Malta Online Casino License
The Malta Gaming Authority (MGA) is hereby declaring that it has no connection with epicwin.vip, epicwin2.com, and epicwinvip.club. Any reference to the MGA and/or gaming licence/s said to be issued by the Maltese Authority, as stated by epicwin.vip, epicwin2.com, and epicwinvip.club, are false and misleading. The Malta Gaming Authority (MGA) is one of the most prominent bodies that do this, and many online casinos strive to obtain a Malta license to show that they are transparent and incorrupt, as well as to be able to operate in countries that require it.
So you are looking for a Maltese gambling license. This document goes over the costs and processes in order to obtain the license.
NOTICE
Malta is not the cheapest jurisdiction to obtain a casino license in, if you are looking for a more affordable license then we suggest taking a look at a Curacao gambling license which is better suited to tighter budgets.
Why Malta?
Malta is part of the European Union which makes it a very attractive jurisdiction to obtain a gambling license in. It comes with tax incentives and an expert work force.
What this document covers
This document covers the end to end application process with the Malta Gaming Authority (“MGA”) as well as an overview of the related prices for the setup and the maintenance of a gambling company in Malta.
- Malta Gaming Authority (MGA) license types
- Malta gambling license application process
- Malta Gaming Authority fees
- Gaming Tax as Applicable by the MGA
- Share Capital Requirements
- Administration services
- Key official Services
- On-going operation
- Financial Audit
- How long does it take to get the Malta gambling license
- How do I find out if a casino is licensed in Malta?
Malta Gaming Authority license types
The Malta Gaming Authority offers four types of remote gaming licenses:
- Class 1 – a remote gaming licence (examples of Class 1 licences would include casino-type games and online lotteries) whereby operators manage their own risk on repetitive games. It is also possible to have a Class 1 on 4 licence whereby the Class 1 licensee operates its games on the software and in certain cases through the equipment of a Class 4 licensee;
- Class 2 – a remote betting licence (an example of a Class 2 licence would include fixed-odds betting) whereby operators manage their own risk on events based on a matchbook. It is possible to have a Class 2 on 4 licence whereby the Class 2 licensee operates its games on the software and in certain cases through the equipment of a Class 4 licensee;
- Class 3 – a licence to promote and/or abet remote gaming in or from Malta (an example of a Class 3 licence would include poker rooms and peer-to-peer (P2P) gaming). It is also possible to have a Class 3 on 4 licence whereby the Class 3 licensee operates its games on the software and in certain cases through the equipment of a Class 4 licensee;
- Class 4 – a licence to host and manage remote gaming operators, excluding the licensee itself, whereby software vendors provide management and hosting facilities on their platform. In essence this is a business to business (B2B) gaming licence.
Malta gambling license application process
In order to prevent any unnecessary delays in the process, our clients will undergo a pre-application process together with the Malta Gaming Authority (MGA). This will ensure the quality of the application and will be followed by the actual application process that consists of a number of steps:
- 1) The MGA will conduct a fit and proper exercise by assessing all information related to those involved in financing and management and on the business viability of the operation. In addition the MGA conducts integrity investigations with national and international regulatory bodies and law enforcement agencies.
- 2) The MGA conducts an in depth financial analysis of the applicant’s business plan. It is expected to include a detailed forecast of the operation together with details pertaining to marketing and distribution strategies, HR planning, and growth targets.
- 3) Operational and Statutory – The applicant is examined on the instruments required to conduct the business. This process includes examining the Company’s incorporation documents, the games, the business processes related to conducting the remote games, the rules, terms, conditions, and procedures of the games, the application architecture, and the system architecture.
- 4) The MGA will inform the applicant that the application was successful and will invite the applicant to implement onto a technical environment in preparation for going live. 60 days are allowed for the applicant to complete such operation. Within those 60 days, the applicant may request an external systems audit where the live environment will be examined against the proposed application. Once the certification process is completed, a five-year license will be issued by the MGA.
- 5) Once the licence is issued, an independent third party will be contracted by the MGA to perform a number of compliance audits of the licensees operation throughout the first and the third year of operation.
Malta Gaming Authority fees
| Description | Fee |
| Fee for a new licence of any class | €5,000.00 |
| Application fee for the renewal of any class | €5,000.00 |
| Systems Audit | €2,500.00 |
| Compliance Audit | €3,500.00 |
Annual licence fee
The annual license fee is paid to the MGA, previously this was a fixed fee for any class however as of 2018 this fee is changing as follows.
