The Malta Gaming License – The Epicenter of iGaming
The Malta Gaming License is one of the iGaming industry’s most sought-after credentials, having long served to establish Malta as an iGaming hub, while continuing to propel this sector forward today.
Malta Gaming License provide players with a clear signal of trustworthiness, integrity and full adherence to EU regulations. They open doors to significant European markets while Nuxgame helps operators navigate its complex terrain.
iGaming in Malta
Malta has made itself known as an iGaming powerhouse, drawing companies and employees from around the globe. As the first EU state to introduce regulations governing remote gaming, Malta stands as an industry standard jurisdiction.
Malta boasts competitive corporate tax rates and efficient VAT handling – two major attractions for many iGaming companies looking to reduce their tax burden.
The Malta Gaming License process is straightforward and transparent, helping your business minimize regulatory risks. By licensing with them, iGaming brands gain access to significant markets across Europe; additionally, this certificate signals credibility and trustworthiness with players.
The Malta Gaming Authority (MGA) License
Malta has earned itself a longstanding reputation as one of the world’s premier casino license providers, known for their technical know-how and top-tier regulatory environment that have made them the go-to remote gaming regulators for many other jurisdictions.
The MGA is well known for their stringent due diligence checks and tests. For instance, they require a comprehensive business plan and financial projections, incorporation documents, gaming content, marketing/distribution strategies/HR plans/plans as well as HR plans to conduct an in-depth system review/compliance audit of any business they approve.
MGA regulations also include setting high standards for those holding critical roles within gambling companies, with any violations leading to drastic measures, including suspension of an operator’s license or forfeiture of funds – one reason many opt to become MGA-regulated operators. Furthermore, tax benefits exist including low corporate taxes and 5% gaming taxation rates.
The MGA’s Regulatory Framework
Malta has built a sterling global remote gaming reputation thanks to its experienced technical expertise and stringent compliance standards, as well as offering an attractive tax regime which enables companies to retain a larger portion of their profits, while at the same time protecting player funds.
Malta provides two kinds of licenses, the Gaming Service License for consumer businesses (B2C) and Critical Gaming Supply License for business-to-business (B2B). B2B operators must pay an annual license fee, compliance contribution and submit monthly regulatory returns.
Applicant for the Malta Gaming License must present proof of financial stability, credibility and knowledge in risk management and anti-money laundering practices, along with meeting minimum capital requirements of EUR10 million. In addition, MGA applies a 5% gaming tax calculated using regulatory returns as part of their revenue calculation.
Getting a Malta License
The MGA enjoys an exceptional reputation among operators, providing them with competitive tax rates and an open regulatory environment that many other regulators model after.
Nuxgame solution makes licensing fast and simple; all it takes to launch your gaming business quickly with minimal effort from you. We handle all compliance concerns so you can focus on growing and marketing your brand. To gain a license from the MGA, it is necessary to meet all minimum requirements outlined. These may include:
