- Number of casinos 17
Being one of the first jurisdictions to regulate online gambling, Malta remains one of the leaders in the industry. Its licensing authority, the Malta Gaming Authority (MGA), is the most respected offshore online casino regulator in the world. Many top online gambling brands hold the Malta remote gambling license, which allows them to operate in several jurisdictions with unregulated markets.
On this page, we will cover everything you need to know about the Malta Gaming Authority and its licensed casinos. Whether you’re here to find the best MGA casinos or you just want to learn about the regulator, this guide is for you. Join us now as we explore this exhilarating world of MGA casino sites.
The journey started far back in 2001 when the regulator was formed as the Lotteries and Gaming Authority (LGA) under the Lotteries and Other Games Act (2001). The authority was given the responsibility to regulate all kinds of gambling, both land-based and online. It was one of the first authorities to start regulating online gambling.
In 2014, Malta became the first state in the EU to allow for the regulation of remote gaming. It quickly attracted many gambling operators due to its low taxes for remote licensees and its friendly iGaming ecosystem. The name was changed from LGA to name to the Malta Gaming Authority in 2015.
To carry out its responsibilities properly, the organization is divided into four sections. These are the executive management committee, audit committee, supervisory council, and the fit and proper committee. Through these four divisions, they’re able to carry out their gambling regulations strictly and have built a strong reputation in the industry.
The objectives of the organization include:
There are two major types of licenses offered by the MGA – the B2B and B2C licenses. The B2B license is for casino software developers while the B2C licenses are for operators of different forms of gambling.
The B2B license for remote gaming is further divided into four types as follows:
Over the years, the Malta Gaming Authority has maintained its position at the forefront of online gambling regulation. It’s no doubt the most reputable remote iGaming authority in the world today. The authority laid down a solid regulatory framework several years ago when the market was largely unregulated. As a result, it became the standard for many jurisdictions.
Like the UKGC, the MGA is known to be strict and well-structured. The organization prides itself on its high standards of transparency, honesty, and fairness. It also actively monitors its casinos, protects vulnerable players and minors, also stands solidly against crime in the industry.
In terms of popularity, the Malta online gambling license is the most popular across EU nations. Like the Curacao eGaming, the MGA is also popular among casinos that operate in North America, Asia, Africa, and South America. Due to the strict licensing process and higher regulatory standards, it is considered more valuable than the Curacao license. That’s why some of the biggest online gambling brands in the world hold the license.
As previously noted, the MGA does not just have solid regulatory policies, it also ensures its casinos abide by them. This brings a lot of advantages to both players at MGA iGaming sites. We have highlighted the pros of playing at the MGA-licensed casino sites below:
To apply for an MGA remote casino license, you have to start by paying a one-time application fee of €5,000. Before this, you must make sure you have a share capital of at least €100,000 for the Type 1 license. These are the other requirements:
All the documents required will have to be submitted electronically through the licensee portal. The approval process takes four to six months. After approval, operators also have to pay an annual license fee of €25,000.
As previously noted, the Malta Gaming Authority takes players’ protection seriously. It sets of player protection regulations for operators are divided into four parts, which we briefly explain below.
With the excellent customer service offered at MGA casino sites, it is unlikely that you will need to reach the regulator. However, you are free to reach the regulator in the worst cases. Although there is an email, the Malta Gaming Authority attends to casino complaints made through the dispute resolution page.
At the bottom of the complaint page, you will find a form where you have to provide personal information and describe the incident. You can also upload pictures or files to provide evidence of the incident. The Authority may request identification from you before processing your complaint.
If you need to reach the regulator for other reasons, here’s MGA Malta’s contact info:
To be honest, it’s very difficult to pick any disadvantage of MGA casinos for players. The Authority’s solid regulations prove that it deserves its spot at the forefront of the legal iGaming market. For operators looking to launch new casinos quickly, the strict license processing and operating requirements may be a drawback. Nevertheless, reputable brands should not have issues meeting the requirements of the MGA.
There’s no doubt that the MGA is one of the best casino regulators out there. Its rigorous regulatory framework has made it a gold standard in the world of online gambling. MGA-licensed casinos are known for their transparency, security, fairness, and commitment to responsible gambling. These qualities make them popular among casino players.
More interesting is that you have access to a wide range of high-quality games at these MGA casinos. The large number of top software providers with the MGA license ensures there are enough games for operators to feature. Furthermore, the casinos feature generous bonus deals that boost your bankroll and enhance your gameplay.
What’s more, these gambling sites are also known to accept numerous payment methods and offer excellent customer service. That means you won’t struggle to make payments and you can get assistance easily. The best part? All of their services can be enjoyed on the go as the websites are mobile-friendly.
MGA casinos certainly have all you need for an exciting gambling experience. Fortunately, we have featured the best MGA casinos here, so you can easily find one. As you play, remember to prioritize your entertainment over winnings and stick to your budget. Good luck!