Remote Gaming Regulations
are based on a simple principle: Any
concept using a means of electronic communication in which,
one or more players pay to participate to win a prize, is
licensable. The Remote Gaming Regulations categorises these
concepts under four different types of Classes of Licenses
Class 1 Remote Gaming Licence – applies for operators
who offer games which are based on repetitive events and the
gaming risk is managed by the operator. This type of license
covers casino table style games, lotteries and slots. Since
the licensee bears the full risk of the gaming activities
conducted, the winnings are therefore guaranteed by it.
Class 1 on 4 Remote Gaming License - shall be an
online gaming license for all types of games of chance and
games of skill operating on an existing Class 4 licensee.
Class 2 Remote Gaming Licence – the license covers
operators who manage risk based on a singular event using
markets. This license covers the traditional fixed odds
betting and some forms of pool betting.
Class 3 Remote Gaming Licence – this license is for
operators who organise player to player games but they do
not partake in the risk and receive only a commission. This
license is suitable for betting exchange providers, pools
and poker rooms.
Class 3 on 4 Remote Gaming Licence - shall be a
licence to promote and abet gaming from Malta. For operators
who promote or abet gaming from Malta on an existing Class 4
licensee.
Class 4 Remote Gaming Licence – this license is for
software vendors who intend to host and manage remote gaming
operators having any class of the above. They cannot partake
in the gaming risk and can only receive a commission.
Once an application is submitted and the LGA find the
application to be in order, a Malta Company is incorporated
and a temporary gaming license is issued in the name of the
Malta Company. This process should take 6 to 8 weeks. At
this stage, applicant may commence their operations and
would then have 6 months to obtain a certification of
compliance, to then be issued with the official gaming
license.
