Malta Gaming Authority Establishes Best Conditions for Online Gambling
Malta Gaming Authority appeals online operators to take licenses, offering low taxes and opportunity to get bets from any part of the globe. Earlier MGA was called Lotteries and Gaming Authority. Nowadays it regulates numerous sectors of the gambling industry, providing the game’s safety and transparency. Moreover, MGA duties include the warning of the criminality, corruption, laundering and security of underage players. According to the opinions of many online casino operators, Malta Gaming Authority is the leading regulator in Europe.
Malta Gaming Authority Licenses Revolve around the Rules of Fair & Transparent Game
Maltese legislation in the sphere of gambling business regulation is one of the most innovative and progressive in Europe. The existed rights and responsibilities of the participants of online gambling market are regulated by the norms of the Gaming Act since 2001. The integral and significant feature of this legislation is the clear separation from all types of the gaming activity such place as online gambling. Malta Gaming Authority license is divided into four classes:
- Online casino, lottery and online slots
- Bookmaker’s offices
- Betting exchanges, Poker and Bingo
- The providers of the gaming equipment
The cost of the company for online business package + license is equal to €52 000. Among the advantages of MGA license can be such items as the high reputation of the jurisdiction, prosperous taxing climate and the maximal degree of the gambling safety from the state’s side. The fixed tax percentage rate for online casinos is €7000 per month, for bookmaker’s offices – 0, 5% from the sum of the made bets and 5% from the profit for Poker.
- Phone - +356 2546 9191/+356 2546 9000
- Fax - +356 2144 6950
- Address - Suite 1, Level 3, TG Complex, Brewery Street, Mriehel, Birkirkara,BKR 3000, Malta