The application process is a long one and requires a series of in-depth audits and reviews. Let's understand why and cover friendly taxation, talent pool, and more. L. Value-added tax (VAT) rates in Malta are 18% and 35%,. Malta. Malta Gaming License and Reports. The MGA offers four different license categories: controlled skill games, remote gaming, remote betting, and hosted in Malta. Needless to say, such prestige is appropriate when, by obtaining. There should also be a paid-up capital of 40 or 100 thousand euros depending on the license class to ensure the solvency of the enterprise and the security of player winnings and deposits. The Malta Gaming Authority (MGA) established under the Act is responsible for issuing gaming licenses, ascertaining that licensees are fit and proper persons to carry out the functions relative to gaming, ensuring that licensees comply with all of their license conditions and that games and gaming are kept free of criminal activity. By playing at an online gaming site registered under the Malta Gaming Authority, European players assure themselves that. The Malta Gaming Authority, an authority founded in 2001, is one of the most prestigious iGaming market regulators worldwide. Malta has a long history in gaming legislation. Only Type 4 game providers are exempt from this rule; they must pay a set licensing cost of €10,000 per year instead. Authorisation is defined as a licence, approval, certificate, recognition notice or similar instrument issued by the Malta Gaming Authority (MGA or Authority), authorising a person to provide a. Published by Statista Research Department , Sep 7, 2023. Type 4: €40,000 - Applies to controlled skill games where players can win prize money. Class 3 – Advertising license revolving around poker and other types of peer-to-peer gambling. 150. AMGO iGaming Malta Limited – licence number MGA/B2C/163/2008 (Malta Company Registration C 92352) failed to pay the ‘Gaming Licence Fees’ of € 13,915. The full licensing process goes in 5. Information relating to the Compliance Contribution fee can be found in the Gaming Licence Fees Regulations (S. Read more about MGA, find useful news and guides, and check out our list of licensed casinos. Moreover, the authority regularly updates the license and protects the faith of the people. S. What you'll get Applicants may apply for any of these licences: Search for licensees by name, authorisation status, URL or gaming service in the comprehensive list of operators licensed by the MGA. Another disadvantage of the Maltese licenses is that some gambling transactions must pass through Malta. 4. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. The Malta Gaming Authority (MGA)regulates and separates the industry in two gaming sectors;. To obtain a gambling permission in Malta, you should pay several taxes and obligatory payments. Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations. Curacao gaming license offers only one type of license to permit operators and software providers deliver sports betting, games of skill and chance. How to Get a Malta Gaming Authority Licence. Revaz Tabukashvili Str. Among other applicable obligations in this domain, such B2C licensees must undertake customer due diligence measures when. Stages of Casino Licensing in the Jurisdiction of Malta. In addition to administrative fees as per the fourth schedule found under the Gaming Licence Fees Regulations (S. Gaming License For B2C: Non- Refundable Annual Fee paid in advance upon the issue of license — €25,000. MGA Licensing Cancellations. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. 12) (the “Regulations”), as issued under the Gaming Act, Chapter 583 of the Laws of Malta. Malta Gaming Licence Application Process – Remote & Land-Based. The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. For instance, tax on betting activity is 0. Applying for a British gambling license starts at about £25,000. The move is a complete about-face from its recent position. Administrative / Renewal Fee — €5,000. €25,000. In comparison to other gaming jurisdictions, Malta’s gaming license fees are more affordable for licensees. How much is a gaming license in Malta? Cost of a gaming license in Malta: The cost of a gaming license in Malta varies based on the type of license sought and the size of the operation. The Group. Malta, as the first EU Member State to introduce online gaming regulations, holds the distinction of being the largest and most sought-after jurisdiction for operators seeking an online gaming license. Malta was interesting location for crypto-providers and crypto firms for quite a long time until 2018, when the legislation changed. We operate a turn-key service that includes: Meeting with the MGA regulator;Enquire. Required official capital – 100,000 EUR. The Malta Gaming Authority Offers 4 Different Gaming License Types: Class 1 – Is a remote gambling license given to operators to control their own risk on the repetitive games offered by them (best for lotteries and casino games). For any online iGaming business, obtaining a reputable gaming license is a top priority. starts here. Anyone who sees an operator has obtained a licence from the Malta-based body. The Malta Gaming Authority (MGA) is responsible for licensing and regulating all forms of gaming in Malta, including Malta remote gaming license, land-based gaming, and national lotteries. Licensing Fees Are Cheaper for MGA Casinos; When compared to other licensing bodies, Malta’s licensing fees are cheaper. The local gambling license cost is £5,000 (€5,600). 