• Malta Casino License

Malta located in the Mediterranean Ocean is one of the smallest but most developed nations of the world. A member of the European Union, Malta has acquired prominence owing to the strategic location of the country placing it at the cross roads of international trade routes. On the other hand, the country also has a well developed tourism industry which makes a significant contribution to the economy. In recent years, Malta has also developed as an offshore financial services hub owing to the establishment of a number of international banks and financial institutions in the country.

Malta Gaming License

Malta Gaming License

Malta was the first country in European Union to regulate the e-gaming (remote gaming) sector through regulations issued in 2004. The Gaming Licenses in Malta are issued by Malta Gaming Authority. The Gaming Authority was formed under the Operation of Betting Offices Regulations (S.L. 70.04). The remote gaming sector on the other hand is regulated under the Remote Gaming Regulations, 2004.

Types of Gaming Licenses in Malta:

There are four types of Gaming Licenses in Malta. They are:

Sl No.Class of LicenseCharacteristics of the License
1.Class 1
Remote Gaming License
Allows operators to organise casino type games and online lotteries. Operators manage their own risk on repetitive games
2.Class 2
Remote Betting License
Allows operators to organise fixed odds betting. Operators manage their own risk based on a matchbook
3.Class 3
Gaming Promotion License
Allows the promotion or abetting remote gaming in or from Malta. This includes peer to peer gaming or Poker rooms
4.Class 4
Game Hosting and Management License
Allows hosting and management of remote gaming operations on behalf of other operators.

In addition to these forms of licenses, there are three additional forms of licenses for special purposes:

Sl No.Class of LicenseCharacteristics of the License
1.Class 1 on 4Allows a Class 1 License holder to operate games on the equipment/ software of a Class 4 Licensee.
2.Class 2 on 4Allows a Class 2 License holder to operate games on the equipment/ software of a Class 4 Licensee
3.Class 3 on 4Allows a Class 3 License holder to operate games on the equipment/ software of a Class 4 Licensee.

Steps for a Malta Gaming License

There are four distinct stages in the process of application for a Malta Online Casino License.

Stage 1: Evaluation if the applicant is fit and proper to apply.

At this stage, the personal details of the applicant are evaluated by the Gaming Authority. Keeping in mind the provisions of the Regulations, the applicants are requested to submit-

(a) Their personal background information;

(b) financial information;

(c) participation in legal activities, including but not limited to, any interest or equity in any other commercial activity;

(d) criminal record information;

(e) information concerning all pecuniary, equity and other interests in the applicant; and

(f) Any other information required by the Authority, for every director, key official and chief executive officer of the applicant and for every shareholder with five percent or more ownership of, or controlling interest in the applicant.
Information is sought from domestic and international authorities about the applicants and their history.

Stage 2: Evaluation if the Business Plan.

At this stage the business plan of the applicant is evaluated and the specific metrics such as estimated revenues, estimated payouts, employee costs, tax payments etc. are evaluated.

Stage 3: Operational and Statutory Requirements

The basic eligibility for the company is now evaluated. Few of the important criterion to fulfilled after:

(a) The company has to be incorporated according to Maltese Law.

(b) Class 1 and Class 2 license holders need to have a minimum share capital of €100,000
Class3 and Class 4 license holders need to have a minimum share capital of €40,000.
Companies with multiple licenses need to fulfill both the above conditions mentioned cumulatively and must have a minimum share capital of €240,000.

(c) Review of the laws of the games and the control systems.

Stage 4: Starting operations and Independent audit

On completion of all the three stages mentioned above, the applicant is permitted to implement the plan and start his operations within 60 days of the permission. When the operations are started, an independent auditor can be requested within the period to validate the functioning of the operations. If the operations are validated, a license is issued for a period of 5 years.

After the issuance of license, the operators have to make regular filings and audits by independent authorities at fixed intervals or as ordered by Gaming Authority

Malta gaming license cost

The cost of Malta Gaming License involves a number of components and the costs can vary according to the type of license.

A brief overview of the costs is as follows:

Category 1 Licenses

Sl No.Type of FeeDetails about the FeeFee amount
1Application Fee for New LicensePaid on application for the first time€2,330t
2.System ReviewAdvance Fee for the audit by Independent auditor/td>€2,500
3.Licence FeeFixed Fee to be paid per annum per license€8,500
4.Application Fee for Renewal of LicencePaid on application for renewal of license€1,500
5.Approval Fee for Transfer or Assignment of LicencePaid upon approval for every license€1,500
6.Approval of Share TransferPaid upon approval for every licensed company€1,500
7.Approval of Simple Contractual Commercial AgreementsPaid per annum per contract. Value of Contract not to exceed €30,000€70
8.Approval of Complex Joint Venture AgreementsDepends upon pre communicate hourly feeNA
9.Compliance ReviewAdvance Fee for the execution by Independent auditor€3,500

Taxation Rates for Malta Gaming Licenses

The Income from the Gaming operations is taxed at different rates and they are as follows:

Type of LicenseAmount in EuroseDetails about the Tax
Class 1 Licence4660
7000
Per Month for the first 6 months
Per Month for the entire duration of the licence
Class 1 on 4 License1200Per Month for the entire duration of the licence
Class 2 License0.5%Of the gross amount of bets accepted in remote betting operations
Class 2 on 4 License0.5%Of the gross amount of bets accepted in remote betting operations
Class 3 Licence5%Of real income
Class 3 on 4 License5%Of real income
Class 4 Licence hosting and managing other remote gaming operatorsNil
2330
4660
for the first six months
Per Month for the subsequent 6 months
Per Month thereafter for the entire duration of the licence
Class 4 licensee hosting and managing an operator which is not in possession of the relevant Class 1, 2 or 3 licence in terms of the regulations, however hosting an EEA licensed Business to Consumer operator1165Per Month per operator, paid by the Class 4 Licensee
Remote Gaming Tax Capping per licensee per remote gaming licence€466,000Per Annum

How to get a Gaming License in Malta

Empire , a leading Professional Services & Advisory Firm focused on Gaming Law offers you a simplified path to apply for any Malta Remote Gaming License. With our team of Gaming experts, we can assist you at all the steps right from forming an independent company to submission for independent audit. If you are interested in obtaining more information about this program, please complete this short online application. One of our representatives will be in contact with you. You can reach us through phone at +60350331665 or visit our website www.empireglobal.partners We also look forward to your emails at info@empireglobal.partners We offer clear written contract agreements clearly mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.
Malta Gaming Authority Official Portal

No designation has been made by the Texas Board of Legal Specialization for a Certificate of Special Competence in this area.