Malta
Malta, located in the Mediterranean Ocean, is small but one of the most developed countries in the world. A member of the European Union, Malta has acquired prominence owing to the strategic location of the country placing it at the crossroads 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 developed as an offshore financial services hub owing to the establishment of several international banks and financial institutions in the country.
Malta Online Gaming license Overview
Malta is known as a favorite location for online betting. The Maltese government is one of the world’s most gambling-friendly. The 2018 regulatory restructuring simplified the licensing regime and streamlined the tax system to avoid double taxation, eliminating the gaming tax.
Online gambling licenses from the Malta Gaming Authority are highly valued by operators. The world-renowned license is regulated by Malta Gaming Authority. The License covers all gaming operations, network operations, affiliates, white-label operations.
Malta is also home to SiGMA, one of the global iGaming industry’s biggest and most important annual events.
Malta Gaming License
Malta is the first member state of the European Union to accept online gambling. Lotteries and Gaming Authority changed to the Malta Gaming Authority in 2015, has built a reputation as a leading licensor and regulator in the online gambling industry. Malta’s licensing and regulatory framework was revised in 2018 with the introduction of the Gaming Act 2018.
There are 4 types of licenses:
- Remote Gaming License
- Remote Betting License
- Gaming Promotion License
- Game Hosting and Management License
Malta offers attractive tax conditions for gambling industry. The Malta Gambling license is one of the most desirable and prestige license in the world.
What is the process to obtain a Malta Gaming license?
There are few steps to obtain a Malta Gambling license. The first step is evaluating if the applicant is fit and proper to apply for the license. The second step is evaluation of the business plan, estimated revenues, estimated payouts, employee costs, tax payments. The next step is operational and statutory requirements check where the MGA examines incorporation documents, verticals, terms and conditions, policies, and procedures. The final step is implementing the plan and start operations within 60 days of permission. Within 90 days of going live, the operator must have a compliance auditor recognized by the MGA to review the project.
Once the application and all relevant information have been submitted, it takes from 12 to 16 weeks for approval.
How to obtain Malta Gaming License?
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 an 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 by phone at +60350331665 or visit our website empireglobal.partners. We also look forward to your emails at info@empireglobal.partners We offer clear written contract agreements mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.
