Malta Remote Gaming Licences - Benefits

Updated: July 30, 2020 | 5 minute read

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Introduction

An iconic and world-renowned regulator, the Malta Gaming Authority (the "MGA") is considered as a crown jewel authority within the gaming industry.

Whether for Remote Gaming Licenses or Land-based Gaming Licences, the Maltese archipelago has successfully established itself as the hub of the iGaming sector.

Learn all about the advantages of having an Remote Gaming Licences in Malta.

Malta has a rich history spanning over 7,000 years and has often played a crucial role in the making of history due to its strategic location in the centre of the Mediterranean Sea.

Located in the centre of the Mediterranean, with closest lands being

  • Sicily;

  • North Africa; and

  • Gibraltar.

The Maltese archipelago enjoys a typical Mediterranean climate with an average of 300 days of sunshine a year.

Being a member of the EU since 2004, a Commonwealth member state, and part of the Schengen area since 2007 facilitates trade and freedom of movement within the European Union.

Malta also enjoys a steady political climate with accredited economic growth higher than most EU countries thus guaranteed to be a safe hub from which to operate one’s business.

 

Benefits of Malta Remote Gaming Licences in Malta

But first, let us explain

What is a Remote Gaming Licence?

 

A Gaming Licence issued by the Malta Gaming Authority on behalf of  the state of Malta signifies authorisation for a licensee to carry on or otherwise provide gaming services in or from within Malta, including but not limited to, games of chance, such as slots or casinos, fixed odds betting such as race books or sports pools, peer-to-peer games such as poker or bingo or controlled skill games and/ or any gaming supplies which are indispensable to provide such services.

Any gaming company wishing to target Maltese players or otherwise carry on gaming services in or from within Malta would need to apply for a gaming licence with the MGA.

The licence covers the types of games to be offered, along with the services to be provided, either Business-to-Business (B2B) services or Business-to-Consumer (B2C) services.

 

 Benefits of Remote Gaming in Malta

#1 Malta - Tax Efficient Jurisdiction

  • Low Gaming Tax Rates - a 5% gaming tax shall apply on the gambling revenue generated by the remote gaming operators from Malta-based players.

  • Low Gaming Licence Fees - Malta has two types of licences. Anyone wishing to enter the Maltese iGaming sector by either operating a remote gaming company in Malta or by providing critical supplies thereto must hold a valid Maltese Gaming Licence issued by the MGA.

    There are two types of Gaming Licences, either a Gaming Service Licence applicable to B2C operators or a Critical Gaming Supply Licence applicable B2B operators.

    Moreover, the Licence Fee applicable to licensees in Malta are comparatively less expensive than other gaming jurisdictions. The Gaming Licence Fees Regulations impose a Compliance Contribution solely on B2C gaming service providers in terms of a sliding scale, depending on the revenue generated.

Know all about the Gaming Licence Fees Regulations here.
 
  • Low Corporate Tax Rates on Gaming Operations - a 35% corporate tax rate shall apply  on the profits generated by the remote gaming operators. Companies will be able to benefit from certain tax incentives, subject to applicable conditions.

#2 Legal Security and Stability in Malta

  • Fast Licensing Application Procedure;

  • Steady legal regulatory framework offering protection both for licensed operators and online players;

  • Malta has high anti-money laundering standards;

  • Malta offers Onshore status for Maltese remote gaming companies;

  • As Malta is an EU member state, it offers the possibility of free movement of goods and services.

#3 Skilled iGaming Workforce in Malta

Malta offers a comprehensive gaming ecosystem. Maltese islands have the resources, people and culture to give iGaming professionals and entrepreneurs the possibility and chance to connect with like-minded individuals where business gets done.

Malta’s iGaming workforce is incredibly international and diverse. The island has drawn people from all corners of the world. 

#4 iGaming Events in Malta

Whether you are a startup or a big international company, you will find yourself at one of the many yearly Malta iGaming events.

Each year there are many events organised for the iGaming industry in Malta, such as SiGMA which was hosted for the first time in 2016 at the IACC. SiGMA is the quintessential iGaming destination.

#5 Location of the Maltese Islands

  • The Maltese archipelago makes just the perfect location when it comes to setting up your iGaming company. Its positioned in the heart of the Mediterranean, with closest lands being Sicily, North Africa, and Gibraltar;

  • Being a Schengen area since 2007, Commonwealth member state and a member of the EU since 2004, facilitates trade and freedom of movement within the European Union;

  • Malta’s climate is strongly influenced by the sea and is typical of the Mediterranean, with mild, rainy winters and hot, dry summers; and

  • Malta has over 300 days of sunlight per year, with a daily average of 6 hours’ sunshine in mid-winter, to more than 12 hours in summer. So, Malta can be the perfect destination for people who want to enjoy their vacation with gaming.

#6 Other Strengths of Malta

  • Availability of a wide range of specialised support services including

  • Malta has a reliable reputation as an ICT hub for multinationals like Oracle, Microsoft, and Cisco Systems.

 
 

Conclusion

Malta is considered to be the European centre for remote gaming and through the years has established itself as a serious and well-regulated European jurisdiction within this sector.

The reputation, gathered together with the favourable Malta gaming license costs and tax regime, continues to make Malta the jurisdiction of choice for Remote Gaming Licences and operations.

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