Malta Gaming Licence: Application Process & Support

Prior to granting a remote gaming licence, the Lotteries and Gaming Authority applies a rigorous application process which is made up of 3 (three) Stages.

Stage one – fit and proper including business plan review

The Authority examines all the information provided including the necessary application forms. The LGA will conduct a fit and proper exercise on the applicant, including the evaluation and review of all information related to persons involved in managing and financing the business; and will carry out a financial analysis of the business plan. Applicants must demonstrate a business and technical ability to carry out the operation and must also show that the operation is covered by sufficient reserves or securities to ensure player winnings and deposit returns.

Besides completing the necessary LGA application forms, the following documents in respect of each shareholder and key management personnel need to be submitted to the LGA:

• Birth certificate
• Passport copy
• Passport size photo
• A conduct certificate, or a relevant document, issued by a law enforcing authority in the country of origin of the applicant
• Credit and/or financial references including a professional recommendation
• A signed Resume / CV
• Existing Gaming License (if applicable)

All documents are to be certified a true copy by a Lawyer or Public Notary using his/her seal or stamp.

The above “KYC” (Know Your Customer) documents are also required by CSB to enter into a professional working relationship as part of our due diligence procedures.

Stage two - business and technical ability assessment

After successfully completing stage one of the application process, the LGA shall inform the applicant to proceed to stage two. A Malta company will be incorporated and the relevant statutory documents are submitted to the LGA, along with the technical documentation. Such documentation would typically include a detailed operational manual outlining the company policies and procedures; application & system architecture ofthe gaming and control systems; details of the software developer; security and control procedures; back-up, business continuity and disaster recovery procedures; the rules, terms & conditions and procedures of the games; the respective online text; and the various agreements with business partners, affiliates and / or agents.

Stage three - compliance systems review

Following successful completion of stage two, a provisional gaming licence (Letter of Intent) enabling the Malta company to start operations is granted (valid for a period of six months), and a Key Official is then appointed. During the six month period, the licensee is expected to establish business in Malta, conclude all agreements and undergo a systems review of its operation which is carried out by an independent local firm appointed by the LGA. On successful completion of such review, a licence for a period of five years is issued. This may be renewed thereafter, for further periods of five years.

For iGaming Services including, Remote Gaming in Malta, Gaming Tax and Licence Fees, Malta Corporate Taxation and Key Official Services; kindly forward your query to remotegaming@csbgroup.com