Which is the Best Online Casino Licensed in Malta?
Operators may apply for multiple licenses, which are issued for five years at a time. There are a number of requirements and conditions that must be met before a license is awarded. For the most part, these relate to the proper operation of interactive games, the protection of players, and the prevention of money laundering. One specific requirement is that a significant part of operations must be physically located in Malta. Once awarded a license, licensees have to adhere to a number of additional conditions.
Among other things, they have to maintain proper financial records, have data protection procedures, and have policies covering responsible gambling.
The LGA carries out a thorough investigation before awarding such licenses. System and multi-way bets can only be used for the bonus rollover if the stake consists only of bonus funds or only of linked funds. Redbet holds the record for the fastest payout in online gaming and betting history. A welcome bonus is provided, and both UK and EU nationals can take advantage of it. When we say the EU, we mean the EU as a whole. Sure, there are countries that mandate the use of a national license, such as Spain, Denmark and the UK, but Malta has done an amazing deal for markets other than these, such as Austria, Germany, Ireland and markets out of the EU, like Canada, New Zealand, and once even Australia.
The MGA logo has imbued many punters with the trust they need in order to completely give in to the sportsbook, and bet with confidence. There are hundreds of online casinos licensed in Malta, but our point of focus are online betting sites. From this point on, betting site reviews, or sportsbook reviews can be a reliable indicator which bookie to join. Not so long ago, MGA licensed betting sites were big in Australia as well.
Nevertheless, due to change in regulation, Aussies now bet at bookies authorized by the Australian authorities. That being said, even a decent list of EU countries require bookies to obtain their national licenses before they start entertaining customers. Among others, these include the UK, Denmark, Spain, Italy, with rumors that Sweden and a few other countries will join them. In order to access the UK audience, sportsbook operators need to obtain a UK license, which is seen as a the ultimate indicator that a betting site is safe and reliable.
Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. In detail, MGA licensed bookies are regulated and governed by continually evolving, adapting set of regulations. They are associated with responsible gambling agencies the likes of GamCare, Gambling Therapy and Gamblers Anonymous, in an effort to help those who need professional assistance. Moreover, they put a great emphasis on privacy protection.
Protocols like the GDPR have long ago been implemented. After all, failure to comply results in hefty penalties. The ultimate penalty an MGA bookie can suffer is to have the license revoked. In addition, an MGA license paves the way for some pleasant cooperation with the leading payment providers. Financial service institutions want to be reassured that their clients are in line with the law.
The seal of MGA is a proof enough to get open many doors for the bookies, and to attract many customers. After all, once you go online, it all comes down to the quality of the odds and the betting promotions. Malta is set to become the EU hub for Blockchain technology and business which one way or another are related to cryptocurrency, Bitcoin for the most part. In all honesty, we expected more out of bookmakers, in terms that they would be keen on Bitcoin. However, UK betting sites have turned a their shoulder at the growing and ever expanding Blockchain technology.
Needless to say, Malta has a different opinion on this matter. That being said, with the exception of illegal, unauthorized betting sites, MGA licensed sportsbook are the ones that show a strong affinity for Bitcoin. Maltese casino sites offer multiple versions of live blackjack, live baccarat and live roulette, including VIP tables with big bet limits for the high rollers. More Casino Games Online and mobile casinos bring dozens of classic and innovative games to your fingertips. The best Maltese bookmakers and casino sites support a range of fast, safe, easy-to-use payment methods for deposits and withdrawals.
Tap the tabs below to find out more. Transactions are processed on the spot, so you can start betting straight away. Open a free account, load up some funds and then make instant deposits at your favourite online bookies and casinos. This allows you to send money straight from your bank account without having to wait around for standard processing times.
Money Vouchers There are plenty of gamblers who want the convenience of online play without expanding their internet footprint more than necessary. You can buy Paysafecard vouchers from retailers all over Malta and use your unique code to spend money on the web without the need of a credit card, e-wallet, or instant banking.
Bank Transfer While online payment methods are often subject to daily transaction limits, money wires and bank transfers allow you to move large sums at a time with minimal fuss. Deposits can take several business days to clear, but the guarantee of delivery makes this an excellent option for high-stakes gamblers.
In , Malta became the first EU nation to create a dedicated regulatory body for interactive gaming and wagering. Now, hundreds upon hundreds of online bookmakers, casino sites, betting exchanges and software developers fall under the jurisdiction of the Malta Gaming Authority.
All this is very good news for residents of Malta who like a bet. It also means you can be assured that any firm offering sports betting or casino games to the Maltese market is secure and well regulated. Week two of the NFL season provides a number of fascinating match-ups for fans and punters alike. We take a look at all the The English Premier League returns this weekend with a number of tantalising matches lined up for Match Week 5, following the end of the first As Week 2 rolls around in the NFL Season, we've taken a look at every game across the weekend and provide free tips for Kentucky is likely to be the next state to legalise sports betting in the United States of America if a prediction by a prominent lawmaker The return of the English Premier League after September's edition of the international break will see Manchester United make the cross-country trip to Watford for