Malta Gaming Authority (MGA) is the regulator responsible for online gambling in Malta. Duties and tasks of this authority: provide a safe environment for games, as well as ensure the integrity of games and devices, grant licenses to online casinos.
Malta was one of the first countries to start regulating online gambling. The Maltese rules are well known as strict and structured, and the MGA is proud of its high level of openness and honesty. The gaming authority protects the casino from crime and corruption, and also protects minors and addicted players.
The Malta Gaming Authority was founded in 2000. New licenses do not distinguish the types of games or technologies used, so the same license is issued to the company for online games and mobile games. This significantly reduced the amount of time and documents required to apply for a license for several types of games. New rules also differ by providing greater customer support and player protection by separating the client’s account from casino funds.
Types of MGA licenses
MGA offers 4 types of gaming licenses:
- Class 1 is a license for remote games, according to which operators manage their risks of repetitive games (online casino games and lotteries).
- Class 2 – license for remote sports bets.
- Class 3 – license to advertise gambling in Malta (suitable for poker).
- Class 4 – license to host and manage remote gaming operations;
MGA licenses the following products – lotteries, commercial bingo halls, cruise casinos, gaming machines, national lotteries, non-commercial games, sports betting, online casinos.
Requirements for obtaining a license
To obtain an MGA license, you must:
- Own a gaming company registered and operating in Malta;
- Undergo a thorough check of all the owners of the company;
- Provide data confirming the technical and financial capabilities of the company;
- Provide data guaranteeing solvency;
- Strict adherence by the operator to the age verification and KYC (know your customer) procedure. Players must be over 18 years of age and confirm this documentary by providing proof of identity, as well as a copy of the bank card.
After obtaining an MGA license, the company must undergo a series of inspections by independent audit companies, which are third parties and are hired by the MGA. As a result of audit, the license is extended or canceled.