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The Malta Online Gambling Licensing Process The Lotteries and Gaming Authority, also known as the LGA, is the actual legislative body that handles everything under the umbrella of online gambling. Generally speaking, obtaining an online gambling license is a complex process involving a variety of due diligence requirements which must be fulfilled, that said, most Online Betting and Online Casino businesses have some form of online gambling license. All legal online gaming businesses must be registered and in compliance in at least one.

Since its introduction in 2004, online gambling operators can apply for a license. The following four classes of online gambling licences are issued by Malta’s Lotteries and Gaming Authority (LGA): Class 1 is for operators providing online casino games, games of chance, and games that use a. There are a number of popular online gaming license jurisdictions including Malta, the Isle of Man Gibraltar and Curacao. Apply for an online gaming license in the jurisdiction where you want to set up your business although as an online business you will probably be operating in many countries.

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#	Brand
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How to Choose Netent Online Casino with Malta License?

Netent is the leading supplier of the digitally distributed gaming systems and is one of the market leaders in this field. It has been a true pioneer in ensuring the games are developed to the highest standards and meet the requirements of license authorities.

What is MGA?

The Malta Gaming Authority (MGA) provides one of the strongest reputations, for many casinos, when it comes to licensing and regulation of online gaming. The MGA is known worldwide for the service it provides.

The idea behind MGA is to competently regulate the different sectors of the gaming industry by ensuring that gaming is transparent to the players, while also preventing crime, corruption and money laundering.

In order to control the illegal selling of casino license, a number of laws and regulations have been constructed to create the regulatory framework that the MGA adheres to and is well-known for.

The casino itself must have an age verification process in operation for every player, in order to acquire a casino license. This is in place to combat the unauthorized and illegal issue of under-age gambling

Types of Licenses:

The MGA offers four separate types of licenses, the first being a Class 1. This is a remote gaming license where by the operator will manage their own risk on repetitive games. This license is most relative to online casinos and it`s also possible to have a class 1 on class 4 license, meaning that the licensee operates its games on the software of a class 4 licensee.

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A class 2 license relates to remote betting, for example fixed-odds betting, A class 3 is a license that allows the promotion of remote gaming in or from Malta, for example poker networks or peer-to-peer gaming, whereby operators receive a commission from promoting the games. And finally, a class 4 is a license to host and control the remote game operators, excluding the licensee. Essentially, software developers provide management and hosting facilities on their own platform.

When Malta began licensing online gambling sites, it did so under the Public Lotto Ordinance. The legislation was subsequently overhauled and regulation is now in accordance with the Lotteries and Other Games Act of 2001.

An addition to this act in 2004, they created the Remote Gaming Regulations. Under the terms of this legislation there are four licenses that operators can apply for. These are as follows.

Class 1, covering casino-type games, skill games, and online lotteries.
Class 2, covering fixed odds betting, pool betting, and spread betting.
Class 3, covering peer to peer gaming and betting exchanges.
Class 4, which is for software vendors.

Operators may apply for multiple licenses, which are issued for five years at a time. There are a number of requirements and conditions that must be met before a license is awarded.

For the most part, these relate to the proper operation of interactive games, the protection of players, and the prevention of money laundering. One specific requirement is that a significant part of operations must be physically located in Malta.

Once awarded a license, licensees have to adhere to a number of additional conditions. Among other things, they have to maintain proper financial records, have data protection procedures, and have policies covering responsible gambling.

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Licenses can be revoked at any time and certain actions by licensees require written approval.

Online Casino License Malta