Classes of Remote Gaming Licenses

Malta is, to date, the only EU state which licences a broad spectrum of online games. The regulations are technology and game neutral: They do not specify what type of game is licensable and any game can be presented by the operator that uses a means of distance communication, thus including internet, digital TV, mobile phone technology, telephone and fax. The rules provide for four different classes of remote gaming licences.

Classes of Remote Gaming Licenses

In April 2004, the new Remote Gaming Regulations came into force. Under the previous regulations, only online betting companies could be established in Malta. The new Regulations provide for a wider and more comprehensive list of licences for remote gaming that may be obtained in Malta. Gaming operators can apply for:

Class 1: Casino Style Games, Lotteries and Slots

This licence applies for operators who offer games which are based on repetitive events and the gaming risk is managed by the operator. This type of licence covers casino table style games, lotteries and slots.

Class 2: Sports Betting

This licence covers operators who manage risk based on a singular event using markets. This licence covers the traditional fixed odds betting and some forms of pool betting.

Class 3: P2P, Betting Exchanges, Skins, Tournaments, Bingo

This licence applies to operators who organise player to player games but do not partake in the risk and receive only a commission. A class-3-licence is suitable for betting exchange providers, pools and poker rooms.

Class 4: Software vendors who take commission on wagers

This licence covers software vendors and platform operators 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.

 

 

Last Updated ( Friday, 06 February 2009 13:54 )  
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