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Gambling License Malta |
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Gambling License Malta
Gambling
License Malta- Remote Gaming in Malta
Over the past years Malta has successfully
established itself as a leading, serious and well-regulated European
remote gaming jurisdiction and is estimated to host around 10% of
the world’s on line gaming companies. The Government of Malta had
carried out a complete revision and consolidation of the gaming
legislation, and a new all-encompassing gaming law was enacted by
the Maltese Parliament in virtue of which the Malta Lotteries and
Gaming Authority (LGA) has been set up.
Gibraltar, Alderney and the Isle of man are other popular
jurisdictions in Europe for licensing of remote gaming operations,
however, Malta is the only jurisdiction that is an EU member state
and thus the only country that in essence offers the possibility of
“free movement of goods and services” within the huge EU market. In
fact, according to May 2008 information prepared by the Lotteries
and Gaming Authority around 95% of remote gaming operators come from
Europe.
CSB Group offers a “one-stop-shop” service to Online Gaming
Operators by assisting Clients in setting up / re-locating their
Gaming Operation to Malta. CSB Group has been involved in the
iGaming Industry since its inception in Malta, since 2000. CSB Group
assists clients in submitting and pursuing a Gaming License
application to the Malta LGA. Prior to submitting a Gaming License
Application we will review the application and make sure all the
required paperwork is in order. We will liaise with the LGA and keep
our client updated of the progress of their application. We realise
that clients have individual requirements and it is our policy to
provide a service that is tailor made to each Client, both initially
and on an ongoing basis year after year.
Learn more about remote gaming in Malta:
E-Commerce
Solutions
Cost
Stage 1:
Gaming License:
Including authorization process, proof of basic legal principles by an
accredited Maltese law firm that is specialized in gambling, adoption of
application forms and filing according to Maltese laws, first
governmental fee for application process:
10,500.00 Euro
Stage 2:
Company formation
Set-up of a gambling company according to Maltese regulations,
registration: 9,000.00 Euro
Stage 3:
Certification
Adoption of application forms by means of feedback from the Maltese
Gambling authorities is done on the basis of hourly legal fees of German
and Maltese lawyers of 190.00 Euro an hour. On the
strength of past experiences, 20 to 40 hours have to be calculated. A
minimum of 3,800.00 Euro has to be
considered as fees.
Stage 4
Formation of a Maltese Holding
Set-up of
the holding and registration: 9,600.00 Euro
Additional services
Down to
earth we estimate 37,950.00 Euro fort he first year,
plus fees for UK and Maltese lawyers (Stage 3)
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