Lots of new online casino sites get launched every day. However, not every site tends to operate in a reliable and trustworthy manner. So, what separates good or credible casinos from non-reliable ones? It’s the license issued by the reputed Malta Gaming Authority, which is not easy for a casino owner to obtain, thanks to the stringent standards set by the gaming authority.
When you visit any of the casinos online, you can find whether they have a license by looking at the MGA’s logo at the bottom of their homepage or by directly visiting the MGA’s site. The casino license ensures to safeguard the interests of players and supervises the casino’s activities so that the results are not manipulated at all. Our experts have prepared an MGA casinos list for you:
Malta Gaming Authority Casinos
What Is Malta Gaming Authority?
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The Malta Gaming Authority only provides licenses to the online casinos as well as Curacao licensed online casinos, that meet its high licensing standards. And due to its incredible reputation for over 20 years, most gambling hubs from different parts of the world aim to obtain its license. The process of applying for the license online is easy, provided you have sufficient funds to show, run your business operations effectively, and have a clean operating history. Once you receive the license, you must run the casino as per the set MGA rules. Else, they may terminate or remove your license.
New MGA casinos launch every year and our experts provide reviews and keep all the information up to date.
What Are the Requirements to MGA Licensed Casinos?
Here are the following MGA license requirements that casinos should fulfill to secure the reputed online gambling license:
- Proof that the company’s owner has a clean background and doesn’t have any criminal records.
- The casino owners should have a clear business plan
- They should provide details regarding what gaming software platforms and providers help operate the casino sites.
- Whether they deal with any third parties or share users’ information with them.
- Proof of identity, usually the notarized copies of passports.
- Verified copy of owner’s utilities bills.
- The latest copies of the owner’s bank statements.
- Casinos should have their games hosted in the Malta region.
Advantages and Disadvantages of the Malta Gaming License
Online casinos that have received a gambling license from the Malta Gaming Authority tend to be more credible and trustworthy than the ones not licensed. Let’s have a look at the several advantages that online licensed gambling platforms enjoy with the MGA license:
- Adds to the integrity and reputation
- Provides a secured and transparent gambling environment that further enables players to gamble and have 100% fun
- Less processing times for your application
- Ensures that casinos constantly meet the changing requirements in the casino world
Of course, the advantages of this license are more than its drawbacks. Let’s have a look at a few disadvantages associated with this gambling license:
- Doesn’t support casinos in the U.K.
- Imposes restrictions on a casino’s advertising policies
Malta Gaming Authority’s Reputation
Not to mention it’s because of the incredible reputation of MGA that every new casino wants to become MGA licensed casino. Not only does it add to the credibility of the casino, but it also allows new users to try out new online gambling platforms without any fear of being scammed or deceived.
Safety of Players
A player would feel confident playing at an online casino if they are assured that their personal and monetary information will be kept safe. Any online gambling platforms that regulate as per the MGA requirements and have obtained the license comply with the Data Protection Act and make sure that the players’ information is safe and secured. Further, the authority verifies that a casino can fight against any cyber-attacks.
Fair Gaming and Gambling Experience
MGA also keeps an eye on the results of games like blackjack, roulette, etc., to ensure that members have transparent and fair gaming and gambling experience with casinos. All platforms use a Random Number Generator (RNG) to ascertain the gaming outputs and make sure that both the casino owner and software provider display fair results.
Further, MGA casino sites should clearly indicate how much proportion of funds are offered to users for a certain game title. This is referred to as Return to Player (RTP) rates and can be found in descriptions of several MGA casino games. Such casinos you can find at our best paying online casinos list. Indeed, it’s a perfect move to enhance the gaming experience of members.
Protection of Finances
Another important area that MGA focuses on while issuing a license to a casino is that players’ funds and the company’s operating funds should be treated separately. This means that even if a casino goes bankrupt, only the company’s assets will be affected. In other words, it won’t have any impact on players’ funds.
MGA wants online casinos to be accountable and responsible for their activities. This accountability factor prioritizes protecting players’ interests. Further, it allows them to file a complaint against any MGA licensed casino that doesn’t comply with the terms and conditions of the MGA or doesn’t offer a credible gaming experience. You should choose only legit online casinos.
What is a Malta Gaming Authority license?
MGA gambling license is proof that online casinos operate in a fair and responsible manner. These licenses mean that casino offers a fantastic gaming and gambling experience to online players.
Do Malta Gaming Authority casino sites offer safety and security?
If you’re planning to try out Malta Gaming Authority licensed casinos, stay assured of the safety and protection of your data. These licensed online casinos not only strive to give you a variety of games but also follow strict security protocols to protect your information.
How should I search for the best MGA casinos?
While there can be lots of online casino websites pretending to be a legit licensee out there, players can verify it by checking the casino’s website and seeing if it has the MGA’s logo. To be 100% sure of whether a specific casino fulfills the licensing requirements or not before starting playing for real money, you can check the official site of the MGA and lookup for the casino’s name in the list.