Malta is a small island state in southern Europe. The country does not have a powerful industrial sector or huge deposits of valuable minerals. The lion's share of the island's GDP comes from the gambling industry, which is rapidly developing.
Malta is the first European country to legalise the gambling industry to the full.
The Remote Gaming Regulations were adopted in 2004. This has made the jurisdiction one of the most popular in the world for launching web gambling start-ups.
Today, gaming is one of the 3 leading sectors of the island's economy, along with tourism and the financial segment.
In terms of investment, the industry ranks fifth. In total, the gambling field generates 13% of the GDP per year. Dozens of prestigious entertainment halls and hundreds of registered internet projects operate in the country.
B2B direction is involved in the sector — consulting, game development, hosting management, and other related areas. In general, the gambling field employs 5% of the island's workers, including highly qualified personnel (these are mainly coders, QA engineers, marketers, and web architects).
The impetus for the development of the gambling sphere was the adoption of updated legislation in 2018 since the government:
The country hosts a prestigious industry event — SiGMA. The annual summit is held in October-November. It attracts hundreds of developers, operators, and investors. Many meetings and presentations are held at the Malta Convention Centre (MFCC).
The licence for gaming activities in Malta is available to operators, bookmakers, owners of poker rooms, and lottery sites. The country legalises the work of land-based halls. Therefore, entrepreneurs can manage both casinos and internet gambling projects simultaneously.
The MGA (the Maltese Gaming Commission) offers several types of permits:
B2C licence (Critical Gaming Supply)
This Maltese online casino document is for slots and table entertainment sites. This content is powered by a built-in random number generator.
The RNG is pre-certified by independent laboratories. Experts check mathematical algorithms for winning and losing combinations and the protection from the influence of third parties
This is a Maltese gambling licence for bookmakers. The permission allows them to accept bets both in land-based sales points and on the Web. The type of event does not matter. The certificate applies to live and pre-match options
The presence of this permit allows an entrepreneur to organise gaming activities. Their profit should be based on commissions from bets or a formed prize fund. In the gambling field, these are poker and bingo
The document is intended for sites with skill-based content. Most often, these are fantasy sports. The results of the rounds are determined by a set of statistical indicators
B2B licence (Gaming Service License)
This kind of Maltese certificate is suitable for manufacturers of gambling equipment and software providers. They produce programs (content, platform) and transfer them to third parties — operators with B2C permission of any type.
Software suppliers cannot operate an entertainment site and receive gross gaming revenue (GGR) directly. They earn on a commission for using the sublicence
In 2018, the government updated the gambling legislation. One of the innovations of MGA is the simplification of the B2C document obtaining. Holders of one of the 4 types of permits can apply for the automatic issuance of another kind of papers. There is no need to go through a long process again.
The permit process takes up to 30 weeks. Much depends on the submitted documents and the availability of a financial guarantee from an entrepreneur.
An operator prepares a package of papers (charter, constituent documents, an extract from the tax service, and information about employees).
Particular attention is paid to workers in key positions — the executive director, team leader, and chief accountant. These should be people with higher education and sufficient work experience, without a criminal record.
Before obtaining a casino licence in Malta, an operator has to:
An MGA employee conducts an initial check of documents and, if everything is in order, directs an entrepreneur for a personal interview.
The Government of Malta has developed the Test of Suitability and Proper Compliance. It helps to assess whether operators can manage the gambling business and if they have strategies.
An MGA employee examines the entrepreneur's business plan. The document should contain:
An important point is the specification of all equipment and software that the entrepreneur is going to use. MGA requires servers to be hosted in Malta.
To open licensed online casinos in Malta, a businessman has to confirm the availability of an authorised capital of €100,000. The maximum sum of the operator's reserves should not exceed €240,000.
For B2C licences, the following minimum values of the authorised capital are provided:
An entrepreneur should pass the gambling system check and compliance audit in the technical environment. For this, 90 calendar days are given, from the date of approval of the business plan and the provision of information on financial guarantees.
The verification criteria for an online casino licensed in Malta are determined by the MGA and local laws. The results of a comprehensive audit are sent to the gambling regulator. If everything is in order, it will issue a document for 10 years.
The jurisdiction is considered one of the most expensive. The price is influenced by many people who want to obtain permission, prestige and international recognition, the opportunity to receive several types of papers at once, etc.
An entrepreneur should make a one-time deposit of the following amounts:
After a casino licence in Malta is approved, an operator has to transfer the annual payment:
Legalised entrepreneurs pay a Compliance Contribution. Its size depends on 2 factors:
The more profit the operator receives, the smaller the coefficient used to calculate the Compliance Contribution.
For example, owners of a turnkey casino with Maltese licences should pay a €120,000 fee with an annual income of €3,000,000. In this case, the profit is multiplied by 4%. If an operator earns €10,000,000 per year, a reduction coefficient of 0.6% will be applied.
To find out how much a casino licence in Malta costs for B2B providers, you should know the specifics of their work:
The main reasons to buy a casino certificate in Malta are as follows:
You can order a gambling licence of any type at the CASEXE studio.
We will organise the preparation and submission of documents, orient you in fees, help you pass a system audit, and consult on all issues related to the launch and scaling of an iGaming project.
CASEXE offers you to order profitable gambling projects:
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