Casinos that Work Under Malta Gaming Authority License in United States

Malta Gaming Authority (MGA)

The gambling business system in Malta is perfectly regulated today. An important role in this was played by the policy of the Maltese Government aimed at creating favorable conditions for business, related to lotteries and gambling. The MGA (Malta Gaming Authority) is the official government body of Malta that issues licenses to gambling industry entities.

Maltese Gambling Service, known before the rebranding as the Lottery and Gaming Management Service (LGA), is the only independent state regulator in the country’s gambling industry. The agency manages all gambling processes both in land-based establishments and in the online segment.

As a regulatory body, MGA maintains a unified register of permission holders and those operators whose license is currently suspended. To prevent fraud on the part of online casinos that do not have permission and deceive users, the company publishes a list of operators.

Advantages of jurisdiction: 

• Receiving tax benefits on a par with Maltese trading companies.
• Politically and economically stable jurisdiction.
• Malta is a member of the EU.
• The country is not listed in the list of offshore zones.
• This gambling license of a European country gives the right to open an account in a European bank.

Process of Obtaining the License

There are 4 classes of gambling licenses in Malta, the conditions that the Malta Gaming Authority sets for its licensees depend on each individual class.

Class 1. This class covers casinos, predicted outcome games, and online lotteries. The paid-up share capital for this class is 100,000 euros.

Class 2. This class includes games with fixed bets, betting on a set of bets and spread betting. The paid-up share capital for this class is 100,000 euros.

Class 3. This class includes P2P, poker networks, betting exchanges and gaming portals. The paid-up share capital for this class is 40,000 euros.

Class 4. This class is intended for software vendors who want to provide hosting and management of objects on their platform. The paid-up share capital for this class is 40,000 euros.

The authorized capital can be paid after the registration of the company, but not later than the license is issued.