Malta Gaming License

GBO provides turn-key solutions, including gaming licenses, company formation, bank accounts, legal services, and everything else you require.

When it comes to establishing your own online casino in the popular jurisdiction of Malta, you can rely on GBO’s vast experience and expertise to guide you through the licensing and corporate setup processes. We have over a decade of experience in Malta and hundreds of happy customers. You will be ready to launch in just a few weeks and at a low cost!

We can help you obtain your Malta Gaming License

When you negotiate through GBO, the whole package is bundled so there are no extras because we include the full Malta gaming license cost.

What is the unique service we offer?

GBO has vast experience guiding gaming operators through the licensing procedure in Malta and ensuring compliance with MGA regulations. GBO is well-positioned to assist gaming operators in setting up operations in Malta and thriving in this popular gaming destination, given their industry expertise and knowledge..

This article examines the reasons why Malta has become one of the top jurisdictions for gaming operations, including its regulatory framework, favorable tax regime, skilled workforce, infrastructure, and EU membership. In addition to these factors, the article emphasizes the speedy and efficient licensing procedures provided by the Malta Gaming Authority (MGA), which has issued over 700 licenses for various types of gaming operations in the country.

Due to its advantageous regulatory framework, taxation, skilled workforce, infrastructure, and EU membership, Malta has become one of the most popular locations for gaming operators. In addition to these factors, another benefit of establishing gaming operations in Malta is the speed and efficiency of the licensing procedures.

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The Malta Gaming Authority (MGA) is the regulatory body in charge of overseeing all gaming operations in the country. The MGA has a reputation for enforcing regulations in a fair, transparent, and efficient manner. The licensing procedure in Malta is straightforward, and the MGA strives to process applications in a timely manner. 70% of license applications are processed within four months, and 90% are processed within six months, according to the MGA.

The MGA has issued over 700 licenses for various gaming operations, including online casinos, sports betting, lotteries, and skill games, as of 2021. This number is anticipated to increase as more companies establish operations in Malta. According to the MGA, the total number of gaming companies operating in Malta is over 300, with a combined annual revenue of over €1.6 billion.

The gaming industry is a significant contributor to Malta’s economy, employing more than 9,000 people. The total workforce in Malta’s gaming industry has increased by 31% over the past five years, reflecting the industry’s expansion. Gaming taxes account for over 10 percent of the government’s total tax revenue.

The gaming industry in Malta has not been devoid of obstacles, and the government has had to navigate the industry’s politics. There have been concerns in recent years regarding the potential for money laundering and other illegal activities within the gaming industry. The government has introduced stricter regulations and increased the MGA’s enforcement resources in response to these concerns.

Concerns have also been raised about the impact of the gaming industry on the local community, with some locals complaining about noise, traffic, and other disturbances caused by gaming operations. The government has introduced zoning regulations and other measures to mitigate the impact of gaming operations on the local community in response to these concerns.

Despite these obstacles, Malta’s gaming industry continues to grow and prosper. The country’s favorable regulatory framework, taxation, skilled workforce, infrastructure, and EU membership make it a desirable gaming jurisdiction. The MGA’s swift and efficient licensing procedures make it easier for businesses to establish operations in Malta and generate revenue rapidly.

In conclusion, the gaming industry in Malta is a major contributor to the nation’s economy, providing employment opportunities and tax revenue to the government. The MGA’s swift and streamlined licensing procedures make it an attractive jurisdiction for gaming operators, and the industry is anticipated to continue to expand in the coming years. The government’s efforts to address concerns about the impact of gaming operations on the local community and prevent illegal activities in the industry demonstrate its dedication to ensuring that the industry remains a responsible and sustainable economic contributor to Malta.

FAQ

Why do gaming companies have a presence in Malta?
Malta is home to gaming companies due to its favorable regulatory environment, competitive tax rates, and skilled workforce. The Malta Gaming Authority (MGA) is the regulatory body responsible for overseeing the gaming industry in Malta. It has earned a reputation for its stringent yet fair licensing and regulation standards. The Malta Gaming Authority (MGA) offers a streamlined licensing process that is responsive to the needs of gaming companies, making it an attractive jurisdiction for a large number of international gaming companies.

What is the gaming industry in Malta all about?
Malta’s gaming industry contributes significantly to the country’s economy. The industry encompasses a variety of endeavors, including software development, platform providers, online casinos, and sports betting operators. According to the Malta Gaming Authority, more than 300 gaming companies are currently licensed in Malta, and the industry contributes significantly to the Maltese economy. In 2019, licensed gaming operations in Malta generated a total revenue of €1.56 billion and employed over 6,000 people.

Is there no tax on gambling in Malta?

The tax system for gaming companies in Malta is based on a progressive corporate tax rate, which begins at 35% for companies with taxable income up to €35,000 and decreases gradually to 5% for companies with taxable income over €5 million. In addition, Malta provides a reduced tax rate of 0% for certain types of income, such as royalties and dividends received from foreign subsidiaries, to gaming companies.

While gambling is not tax-free in Malta, the country’s tax system for gaming companies is advantageous in comparison to many other jurisdictions, making Malta an attractive destination for gaming companies. Malta has established itself as a leading jurisdiction for gaming operations thanks to its tax system, efficient licensing procedure, and favorable regulatory environment.