In the years since, Malta has emerged as the undisputed capital of Europe’s €24. Recently it has also grown in the areas of secondary. 1. Share Capital requirements subject to the class of gaming license applied for. This anticipated regulatory shift, labeled “unavoidable” by Finance Minister Javier Silvania, resembles Malta’s gaming license model after our analysis. L. The Malta Gaming Authority (MGA) is a governmental organization that is responsible for issuing gambling licenses to online companies that meet its strict standards. Online gambling is a huge part of Malta’s economy, and online gambling contributes a huge 12 per cent of the country’s GDP. Governing body. There should also be a paid-up capital of 40 or 100 thousand euros depending on the license class to ensure the solvency of the enterprise and the security of player winnings and deposits. Malta was the first European country to regulate online gambling in 2000 and today, it issues several license types for Lotteries, Sports Betting, Online Poker, and Remote Gambling. [1] EveryMatrix supplies online gambling platforms, products, and software to online casinos, sportsbook operators, and state-owned or private lotteries. To obtain a Malta gaming license, an operator must meet strict requirements in terms of financial. To do that, you need to submit an application in English, the copies of your company’s beneficial owners’ personal documents, a brief description of your professional background, criminal record. Malta issues gambling B2C and B2B licenses for online games of chance and casinos of four classes: Class 1 – for casinos with forecasted outcomes and lotteries. R. Highly experienced in launching gambling projects, Roman supports a wide range of international projects. King Billy Casino. 5 percent (the tax rate drops the more that the online gambling business earns) Deposit: None. L. The process of applying for a Malta online gambling license is considerably more complex. Operators looking to obtain an online gaming licence in Malta are required to undergo a rigorous application process in the course of which applicants are required to submit detailed information and documentation relating to their proposed operations for review and scrutiny by the Malta. Nonetheless, to obtain a licence, the. You must declare which types of games the license is issued for your company registered in Malta. Compared to Curaçao, the Malta gambling license is more expensive, and usually chosen by more established operators looking to break into the prosperous European market. 3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. However, most operators go for it because. The minimum authorized capital is 40,000 euros. Aldernay — Flat fee that depends on the size of th business and don’t charge gambling tax on revenues — $75k annually. Comparatively speaking to Curacao, Malta and the UK typically have greater license acquisition expenses. Gaming as a Priority Economy Sector 2. Application by license holder for approval of procurement of financial interest; Operators accustomed to coughing up the high licensing fees in the European market — for example, €25,000 for a single license from the Malta Gaming Authority — could find the licensing fees in South Africa to be a little more inviting. In particular, the Application Fee in Malta is €2,330 and the Licence Fee equals €8,500. 6. com. 2023. Malta is a member of the European Union with the lowest corporate tax across all EU states. Contracts with payment provider; Contracts with game provider;The steps for a successful start-up gaming company include: Application for an iGaming license to be issued by The Malta Gaming Authority. 7% in H1 2022. Bookmakers must pay 0. Of course, each operator has to have a suitable license of the right class. The local gambling license cost is £5,000 (€5,600). Gambling License Malta- Remote Gaming in Malta. Only the Curacao license stands above when it comes to prestige and fame. Malta Gaming License and Reports. 00%. +995706070360. Class 3: P2P, Betting Exchanges, Skins, Tournaments and Bingo – 11%. 3 billion USD) in revenue—more than a double of what it did during 2017’s entire year-long period. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. Gambling Commission & License. Class 2 – a remote betting licence for sports (fixed-odds) betting. Class 2 – Games the outcome of which is not determined by a random number, but an independent event. The Malta Gambling Authority ensures that the gaming sector has a positive impact on development in Malta, and advocates of responsible, and legit gambling. Buy Malta Gaming Licence Malta Betting License for sale Malta Poker License Get a consultation ⏩ Call ☎️ +1 (888)-647-05-40 e-mail: office@eternitylaw. The gambling tax here is only 0. B2B license owners have to pay Euro 120,000 annually as a license fee. These include blackjack, poker, and baccarat games. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. A gambling license is a permit that allows you to operate a legal gambling and betting business in the jurisdiction it has been issued in. Malta Gaming License Cost. Information for existing or prospective gambling businesses including what types of licence you may need, how much they cost and the licence conditions and codes of practice that apply to your licence. About Malta. