Gaming License in Malta - BVML

Gaming Licenses in the Republic of Malta

gaming license malta

A gaming license in Malta, issued by the Malta Gaming Authority (MGA), allows operators to legally offer online gambling services within Malta and internationally. Malta is a popular jurisdiction for gaming licenses due to its robust regulatory framework, which ensures fair play, player protection, and financial integrity. The licensing process involves thorough background checks, financial scrutiny, and compliance with strict operational standards. Benefits include access to the EU market, a stable regulatory environment, and a favorable tax regime, making Malta an attractive destination for gaming operators.

malta flag gif

Despite its small size, Malta attracts many foreign investors due to its pro-business environment and tax-friendly policies for long-term investments. Additionally, Malta offers a wide range of special permits and licenses for various global businesses, providing numerous opportunities for international enterprises.

Special Permits and Licenses in Malta

BVML has successfully structured over 4,000 gaming business licenses in the Republic of Malta. We take pride in this achievement, as our global clients recognize our efforts in making their business processes highly functional.

As a DIRECT ISO provider regulated by the MFSA and the Malta Gaming Authority, BVML is privileged to offer the fastest gaming incorporations worldwide for businesses setting up in the Republic of Malta.

Pricing Structure

The pricing structure for a gaming license in Malta generally includes the following components:

Application Fee: This is a non-refundable fee paid at the beginning of the application process.
License Fee: An initial fee paid upon approval of the license application, covering the issuance of the license for a specified period.
Annual License Fee: A recurring fee paid annually to maintain the gaming license.
Compliance Contribution: Some licenses may require a compliance contribution, which is used to fund the Malta Gaming Authority’s regulatory activities.
Additional Fees: Depending on the type of gaming license (e.g., B2B or B2C), additional fees or contributions may apply.

It’s important to note that the exact fees can vary based on the type of license and the specific requirements of the Malta Gaming Authority (MGA). Prospective applicants should consult directly with the MGA or a legal advisor specializing in gaming licenses for precise and up-to-date fee structures.

The Freedom of Information Act (FOIA) in Malta provides public access to government records to promote transparency and accountability. For Payment Services Provider (PSP) licenses, this means that information related to the licensing process, regulatory compliance, and the status of licensed entities can be accessed by the public under FOIA provisions

The Freedom of Information Act (Cap. 496) (FOIA) requires public authorities, including Ministries, Departments, and Public Sector entities, to provide access to documents they hold, in accordance with and subject to the provisions of the Act.

For requests specifically related to an individual’s personal information, assets, interests, or right of access, the applicant must provide copies of an Identity Card or Passport to process the request and release the relevant information as stipulated by the Act.

However, it is important to note that the Gaming Act (Cap. 583 Art. 8) states that any document produced under this Act is to be kept secret and confidential and may not be disclosed or produced except for the purposes outlined in the Gaming Act.

MGA.

BVML MGA ISO Agreement

MGA Guidelines & Regulatory Frameworks

Cap .583 Regulations

The intermediary guidelines for gaming licenses in Malta outline the responsibilities and requirements for entities that act as intermediaries between gaming operators and players. Key aspects include:

Regulatory Compliance: Intermediaries must adhere to Malta Gaming Authority (MGA) regulations, ensuring transparency and fairness in gaming operations.
Player Protection: Guidelines emphasize measures to protect player funds, ensure fair gaming practices, and prevent underage gambling.
Due Diligence: Intermediaries are required to conduct thorough background checks on gaming operators they represent to verify compliance with licensing requirements.
Reporting Obligations: Requirements for reporting suspicious activities and compliance with anti-money laundering (AML) regulations.
Advertising Standards: Guidelines cover advertising practices to ensure they are honest, transparent, and compliant with MGA rules.
Data Protection: Intermediaries must safeguard player data in accordance with Malta’s data protection laws.

These guidelines aim to uphold the integrity of Malta’s gaming industry, promote responsible gambling, and maintain a trustworthy environment for all stakeholders involved.

SUBSIDIARY LEGISLATION 583.10

In some countries, an international business license is required to operate. Additionally, if you wish to be a major shareholder in a company headquartered in a country that mandates such a license, you will need approval before acquiring a stake. While requirements vary by country, there are several basic steps to obtaining an international business license. Business Ventures Management Limited is your one-stop hub, having structured over 18,000 Global Businesses worldwide to date.

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Naxxar NXR 1013, Malta.

EMAIL

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