We advise on both land-based as well as on remote gaming. With regard to land-based gaming, our advice is offered to casino and gambling parlor operators, bookmakers, and operators of bingo halls, placing our attention on regulatory, compliance and licensing matters.
As regards remote gaming and gambling, we offer our advice to platform providers, certifiers, content developers and cross-border licensing.
Undeniably, the gaming industry serves as a major source for Malta’s gross domestic product, where the industry yields substantial economic fruits. Milestones have been even greater by the introduction of the Remote Gaming Regulations (L.N. 176 of 2004).
As a matter of fact, Malta is estimated to host nothing short of 10% of the world’s online gaming companies. The gaming industry is regulated by the Malta Gaming Authority (MGA).
The different classes of Remote Gaming Licences that one can apply for are the following:
- Class 1 Remote Gaming Licence – this applies for operators who offer games that are essentially based on repetitive events, with the gaming risk being managed by the operator. This type of licence therefore covers casino table style games, lotteries and slots. In view of the fact that the licencee assumes the full risk of the gaming activities, the winnings are guaranteed.
- Class 1 on 4 Remote Gaming Licence – this is an online gaming licence for all types of games of chance as well as those of skill operating on an existing Class 4 licencee.
- Class 2 Remote Gaming Licence – this type of licence covers those operators who manage risk based on a singular event using markets. This licence covers, therefore, the traditional fixed odds betting and some types of pool betting.
- Class 3 Remote Gaming Licence – this licence is for operators who offer player to player games but they do not bear any risk and work only on commission basis. Hence, this licence is ideal for betting exchange providers, pools and poker rooms.
- Class 4 Remote Gaming Licence – this type of licence covers those software sellers who aim at hosting and managing remote gaming operators under any class mentioned above. They cannot be part of the gaming risk and are merely allowed to receive a commission.
The application procedure is divided into three separate phases and the licence can be attained within two months from the date of submission of a complete application. Our team not only proactively assists clients with all licensing and compliance matters, but it also offers solid advice on registration and coordination, all in line with what is requested by the Malta Gaming Authority (MGA).