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. Affinity is a leading Corporate and Trust Service Provider with offices in the Isle of Man and Malta. An iGaming licence may be provided for any one or all of the. In the case of a gaming service licence, i. As a Malta Gaming License is recognised internationally, there are no barriers to entry in setting up remote gaming in markets that do not prohibit online gambling. . Malta. If the applicants’ intention is to handle cash related to gambling, this is what they need to obtain. Legal gambling in Malta requires that players are 18 years old. Malta Gambling License gives many excellent opportunities to each licensee and makes their business profitable. According to reports, in December 2022 the operator entered insolvency and almost all of its staff was laid off. Player Safety - casinos with an online gambling license in Malta offer some kind of player protection whereas the Curacao gaming license is there as a place holder and nothing more. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. License type 1 allows you to offer casino games, online lotteries and virtual sports betting. In the years since, Malta has emerged as the undisputed capital of Europe’s €24. 438. Therefore, a gaming license in Malta is a good choice for businessmen who have experience in the gambling industry and obtained licenses in other jurisdictions before. A license fee is €25,000; a request for application processing costs €2,300. Receiving an MGA permit is not an easy task, and in order to get a license, an applicant has to pass audits with strict Malta Gaming license. They can also use the Maltese gambling license as a marketing tool to boost their casino’s image and status. Classes of Licences. To obtain a gambling permission in Malta, you should pay several taxes and obligatory payments. Betsson AB. The required share capital is 100,000 euros. 06),. Betway. Those who want to receive a Malta gambling license also have to cope with this organisation, which is one of the most experienced in the world. The Malta gambling license will serve as a high-quality mark, so you’ll immediately gain trust of the players and be treated as an undoubtedly reputable gambling organization. The SBSB company suggests considering. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. B2C Fixed Annual Licence Fee. For any online iGaming business, obtaining a reputable gaming license is a top priority. [1] [3] [4]The company also has a gaming license in Malta. Step 3 – Application process Malta gaming license cost Frequently asked questions. L. Among other applicable obligations in this domain, such B2C licensees must undertake customer due diligence measures when. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021. Acquiring a Gaming License in Malta . Advantages of the online gambling license in Curacao: Offer every type of online gaming product with just one license; -> online casinos, sports betting, lotto, poker, bingo, and more. Non-refundable Fixed Annual Licence Fee. EveryMatrix Ltd is a B2B iGaming software provider company founded in 2008 with its headquarters in Malta. The MGA, being the supervisory and regulatory authority for "gaming" in Malta, is entrusted with and required to monitor the. Thanks to the latest approval from the MGA, Octoplay can now provide its leading services and. 1. Getting a gaming licence in Malta takes three to four months, and one needs to pay a pretty tidy sum, especially if one wants to get a Class I licence. E-mail: registrator@spelinspektionen. The license cost is high compared to some other jurisdictions and the process is complex. Overall Far East reported a 3 percent decline in revenue for the interim period ending Sept. The Malta Gambling Authority (MGA) license is one of the world’s most prestigious, and enjoys recognition throughout Europe. This came in to force under the Gambling Act of 2005 and stipulates that anyone wishing to commercially advertise to or transact with customers for the purposes of gambling must carry a licence. 583 of the Laws of Malta) and other applicable regulatory instruments (hereinafter referred to as the ‘Regulations’). Bonus and Promo Offers 🎁. Their comprehensive laws, directives, and licensing norms ensure that all and even the new MGA casinos under them protect the interests of players. However, this does not mean players should write off the operations that are licensed by the commission. Malta. Nonetheless, to obtain a licence, the. The cost of a Latvian gambling license is quite high. MGA/CRP/137/2007 • Ezugi Ro S. Class 2 – fixed-odds games, betting, and cybersport betting. In 2001, the government established the Malta Gaming Authority (formerly known as the Lotteries and Gaming Authority (LGA)) to control all gambling activities, including remote gambling, lotteries, sports betting, etc. You must declare which types of games the license is issued for your company registered in Malta. mga@mga. Malta is not an offshore zone. For example, you’re required to regularly provide detailed. It regulates most forms of gambling in its territory, including both land-based ( casino, amusement and slot machines, betting offices, fantasy sports, and lotteries) and online gambling services including B2C and B2B. For instance, tax on betting activity is 0. 