Maltese Gaming License Overview

When discussing European iGaming licenses, Malta often emerges as a top contender, if not the leading choice. This is largely due to Malta’s pioneering role in the gaming industry, having issued licenses longer than many other jurisdictions—not just in Europe, but globally. The advantages offered by Malta continue to make it a preferred option for gaming companies today.

Benefits of Obtaining a Maltese Gaming License

A Maltese gaming license offers several notable benefits, including:

• Low Gaming Taxes:The jurisdiction imposes a relatively low gaming tax.
• Stability:Malta enjoys a high degree of economic and political stability compared to other regions.
• Global Reputation:The Maltese license is recognized and respected worldwide.
• Infrastructure:Malta boasts a robust infrastructure with top-tier service providers, telecommunications, IT, and a workforce fluent in English and multiple languages, including numerous gaming industry experts already based there.
• EU Membership:As a member of the European Union, Malta allows license holders to offer their services freely across the EU.
• Double Taxation Treaties:Malta has entered into numerous double taxation agreements.
• Advanced Capabilities: The country is at the forefront of fintech and blockchain legislation, supported by a skilled local workforce and comparatively low labor costs.

Requirements for a Maltese Gaming License

The Malta Gaming Authority (MGA) regulates the licensing process, offering two distinct types of licenses: the Critical Gaming Supply License (B2B License)** and the **Gaming Service License (B2C License)**. The latter category divides the games into four types:

• Type 1:Games of chance against the house, determined by a random number generator (e.g., roulette, blackjack).
• Type 2:Games of chance against the house, where outcomes depend on events, allowing operators to manage risks by setting odds (e.g., sports betting).
• Type 3: Games of chance not played against the house, where the operator earns income through commissions or fees, such as poker and bingo.
• Type 4:** Controlled skill games.

The required minimum share capital varies by game type. For Type 1 and 2 games, the minimum is €100,000, while for Type 3 and 4 games, it is €40,000. If offering multiple types of games, the total required share capital is at least €240,000.

All company directors, officers, and owners must pass a suitability assessment, known as the ‘Fit and Proper test.’ This includes checks with national and international regulatory bodies, enforcement agencies, bank references, and notarized passport copies.

The application process also involves a thorough financial analysis of the company’s business plan and a review of various corporate documents. A compliance and software audit is conducted, and the company must maintain a registered office in Malta, with at least one director and a company secretary.

Key Points About the License

The license is granted for a period of five years. During this time, the license holder must undergo regular compliance reviews conducted by independent third parties appointed by the regulator. Failure to comply with these reviews can result in the suspension or revocation of the license.

Given the complexity and cost associated with obtaining a Maltese gaming license, it is generally recommended for larger, well-established gaming companies rather than startups.

Porat Group is your strategic partner for business success, offering a seamless blend of legal and industry expertise. Our one-stop approach supports your venture at every stage, giving you a competitive edge in today’s fast-paced market.

When you choose Porat Group, you benefit from:

• Legal Support – From idea to execution, we guide you through licensing across multiple jurisdictions. We handle every step, including applications, communication with regulators, policy drafting, and ensuring full compliance.
• Payment Solutions – We help you set up bank accounts, connect with payment providers and crypto exchanges, and find reliable payment solutions that fit your business needs.
• Compliance Services – Stay compliant with our updates, expert advice, outsourced compliance officers, and AML solutions. We also offer compliance training and tools to ensure you meet all regulatory requirements.
• Global Professional Network – We connect you with local law firms, accountants, and service providers worldwide to ensure your business stays in good standing, wherever you operate.
• Trusted Industry Partner – Leverage our industry relationships to access the best service providers, allowing you to benefit from our network and connections.