Before we
know it, Malta will become the number one
jurisdiction for online betting and gaming
world-wide. Malta offers exciting opportunities
for new market entrants, with a well-regulated and beneficial tax
environment.
Overview
of Malta's package
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Licences
for casino-type games, betting, betting exchanges, gaming platforms,
online casino, casino-style games and lotteries
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Competitive licence fees and attractive corporate tax regime
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Economic
and political stability, membership in EU
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Serious,
credible, industry-specific regulation, ensuring players' trust in an
operator licensed in Malta and reducing operators' exposure to fraud and
money-laundering risks
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High
levels of professional services and reasonable professional fees and
other costs
The 2004
Remote Gaming Regulations
In April 2004, the new Remote
Gaming Regulations entered into force. If under the previous regulations,
only online betting companies could be established, the new Regulations
provide for a comprehensive list of licences for remote gaming that may be
obtained in Malta. One can opt for a betting operation, a betting
exchange, an online casino, casino-type games, a lottery, a bingo - a
licence can be obtained for any of these operations. Moreover, licences
for gaming platforms are also available. There are no limitations on a
number of licences under the Remote Gaming Regulations.
The Regulations are already
proving to be popular. In the past few months we have seen a keen interest
from the interactive gaming industry in the Maltese gaming licences. The
last few months have been especially popular with operators of casino-type
games, as a licence to operate casinos is a new addition to the Malta
licensing offer.
Malta's entry into the
European Union has also played a very important in attracting remote
gaming operators to Malta. In a difficult current situation for online
gaming providers to the European market, when some countries heavily
restrict or prohibit altogether the provision of remote gaming from
abroad, being established in Malta for an operator means that the freedoms
in the EU internal market, in particular, the freedom to provide
cross-border services within the EU, apply to such operator.
Types of Licences
Class 1 – Online Gaming
License;
Class 2 – Online betting
office license or an online betting exchange office license;
Class 3 – License to
promote and abet gaming from Malta (includes betting exchanges & poker
operations)
Class 4 – License to host
and manage online gaming operators, excluding the licensee himself.
Our services
We offer a comprehensive service -
assisting and leading you through the whole process. Together with our
partners, who are leading in this sector of activity, we can offer
accounting, technical, hosting, legal, corporate, administrative and
fiscal services.
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Full
Licensing and regulatory advice and assistance
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Gaming Law Advice
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Company formation, registration
and back-office support
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Technical advice and assistance, hosting services, maintenance services,
bandwidth provision
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ePayment and eCommerce solutions
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Accounting and auditing services
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Fiscal advice and assistance
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Administrative and Back-office services
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Advice and assistance in obtaining work permits in Malta
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Compliance monitoring and assistance
Malta - EU
Gaming Relations
Malta is in line with EU Directives related to
gaming operations in Europe and to the freedom of establishment and
the provision of cross-border services.
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