12) (the “Regulations”), as issued under the Gaming Act, Chapter 583 of the Laws of Malta. LeoVegas Gaming Ltd. For instance, Type One covers games of chance played against the house and whose results are generated by Random Number Generators. Malta betting license. MGA License for Casinos Conclusion. To obtain license, you need to: submit application, pass the verification of the LGA. Highly valued by banks, software providers, users gambling industry. Type 2 – Minimum €100,000. Malta launched its iGaming license in 2002, and since then, it has grown to become one of the world’s leading iGaming jurisdictions, home to some of the biggest names in the business. 000. This one works for operators who manage game elements that control regulatory records. Vast opportunities in the spheres of banking, payment systems, and processing. Visiting address: Finningevägen 54 B. The Subsidiary Legislation addresses various aspects of gaming operations, such as the protection of. They can be assured of a safe, secure, and enjoyable gambling. In March 2018, Italian newspapers and websites published details on anti-mafia probes that revealed the involvement of at least five Italy-based companies in. Malta Gaming Authority — The Malta Gaming Authority provides B2B and B2C licenses and requires operators to adhere to stringent guidelines, including regular financial disclosures and robust player data protection. Malta. To be able to obtain and hold a gambling licence in Malta, the gambling companies must be established in the EEA which means that they have to. Additionally, B2B gambling license holders must pay £100,000 as an annual license fee, regardless of their income. – The cost of building a full-fledged structure and obtaining a casino license in Malta starts on average from 80,000 Euros with a minimum monthly cost of 7,000 Euros. The Curacao license is a perfect balance between the cost and quality. The MGA was established in 2001 and has. The Malta gaming license is suitable for startups with capital, or operators established in other jurisdictions looking for an additional gambling license. In Malta, there’s a special agency called the Gaming Authority that takes care of all the gambling licenses which was established in 1968. After obtaining a permit, operators are required to pay £35,000 (€39,000) every year. F: +356 2557 2558. In the middle of 2003 the Maltese government amended its legislation with regard to online betting and games of chance to the effect that from then on it became possible to obtain a licence to open an online betting office or casino. Including the cancelation of BetDino’s license, the MGA has revoked three gambling licenses so far this year. These encompass: Class 1 License: Encompassing games of chance such as casino games and lotteries where operators shoulder the responsibility of managing the risk. Malta: number of gambling licenses 2016-2021, by type. Malta Gaming Authority (Malta) imposes following a set of strict regulations, guidelines, and legislations that allow promoting online sportsbooks or casinos in the EU. The payments range from a few thousand euros for a modest B2B license to several hundred thousand euros for a comprehensive B2C license. Malta issues B2C licenses of the four following types: Class 1 – casino games and lotteries with guaranteed prizes. Universal Approach to the Legalisation of Gambling Projects 3. Malta is home to some of the world’s leading gambling platforms that have decades of experience. Affinity Management Services. — In Malta and the Isle of Man compliance requirements are more strict. However, this does not mean that Malta restricts B2B license holders exclusively to Malta territory. The Malta Gaming Authority (MGA) has made changes to the Gaming Authorisations and Compliance Directive, further streamlining the requirements for online gambling operators in the country. In the application stage the MGA. Retail License. Malta is a prominent European region’s gambling jurisdiction and it is quite popular among Europ based online gaming industry. The annual license fee for this same remote casino license is also based on annual gross gambling yield and ranges from £2,709 to £512,083 “plus £125,000 for each complete additional £500 million. Tipster Limited held MGA licenses MGA/B2C/191/2010 and MGA/B2B/694/2019. Online gambling firm 888 Holdings has added a sports betting platform to its portfolio for the sum of £15m ($19. Operators with a cross-licensing agreement with the British government can apply for a permit in the UK. Benefits of the Malta Gaming License. Class 2 – Games the outcome of which is not determined by a random number, but an independent event. Due to its EU member status and low tax rates, betting companies flocked to put servers on the island and host online. Make sure local zoning laws allow for a casino in the area, and that you have enough space to construct the building and parking lot. 2. €5,600). 