Gaming and Betting Law

Since Malta took the plunge and introduced its Remote Gaming Regulations (L.N. 176 of 2004), the local iGaming industry in Malta has flourished rapidly and shows no signs of backing down. Malta is considered a stable, one-stop-shop jurisdiction for remote gaming operators due to its advantageous regulatory and fiscal framework. The principal legal regime is provided by the Gaming Act (Chapter 583 of the Laws of Malta) and all regulations made thereunder. The main Act also establishes the Malta Gaming Authority (MGA) as the principal regulator of the sector in Malta. The MGA is empowered to issue Directives and other binding and non-binding instruments containing detailed processes and requirements for the purpose of ensuring that the law responds to technological advancements in a timely manner.

The Malta gaming license enjoys such an impeccable and sound reputation, it is efficient, and is subject to rigorous regulatory standards, thus protecting the interests of both operators and players alike. It comes as no surprise that operators holding such license are taken seriously and trusted blindly by players, placing them a cut above competitors in other jurisdictions. The gaming licensing regime is established by the Gaming Authorisations Regulations. 

The two main categories of licenses are:

a) Gaming service licence - this type of license authorises a business to offer or carry out a gaming service to a consumer. (B2C)

b) Critical gaming supply license – this type of license authorises a business to provide or carry out a critical gaming supply to another business. (B2B)

Lexvirtualis™ can assist you with the following services:

• Choice of most favourable jurisdiction for incorporating a gaming company from a regulatory framework and fiscal perspective.

• Advice on igaming laws in other jurisdictions

• Incorporation of the company and setting up of operations

• Obtaining a gaming license: assistance and advice throughout all stages of the license application (eg. fit and proper test, financial and business evaluation, operational and statutory requirements, system review and compliance audit, etc…)

• Advice on gaming tax

• Compliance (Eg. GDPR and AML) and regulatory obligations

• Intellectual property

• Disputes – ADR and Litigation