Malta is an iGaming hub. The Remote Gaming Regulationtook the country to the top as the first in the European Union to regulate remote gaming. In 2018, the legislative framework overhaul brought a comprehensive set of regulations to safeguard the public interest, generate jobs, attract foreign investment, prevent money laundering. All this without any compromise on the country’s GDP.
Under the new Gaming Act, licensees are required to identify individuals for key functions within the operation. Such functions include the CEO, CFO, CTO, and CMO. Other functions, such as Data Protection Officer, Money Laundering Reporting Officer, Internal Auditor, and Legal, may be outsourced. Only natural persons should provide key functions.
Obtain a license from the Malta Gaming Authority through a due diligence exercise on all key persons, directors, and beneficial owners of the prospective licensee. Prepare policies and procedures to ensure that you have the operational and statutory requirements to meet the obligations. Your business plan has to have a detailed operation forecast, including marketing and distribution strategies, HR plan and growth targets. We can guide you through the application process and preliminarily advisory services to identify the type of license that would fit your business model.
Licensees are required to go through a System Audit before they go live and additional System Audits and Compliance Audits at the request of the MGA. As part of our advisory team, we have MGA-approved auditors, providing you with Pre-Systems Audit and Pre-Compliance audits. Win in Malta’s iGaming industry It will not be a test of luck. Our team of experts can help you build your iGaming business in Malta.
Integritas Trustees Ltd (C 22574) is authorised under the Trusts & Trustees Act by the MFSA. Integritas Consulting Ltd (C 52711) and Integritas Corporate-Services Ltd (C 52395) are registered to act as Company Services Providers by the MFSA. Agenzija Integritas Endevio Ltd is authorised to act as an Accredited Agent by Agenzija Komunita Malta through licence number AKM-AGEN-21.