4 The provision of online lotteries is also allowed under Maltese law, and in this respect a remote gaming licence would need to be obtained. se. In terms of the licences available in Malta, a gaming licence is available from the Malta Gaming Authority (MGA) for business-to-consumer (B2C) gaming operators; while a separate licence is available for business-to-business (B2B) (critical) gaming suppliers such as games resellers, aggregators and games suppliers. Published by Statista Research Department , Sep 7, 2023. A B2C licence can be obtained in relation to one or more game types as follows:Malta has a reasonable personal and corporate tax rate — the lowest in the entire European Union. King Billy, known as the most award-winning online casino is another great place to gamble and be sure to get your winnings. Malta is one of the largest and most respected regulated gambling markets in the world. There is a chance that BetMGM Poke Ontario and partypoker Ontario will form a network and share a player pool — much like it does in New Jersey with Borgata. Licenses; Licence Number Licence Type Class Type. How does the Curacao gaming license compare to Malta? The Mediterranean island nation of Malta is another very popular jurisdiction for online casino businesses interested in getting a license. This island hosts one of the most popular gaming events in the world, the Summit of iGaming (SiGMA). Some jurisdictions, such as Curacao, offer relatively low-cost licensing options for online casinos, while others, such as the United Kingdom and Malta, have more expensive licensing regimes. These fees are determined by the operator’s annual income and license category. There is a growing. Choose the location for your casino. Gambling Taxation. 5 billion ($27. L. Getting a gaming licence in Malta takes three to four months, and one needs to pay a pretty tidy sum, especially if one wants to get a Class I licence. The Malta Gaming Authority (MGA) was formed in 2001 after the government passed the Lotteries and Other Games Act. For over 20 years, the MGA has been regulating. 5 per cent on the gross amount of all accepted bets and 0. 583. Malta Gaming Authority is a widely acclaimed and well-known online casino license provider that opens the doors of the EU for iGaming operators, enabling them to smoothly run and operate their businesses inside the union’s member countries. Getting a gambling license in Malta requires operators to undergo a rigorous application process with the Malta Gaming Authority. 05 - Gaming Authorisations Regulations. It has been conducting its responsibilities properly setting high requirements for casinos applying for its license. licensed and regulated in the European Union by the Malta Gaming Authority: License number. Malta is the first member of the European Union for regulating online gambling. The cheapest options are $15,000 to $20,000, while the more respected licenses cost at least $40,000. In Autumn, the island is a hot spot for tourist as there is no sultry heat with a water temperature that is comfortable for swimming. The cost of a Malta gaming license varies by category. 75%. In Malta, the iGaming companies setting up their operations are subject to a number of administrative fees, payable to the MGA. A Maltese online gambling license is by far the most common for operators looking to offer their services across Europe and beyond. Isle of Man. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. Malta became the first EU member state to fully embrace online gambling by passing the Remote Gaming Regulations in 2004, and the Lotteries and Gaming. As of March 2021, the legislative framework governing gaming in Malta consists of the Gaming Act, Chapter. All operations and gaming servers must be within Malta. Malta Online Casinos: How to get an Online Gambling License in Malta? Read along with us as we explain the process!With a booming economy and growing loyalty to betting, gambling licenses in Africa give many promising opportunities for investors. Maltese citizens were estimated to have spent around €125 million in gaming services during 2015, which is around 2. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). Malta issues B2C licenses of the following four types: Class 1 – Games whose outcome is determined by a random number generator: casino,roulette. Company Registration and Corporate Requirements. The regulatory framework applicable to both online and land-based gaming in Malta is consolidated into the Gaming Act (Chapter 583 of the Laws of Malta – "the Gaming Act"), and Subsidiary Legislation 583. They offer operators four different gambling licenses. Licensee Hub Applications Compliance Enforcement Register Licensee Register Recognition. 583. The Malta Gambling Authority (MGA) license is one of the world’s most prestigious, and enjoys recognition throughout Europe. Class 4 gaming license: for companies that host and manage remote gaming operations but are not themselves operators. The UK Gambling Commission (UKGC) accepts license applications for both offline and virtual casinos. e. Also, you can buy a company in Malta with a gambling license. Malta Gambling License 2022. Malta: number of gambling licenses 2016-2021, by type. Over the past 20+ years, Malta has established itself as the pre-eminent European jurisdiction for remote gaming and gambling. 