Online Gaming License and Industry in Malta

Malta iGaming industry is a vast industry which is growing with every passing day. We all loves to play games, and if that is available in online mode, then the child is us will be more than happy. With digitalization in every sector, gaming industry Malta too has been actively following the path.  But to get digital or online, it is important to acquire a valid Malta online gaming license.  EMD is one such establishment that provides ample support in getting the formalities of licensing done.  It was in late 2000 that the Malta online gaming industry gained wide popularity. Malta too has been an incredible part of the gaming industry with many leading developers.

iGaming industry is vast and there are numerous products to choose from. A gamer can choose from different categories like casino games, betting games, esports betting games and many more. It is basically an online platform where bets are placed on the result or outcome of a particular game or event. Going by the data of 2017 released by MGA or Malta Gaming Authority, Malta has around 294 iGaming companies that forms a major part of the Malta iGaming industry. It contributes to around 10 percent of the country’s GDP. This number is pretty good as this gaming industry Malta is not very old and came into picture in the year 2014. Malta online gaming license is a document that is mandatory to conduct betting or online games gambling in online mode. These licenses are granted by special commissions who are responsible to regulate the online gaming process. Malta online gaming has existence until the licence is valid and without that there is no legal ground for the business and hence there will no investors.

Under Malta iGaming industry, there are a wide range of games available which can be played via distance communication modes like internet, mobile, digital TV etc. All these are operated via means of Malta online gaming licence network. Malta EMD offers various attractions that pressurises I Gaming companies to play under its legal jurisdiction. Malta being a part of European Union, is one of the pioneers to regulate remote gaming networks. Malta online gaming industry has a significance of having well-regulated jurisdiction which ensures that interest of both players and operators are well maintained. The entire process of getting licence for regulating gaming industry Malta is very easy and has an objective based approach providing scope for modification in future.

Requirements for getting the iGaming license in Malta

• The developer or operator must be established within EU or EEA
• The applicants must be fit and proper
• The business must be able to provide a demo for business and technical ability that will have capability to manage the iGaming platforms
• It must provide guarantee that the players will be paid on winning and that they have sufficient reserves to maintain the operation

The operator must provide all required documents to MGA for getting the Malta online gaming license.  There is a fee that is applicable while submitting the form along with annual license renewing fee.