Not all gaming licenses are created equal, and the most important thing to consider is the perception attached to the license being applied for. Should the country issuing the license have a rocky reputation in relation to the safeguarding of relevant legislative rights, this could have a lasting and detrimental impact on your business. Malta offers one of the most respected licenses in the iGaming industry, backed up by years of experienced operation and a robust legal framework.
Malta Gaming Authority Licenses
The Malta Gaming Authority (MGA) offers two licenses:
- A business-to-consumer (B2C) licence to provide a gaming service
- A business-to-business (B2B) licence to provide a critical gaming supply
A ‘gaming service’ license will allow the operator to offer, provide or operate games whereby players may participate. This refers to customer-facing interfaces such as online casinos.
On the other hand, a ‘critical gaming supply’ is the actual provision of software that’s used to generate or determine the outcome of a game, an indispensable component of the processing, and /or the management of essential regulatory data. This is the sort of license that’s applied for by game providers or game platforms.
With a B2C license, the applying entity must choose between 4 Classes:
- Class 1 regulates games where operators must manage their own risk on repetitive games. For example, casino games and online lotteries.
- Class 2 regulates games where operators must manage their own risk on events based on a matchbook. For example, fixed odds betting, pool betting and spread betting.
- Class 3 regulates games where operators take a commission from promoting or abetting games. For example, P2P gaming and poker networks.
- Class 4 is applied when there’s a requirement to host and manage remote gaming central system, and where software vendors provide management and hosting facilities on their platform.
Classes 1, 2 and 3 can also be combined with a Class 4 license.
How AE Can Help
In order to successfully apply for a remote gaming license in Malta, the applicant must meet several requirements and continue to remain compliant once the license has been issued. Our team of well-connected professionals work closely with various Maltese government departments and regulators, staying on top of this rather fluid legislative space. AE’s team of professionals can handle all license applications that fall under the competence of the MGA, helping clients to achieve swift authorisation to conduct regulated iGaming activities in Malta.