Malta Gaming Authority Licensed Casinos

Malta Gaming Authority

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Considering that the majority of gamblers prefer to use online casinos nowadays, this industry has become incredibly promising for various fraudulent schemes. Unfair operators attract hundreds of thousands of players from all over the world to unlicensed gambling sites and provide them with a terrible experience, damaging the reputation of the entire business. The main preventive tool against this harmful trend is regulatory jurisdictions that standardize online casinos’ activities and force them to treat players with respect and fairness.

The Malta Gaming Authority (MGA) is one of the most recognizable regulatory bodies, and we will look at this organization’s features in our brief overview. Keep reading, and you will find out what possibilities and benefits this jurisdiction’s license offers both gambling establishments and passionate gamblers.

Malta Gaming Authority Brief Historical Background

This organization stepped into the gaming industry in 2001 to make the gambling business more transparent and safer for the players. The jurisdiction, which was named Lotteries and Gaming Authority initially, specializes in most gambling formats and serves both the online platforms and the land-based sector.

In addition to certifying gaming content through independent testing laboratories, the Malta Gaming Authority also monitors all of its licensees to protect players from potential violations of established standards. Given the fact that the MGA has been operating on the market for over 20 years, its activities contributed to the rise of the Maltese gambling sector, which plays a vital role in the country’s overall economy.

What Functions Does the Malta Gaming Authority Have?

The regulator focuses on several key aspects to affect the industry positively. Take a look at these central functions below:

The Malta Gaming Authority is a protective barrier between players and unfair gambling operators. Suppose you believe that some licensed online casino treats you disrespectfully or refuses to fulfill its obligations for cash withdrawals, bonus promotions, etc. In that case, you can report this to the monitoring jurisdiction.
It is providing and regulating casino licenses to operators. The MGA’s license allows online casinos to improve their reputation and forces them to comply with a number of strict rules concerning the interaction with players. Since this jurisdiction is one of the industrial pioneers, gamblers around the globe perceive its license as one of the most reliable in the world.
The organization makes sure that gambling operators make all players’ payments safe from potential data leaks and hacker attacks. Besides that, the MGA also reviews that the online casinos always have reserve funds to pay out absolutely all legitimate winnings to gamblers.
The regulator is also responsible for the RNG results of all games provided by casino operators. The organization always checks the game content’s integrity through independent testing laboratories to make sure that gambling establishments applying for the license do not mislead customers in terms of winning chances.
Monitoring the licensees is also one of the organization’s most crucial functions. Some online casinos tend to violate licensing standards even with severeconsequences, and the regulator does its best to find them.
The Malta Gaming Authority protects the players’ rights in conflict situations when gamblers send complaints about any MGA-licensed casinos to the jurisdiction’s official website. This approach allows the regulator to maintain its high reputation in the industry.

Although the MGA cannot return the money you lost without manipulation by the gambling operator, the jurisdiction can ensure that online casinos process all the players’ legitimate deposits and withdrawals.

In addition, the Government of Malta has passed a law recently requiring all license holders to monitor their clients’ behavioural patterns. In other words, the MGA-approved gambling establishments must analyze their gamblers’ gaming sessions and interact with them to prevent potential gambling addiction.

What Benefits Does the MGA License Guarantee Online Casinos?

While this Maltese jurisdiction heavily emphasizes the players’ gaming experience, it also benefits gambling operators. We have listed this license’s most significant positive features below.

You cannot obtain the MGA license if you do not register your company in Malta. On the one hand, it means that online operators wishing to obtain this document face additional difficulties. But on the other hand, they receive the status of an international company and can operate in any country of the European Union.
Reputational growth. Every online gambler who has not lived under a rock for the past few years knows the Malta Gaming Authority as one of the most prestigious and reliable regulators. Therefore, the gambling community perceives MGA-licensed casinos as extremely trustworthy platforms.
The license also allows gambling operators to cover more market segments since it does not limit them to a single format. It means that they can offer players land-based entertainment or online games tailored for both desktop platforms and handheld devices.
The MGA gives operators the ability to license all types of games, which is not the case for most regulatory jurisdictions. The organization provides casino operators with one of the most versatile licensing solutions covering typical casino games (slots, roulette, card games), betting on sports events, lotteries and other risky entertainment.
Maltese banks allow gambling operators to transfer money abroad without additional taxation. Instead, banking institutions provide them with tax breaks that make it much easier to run their business and grow.
Malta Gaming Authority treats local and overseas companies in the same way. In other words, if you have received the Maltese license but operate outside this state, you can still count on all the privileges and tax benefits that local companies enjoy.
Every owner of an online casino registered in Malta can obtain a residence permit in the country. This pleasant bonus is another useful privilege that relieves entrepreneurs wishing to run a gambling business directly from the island state from additional paperwork.

The MGA License’s Benefits from the Players’ Perspective

Of course, players can also count on certain benefits by playing at MGA-licensed online casinos. In addition to protecting the gamblers’ rights, this regulatory jurisdiction’s license affects the gaming experience of each player extremely positively.

One of the main factors inherent in licensed gameplay is its variability. Gambling establishments licensed by this reputable organization can interact with numerous software providers, including famous studios like Evolution Gaming or Yggdrasil. It means the casinos can provide you with a massive collection of certified gaming content. Illegal online operators do not come close to licensed platforms in this regard and rely on pirate copies of well-known projects pretty often.

Also, keep in mind that MGA-licensed casinos must follow all of their initially stated bonus offer rules. And even if some gambling operator refuses to fulfill its obligations under a certain promotional campaign, you can complain about it through the appropriate form on the jurisdiction’s official website.

Besides that, exclusive bonus promotions are another significant plus for players. Licensed gambling establishments often build their bonus events around games from a specific development company to draw more attention to these projects. This approach gives gamblers more opportunities to receive lucrative bonuses and participate in unique tournaments with huge cash prizes.

Frequently asked questions

In what year did the Malta Gaming Authority begin to regulate gambling establishments?

This regulatory jurisdiction has been operating in the gambling market since 2001.

What are the advantages of local MGA-licensed online casinos compared to overseas platforms?

The Malta Gaming Authority does not deprive licensed online operators working overseas of any tax benefits and privileges.

Does the Malta Gaming Authority provide residence permits for business owners?

Yes. If you successfully pass all licensing stages, the organization will give you a residence permit in the country.

Can the MGA return players their wagered money?

No. Although this jurisdiction accepts complaints from players regarding unprocessed deposits or withdrawals, it cannot refund money that gamblers have already lost.

What types of games an online casino with an MGA license can certify?

The license from this reputable regulatory body is a one-stop solution and allows you to certify any gambling entertainment, from video slots and table games to lotteries and sports betting.

How does Malta Gaming Authority approach responsible gambling?

The organization forces all license holders to monitor players’ gambling behaviour patterns and provide appropriate assistance to customers who begin to show basic signs of gambling addiction.

Malta Gaming Authority Licensed Casinos