If you choose to play online, choose an online casino with VISA from Malta . The MGA license from this country is very well regarded. This is especially true for European countries and other non-regulated areas. The Maltese gaming authority, the Malta Gaming Authority, is known for applying strict rules and checking them carefully. Read on to find out how this image came about.
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Possible MGA casino licenses
Just like all other licenses available for EU online casinos , the MGA also offers different licenses for different providers. An operator can choose from the following options.
- Type 1 : Games of chance played against the house with the outcome generated by an RNG, a random number generator.
- Type 2 : Games of chance played against the house without RNG, but as part of an event or tournament.
- Type 3 : Games of chance that are not played against the house, but against players against each other where the house takes a percentage of the bet for hosting the game.
- Type 4 : Controlled skill games.
In addition to these standard licenses, separate permission must also be requested from the MGA to be able to offer the following games and activities:
- Casino (online slots)
- Live casino (roulette, blackjack)
- Fixed odds bets
- Betting in a pool
- Poker and similar games
- Lottery messenger services
- Controlled skill games
However, requesting permission is not a simple process, as a casino must be able to demonstrate that it meets various conditions. After obtaining permission, an “ online casino abroad ” operator is continuously checked.
Malta Gaming Authority
Known as MGA, this body was established in 2001 with the aim of regulating the various sectors of the gambling industry and protecting players by ensuring fair gaming. It turned out to be a smart move by Malta, as it was one of the first countries in Europe to have an official gambling license. Malta had a clear goal; become the casino capital of Europe. Thanks in part to early regulation and lenient tax policies for casinos, the island has more than succeeded in this.
Advantages and Disadvantages VISA Casino Malta
First the benefits; it is always good to play at a casino that is regulated in the EU. Although the rules may not be exactly the same as in your own country, the EU is largely regulated the same and you can be sure that no shady practices will be tolerated. The MGA in particular has also built up a good reputation.
Of course there are also disadvantages to an MGA Casino for players who do not live in Malta. For example, the casinos are often tolerated throughout the country, but there is always the risk of receiving a fine. Players from another country will therefore not receive specific promotions and online casino promotions . In addition, if a conflict with a casino escalates, something that rarely or never happens, you will still have to travel to Malta because the casino is located there.
Playing with VISA in an MGA Casino
Unfortunately, it is not (yet) possible to pay with VISA in a casino in Malta, but you can pay with VISA in an online casino with an MGA license. Fortunately, there are a number of alternatives to VISA, the best known of which is Trustly. Trustly casino is a payment method marketed by a Swedish company. In fact, it works the same as VISA in an MGA Casino. A nice bonus is that Trustly works throughout Northern Europe and therefore many more banks are affiliated with it. In addition, it is the only payment method accepted in casino without registration . A perfect alternative until VISA becomes available in online casinos in Malta.
Alternatives to a Maltese license
Since the MGA was the first to issue a license in Europe, it is seen as a pioneer. This, and the fact that the MGA now knows what it is doing, ensures a leading position in the market. Still, there are other licenses to keep an eye on. First up is one from the UK, from the UKGC; this is even stricter than the MGA and the British often prefer this license.
Other countries also issue licenses, including Curaçao and Gibraltar . However, these are less strict than Malta and are seen as less reliable. However, this is not entirely justified, because in practice it rarely happens that a licensed casino tries to scam you.
MGA Casino license and taxes
When it comes to gambling taxes, it does not matter to you as a player what kind of license the casino has. A casino will never withhold tax on your winnings. You must keep track of whether you owe the tax authorities money. There is no simple answer to this either, because it depends on several factors, including your income and the amount of your profit.
Discover more companies with an MGA Casino license:
- SuprPlay Casinos
- Gammix Casinos
- Rootz Casinos
- N1 Interactive Casinos
- North Point Management LTD Casinos
- LCS Online Casinos
- SoftSwiss Casinos
- EGMIT Elite LTD Casinos
Online Casino Malta | Frequently Asked Questions
Does it take long to get an MGA License?
Yes, this is quite a lengthy process. It can just take half a year to a year. Everything must be thoroughly investigated by the MGA.
Where can I find the best MGA licensed casinos?
You can find them on our website. If a new casino gets a license, we immediately evaluate it for you. If the casino is good enough, it will be on our list.
Can a casino have more than one license?
Yes that is possible. There are several active casinos that have applied for a license first in Curacao , then in Malta and lastly in the United Kingdom.
Can I play at an MGA casino from an unregulated country?
If online casinos are tolerated, yes. Even if that is not the case, at most the casino will be fined and you as a player will not suffer any consequences.
What happens if an MGA casino makes a mistake?
Should the MGA get wind of this, it will give a certain period of time in which the casino must correct the misstep. If that does not happen or if the misstep is too serious, the license will be withdrawn.