For a class 1, 2 or 3 license the annual fixed MGA fee is €25,000 and for a class 4 license €10,000. If a licensee has multiple classes of licenses (1, 2 or 3) the annual combined fixed fee is calculated on Gross Gaming Revenue:
| Revenue | Fee |
| Fee for a new licence of any class | €5,000.00 |
| -5Mln EUR | €25,000.00 |
| 5mln – 10mln EUR | €30,000.00 |
| + 10mln EUR | €35,000.00 |
Compliance contribution
The MGA has introduced this new fee which is based on Grosse Gaming Revenue and has minimal annual contributions which differ per class:
| Class 1: Annual Compliance contribution – Minimal fee €15.000, Max €375.000 | Rate |
| For every euro of the first €3,000,000 | 1.25% |
| For every euro of the next €4,500,000 | 1.00% |
| For every euro of the next €5,000,000 | 0.85% |
| For every euro of the next €7,500,000 | 0.70% |
| For every euro of the next €10,000,000 | 0.55% |
| For every euro of the remainder | 0.40% |
| Class 2: Annual Compliance contribution – Minimal fee €25.000, Max €600.000 | Rate |
| For every euro of the first €3,000,000 | 4.00% |
| For every euro of the next €4,500,000 | 3.00% |
| For every euro of the next €5,000,000 | 2.00% |
| For every euro of the next €7,500,000 | 1.00% |
| For every euro of the next €10,000,000 | 0.80% |
| For every euro of the next €10,000,000 | 0.60% |
| For every euro of the remainder | 0.40% |
| Class 3: Annual Compliance contribution – Minimal fee €25.000, Max €500.000 | Rate |
| For every euro of the first €2,000,000 | 4.00% |
| For every euro of the next €3,000,000 | 3.00% |
| For every euro of the next €5,000,000 | 2.00% |
| For every euro of the next €5,000,000 | 1.00% |
| For every euro of the next €5,000,000 | 0.80% |
| For every euro of the next €10,000,000 | 0.60% |
| For every euro of the remainder | 0.40% |
| Class 4: Annual Compliance contribution – Minimal fee €5.000, Max €500.000 | Rate |
| For every euro of the first €2,000,000 | 0.50% |
| For every euro of the next €3,000,000 | 0.75% |
| For every euro of the next €5,000,000 | 1.00% |
| For every euro of the next €5,000,000 | 1.25% |
| For every euro of the next €5,000,000 | 1.50% |
| For every euro of the next €10,000,000 | 1.75% |
| For every euro of the remainder | 2.00% |
Gaming Tax as Applicable by the MGA
- Class 1 – €4,660.00 per month for the first six months and €7,000.00 per subsequent month;
- Class 1 on 4 – €1,200.00 per month;
- Class 2 – 0.5% on the gross amount of all bets accepted;
- Class 3 and Class 3 on 4 – 5% of real income;
- Class 4 – No Tax levied for the first six months of operation, €2,330.00 per month for the subsequent six months, and €4,660.00 per subsequent month for the entire duration of the licence
Share Capital Requirements
When incorporating the company on Malta, the MGA requires that companies operating a class 1 or 2 license have a share capital of €100.000. For class 3 or 4 license holders this amount is €40.000. Companies applying for multiple licenses amounts will be cumulative.
An idea of corporate setup fees for a Maltese gambling company
| Description | Fee |
| Incorporation Fee (This includes name reservation, customer due diligence process, M&As, Share Register, VAT application, income tax application, excl. MFSA Registration Fee) | €1,200.00 – €2,000.00 |
| Registered office (optional) | €500 – €1000.00 |
| Corporate Director (optional) | Price on request |
| Company Secretary | €500 – €1000 |
| Annual Compliance (KYC) Maintenance | €250 – €500 |
| Management Fee Package | €3,000.00 – €5,000.00 |
| Assistance opening a bank account | €1,000.00 – €2,000.00 |
Administration services
| Description |
| Book Keeping |
| Legal Administration |
| The legal and financial administrational services will be charged against the applicable hourly rates which may vary from €60 to €250 per hour, depending on the experience of the employee involved. |
The above fees are per class of license.
Typically the fees will include assistance with the drafting of the business plan, financial prognosis, and system documentation.
