Malta Gaming Authority (MGA) License
Established in 2001 in Malta, the MGA, aka Malta Gaming Authority license, is the most reputed in the online gaming industry. With tough regulations and a customer-centric framework, the MGA regulatory body became the gold standard in the gambling sector.
Malta Gaming Authority issues licenses to both land-based and online gambling businesses. It is the first in EU countries to develop comprehensive standards for igaming. It has high standards, regulations, compliance checks and reputation. The main motto of MGA is to ensure fair play and protect the consumer's privacy.
Why choose the Malta Gaming Authority (MGA) license?
Online betting sites find the MGA license highly attractive due to its reputation, which enhances their trustworthiness. So, here are a few pros of getting authorized by the Malta Gaming Authority.
- Operators with MGA licenses have a stamp of quality and credibility. This attracts players from across the world, increasing the profits for the betting sites.
- As the MGA license is accepted and respected in the EU territory, operators can reach a huge customer base.
- The Malta Gaming Authority issues two kinds of licenses: B2B and B2C. The former is a critical gaming supply license provided to software and service-offering businesses that provide solutions to other operators. The B2C gaming license is issued to betting sites that provide services directly to gamers.
Who can get this license?
Here are the eligibility criteria to acquire the Malta Gaming Authority license.
- Both European Union and international companies can seek the MGA license. They need to have a registered office in Malta.
- All operators must show financial stability and clear background checks, such as personnel and revenue history. The betting sites need to comply with international standards.
- Online betting apps and sites need to enforce AML (Anti Money Laundering) policies and data encryption measures to ensure bettors' right to safety.
- Operators should use responsible gambling and fair play tools, such as Random Number Generation systems, which generate fair odds. Also, the transactions need to be protected.
How do players benefit by registering on MGA licensed operators?
Following are the various benefits players can experience by signing up for Malta Gaming Authority licensed betting sites.
- Players can get a fair play, ensuring their victory at least once.
- As the operators would have high standards of technical and operational compliance, the users' identity and transactions are protected.
- The MGA-licensed operators are bound to offer a dedicated support to dispute resolution.
- Players can access a wide plethora of online betting markets like sports, slots, and poker, allowing the bettors to explore more markets and reap rewards.
The Ocbscores team is a group of experts who deliver quality, plagiarism-free content to users. We are experienced writers, editors, and SEO content managers who strive to support our readers in making informed decisions and effortlessly enjoying online gambling.
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