2023. PressEnter is operating its brands through BP Group Limited which is a company registered in Malta with company number C-52434, licensed and regulated in the European Union by the Malta Gaming Authority: License number MGA/B2C/203/2011. Application for a Licence and Licence Restrictions 3. The Malta Gaming Licence Application process is a lengthy one. Type 2: €100,000 - Encompasses fixed odds betting. 05 of the Laws of Malta) empowers the MGA to request any person wanting to obtain a gaming licence to operate or promote or sell or abet gaming in and from Malta to fill in this form. Operators with a cross-licensing agreement with the British government can apply for a permit in the UK. It requires to pay a tax of Euro 4650 regularly for the next 6 months. B2C License (gaming-service license) Only a few years before Malta joined the EU in 2004, the Malta Gaming Authority (MGA) had already started to regulate internet gambling. The content of this article is intended to provide a general guide to the subject matter. A Class 3 Remote Gaming Licence, which is a licence to promote and, or abet remote gaming from Malta, examples of which would include poker networks, peer-to-peer ("P2P") gaming and game portals; and;. This includes oversight of the licensing process, and they are responsible for making sure that only operators that follow good business. Malta Gaming Authority online gambling license facts: Date started issuing licenses: 2004. Obtaining a license for gambling in Malta. There are various Gaming license types in Malta and one can choose to either apply for a B2C license or a B2B license. Malta’s primary source of gambling regulation was founded in 2001 as the Lotteries and Gaming Authority (LGA) but changed its name to. In all, licenses are issued for four categories of gambling services in Malta – the licenses of 4 types with different gambling license cost, namely: Type 1 – of chance against an establishment, the result of which is determined by chance: roulette, blackjack, baccarat, lotteries, secondary lotteries and virtual sport games;In connection with the recent reform in Malta, two types of licenses were allocated - B2C is intended for organizers of online or land-based casinos, bets, and other games, and B2B is intended for licensing software used by B2C license holders. The Malta Gaming Authority (MGA) is the regulatory body responsible for the licensing and supervision of all forms of gaming in Malta, including both online and land-based casinos. Benefits of a Maltese gambling license include operating in an EU jurisdiction, favourable tax benefits (as low as 5% through the full imputation system), ease of doing business with banks and payment providers, and, of course, the prestige that comes with the Malta Gaming Authority approval. It regulates most forms of gambling in its territory, including both land-based (casinos, amusement and slot machines, betting offices, fantasy sports, and lotteries) and online. 2018. Fundraising, raffles and lotteries. Malta. L. It is safe to say that a MGA license. T: +356 2557 2557. Under the Malta law, holders of gambling licenses are permitted to offer both online and land-based gambling, such as. EveryMatrix. Having a licence issued from the Malta Gaming Authority (MGA) makes it infinitely easier for a gambling-related business to partner with third-party services, deal with. A gambling license is crucial for businesses wishing to operate in the gambling sphere. A Malta iGaming business to consumer License may be used in all countries that don't have any local prohibition on gaming or where a local license is available. 01 to 583. In addition to the Compliance Contribution, Gaming Tax is also due in terms of the Gaming Tax Regulations at the rate of 5%. Malta Gaming License is one of the most popular gaming licenses in the gambling world. In. org. newly issued licence. , N 45, area N 7. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. A huge 10% of the world’s online gaming companies are registered in Malta, and so a significant portion of global revenue is handled by businesses there. Any questions regarding any of these actions are to be submitted to. The Cost of Malta Gaming License. 4 types of gambling license in Malta. 1. Julians, Malta, is an easy 20-minute drive or a 45-minute bus ride from the international airport. This includes reporting, audits, and renewals as required. All brands of web-based gaming, including web casinos, casino-type games, betting exchanges and lotteries, can be carried out from Malta. Stage №1. L. The remote gaming sector is the most dynamic and the fastest growing gaming sector in Malta, which is regulated under the provisions of the Remote Gaming Regulations. . Valletta is a capital of. Malta Gaming Authority issues four licenses, and it is in charge of controlling the fairness of a wide portfolio of online casinos that operate worldwide but are established in Malta. Those expenses cover all types of iGaming and allow partnerships with sub-license owners. