Businessmen interested in the gaming sector in Malta can ask for the support of our company formation agents in Malta who can manage the registration formalities of a company. We mention that the Lotteries and Gaming Authority (LGA) is the main regulatory body for gaming in Malta, and in this article you can find useful information about this sector and the way you can do business of such kind.
If gaming in Malta is the business sector that interests you in developing your portfolio, you must have an idea about registering a company in this country. Whether it is about classic gaming, which was also mentioned above in this article, or about Maltese iGaming, the following formalities must be fulfilled:
If you are interested in how gaming companies can be established in Malta, we recommend the help offered by our company formation agents. They can also deal with the establishment of companies in the iGaming sector in Malta.
The licenses for gaming in Malta are delimited into four classes, as follows:
All types of licenses have five years validity and it can be renewed for the same amount of time and a requirement for obtaining such a license is for the gaming operation to have a physical location in Malta.
The gaming industry in Malta is divided into sectors as it follows:
Information about gaming in Malta and about how to open a company in this sector can be obtained from our local agents. They have experience in this field and can help entrepreneurs enter the market with such activities. Moreover, if you are interested in iGaming in Malta, feel free to discuss with our specialists.
One of the most thriving sectors in the Maltese gaming industry is remote gaming. The LGA has provisioned remote gaming through the Remote Gaming Regulations (L.N. 176/04), thus making Malta the first country in the EU to have remote gambling legislation.
The LGA regulations refer to any type of gaming, such as casino, bingo, sports betting, remote gaming and lotteries. The Maltese LGA’s goal is to be neutral and consider any type of gaming for licensing if it can be monitored.
The license will be granted if some requirements are met, but after receiving the license, the LGA can modify or impose new terms and conditions. These conditions refer mainly to the protection of the players, the prevention of money laundering and the appropriate functioning of games. iGaming in Malta might be of interested for your future business in this country, therefore, we suggest you get in touch with our local specialists for support.
Maltese iGaming is a sector of maximum interest for those who want to generate consistent profits and successfully expand their portfolio in this field. Below we present some interesting aspects of Maltese iGaming:
Therefore, gaming and iGaming in Malta are sectors of maximum interest, generating consistent incomes, both for foreign investors and for local ones.
If you want to open a gaming business in Malta, we recommend you contact our company formation agents in Malta for specialized help. We can take care of a series of formalities like as the ones related to registration with the relevant authorities, applying for the necessary license, opening a bank account, and registering tax payments. We have the necessary experience in the field to offer our clients the required support and solutions for opening gaming companies in Malta.
If you want to set up a business or you are interested in gaming in Malta, you can contact our company formation agents in Malta.