Malta Casino Licence: Launch a Profitable Project With Smart Money
If you want to become a legal gambling market participant, it will be very important for you to obtain a special permit, develop a good reputation, and gain the confidence of customers. Malta is considered to be one of the most respected and popular jurisdictions that legalises the casino business.
To learn more about the regulation of gambling and order a legal turnkey solution, you can turn to the Smart Money studio. Our team will undertake the implementation of different kinds of projects and significantly speed up their launch.
Malta is a country that is situated on the island in the Mediterranean Sea. Previously, it was one of the Crown colonies and the first EU member to adopt legal regulations in the gambling field.
Malta casino permits were first issued back in 2000 by the Lotteries and Gaming Authority. A year later, the controlling body was restructured and named Malta Gaming Authority. The organisation exists to this very day.
For the competent authority to process an application, entrepreneurs must perform the following actions:
register a company on the country’s territory;
connect a dedicated telephone line in care of the address of the physical representative office;
provide information on the founders in English (scans of identity cards, certificates of no criminal record, CVs, and references of all interested parties);
draw up a detailed business strategy including financial plans and marketing decisions for the promotion of a brand;
provide detailed technical characteristics and certificates for the software and equipment.
The local regulator provides comprehensive support to future casino owners. Applicants must complete a procedure of a preliminary examination of the licence application in order to identify any inconsistencies. After the package of documents is checked, the Commission analyses the business plan and other information related to the financial and management departments.
After a successful passage of the verification procedure, an applicant who wants to own a Malta online casino can test his platform in a so-called natural technical environment (during the period of 60 days).
Licences of all classes are valid for 5 years.
Additional compliance tests are performed in the 1st and 3d year of operation.
To own a casino with this permit is an excellent way to become the gambling market participant and develop an unblemished reputation for your project.
Malta became one of the first European offshore jurisdictions to regulate online gambling by adopting the law on the control of the activity of remote enterprises in 2004.
This country offers legalisation of all kinds of gambling projects. Operators can open offline locations and launch gaming sites, mobile services, betting shops, sweepstakes, and lotteries.
All Maltese licensed online casinos earn international status.
You can order a casino with the Malta licence from Smart Money. We suggest that you use our consultations and services to launch a gambling startup on the most beneficial terms.
Our catalogue contains ready-made casino slots and exclusive games, the best financial services, and turnkey projects. From us, you can also purchase furniture, equipment, and programs for setting up the land-based establishment.