What distinguishes the
Maltese license process from that of some other 'less rigorous'
jurisdictions, is the serious application process which is applied.
Prior to the attainment of a license, the Lotteries & Gaming
Authority (LGA) applies a 3-stage process in order to audit the business
operation, the individuals making up the project team and the control &
Phase 1- Fit & Proper Test & Business
The first stage is to conduct a fit
and proper exercise on the applicant. The Authority analyses all information
related to persons involved in financing and management and on the business
viability of the operation. The Authority conducts probity investigations with
other national and international regulatory bodies and law enforcement agencies.
It also carries out a financial analysis of the business plan.
Phase 2- Business and Technical
On successful conclusion of the first
stage the applicant is examined on the instruments required to conduct the
business. This process includes examining incorporation documents, the games,
the business processes related to conducting the remote games, the rules, terms,
conditions and procedures of the games, the application architecture
and system architecture of the gaming and control systems. Normally the first
stage is completed within 2 weeks and the second stage within 3 weeks, depending
on the correctness and completeness of the information submitted to the
3 - Compliance Audit
At the end of the second stage the
applicant is given a letter of intent to operate remote gaming with the intent
of obtaining a certification of compliance within six months. The applicant may
then establish the business in Malta, conclude all agreements and carry out
testing of the set-up. A formal licence is issued when the Authority obtains
from the compliance certification entity. A normal compliance certification
procedure takes two weeks to be carried out.
Licence and Application Fees
A non-refundable application fee is
to be submitted with the application. The annual licence fee is to be paid
within fifteen days from the formal grant of the licence and is to be paid
annually. Payments can be done by a cheque drawn in Maltese Currency or bank
transfer in favour of the Lotteries and Gaming Authority.
Our role is to assist and hand-hold
the client throughout this process. The LGA's
regime aims to be both technology neutral and game neutral – encompassing
any type of gaming using a means of distance communication (including internet,
digital TV, mobile phone technology, telephone and fax). Any remote game which
can be securely managed under LGA regulations will be considered for licensing.
We assist clients from the initial inception of a project or idea to the final
certificate thereof. Upon attainment of certificate and hence, the final
our advisory team assists clients in maintaining that license in good
standing from all aspects, including
back office & accounting as well as
Chetcuti Cauchi exhibits at ICE Totally
Gaming Expo, London 2012 | 21/11/2011
The Malta issues new Gaming Devices Regulations, 2011 [15/04/2011]
Chetcuti Cauchi at ICE Totally Gaming, Earls Court, London 2011
Silvana Zammit interviewed by James Swift
of "The Lawyer" on recent ECJ rulings and Malta's positioning as
leader in the regulated gaming internet gambling industry