583. The Malta Gaming Authority (MGA) is the regulatory body responsible for all online and land-based gaming in Malta. A Curacao gaming licence offers only one type of permit to operators and software providers for sports betting, games of skill and chance. 11 min read. iDefinitions 1. by Roger A. All documentation and information as per the SDC, together with the SDC, need to be submitted electronically through the Licensee Portal. Expect funky visuals, cool animations, and the iconic Wheel of Rizk, which is a massive pull for Nordic players. Isle of Man gaming license cost. The Malta gaming license is a perfect match for well-established brands or big gaming companies looking for an EU home. Class 3 is a licence to advertise gaming in or from Malta. 583. The Malta Gaming Authority has been regulating gaming and issuing licensing since the early 2000s. 25%; The Malta Gaming Authority ensures that licensed gaming operations are fair and transparent to all players, prevent crime, whilst protecting minors and vulnerable players. I-GAMING MALTA. While most EU countries implemented country-level regulations, many jurisdictions worldwide still don’t have specific laws targeting gambling activities, mainly license issuing. S. Class 3 – Is a license issued for. 50%. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. S. The UK Gambling Commission accepts licensing applications for both online and land-based casinos. The New Gaming Act is. Today the Malta Gaming Regulatory Commission (MGA) regulates most types of online games. King Billy, known as the most award-winning online casino is another great place to gamble and be sure to get your winnings. Companies that register in Malta can apply for a Malta Gaming License. GameArt , a developer of high-quality HTML5 slot games for both online and land-based casino operators, is proud to announce its latest acquisition, which comes in the form of a Critical Gaming Supply. Company industry: Online gaming. 583. com The Malta Gaming Authority (MGA) considers that the Gaming Authorizations Regulations (Chapter 583. In order to be eligible for a gaming license from Malta, applicants need to fulfill a number of fundamental requirements, one of which is the provision of particular documentation from each officer, authorized person, shareholder, director, beneficial owner, or ultimate beneficial owner. Even though they need to pay 5% of the revenue they earn, the amount is capped at the maximum figure of €460,000. Benefits of a Maltese gambling license include operating in an EU jurisdiction , favourable tax benefits ( as low as 5% through the full imputation system ), ease of doing business with banks and payment providers , and, of course, the prestige. At this stage, the MGA carries out an in-depth procedure with the aim to decide whether the applicant will be granted a license. This is a fit for large market players who have the expertise and the appropriate capital. 05 of the Laws of Malta) empowers the MGA to request any person wanting to obtain a gaming licence to operate or promote or sell or abet gaming in and from Malta to fill in this form. Business plan. 05 - Gaming Authorisations Regulations. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. Though there are a number of issuing authorities, the Malta gambling license is certainly one of the most sought after in the world. The suspension is following an investigation into the breach of statutory requirements from the part of the company. Curacao is reorganizing its gambling industry and is ready to issue new licenses to operators in November 2023. The next boxes includeThe players in Malta and every online casino player around the globe speak highly of the Malta Gaming Authority. Malta Gaming Tax: Compliance contributions. com launched in Colorado and expansion plans include four additional U. Gaming license Malta: Peculiarities of licensing. 