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Gambling License Malta: Key Official Requirement and Support
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- Index Gambling License Malta
- The Malta Remote Gaming regulations and the LGA
- Classes of Remote Gaming Licenses – Gaming Tax & License Fees
- Application Process & Support – Key Official Requirements
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- Gambling License and Malta Company
Gambling License Malta- Key Official Requirement and Support
A Key Official would need to be appointed within 21 days from issue of the LOI.
Following find a list of responsibilities that need to be adhered to by the Companies’ Key Official (KO):
- System review / Certification of compliance.
- Sealing of Servers and also responsible to make sure seals are not broken, and if so must be reported to the LGA and re-sealed.
- Incident reports – the LGA is to be advised in respect of any changes made to either the hardware or software of the company, by signing and submitting the Incident reports.
- Keeping the LGA updated in respect of any changes to be made, to the set-up approved by LGA.
- Submission of monthly gaming tax and annual gaming license fee.
- Submission of the Company’s Accounts / Audit.
- Ensuring players’ funds are adequately held by the Company at all times.
- Data Protection.
- NSO – National Statistics.
- KO is to have access to the back-end system.
Further, the Key Official together with the Management of the Company needs to ensure that the Company is operating in line with the following Malta regulations:
- Companies Act, 1995
- Data Protection Act, 2001
- Electronic Commerce Act, 2001
- Electronic Communications (Regulation) Act, 1997
- Income Tax Act, 1948
- Income Tax Management Act, 1994
- Lotteries and other games Act, 2001 as amended (Remote Gaming Regulations)
- Prevention of Money Laundering Act, 1994
The LGA has a staff compliment of over 40 personnel, all with the necessary background in the different areas of gaming. The officers directly involved in Remote Gaming are involved in the following functions: Application Processing, Involvement Verification, Regulatory Supervision, Financial & Accounting, Information Management, Legal & Enforcement, Inspections and Marketing.