iGaming Business Solutions | Turnkey iGaming Services
Wednesday, 07 December 2011 10:44

Business Setup

The only European Union member states that regulates remote gaming is Malta. The law in Malta provides very attractive fiscal incentives for Companies engaged in remote/online Gaming activities, such as: Casinos, Casino-Style Games, Betting Exchanges and Lotteries.


CLASSES OF REMOTE GAMING LICENSES:


Class 1 Remote Gaming License

This class aplies 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

This classes 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 License├é 

This class of 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 License

This class of license is for operators who organize 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 License

This classes shall be a license 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 License

This class of 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.

For standard quotations please contact us.

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