has been awarded a Type 3 Gaming Services license by the Malta Gaming Authority (MGA). Usually, the purpose of applying for a gaming license in Malta would be to license an online casino, rather than a brick and mortar casino on the island. Established under this Act, the Malta Gaming Authority (MGA) is responsible for the issuing of gaming licences, for ascertaining that licensees are fit and proper persons to carry out the functions relative to gaming, for ensuring that licensees comply with the. Comparatively speaking to Curacao, Malta and the UK typically have greater license acquisition expenses. Gibraltar can issue 6 types of licences. Rootz Ltd. Malta’s gaming licence is usually regarded as one of the most prestigious and stable in the world. 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. By getting this license, GameArt will be able to increase the reach of its slot games inside the jurisdiction of Malta, as well as enjoy more. 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. discover more . 02 - Gaming Malta Fund Regulations. In depth information about the taxes can be found in the. So, getting the Malta Gaming Authority licence is not a one-time deal. Curacao gaming license offers only one type of license to permit operators and software providers deliver sports betting, games of skill and chance. 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. Anticipated Reforms 1. The gaming industry has grown exponentially; in 2018 alone, it generated over €2 billion ($2. Class 2: This license covers online sports betting, such as fixed odds betting and pool betting. Firstly, the Malta Gaming Authority (MGA) is one of the most respected in the. The National Lottery is Malta's main lottery. As a startup taking the first step towards online gambling, a Curacao license is the most sensible choice. Gaming license in Tanzania covers virtual casinos and bookmakers. €25,000. Class 3 on 4 Remote Gaming License. € 10,000. Relevant Authorities and Legislation 2. All operations and gaming servers must be within Malta. The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. by Andrew J Zammit, Gayle Kimberley and Amanda Vella, GVZH Advocates. 05 - Gaming Authorisations Regulations. MGA Casinos offer unlimited bonuses, fast payments, and tax-free winnings – without game restrictions or safety concerns. The Malta Gaming Authority would like to inform its licensees and the general public that the Remote Gaming Regulations (S. Check List Gaming operator MGA Regulatory Change. Douglas, Isle of Man. com. Like all other types of licenses, this one also has a non-refundable fee of £185, which must be paid via credit or. Only the Curacao license stands above when it comes to prestige and fame. There are a number of reasons why acquiring a Maltese online gaming license is a benefit. 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. Malta's success in online gambling is due largely to its legal environment. 2. License holders also have to pay a compliance contribution that can reach EUR 600,000 depending on how much revenue. The Malta Gaming License, more commonly referred to as the MGA license, is a coveted credential in the global iGaming scene. 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. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. SoftSwiss is delighted to announce that the company’s Game Aggregator has now received a B2B licence from the Malta Gaming Authority (MGA). The new Curacao gaming License – We will assist with obtaining licenses under the new. Within this document are reported key findings about Business Risk Assessments (BRAs) implemented by subject persons in. Our analysis suggests that this projected change, referred to as “essential” by Finance Minister Javier Silvania, is similar to the Malta gaming licensing system. Online/Mobile/Digital/Electronic Media 4. Malta was the first country in the European Union to be granted the right to issue licenses for online casinos. There are also various monthly hosting and maintenance fees. Games there must work using Random Number Generator (RNG); Class 2 – this licence is required for sports betting operators; 3 Class – it is a type of license which can be used in poker rooms, for bingo games as well. The Malta Gaming Authority (MGA) has cancelled the B2C gaming licence of Arabmillionaire after the online operator breached a number of regulations. The Malta Online Gaming Licence Application Process. 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. Businesses that generate more than 5 million euros are not subject to this tax. The following services shall each constitute a gaming service: a. + 6% Sales Tax. Anticipated Reforms 1. Understanding the Price of a Gaming License for Sale in Malta. Malta. The Malta Gaming Authority (MGA) will grant an applicant with one or both of the following licences: Gaming Service Licence (B2C) A Business to Consumer licence to offer or carry out a gaming service. Timothy joined the cross-border tax team at Deloitte Malta in July 2013 as a summer intern where he began to develop his interest in international taxation while completing his studies at the Universi. One-time, non-refundable Application Fee. The MGA ruled that Dorobet breached regulation 9 (1) of the Gaming Compliance and Enforcement Regulations, specifically paragraphs B, C and L. Class 2:- It is mainly tailored and designed for sportsbook operators. 