Malta Gaming Authority
The Malta Gaming Authority (MGA) was established in way back in 2013 to overview the all gambling activities in online casinos and land-based casinos. They have made a name for themselves in the iGaming world for offering relatively low taxes. The commission works hard to ensure that all players access and safe gambling environment. The MGA boasts of licensing and regulating all gambling activities of over 100 companies including software providers within the jurisdiction of Malta. Some of the
main game sectors covered by the MGA license include:
- Advertising lotteries
- Amusement machines
- Commercial bingo halls
- Cruise casinos
- Gaming devices
- National Lottery
- Non-profit games
- Racecourse bets and sweepstakes
- Remote gaming
The Code of Ethics
Like other licensing authorities, the Malta Gaming Authority is bound some code ethics to help them secure all the interests of the casino operator and online gamblers. They include:
- Responsibility
- Respect
- Fairness
- Honesty
- Excellent competence
Types of Licenses
Currently, the casino offers players with four different types of licenses:
- Remote gaming license
- Remote betting license
- Advertising license
- License to host and oversee all remote gaming operations
MGA The Main Goals
Protect all minors from being exploited
- Encourage responsible gaming
- To provide a one-stop-shop for all license operations
- Ensure that gaming is free from all criminal activities
- To protect the gamblers rights
Fees and Other Charges
The following money must be paid to the authority before or after a license is issued:
- Application fees €2,330
- Yearly license fees €25,000
- Renewal fees €1,500
- Approval fees for Transfer €1,500
- Administrative fees (where needed)
Dispute Resolution
When a player files a dispute at the Malta Gaming Authority (MGA) it is investigated by the authority’s officials either directly or by referring to the relevant licensee. Moreover, the player with the complaint must be notified in writing about the authority’s decision. Alternatively, players can forward their complaints via phone call.
Licensing Procedure
Each license from the MGA takes a duration of 5 years as long as the company is based in Malta. The following rules must be adhered to by the applicant:
- All the gaming servers of the company must be in Malta
- The company’s database must be in Malta
- The applying company must be established in Malta
- At least a senior executive from the company must work in Malta