Do you want to play at the safest and most reliable online casino available? The team at MrCasinova.com hopes that you do! As you probably already know, the most reliable sites should have a valid license from one of the jurisdictions available. Nonetheless, not all licensing institutions are identically strong and reputable as others. One license that you can always depend on is that offered by the Malta Gaming Authority.
The Malta Gaming Authority is one of the world’s most reliable licensing jurisdiction. You can find many great casino sites that have managed to obtain this license. Malta is known as one of the European countries that have clear and simple regulations. With recently having new changes to their gambling laws, the process of getting a license is even faster and simpler, whereas the rules to provide player protection are even stricter.
How does the MGA work?
Although Malta is a small country, it is highly recognized by others for being the most reputable regulator. Their success can be noted when considering that a couple of years ago the casinos that had obtained an MGA license, brought more than €66 million, pushing Malta’s economy forward. This is why the MGA wants to always meet the highest standards by enforcing that every casino has to go through an examination procedure to prove that the site is fair and safe for their players. If the casino passes the examination and proves that it is 100% reliable, the license is granted. When under the control of the MGA, the casino can get huge fines or even be terminated if they show any negative signs. Each year the amount of cancelled casino licenses keep increasing, meaning that the MGA rules have become even stricter.
The Application Process
To be accepted at the MGA, each casino needs to undergo 5 stages during the application process. These include:
1️⃣ The Malta Gaming Authority will conduct an investigation on both the company as well as the people who are involved in the finance and business activities of the casino. In this stage all the documents are checked.
2️⃣ Next, the casino’s business plan is checked. The most important element is that the company can afford paying out any winnings that can occur.
3️⃣ Then, the operation and statutory requirements are checked. These include technical documents, the rules, as well as the terms and conditions.
4️⃣ Once all these checks are done, the casino is allowed to start a technical roll-out and start preparing to go live. Before the website can start working completely, another check on the whole system will be conducted.
5️⃣ As time goes by, compliance reviews will be randomly held to check that the site still meets the standards. If something is found done not according to the MGA policies, the license is cancelled or a fine is issued.
Different Types of Licenses Offered by the MGA
Initially, 4 types of licenses existed. One could obtain:
➡️ A remote license for casino games, skill games and lotteries.
➡️ A remote license for fixed odds betting and sports betting.
➡️ A license that allows you to promote gambling for gaming portals and poker networks.
➡️ A license that allows you to host and manage gambling operators.
However, since the recent amendments to the MGA Act, the amount of licenses that can be given were deducted to 2.
Business-to-person This is given to the regular casino sites that provide gambling service in or from Malta.
Business-to-business This license is given to does that want to provide a critical gaming supply, manage software and host an online casino.
Moreover, a list of games that can be provided by the casino site is given. They are allowed to provide the below gambling products.
✅ Games of chance such as blackjack, roulette and lotteries, with a Random Number Generator.
✅ Games of chance where the winnings are not randomly generated.
✅ Player vs player online games.
✅ Skill games, controlled.
Another separate approval is required to offer live casino games, fixed-odds games, bingo, besides others. The new amendments made the process of gaining a license much easier by reducing the paperwork and making it more understandable.
MGA puts the players’ protection as their main priority. This is why they do regular protection check-ups, carry out licensing processes and make compliance reviews. Due to such strict policies and principles, players are able to safely play without having to worry about possibility of fraud. The Malta Gaming Authority stands by the following principles:
1. Fair Play There are many different games that one can choose from to win, but they all have one thing in common, fairness. The MGA makes sure to double-check that Random Number Generators are used to not affect the outcome and results of the games. This is done to make sure that no frauds take place, and everything is fair and random. Although the games can be different, all are fair under this jurisdiction
2. Money Protection MGA makes sure to protect the player’s money from any type of cyber-attacks. The full protection is provided on both the deposits made as well as the personal financial information. Moreover, players are also protected from any operational risks. This is done by having the money of the players kept in a separate account than that of the casino operations.
3. Player Protection At MGA, players’ protection is the main priority. They want to protect you from any possible fraud attempts, data leakages and any other negative experience. It is made sure that the casino will protect each player as well as their information, both financial and personal. You will be fully protected, given that you play responsibly.
4. Operator Responsibility The operator is always responsible when something goes wrong in the casino. If something does happen. The operator will be held accountable and any issues will be surely solved by the professionals.
MGA Recommendations & FAQ
It’s safe to say that casinos licensed with the Malta Gaming Authority are amongst the safest, and most secure sites you can find. If you are still unsure, we can guarantee that choosing an MGA licensed casino is a very wise decision to start making your bets at.
💡 Can casinos licensed with MGA be trusted?
Absolutely. The casinos licensed at the MGA are amongst the safest and most reputable casinos worldwide. Read MrCasinova.com’s guide above to gain some insights on this jurisdiction.
💡 How will I know that a casino is regulated by MGA?
The licensing information should be written somewhere in the bottom section of the home page. If you can find the license number, you will make sure that it really is licensed by the MGA.
💡 Are my funds safe at a casino regulated by MGA?
Yes, this is one of MGA’s main principle. The only thing that you should think about is to always play responsibly and set a budget for how much you want to spend.
With years of experience in the gambling industry, Sarah is knowledgeable in the field of the casino world. She is responsible for most of the content that is written on MrCasinova and her main goal is to provide casino players with the best information and recommendations to help users enhance their experience. Recently, Sarah graduated with a Professional Diploma in Digital Marketing.
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