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021. Despite stringent requirements, Gibraltar is an attractive jurisdiction in terms of gambling taxation. License validity period: 10 years. is a subsidiary of MGM resorts international. Malta issues B2C licenses of the following four types: Class 1 – Games whose outcome is determined by a random number generator: casino,roulette. za . Malta gambling license application information If you are considering applying for a gaming license in Malta, the following statistics give an insight into the costs, time and processes involved: Application fees vary depending on the license type and size of business, but usually start at €25,000, rising to around €500,000 for large. How much is an online gaming license in Malta? Before submitting an application for the Malta license, operators are obliged to pay €5,000. Malta Gaming Authority is one of the main licensing bodies for online casinos. An Anjouan Gaming License offers 0% GGR tax and 0% VAT on gambling businesses. Class 2: Sports betting – 37%. One of the cheapest online gambling licenses is in Curacao, amounting to only $21,000 to $26,000. The required authorized capital is 100,000 EUR. The Malta Gaming Authority is an online casinos regulator that has been on the market from 2001. If you seek the Malta Gaming Authority licence, this article will help inform you about the types of licences it issues, requirements, fees, the application process and benefits. The Malta Gaming Authority (MGA) may issue licences of the following categories: Gaming Service licence: a business to consumer licence to offer or carry out a gaming service. Malta Witnesses 75% Drop in New Gaming Licenses Amidst Greylisting Concerns. In order to work legally, you need to get a license. Classes of Licences. Machine gaming is also subject to the Interstate Treaty and the respective state laws. which grants power to the Malta Gaming Authority to issue licenses for both land-based and remote gambling activities. Malta administrative divisions map. 2. The Malta Gambling Authority ensures that the gaming sector has a positive impact on development in Malta, and advocates of responsible, and legit gambling. It takes around 4-6 weeks to obtain it, it is economical, and you can operate any gambling business under one license. Published by Statista Research Department , Sep 7, 2023. However, most operators go for it because. The following. Class 2 – a remote betting licence for sports (fixed-odds) betting. At this stage, the MGA carries out an in-depth procedure with the aim to decide whether the applicant will be granted a license. The Malta Gaming Authority (MGA) is the regulatory body responsible for the licensing and supervision of all forms of gaming in Malta, including both online and land-based casinos. Since March 2020, the Curaçao Gaming Control Board (GCB) has been tasked with the licensing for and supervision of the online gaming sector on behalf of the Minister of Finance. Types of gambling licenses: Class 01 – Online gambling. Malta's hospitable government, thriving technology sector, and business-friendly environment have made it an attractive destination for online gambling operators and service providers. Any changes made or other intended divergences from the original remote gaming license application must be submitted to the. Szilaghi Consulting offers expert assistance in obtaining gambling licenses in various jurisdictions including Anjouan, Antigua and Barbuda, Bulgaria. Taxes: From 0. Malta Gaming Authority. with the authors. 73/2014, of 2 September, as amended by Law no. Malta is one of the most desirable and profitable online gambling jurisdictions in Europe. Home; Malta Gaming License; Malta Gaming License. Malta Online Gaming Licence Application. Tax: 5% tax on revenue from Maltese players. 583. The Benefits of Obtaining a Malta Gaming License. SBSB has been providing various gambling services for over 6 years. Apart from the annual licence fee, the Malta Gaming Authority imposes a compliance contribution fee which is paid based on the licence which the operator holds. Regulator – Malta Gaming Authority. Even during the COVID-19 pandemic between 2020-2021, the gaming sector contributed 12% to the GDP. License Renewal application fee of 5,000 Euro. To run a successful online betting site with a betting license from the Malta Gambling Authority, you need to obtain the so-called B2C license. 583. Holding an EU gaming license in Malta, NeoGames has been offering flexible solutions ranging from fully managed operations to customized integration of its scratch card offerings. Obtaining a license in the UK is very expensive — the cost of it starts at about £25,000. If you have problems with gambling addiction, PLEASE contact here - Ncpgambling. The permit renewal fee in the country is also €5,000. And finally, the minimum issued and paid-up capital in Malta is from 40,000 to 100,000 euros. 30th to $3 billion. To obtain the right to operate gambling activities, the company must meet the following conditions: Officially register a company in the territory of the state in the form of an LLC.