Located in the heart of the Mediterranean Sea, Malta is the smallest member state of the EU. Thanks to its excellent economic performance and business climate, convenient geographical location, and safe environment, Malta has become a popular country for doing business. It offers significant advantages to entrepreneurs, private individuals, and investors looking for a safe and attractive business environment and obtaining a gaming license in Malta.
Online gaming license in Malta
The iGaming industry is booming like never before. New games are constantly being released, and mobile gaming is on an unprecedented rise. In 2019, the volume of the online gaming market totaled about $50 billion, but it is expected to double and reach $100 billion by 2026. Malta is one of the undisputed leaders in this area.
Malta became the first jurisdiction in the EU that began to regulate and license the online gaming market. Currently, Malta issues one hundred license registrations per year from new members, and is also the largest online gaming jurisdiction in the EU.
Types of gaming licenses in Malta:
- B2C gaming license in Malta — it is an online gaming operator license which is issued for different types of gaming businesses.
- B2B gaming license in Malta — it is a license granted to game developers or key software providers to game platform operators. Companies operating in the Maltese gaming industry are required to use licensed software only.
Terms of obtaining a gaming license in Malta
The size of the authorized capital varies depending on the type of gaming license. It is typically between 40,000 and 100,000 euros. The authorized capital has to be paid before applying for a gaming business.
Benefits of obtaining a gaming license in Malta:
- Malta as an onshore jurisdiction
Malta is a member of the European Union. It is a politically and financially stable country. Its key advantage is that it is an onshore jurisdiction. Therefore, companies registering a business in Malta do not experience the problems of offshore jurisdictions in matters of currency settlement and money circulation.
- Stable legal regulation
Gaming licenses in Malta are regulated by a special government body — the Malta Gaming Authority (MGA). The main focus of Malta’s legislation is transparency and strict control over the licensing and operation of online gaming businesses.
- The possibility of opening accounts in a Maltese bank
There are no restrictions from banks when opening an account.
- Trust from potential customers (online players)
Thanks to a stable regulatory framework that complies with current EU law, the jurisdiction offers protection to both players and operators.
- The relevance of the laws of online gaming
Malta is constantly evolving and strives to adapt its gaming legislation to the trends of the future. In 2018, the Maltese Gaming Authority (MGA) revised its gaming regime and introduced a new set of online gaming laws, such as virtual currencies and distributed settlement technology.
The Maltese license is reliable because it is sanctioned by the EU. It meets all the standards of a high-end online gaming license. Malta is the jurisdiction of choice for European gaming businesses.
- AML/CFT rules
The Maltese jurisdiction has implemented all EU directives regulating the prevention of money laundering.
Obtain an online gaming license
To get more detailed information on gaming license obtaining and registration of an online gaming business regarding your specific needs, leave a request on our website or write to us by email email@example.com.
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