Malta and Curacao are two of the most popular gambling jurisdictions among operators of online gambling sites. Getting a license from the Malta Gaming Authority (MGA) is a time-consuming and expensive procedure because of Malta’s stringent gambling regulations.
Malta is, therefore, the number one choice for well-established and financially stable operators. Curacao, on the other hands, is known for its relaxed gambling laws and its inexpensive and simple licensing procedure. This makes it the number one choice for start-ups.
Malta Gambling Authority – FAQ
What is the Malta Gaming Authority (MGA)?
The MGA is the gambling control board of Malta. It was formerly known as the Lotteries and Gaming Authority (LGA) of Malta. The MGA grants B2B and B2B licenses to land-based as well as online gambling services.
What forms of gambling are not licensed in Malta?
The MGA does not grant licenses for spread betting and horse betting.
How many types of licenses does Malta offer?
Malta offers two types of gambling licenses: a B2B license or a B2C license. While a B2C license is granted to companies that offer gaming services directly to customers, a B2B license is granted to businesses that provide services and products to other businesses.
What makes Malta popular?
Malta is a popular gambling jurisdiction for a number of reasons.
- First, it was the world’s first jurisdiction to license and regulate online gambling services. By doing so, it set an example for other gambling jurisdictions to follow.
- Second, Malta has a set of strict and well-structured regulations, which require its licensees to maintain the best standards of integrity, fairness, and transparency.
- Third, Malta implements every measure possible to prevent crime in the online gambling industry, to protect minors from the harmful effects of gambling, and to protect vulnerable groups from problem gambling. Interesting fact: Sweden implemented their local casino license in 2019, but players still prefer to play at casinos with Malta license, Trustly & BankID.
- In addition, around 10 percent of the world’s top online gambling operators are based in Malta.
Although the jurisdiction does not host large sports events, it does host a prestigious Internet gambling industry event—the Summit of iGaming Malta (SiGMA). Moreover, Visit Malta, Hilton Hotels, and the Malta Tourism Authority collaborated to host the European Poker Tournament in March 2015.
Curacao Gambling License – FAQs
What makes Curacao special?
Curacao started licensing online gambling businesses in 1996, which makes it one of the world’s first jurisdictions to regulate and license the online gambling industry.
What are the advantages of a Curacao license?
The tax laws in Curacao are very favourable to businesses, and its licensing procedure is quick, inexpensive, and hassles free. Businesses have to pay a tax rate of just 2% of their profits to the government of Curacao.
The holder of a master license in Curacao can grant sub-licenses to any operator of their choice. However, the holder of a sub-license does not enjoy this power. It is the master license holder, and not the Curacao Gambling Commission, that is responsible for the activities of holders of sub-licenses.
How many types of gambling licenses does Curacao offer?
A: Curacao is known for its simple gambling laws. To keep the licensing procedure as uncomplicated as possible, it offers just one gambling license. The holder of that license can use it to offer any type of online gambling or online betting services, including sports betting, online casino, online bingo, or online poker.
Why do start-ups approach Curacao for a gaming license?
Curacao is a popular gambling jurisdiction among start-ups because of its simple laws, easy licensing procedure, low licensing fees, and low tax rate. In addition to granting licenses, Curacao eGaming also provides services such as international finance, private cloud services, dedicated services, and support for operators.
Are Curacao licensed casinos as trustworthy as Malta licensed casinos?
It depends on the online casino. There are a number of reliable Curacao licensed online casinos that are just as good as Malta licensed casinos.
However, you should be careful about signing up at an online casino licensed in Curacao. It is so easy to get hold of a Curacao license that any operator can easily get one. The Curacao license, therefore, does not hold much value.
A business holding a Curacao license need not necessarily be the best just as it need not necessarily be the worst. Don’t be surprised if you see a Curacao licensed online casino shutting down without warning or delaying your payouts.
Malta Licensed Online Casinos – FAQ
Is it safe to register and gamble at Malta licensed online casinos?
Yes, it is absolutely safe to register and gamble at online casinos licensed in Malta. Just make sure that the license is still valid as online casinos continue to operate even after the MGA has revoked their license. You can trust the online casino as long as it is operating under a valid license granted by the MGA.
Malta has powerful online gambling regulations and a stringent licensing procedure. This means that only the best online casinos can succeed in getting hold of a Malta license.
What sort of bonuses do Malta-licensed online casinos offer?
Online casinos licensed in Malta offer a wide range of bonuses such as sign up bonuses, match bonuses, new player bonuses, loyalty bonuses, no deposit bonuses, and much more. However, bonus offers come with wagering requirements, which you must satisfy before attempting to withdraw your bonus winnings.
How do I make a deposit at a Malta licensed online casino?
You can use a wide range of deposit options such as electronic wallet services, cryptocurrencies, Bank Transfer, and debit/credit cards. Banking at Malta licensed online casinos is quick, hassles free, and cost effective.
Curacao Licensed Online Casinos – FAQ
Do Curacao licensed online casinos offer bonuses?
Yes, you will find a wide range of bonus offers at Curacao licensed online casinos. Just make sure to read the fine print before claiming any bonus.
What are the software and games like at Curacao licensed online casinos?
Most Curacao licensed online casinos offer games from Rival, Real Time Gaming (RTG), and Betsoft. A few of them also offer NetEnt and Microgaming online casino games. This means that you will find a wide range of slots, table & card games, live dealer games, and video pokers at Curacao licensed online casinos.
Are Curacao licensed online casinos safe?
Generally speaking, Curacao licensed online casinos are safe. But a few rogue casinos may obtain a Curacao license because of the jurisdiction’s relaxed laws and easy licensing procedure. Research the casino well before signing up to stay on the safe side.
