Overview
The Malta Gaming Authority (MGA) license is a gold standard in iGaming, recognized across the EU for its strict regulations and player protection.
Rules
- B2C or B2B license types for different operations.
- Robust AML, KYC, and fairness audits required.
- Local presence and detailed business plan needed.
Costs
Initial cost: ~$25,000-$40,000. Annual fees: ~$10,000+ based on revenue.
Pros & Cons
Pros: High credibility, EU market access, strong player trust.
Cons: Expensive, lengthy process (4-6 months).