Susan MeierMalta is one of the few European countries that issue remote gaming licences and regulate the market. The LGA (Lotteries and Gaming Authority) has a very good reputation with the companies and the players, as they apply strict regulations with regards to random number generators, payouts, player protection, gambling addiction and general compliance of the licensee.
Applying for a gaming licence in Malta bears certain advantages, as Malta is a member state of the EU that has a strategic position in the middle of the Mediterranean. The country also offers attractive tax structures and a stable economy with great prospects for the future.
Depending on the type of gambling business that you wish to establish, you will have a selection of different classes, from Class 1 to Class 4. Here you can read more about the iGaming licence types in Malta.
The application for a licence follows strict procedures, and it is important to not leave out any steps, and it is crucial to provide accurate information about your business, business plan and intentions. It is generally recommended to not handle the application by yourself, it is wiser to consult with a specialist. This way, you will not risk making any mistakes that could cost you the licence, or prolong the application process unnecessarily. The office of Dr. Werner & Partner is, among other things, specialised in the application of a remote gaming licences in Malta, and you are welcome to contact us if you would like a personal consultation.
The application process is divided into different stages. Stage 1 is the LGA’s analysis regarding relevant information about the involved persons. This will also involve handing in all the relevant documentation needed. Once this stage has been completed, stage 2 will commence. The compliance department will assess every aspect of the business and technical side of the remote gaming operation. If this is also successfully completed, the applicant will be issued a temporary licence, which is valid for six months. In this time, the applicant has two carry out his business, which will then be audited and reviewed for compliance before he will be issued with the actual licence. The iGaming licence in Malta is valid for five years. After this time it can be renewed, providing the licensee has been compliant with the regulations.