Key official Services
A Key Official is a natural person, approved and licensed by the MGA to act as a main point of contact towards the said authority on behalf of the gaming company licensed in Malta. Key Official services cost on average €1,000 per month. This will also include the preparation and submission of the player liability reports of the company, gaming tax reports, the quarterly returns, completion of any other returns due by the company (such as questionnaires/consultation papers) to the MGA amongst other duties generally incumbent upon directors by application of the law.
On-going operations
If preferred a service provider can assist with the on-going daily financial and legal matters of the company. The type of service will depend on your personal preferences and below is an example of the services a gaming company may expect to be made available to them:
- Filing of the annual returns
- Preparing and processing bank transactions
- Preparation of bookkeeping and related annual financial statements
- Company VAT(quarterly), annual tax and tax refund filings
- Payroll services
- Mini One Stop Shop (Moss) VAT compliance
- Preparation of dividend warrants
- Certification of documents
- Legal administration (e.g. drafting/reviewing contracts or agreements)
- Liaising with the auditors
- Residency applications and opening of bank accounts for employees
We would recommend negotiating fixed monthly fees to cover the above services allowing you to budget appropriately.
Financial Audit
Online Casino Free
Audit fees (external auditor) start at €1,500. The actual fee highly depends on the amount of activities within the company.
How long does it take to get the license?
Where can a Malta Gambling license be used?
Casinos licensed under a Malta Gambling License can offer services to players in over 180 countries.
It is far simpler to list the countries where the Malta Gambling License can not be used: USA, Australia, China, Hong Kong, Macau, Turkey, Iran, Iraq, Syria, Indonesia, and Malaysia. Some European countries are barred too: France, Spain, Italy, Portugal, Austria, Belgium, the Czech Republic, Slovenia, Lithuania, Estonia, and Denmark.
How do I find out if a casino is licensed in Malta?
It is not uncommon for casinos to “pretend” to have a Malta Gambling License. If you want to find out for sure if a casino is indeed registered and licensed in Malta you can visit
the MGA Gaming License Register for further information.
There are separate licenses for online gaming, online betting, betting promotion, and hosting of betting...
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The Malta Lotteries & Gaming Authority was all set to launch operations pertaining to gambling and betting activities online in February 2004. It was agreed to by one and all and the guidelines were eventually implemented. Hence, Malta had an entirely new licensing procedure.
Although, the implementation was done in April instead of February, it was still pretty successful. The licensing was very liberal and very easy owing to which a large number of parties saw the opportunity for acquiring a license.
Owing to the new licensing procedure, Malta has acquired a reputation of being one of the prominent countries in the online gaming industry. Every one vouches for the freedom offered by Malta in the new regime. Malta is constantly improving the quality of its license in order to move forward in the field of online gaming. It has definitely made quite some progress.
Yes, acquiring a license in Malta is easy but it is only easy if you showcase that you’re capable of handling a betting business. Hence, if you’re aspiring for a license make sure you can present your caliber properly before the jurisdiction. It will issue a remote gaming license for online gaming and for online betting offices. Thus, if you wish to acquire a license in Malta, you need to have some kind of standing already.
If you prove yourself, you shall be issued a license for a period for 5 years. You can go on extending this license for the next 5 years and so on. There are separate licenses for online gaming, online betting, betting promotion, and hosting of betting games online. All these are classified into class 1, 2, 3 and 4 respectively.
The licensing process with Malta is exhaustive. Only those who are fortunate enough receive their gaming licenses & permission for operating in the industry in Malta’s jurisdiction. The vetting process normally takes around 5 to 6 weeks, but this duration can be longer depending upon the history of applicant.
Like it goes with every country, the richer you are, the easier it is to acquire a license. If you have a commendable history then you shall receive a license within 5 to 6 weeks. Otherwise, it would take a little longer.
The application requires you to detail the jurisdiction to a great extent. You will have to show them all the details of your account along with identity and audition proofs. You will also have to give them a list of share holders whose shares are higher than 5%. You will have to give them your entire business plan and will have to tell them that your business plan is successful. This will require deep thinking and planning before you go ahead and apply for a license.
Malta is better off than a lot of other countries. It offers excellent services at reasonable rates. The license holders of Malta enjoy a huge number of benefits which license holders of other countries are unable to. It holds quite a reputation for its financial & legal arrangements. There are around 500 million citizens of the European Union operating in the internet market at Malta.