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. The price includes two domains and one validator. 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. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. To obtain a Malta gaming license, an operator must meet strict requirements in terms of financial. A fixed annual licenсe fee – €25,000; flexible taxation – 0. According to the regulator, AMGO was found guilty of three core breaches. Annual fee for type 4 license. 000 to EUR 375. Additionally, Malta charges license holders regular fees depending on the kind of license it holds. Relevant Authorities and Legislation 2. iDefinitions 1. Submission of a package of documents to the MGA (Malta Gaming Authority), which includes a written application with a request for a permit, a business plan, information on founders and managers of the company, and other documents. You may consider the verification process far removed. Their comprehensive laws, directives, and licensing norms ensure that all and even the new MGA casinos under them protect the interests of players. The Benefits of Obtaining a Malta Gaming License; Basic Requirements for a Malta Gambling License: Gaming operation review; Application procedure Taxes;. Malta Gaming License Cost. We hold our license with the Malta Gaming Authority (MGA). Raise your game with our corporate and compliance services. 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). L. More. Taxation. Validity: The license granted to an internet gaming company in Malta is valid for 10 years. ⚖️ Advantages and Disadvantages of the Malta Gaming License. 150. The Malta Gaming Authority will conduct an analysis of the applicant’s financial suitability for holding a gaming licence and carrying on gaming operations under said licence. 5% on the gross amount of accepted bets and 0. Cyprus – National Betting Authority under the Cyprus Gaming Commission. The UK Gambling Commission accepts licensing applications for both online and land-based casinos. meets the requirements of the new State Treaty and thus receives, as one of the first Malta-based companies, the licence to legally operate online slot machines in Germany. This shall be determined by the gaming revenue generated during the licence period depending on the type of gaming services approved (minimum compliance contribution fee is applicable). The MGA license is sought after by most gambling operators. In 2001 it amended its gambling laws to take into account the possibility of. Class 1 is a remote gaming licence suitable for casino-style games and online lotteries. In addition to administrative fees as per the fourth schedule found under the Gaming Licence Fees Regulations (S. Game Types; Licence Number Game Type Approved Service Providers Approved Vertical Approved; MGA/B2B/801/2020: Type 1 Gaming Services • Swintt Malta Ltd MGA/B2B/745/2019 • N-Serve Limited MGA/B2B/406/2017 • Evolution Gaming Malta Limited MGA/CRP/187/2010 • Evolution Red Tiger Malta Limited MGA/CRP/480/2018 •. This Malta gaming licence is known as a B2C licence. The second Malta gaming licence is the Business-to-Business (B2B) Critical Gaming Supply Licence. The company, renowned for its Type 2 Gaming Services license, has been left reeling as the. Reading Time: 2 minutes. Relevant Authorities and Legislation 1. and Evolution Gaming Malta Limited is licensed and regulated by the Malta Gaming Authority under license MGA/CRP/187/2010/01. As a result of the reform, it is possible to obtain one of two licenses in Malta: B2B – A license. The license cost is high compared to some other jurisdictions and the process is complex. Opening a bank account; Opening a merchant account;. There should also be a paid-up capital of 40 or 100 thousand euros depending on the license class to ensure the solvency of the enterprise and the security of player winnings and deposits. In addition to the licensing application fee, annual fees are required. 04. Acquiring a Gaming License in Malta . 3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. 01 of the Laws of Malta) regulate land-based casino gaming in Malta. The regulatory framework applicable to both online and land-based gaming in Malta is consolidated into the Gaming Act (Chapter 583 of the Laws of Malta – "the Gaming Act"), and Subsidiary Legislation 583. Remote Gaming. Currently, they offer two types of licences; B2B and B2C. You must declare which types of games the license is issued for your company registered in Malta. 00%. A lot of companies say their team is great. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. 