25%;Unique opportunity to purchase Malta Gaming License. If you want to know more about this theme, read our article – How to get Malta Gaming License in 2023. Before that date, the MGA representatives will tag the gaming equipment. Here are a few examples of such activities. Navigate to the official Malta Gaming Authority Website. Currently, Classes 1 & 2 require a €100,000 minimum while classes 3 & 4 require a minimum of €40,000. L. The Malta Gaming Authority has extended the deadline for licensed Bitcoin casinos until 31 December 2021 in a hope to boost crypto casinos in the country. In all cases, a basic non-refundable fixed annual license fee is levied. Contact Us. The LGA carries out a thorough investigation before awarding such licenses. Founded in 2001, the Malta Gaming Authority (the MGA) is the official regulatory authority that supervises digital-based gaming and sports betting in Malta. By getting this license, GameArt will be able to increase the reach of its slot games inside the jurisdiction of Malta, as well as enjoy more. 583. A fixed annual licenсe fee – €25,000; flexible taxation – 0. They include lotteries and casino-style games such as slots, blackjack, and roulette. Provides for slots, poker, roulettes, lotteries, etc. Licensee Portal. Malta's gaming license There are a number of reasons why acquiring a Maltese online gaming license is a benefit. The Malta Gaming Authority focuses on some of the most challenging factors, which makes it the top regulator in the industry. We offer an range of auxiliary, including company formation, assistanc. A critical gaming supply licence is a business-to-business (B2B) licence to provide or carry out a critical gaming supply. €5,000. Introduction Current Outlook. To be able to host their servers and platform for iGaming in Malta they will have to follow these (4) four Objectives technical guidelines from the MGA. By Gamblescope Research Team on Oct 12, 2022. Class 2 – Games the outcome of which is not determined by a random number, but an independent event. Rootz is based in. Curacao Gaming Authority license renewal and convert sub-license to master license We’re experts in obtaining both Curacao gaming license B2B and Curacao gaming license B2C . Many companies favor a Malta gaming license. Gaming Tax ( 5% of the gaming revenue generated from the gaming service) Compliance Contribution (Refer to Fees Document) Malta’s gaming license. Type 2 – Minimum €100,000. 583. Operators must fulfill the authority's strict standards to get the Malta online gambling licence. Under the Remote Gaming Regulations, the Malta Gaming Authority may issue a business-to-consumer or business-to-business licence. GameArt is now a proud holder of the Malta Gaming Authority (MGA) Licence and can expand its business to MGA-licensed operators. With online gambling still a relatively new phenomenon at the time, the MGA was one of the first to create official legislation and a regulated. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. CSB Group offers a "one-stop-shop" service to online gaming operators by assisting clients in setting up or relocating their gaming operation to Malta. As the first jurisdiction in the EU that introduced regulated remote gaming, with an average of a hundred new applications a year and being . The Malta Gaming Authority (the MGA) is the entity established to licence casino operators. Like other EU gaming licenses, Malta gambling license cost is higher than other offshore licenses. This clause is contained within Regulation 10. Classes of Licences. 12 Malta Gaming Authority act Sheets 2023 13 A gaming service licence is a business-to-consumer licence (B2C) to offer or carry out a gaming service. The Gaming sector is a dynamic and growing sector in Malta, and is regulated under the provisions of the Gaming Act (Cap. In Malta, the iGaming companies setting up their operations are subject to a number of administrative fees, payable to the MGA. Type 2: €100,000 - Encompasses fixed odds betting. The operator. Malta: The price to obtain a Malta gaming license there might range from €5,000 to €30,000, depending on the kind of license needed and the services that must be provided. Malta's success in online gambling is due largely to its legal environment. The MGA has stringent licensing requirements and only issues licenses to operators who can demonstrate a high level of security, fairness, and financial. The regulator is also in. Licensees must pay taxes according to their revenues, but the. One-time, non-refundable Application Fee. S. Rizk Casino. Additionally, a key individual located in. Malta is a European country that continues to be one of the most popular destinations for online casinos to obtain gaming licenses. GVZH Advocates is the exclusive contributor for Malta for this area. L. 5% GGR. Zero GGR. In 2001 it amended its gambling laws to take into account the possibility of. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. and thereby reduce the benefits of holding a Malta gaming licence. The MGA issues four licenses that differ based on the type of gambling vertical you wish to operate in. To any new Online Gaming operator in Malta we can offer assistance and guidance during both the License Application process and the financial aspects of the licence. Four different types of MGA licenses are offered by Malta, each license catering to various segments of iGaming industry:-. Search for licensees by name, authorisation status, URL or gaming service in the comprehensive list of operators licensed by the MGA. In October 2021, the Malta Gaming Authority (the "MGA") amended the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). Malta Gaming Authority (formerly: Lotteries and Gaming Authority) It’s known as one of the most popular licensing bodies in the gambling sector. The