Malta is a state with one of the most well-regulated systems of gambling activities. This is largely due to the government's loyalty to the gambling business and the presence of a gambling organization — the MGA. This official government agency not only regulates gambling activities but also directly licenses gambling entities.
The license is issued by the MGA to the applicant for five years. After this period, the businessman will be able to extend its validity and continue to conduct gambling activities.
Malta gambling license provides many advantages for entrepreneurs:
To start a gambling business in Malta and beyond, entrepreneurs must decide on the form of activity and then provide the relevant documents.
Shareholders and main managers must prepare two 3×4 photos and copies of the following documents:
If the businessman is already engaged in the gaming business, a copy of the existing license must also be provided.
All copies must be certified by a notary and translated into English.
To start a gambling business in Malta, business people will need additional documents related directly to the company:
To obtain a Malta gaming license, entrepreneurs must submit a business plan as proof of the success of the business to be conducted. Malta Gaming Authority will make a detailed analysis of the company's development strategy, growth indicators, staff development plan, and so on.
The business plan must include the following information:
In Malta, there is a certain classification of gambling licenses. Depending on the business activity, companies can obtain the following licenses:
Requirements for the minimum amount of paid-up authorized capital:
To open an online casino in Malta, businessmen should choose a Class 1 Malta gaming license as it allows conducting the relevant activities legally.
If you want to obtain a Malta gaming license to conduct gambling activities, you must complete several steps:
Obligatory requirements are the work of the real office in the territory of Malta and the presence in the company of a key-official employee. This person must meet the MGA requirements and hold the position of a director of the company, working in the Maltese office. If these requirements are not met, the Malta gambling license will not be granted.
Our specialists provide a range of services for licensing companies operating in the gambling industry. We will save you time and effort by obtaining a Malta gaming license of the required class.
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