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. At the same time, SA allows the launch of online bookmaking platforms and issues relevant licenses. It had suspended the licence last year. MGA is headquartered in Malta and was founded in 2001. The purpose of this new legislation is primarily to strengthen the Curacao license by imposing higher barriers to entry for operators, aligning the Curacao license with counterpart licenses in EU jurisdictions. However, where such licence is granted to the holder of. One-time, non-refundable Application Fee. 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. 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. Malta is regarded as the gold standard in terms of iGaming licensing. GBO provides a full set of Curacao Gaming License, company formation, bank accounts, KYC policies and procedures, contact us now for a price offer +97235104257. 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. 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. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. 04. By. The gaming industry has been expanding in Curacao since 1966. Throughout the world, gaming and gambling operators recognise the business opportunities and other benefits that are available to those who operate. Like other EU gaming licenses, Malta gambling license cost is higher than other offshore licenses. €10000. At the time, the Malta regulator warned the operator could have its licence cancelled if it failed to address. Reading Time: 1 minute SoftGamings is thrilled to announce that another one of its products has received a licence from the Malta Gaming Authority. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. 438. In this regard, the applicant will be expected to submit a business plan with a three (3) year forecast which will include a marketing & sales plan, a forecast statement of. WhatsApp us: +972504938469. 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. The cost of a Malta gaming license varies by category. The Malta Gaming Authority (MGA) is the organization in charge of overseeing all gambling-related activities in Malta. Andrew J Zammit, Dr. Malta has a long history in gaming legislation. 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 B2B License will enable the online poker network to continue its expansion into new markets. Gaming license applicants should demonstrate the financial and technical ability to carry out gaming operations in compliance with Malta laws and regulations. The regulation of online gambling, which Malta first launched in 2004, remains one of the most widely recognized regulatory frameworks in the world. The cost of acquiring a gaming license in Kahnawake is relatively low compared to other jurisdictions. Process of starting. However, there are some start-ups with specific EU target. Types of Maltese gambling license. Your LinkedIn Connections. Today the Malta Gaming Regulatory Commission (MGA) regulates most types of online games. Reading Time: < 1 minute. 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. Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. Class 2 – a remote betting licence for sports (fixed-odds) betting. Each heading holds a comprehensive list of all operators. Introduction Current Outlook. 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. Originally, the Licensing Authority would only consider “blue chip companies with a track record in gambling in other jurisdictions”. Gaming companies in Malta account for around 12% of the country’s GDP. Strickland Jr and Donna Bugelli. The license is more suitable for large and well-established operators who have enough funds and the experience to go through the whole application process. The regulatory framework applicable to both online and land-based gaming in Malta is consolidated into the Gaming Act (Chapter 583 of the Laws of Malta – "the Gaming Act"), and Subsidiary Legislation 583. Here you will find the information on gaming licensing in 35+ jurisdictions, including Curacao, Malta, UK, Gibraltar, Alderney and others. com launched in Colorado and expansion plans include four additional U. L. There are a number of reasons why acquiring a Maltese online gaming license is a benefit. Corporate structure: Curacao Company. For more information, you can also read our overview of online gambling jurisdictions. Alderney Gambling Control Commission — This jurisdiction is recognised for its high standards of regulation and player protection. €5,000. This one works for operators who manage game elements that control regulatory records. +995706070360. Upon obtaining the license, the Licensee is to submit a “Go Live Date” which can’t be later than 60 days since receiving the license. Similar to the Curacao license, the Anjouan Gaming License provides operators with a number of benefits. For more information, you can also read our overview of online gambling jurisdictions. Our experts will help you to obtain a license. 