ability to self-exclude. T: +356 2557 2557. The gaming industry has been expanding in Curacao since 1966. Type 3: €40,000 - Includes poker rooms and peer-to-peer (P2P) gaming like poker, bingo, and betting exchanges. Like all other types of licenses, this one also has a non-refundable fee of £185, which must be paid via credit or. 04 - Gaming Definitions Regulations. Malta Gaming Authority Search See full list on tetraconsultants. Malta gaming license Issued by the Malta Gaming Authority (MGA), for a period of 10 years. The Regulations also classify ‘other games’ under Part VIII of the Gaming. This Malta gaming licence is known as a B2C licence. Non-refundable Fixed Annual Licence Fee for operators providing solely Type 4 gaming services. However, most operators go for it because. Regulated by the Hellenic Gaming Commission (HGC); Two types of licenses available — for online betting and other iGaming activities; Restrictions on spin times, bet levels, and jackpot size; Heavily regulated advertising policies; €3 million licensing fee for online betting and €2 million for online casinos. In addition, players who reside in Malta are also subject to a 5% gaming tax on any revenue. Only entities holding a business-to-consumer (B2C) licence from the Malta Gaming Authority are deemed to be ‘subject persons' for the purposes of local legislation on anti-money laundering and counter-terrorist financing. In order to start an iGaming business in Malta, one needs to go through a number of steps, with the main and most complex one being, applying for a remote or land-based gaming licence. GBO Malta's licensing experts will assistance you to obtain your MGA license including bank accounts, merchants, software also everything that you need in start thy Malta gambling business We will supports you to get your Malta gaming license GBO has been helping companies obtain Malta Online Gaming Licenses since 2009, also. Malta (MGA) is another renowned licensing authority that provides a simple procedure for acquiring a licence. A Malta iGaming business to consumer License may be used in all countries that don't have any local prohibition on gaming or where a local license is available. Similar to other onshore authorizations, the Malta gaming license price is costlier compared to οffshore authorizations. Niji Narayan. Getting the Malta Gaming Authority license is not that easy as one might think. Malta. €5,000. Malta Gaming Authority license is the license issued by the MGA to an online casino or a sports betting site (or a land based facility, depending on the situation!) in order to enable the operator of the site to provide gaming services to residents of a certain jurisdiction. Malta’s gaming license is widely seen as the world’s safest license because of its demanding requirements. Income tax is 25%. It is home to countless operators, software developers and a world-renowned regulator, making it one of the safest and most varied markets worldwide. In order to receive such a license, the applicant needs to go through a lengthy application process, which in some cases, can take up to 18 weeks. WOW Rating 85/100. Cyprus is one of the most popular off-shore licensing. Secure business environment – iGaming is an important part of the Maltese economy. Overview: In Malta, the term “game” in reference to gambling. It is considered prestigious to have a license from one of the largest jurisdictions within the European Union. They will also find it easier to open bank accounts, enter third party agreements, and offer services to international clients. Malta offers four different types of licenses. Stage №1. The Lotteries & Gaming Authority (LGA) is the organization responsible for regulating all gambling activity in Malta, including the issuing of licenses to online gambling operators. The nation has a highly skilled and experienced iGaming workforce. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. Evolution is licensed and. The Malta Gaming Authority issues one of the most trustworthy licences in the gaming industry. Part of the Betsson stable of casinos, Rizk has been in operation for a while, but only obtained its Malta licence in 2022. In particular, the Application Fee in Malta is €2,330 and the Licence Fee equals €8,500. com. In comparison to other gaming jurisdictions, Malta’s gaming license fees are more affordable for licensees. Company registration year: 2018 B2C – Gaming Service Licence License type: Type 2 Gaming Services Authorized by MGA Type 2 – games of chance played against the house, the outcome of which is not generated randomly but is determined by the result of an event. 