The Malta Gaming Authority is a highly respected gaming authority located on the European island of Malta. Casino players think that they can only play at casinos with a local gaming license, but this is not true. You also have the legal right to play at a casino with an MGA license. There are different rules for casinos registered abroad, but we’ll clear that up with this article. We will also go through why casinos choose to become MGA casinos, different payment methods like Trustly & Zimpler, security, and list some popular casinos licensed in Malta.
Malta Gaming Authority – How Malta Casino works?
An MGA casino is a casino that has a license from the Malta Gaming Authority. It is the gaming authority that pioneered the rules and laws for online gambling. They, therefore, guarantee a high level of security for players who choose to play at an MGA casino. Only the serious players apply for a license there. Each operator pays annual taxes, ongoing fees, and a one-off fee of €5,000 to obtain and maintain their license. The MGA always promotes safe gambling and places great emphasis on responsible gaming. The most important work an MGA casino does is that they prevent minors from gambling online, ensuring the safety of online gambling for everyone.
The MGA was founded in 2001 and over 20 years has built up a wealth of experience in regulating online casinos. Today, the vast majority of casinos from Europe have a partnership with them.
MGA casino has a license from the Malta Gaming Authority, a so-called MGA license. It is one of the most widely used licenses in the world. A casino that has an MGA license has no local license but offers EU players security in the form of safe casino games. In addition to the focus on safety and security in online gaming, winnings are tax-free for all players! As a player, you can easily make deposits with BankID via Trustly at MGA-casino. Please read our guide to learn more about what MGA casinos mean for you as a player.
MGA Casino without a local license
Today there are over 100 MGA casinos without a local EU license, while more and more people are looking to the tax haven on the island of Malta. Low taxes and better benefits are what attract the most. However, you can not turn off using the game break. The reason is that you cannot register using BankID.
With the help of the Malta Gaming Authority, all the hundreds of operators can offer promotions and bonuses and there are no annoying delays between all the spins on the slots. This attracts players from all over Europe to play at casinos without a local license from Malta.
4 different gambling licenses at MGA
- Class 1: License for online casinos, where an operator manages its own risk of gambling. It is also possible to obtain a clаѕѕ 1-4, which means that the lісеnѕіn operator of Class 1 uses software-based games and in some cases through equipment licensed under Class 4.
- Class 2: A betting license for online gambling (e.g. fixed odds betting) where the operator manages its own risk management of betting events based on a matchbook.
- Class 3: A license primarily for online gambling in or outside Malta (e.g. poker networks, P2P gambling, and gambling portals) where the ореrаtörеn is entrusted with the promotion or development of gambling. It is also possible to obtain a Class 3 on 4 license, where the operator uses Class 4 material on its platform.
- Class 4: A license to operate and provide services for remote players, with the exception of the licensee itself, where software providers provide services on their platform. Essentially, this is a business-to-business (B2B) gaming license.
It is important that you as a player do not bet your money on a casino without a gaming license. The MGA creates security for both the player and the casino, the license is the main reason why you can trust that the casino is serious. The market is large and you can always check on the casino’s website which licenses it has. The biggest on the market is the Malta Gaming Authority.
Support is an important part of any operator when playing at a casino. You can contact support with questions 24/7 and live chat is also common. If you don’t get help from their support, you can always turn to the support of MGA.
Payment methods at Malta casino
There are various payment methods to choose from when playing at an MGA licensed casino. You can choose from various debit cards, prepaid cards, e-wallets, and cryptocurrencies. The latter you can’t use at casinos licensed by the Gaming Inspectorate, but at Malta Gaming Authority you can use all of them.
All the methods you use work in different ways, you have fee-free options but also methods where fees are charged. Therefore, before making a deposit, it might be a good idea to read through the fine print. The vast majority are safe methods to deposit with, some of which are Visa/Mastercard, Trustly, Skrill, and Neteller.
Something to keep in mind is that casinos with an MGA license require you to make your withdrawals using the latest method of deposit. The reason for this is that they want to ensure that the account/method belongs to you. Also keep in mind that the different methods take different amounts of time to process, as well as the time from confirmation until you have the money in your account. By far the fastest are e-wallets.
MGA Casino with Trustly
The Swedish payment provider has been offering a seamless solution for e-commerce, and marketplaces since 2008. Consumers use their own BankID to pay and accept transfers. You simply download the app and instead of signing a bunch of agreements with different banks, you sign an agreement with Trustly.
The service quickly took over the gaming market and most serious licensed operators, today, use the service. Since Trustly acts as an intermediary between the consumer and the company, no casinos are allowed to see your private bank details. As a result, security has gradually increased in recent years. This is a major step forward for a market that has been plagued by gambling security problems.
Pay N Play
A few years ago it hit like a bomb, the development Trustly made by creating Pay N Play for players at MGA casinos. Playing without an account directly via BankID and without the need for registration, allowed players to deposit in real-time and have withdrawals to their bank account within 5 minutes. This method has contributed to its popularity among today’s players.
List of payment methods with MGA license:
- Bank Transfer
- Zimpler Casino
- Klarna casino
- Brite casino
- Credit cards
- Instant banking