1. Class 2 is a remote betting licence for fixed-odds sports betting. GBO Malta's licensing experts will assist you to obtain your MGA license including bank accounts, merchants, software and everything that you need to start your Malta gambling business We will assist you to obtain your Malta gaming license GBO has been helping companies obtain Malta Online Gaming Licenses since 2009, and we can. Malta Gaming License; Malta Key Functions; Malta VS Curacao; Why Malta is best jurisdiction; Kahnawake. The MGA offers four different license categories: controlled skill games, remote gaming, remote betting, and hosted in Malta. Economic presence. The MGA was established in 2001 and has since been a pioneer in setting industry standards and ensuring a fair and safe environment for both operators and players. If necessary documentation and information is provided to the Malta Gaming Authority, the entire process of getting a gaming license in Malta takes between 12 weeks and 16 weeks. For every euro of the next €10,000,000. Curacao Online Gaming License, Isle of Man Gaming License, Kahnawake Online Gaming License, Malta Gaming License; Regulatory and Compliance Services – We’re experienced. Acquiring a Gaming License in Malta . B2C – Gaming Service Licence. Gaming Tax ( 5% of the gaming revenue generated from the gaming service) Compliance Contribution (Refer to Fees Document) Taxation. In April 2004, Malta became the first member of the European Union to regulate Remote Gaming. Tel: +356 2546 9000. The new checklist will come into force from 3 May 2022, which builds on the previous version. It is considered as one of the largest online gaming jurisdictions and the most popular. – Resume (CV) – Evidence of no criminal history. Malta has a long history in gaming legislation. Additional Information can also be viewed through the dynamic seal. 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 . Operating in an EU jurisdiction, as well as favorable tax incentives, are all advantages of a Maltese gambling license (as low as 5 percent. Expect funky visuals, cool animations, and the iconic Wheel of Rizk, which is a massive pull for Nordic players. The Maltese License will be valid for five years from the date of issuance. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. VFA, BLOCKCHAIN & FINTECH SERVICES. 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. 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. T: +356 2557 2557. MGA asked BTM Entertainment. It is issued for conducting a gambling business from the territory of Malta. Many top developers have obtained licences from the Malta Gaming Authority. 1. 12) (the. Malta (B2B – B2B Online Gaming Licence) Directorship Services. Isle of Man. In September, SportsBetting. Application fee (includes cost of conducting due diligence checks and the first annual licensing fee): $35,000. The Malta Online Gaming Licence Application Process. Gayle Kimberley, and Dr Amanda Vella dealing with Gaming law in Malta. Second, it is important to centralize the process from the Curacao government, so that the CGA can supervise licensed operators and. A B2C licence can be obtained in relation to one or more game types as follows: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. Curacao Gaming Authority license renewal and convert sub-license to master license We’re experts in obtaining both Curacao gaming license B2B and Curacao gaming license B2C . RN/141/2019 • Lazinco Technologies Limited RN/137/2019 • Swintt Malta Ltd MGA/B2B/745/2019 • Push Gaming Malta Limited MGA/B2B/779/2020. Malta Gaming Tax: Compliance contributions. 01. The B2C Malta gambling licence is issued to gambling operators, such as online and land-based casinos that offer their services directly to players (customers). The licence for gaming activities in Malta is available to operators, bookmakers, owners of poker rooms, and lottery sites. e. Malta has become the leading hub for e-gaming licenses, owing to the robust gaming framework put in place in 2004. Class 2 – a remote betting licence for sports (fixed-odds) betting. Malta Gaming Authority. A gambling licence from the MGA is issued to companies that fulfill the following conditions. Obtain the new Curacao Gaming License and convert your Sub-License to the new Master-License. Submission of a package of documents to the MGA (Malta Gaming Authority), which includes a written application with a request for a permit, a business plan, information on founders and managers of the company, and other documents. Malta offers four different types of licenses. The application process is a long one and requires a series of in-depth audits and reviews. This is a fit for large market players who have the expertise and the appropriate capital. Some of the most popular gambling jurisdictions are Curacao, Malta, Alderney and the United Kingdom. These fees are determined by the operator’s annual income and license category. The highly reliable license from MGA ensures a presence in numerous markets. Malta Gaming License Malta is the second most popular online gambling jurisdiction. The United Kingdom Gambling Commission. L. 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. Note: You can also see all licensed casinos sorted by software developers, deposit and withdrawal. L. Licensee Hub Applications Compliance. Stage №1. GBO Malta's licensing experts will assistance you to obtain your MGA license including bank accounts, merchants, software also everything that you need in start thy Malta gambling business We will supports you to get your Malta gaming license GBO has been helping companies obtain Malta Online Gaming Licenses since 2009, also. Gaming Malta is an organization that promotes Malta as a leading jurisdiction for gaming regulation in the local and international markets. Niji Narayan. 