01. The Malta Gaming Commission offers four different license types that cover all possible areas of the gambling industry. Malta Gaming Licence Types. The Malta-based gambling operator becomes the third entity to see its. The world-renowned license gives online gambling platforms a nearly unrivaled level of legitimacy, but navigating bureaucratic processes is never smooth sailing. The Malta Gaming Authority has run all the licenses since 2000, and they offer two types of permissions: B2C for online gaming and B2B. In April 2004, Malta became the first member of the European Union to regulate Remote Gaming. Rootz Limited is licensed and regulated by the Malta Gaming Authority under the license MGA/B2C/599/2018 issued on 30. It is also home to a large number of ancillary gaming service providers, such as software, hardware, data, marketing, advertising, and affiliate companies. The license cost is high compared to some other jurisdictions and the process is complex. In addition, the licensing application procedure is fast, yet offers a. TaxHowever, under the New Licence Fees Regulations, Class 4 licensees will no longer be required to pay a monthly gaming tax, ‘Compliance Contribution’, for every operator they supply licensed in an EEA jurisdiction (other than Malta) or another jurisdiction. The below form is the formal channel enabling players to lodge a complaint against MGA-licensed Online Casinos. The Gaming Authority is a single regulatory body that is responsible for the governance of all gaming activities in Malta including Amusement Machines, Broadcasting Media games, Casinos, Commercial Bingo Halls, Commercial Communication games, the National. Malta. 02 - Gaming Malta Fund Regulations. The Malta Gaming Authority (MGA)regulates and separates the industry in two gaming sectors;. Regardless of name, this licensing jurisdiction continues as a global leader in online gambling regulation. The Malta Gaming Authority, or MGA, was set up in 2001; it aimed to regulate various gaming industry sectors falling under its authority. Strickland Jr and Donna Bugelli. com. Malta: Malta Online Gaming Licence Application (Video) 30 April 2021. Share Capital requirements subject to the class of gaming license applied for. The company, renowned for its Type 2 Gaming Services license, has been left reeling as the. Acquiring a Gaming License in Malta . Class 3:- It is suitable for poker, peer to peer gaming & other. The MGA licence gives online betting. It is an official government agency, and its responsibility is to regulate the lotteries, casinos, and online gambling services in Malta. Types of Maltese gambling license. In conclusion, when asking which countries are easiest to get gambling licenses, it’s important to research each jurisdiction’s requirements, reputation, and long-term stability. When the license application process is finished, the MGA grants the Licensee a 10-year gaming license. (GB) under account numbers 41655. Apart from paying for the registration of the company in Malta and the starting license fee, license holders are required to settle the so-called Gaming Tax set at 5% of the revenue. Any gaming service subject to the requirement of a licence, carried out from Malta, or to any person in Malta, is subject to a gaming tax calculated at the rate of 5 per cent on the. Remote gaming licenses have generated billions of dollars in tax revenue for Malta since 2004, but allegations that the Italian mafia laundered almost $100 million via the Maltese-licensed. A license fee is €25 000, the price of application processing is €5 000. 1. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition Notice Register. Benefits of a Maltese gambling license include operating in an EU jurisdiction , favourable tax benefits ( as low as 5% through the full imputation system ), ease of doing business with banks and payment providers , and, of course, the prestige. An iGaming licence may be provided for any one or all of the. 2018. This article will provide an overview of. Malta Gaming License Cost. Advantages of a Malta Offshore Gambling License. With many countries failing to regulate, or even recognize, gambling sites, it was one of the first authorities to offer legislation to offshore casinos , providing official. Malta Gaming Authority provides two types of licenses (B2B and B2C) for a period of five years. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. A set yearly licensing cost of €25,000 is imposed on each licensee of B2C gaming services. The Gaming Authorisations Regulations provide that gambling operations cannot be operated, promoted or sold by any person in Malta unless it is authorized to be operated through a licensed entity. At the time, the Malta regulator warned the operator could have its licence cancelled if it failed to address. Class 4 is a licence to host and manage remote gaming operations. 