Malta Gaming Licence - The Application Process

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.


First Stage

1 For each qualifying shareholder with 5% or more interest: 1.1 Application for Remote Gaming Licence (form LGA/51/2004-1)
1.2 Personal Declaration form (form LGA/51/2004-2)
1.3 Copy of Passport
1.4 Original Birth Certificate
1.5 Police Conduct Certificate
1.6 Financial/Bank reference
1.7 Passport size photo
1.8 Statement of Affairs
1.9 Bookmaker licence if issued in other countries

2 Business Plan
2.1 Overview of Business & Objectives of Operation
2.2 Proposed company structure including human resources to be employed
2.3 Nature of games to be offered
2.4 Technologies to be used
2.5 Overview of application software
2.6 Three year business plan including:

2.6.1 Marketing & Sales Plan
2.6.2 Forecast profit & loss and balance sheets
2.6.3 Forecast cash flow statement
2.6.4 Financing plan

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.

The following documentations have to be submitted at this stage:

Second Stage

1 Statutory Documentation:
1.1 A Maltese Registration Certificate
1.2 International Trading Company Certificate - Advanced Revenue Ruling from Inland Revenue
1.3 Memorandum & Articles of Association
1.4 Business Entity Information form (form LGA/51/2004-3) - attached
1.4.1 Name of Merchant Bankers
1.4.2 Operating Account Number/s
1.4.3 Players Account Number/s
1.4.4 Bank Declaration of Players` funds

2 Company Policies
2.1 Information Security Policy
2.2 Incident Response Policy
2.3 User Management Policy

3 Company Procedures
3.1 Human Resources Roles & Responsibilities
3.2 System Access Control
3.3 Financial Accounting
3.4 Business Continuity & Disaster Recovery
3.5 Backup Procedures
3.6 Change Management Procedures
3.7 Fraud Management Procedures
3.7.1 Know Your Client (KYC) Procedures
3.7.2 Anti Money Laundering (AML) Procedures
3.7.3 Payout management

4 Detailed description about:
4.1 Application Architecture - outlining player and game management modules
4.2 System Architecture - outlining all hardware to be used and their function within the system
 4.3 Network Infrastructure - schematic including Internal System IP-numbering, DMZ etc.

5 Random Number Generator
5.1 Whether Hardware/Software based
5.2 Model
5.3 Brand
5.4 Copy of Test Certificate
5.5 Conclusion of Certification Authority report

6 Specification of the Gaming System To submit following information:
6.1 Name of the owner of the software
6.2 Name of organisation which did the testing