Malta License Casinos

The Malta license for online casinos is provided by the Lotteries and Gaming Authority. The licenses are issued on the basis of the Remote Gambling Regulations that were introduced in 2004. Incidentally, the Lotteries and Other Games Act was introduced in 2001. This regulation applies to the gambling sector within the country itself. In 2004, specific rules were introduced regarding the regulation of remote gambling games. Before 2004, however, there was the Public Lotto Ordinance, which included online gambling and offline gambling. Several licenses may be obtained from the authorities in Malta.

DIFFERENT TYPES OF LICENSES

A distinction is made by the Maltese authorities between different types of gambling games for which a license can be obtained for. The licenses are divided into four categories. The first category relates to companies that operate online casino games, gambling games and games with RNG. The second category applies to companies that offer online sports betting. Then, there is a third category and this includes companies that act as an advertiser or promoter who operate from Malta. The fourth and last category is aimed at companies that are not an operator of iGaming activities, but are active within the industry.

Each Malta license has a limited validity of 5 years. In 2011, a change was made to the Remote Gaming Regulations. With this change, more authority is granted to the companies that fall into the fourth category as licensees. These companies, for example, have the opportunity to act as a platform provider for operators with a European license. Until the change, it was only possible for them to act as a platform for permit holders in Malta.

LOTTERIES AND GAMING AUTHORITY

LGA is not only an authority that provides licenses, but also acts as a regulator. This means that online casinos that have an LGA license can be labeled as reliable, safe and fair. The authority is responsible for all gambling activities in the country and also for online gambling. The gambling industry is regulated with the aim to offer players honesty, security and reliability when playing online gambling games. Furthermore, LGA is doing everything to prevent criminal activity, fraud, money laundering and corruption. Malta is considered by the gambling industry as a real pioneer when it comes to online casinos and online gambling. It is not for nothing that several Dutch online casinos are located here.

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