03), which may be found on the Authority’s website. Malta Gaming Authority. The Malta iGaming regime provides essentially two licences, a critical Gaming Supply licence (B2C - Business to Business licence) and a Gaming Service Licence (B2C -. By. License Renewal application fee of 5,000 Euro. In April 2004, Malta became the first member of. Type 1: €100,000 - Covers RNG-based casino games, online lotteries, and virtual sports games. According to the wording of the Lotteries and Other Games Act 2001, the MGA’s mission is: “To regulate competently the various sectors of the gaming industry. The Malta gaming license is suitable for startups with capital, or operators established in other jurisdictions looking for an additional gambling license. Step 1 – Gather the necessary documents 2. Class 2 – Remote license for sports betting. For every euro of the remainder. Activities and services of these companies include games such as slots or casinos, fixed odds betting, including horse racing or sports pools, and peer-to-peer games, such as poker or bingo or controlled skill games. Malta, through its diligent efforts and commitment to creating a balanced environment for both operators and players, has earned its reputation as a premier gaming jurisdiction. The new chairman of the Malta Gaming Authority (MGA), Carl Brincat, recently stated that the nation’s gaming sector “seems to have weathered the [COVID-19] storm, partly due to its dynamism and constant innovation. 7. 583. Some companies choose to have a UKGC licence, as well as a Malta Gaming Authority licence, but they don't need to have both licences. At the outset it would be pertinent to point out that where gaming services are being offered to. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). It can be drawn into legal battles between a plaintiff and an online. The required share capital is 100,000 euros. €25,000. The operator. In the years since, Malta has emerged as the undisputed capital of Europe’s €24. Information relating to the Compliance Contribution fee can be found in the Gaming Licence Fees Regulations (S. 583. The term of registering for a Malta license is about 12 months; the license is valid for 5-10 years. Category: Success stories. Malta gaming license has a high repute thanks to anti-money laundering standards and financial laws and regulations. Along with the UK Gambling Commission, the Malta Gaming Authority ensures that the casino companies are employing the best. In Malta there are two different kinds of Maltese Online Gaming Licenses available, a B2C license or a B2B license. 583. MGA is headquartered in Malta and was founded in 2001. Learn about the costs, types, and requirements of obtaining a Malta gaming license from the MGA, the authority that grants and oversees online gambling licenses. All documents you will need for your Malta gambling license. The B2C license is applicable to any entity that is offering, providing, or. Malta is a popular jurisdiction for online gambling and has become one of the leading online gambling hubs in the world. Mission Statement. Full legal package: AML framework, Compliance officer and policies, Audits under new regulation, IT audits. CSB iGaming team provide guidance on the iGaming. CSB Group. Malta Gaming Authority. Each operator has a dynamic seal. Large currency exchange firms opened their offices here, which was due to an increase in the loyalty of the. Type 3 – Minimum €40,000. The United Kingdom. The Malta Gaming Authority (MGA) has made changes to the Gaming Authorisations and Compliance Directive, further streamlining the requirements for online gambling operators in the country. 00%. For over 20 years, the MGA has been regulating gambling businesses, including online casinos and sportsbooks. Nowadays, the Gaming Authority is responsible for regulating over 300 online operators, and around 50% of the country's international bandwidth is used by remote gaming. Firstly, the Malta Gaming Authority (MGA) is one of the most respected in the world, and holding a license from it is seen globally as a vote of confidence. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. Skip to content. € 10,000. At the outset it would be pertinent to point out that where gaming services are being offered. Malta Gaming Authority (Malta) imposes following a set of strict regulations, guidelines, and legislations that allow promoting online sportsbooks or casinos in the EU. Curacao Sub-licenses are to be renewed until the beginning of 2024. 583. Player Protection - Malta Gaming Authority. One major difference is that while a single license in Curacao covers every gambling activity under the sun, the Malta Gaming. Non-refundable Fixed Annual Licence Fee for. It is considered prestigious to have a license from one of the largest jurisdictions within the European Union. Within 6 months of. License Renewal application fee of 5,000 Euro. Company jurisdiction: Malta. The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. To regulate competently the various sectors of the gaming industry that fall under the Authority by ensuring gaming is fair and transparent, preventing crime, and protecting minor and vulnerable players. To obtain an MGA license, operators must meet strict criteria and undergo a rigorous application process. The default gaming licence term, whether original or renewed, is of 10 years. Banking needs: To receive payment from their merchant account outside of the EU – SWIFT EURO. We are able to issue new Curacao sub. We hold our license with the Malta Gaming Authority (MGA). E: info@csbgroup. The Gaming License Fees Regulations (SL 583. +995706070360. F: +356 2557 2558. MGA Licensing Cancellations. Malta is a state with one of the most well-regulated systems of gambling activities. S.