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. We pride ourselves on helping our clients attend to their legal, administrative, and regulatory. 1. For over 20 years, the MGA has been regulating gambling businesses, including online casinos and sportsbooks. But ours is truly magnificent! We like to keep it that way, by investing in fun, dedication and teamwork. Before that date, the MGA representatives will tag the gaming equipment. Class 3 is a licence to advertise gaming in or from Malta. BeyondPlay, a B2B start-up developing next-generation engagement software for online operators, has secured a B2B Critical Supply Licence from the Malta Gaming Authority. Enforcement and Liability 5. License costs €25k, plus minimum paid-up capital €100k. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. For over 20 years, the. Such fees include; Application Fee for a New Licence of 5,000 Euro, which has to be paid when applying for the Gaming Licence. Class 4: This license is for operators who host and manage other remote gaming operators, excluding themselves. The MGA, being the supervisory and regulatory authority for "gaming" in Malta, is entrusted with and required to monitor the. Let’s have a look at the several advantages that online licensed gambling platforms enjoy with the MGA license:The Financial Intelligence Analysis Unit (FIAU) is publishing, alongside the Malta Gaming Authority (MGA) and the Malta Financial Services Authority (MFSA), a document titled “The Business Risk Assessment”. 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. The price includes two domains and one validator. Obtaining an online gambling or betting license is a necessary step when starting any gambling business. Annual fee for type 4 license. B2C Fixed Annual Licence Fee. The local gambling license cost is £5,000 (€5,600). Services. Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. Payable for software review – Euro 2,350. €25,000. Since then, the Remote Gaming Regulations of Malta led to the country being the first-ever EU. How much is a gaming license in Malta? Cost of a gaming license in Malta: The cost of a gaming license in Malta varies based on the type of license sought and the size of the operation. 7. According to the PwC Global Entertainment & Media Outlook 2021-2025 Report, during COVID-19, movie theatre box office revenues fell 71% in 2020. The Subsidiary Legislation addresses various aspects of gaming operations, such as the. Malta’s gaming license. These are based on annual gross gaming revenue and are laid out in a tiered system. The Group. Curacao Sub-licenses are to be renewed until the beginning of 2024. For now, online gaming like casinos, bingo, lotteries, etc. It provides a variety of licenses, including B2C and B2B versions. The Maltese Gaming License allows companies to provide gaming services in or from within Malta. 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. The Malta gaming license represents the prestigious grademark of the iGaming industry. Maltese gaming licence the best solution to any operator. Affinity is a leading Corporate and Trust Service Provider with offices in the Isle of Man and Malta. We offer the best price & service. Since March 2020, the Curaçao Gaming Control Board (GCB) has been tasked with the licensing for and supervision of the online gaming sector on behalf of the Minister of Finance. Malta is an extremely sought-after gaming jurisdiction, because of its regulations and robust ecosystem of professionals. Non-refundable Fixed Annual Licence Fee. 583. You can claim B2B and B2C gaming licenses. The Malta gaming licence issued by the Malta Gaming Authority (MGA) is undoubtedly one of the most reputable licences for online gaming worldwide. Online casinos that have received a gambling license from the Malta Gaming Authority tend to be more credible and trustworthy than the ones not licensed. We are able to issue new Curacao sub. The below form is the formal channel enabling players to lodge a complaint against MGA-licensed Online Casinos. Malta is also one of the most well-known destinations for companies seeking to obtain a gaming license. AE Malta, previously Aequitas, is a company offering legal and other services related to iGaming and compliance. The default gaming licence term, whether original or renewed, is of 10 years. €10000. 07 - Gaming Premises. Additionally, they must pay a 5% tax on revenues from all players who are residents of Malta. Enforcement and Liability 5. Comparing Malta and Curacao gaming licenses provides a good example of the differences between an onshore (Malta) and an offshore (Curacao) gaming license. Non-refundable Fixed Annual Licence Fee for. Maltese License Features. 000 per year. It includes P2P (peer-to-peer) gaming, poker networks, betting exchanges, and game portals.