Access to our Network of Banks for your Maltese Casino
Malta is one of the biggest online gaming hubs in the world. Despite having a population of just half a million people, an incredible 10% of the world’s iGaming businesses are licensed there. With over 300 remote gambling companies based in Malta, you’ll find all the infrastructure, people and technology you need to make your business a success.
Although Malta is very well set up for iGaming, many traditional banks in the country don’t yet offer payment services that are targeted at iGaming businesses. This means online casinos and sportsbooks in Malta can struggle to process multiple currency payments, speedy transactions from abroad and manage their (and their customers’) money.
Online gaming in Malta is regulated by the well-respected Malta Gaming Authority. An iGaming application fee starts at around €25,000 (but can cost more for larger applicants), and it takes 12-16 weeks to get approved. There is also a €25,000annual license renewal fee, and the country’s gambling tax is effectively 5% of GGR.
If you’d like to open an iGaming business in Malta, you will need a bank account, payment account of electronic money institution to process customer deposits and winnings. And this is where iGaming Core can help. We work with you to find the best solution for your Malta online casino or sportsbook:
The most popular way for making payments to Malta iGaming websites is via credit and debit card – all major PSPs are accepted (Visa, Mastercard, Maestro, American Express, etc.). e-Wallets like Skrill, PayPal and Neteller, as well as the Paysafecard are also popular options.
Contact us today to start accepting payments to your Malta iGaming company
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