Malta has become a popular destination for sports betting, attracting players from all over the world. Among them are UK players who are under self-exclusion. There are a lot of casinos not on Gamstop licensed by the MGA that many Brits find appealing. For clarity, Malta betting sites are sportsbooks that hold a licence granted by the Malta Gaming Authority (MGA). The MGA ensures fairness, security and responsible gambling in Malta.
Check out the list of licenced casino websites our team picked for you:
TOP Rated Licenced Websites 2024
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Malta Gambling Laws – Malta Bookmakers Regulation
Since its creation in 2001, the MGA has been responsible for regulating online gambling. In fact, it was the first EU country to take on iGaming regulations, and it has attracted many entrepreneurs. In a way, this commission has set industry standards that other countries like the UK followed.
As of 2018, new sports betting sites Malta operators can get approved faster because the licence acquisition process was streamlined. Namely, they reduced the number of different types of licences and started to offer just a B2B and B2C licence. This has added some flexibility to the businesses they regulate, licensed Maltese bookmakers can easily develop more services without having to struggle with licence applications. In addition, the MGA doubled the licence term from five years to ten years. Therefore, bookmakers only have to submit an application for a B2C licence.
In October 2021, they amended the Gaming Authorizations and Compliance Directive to simplify the approval process. Moreover, the majority of these changes focus on the assignment roles that the operators need to make, keeping it simple.
Is It Legal to Bet at MGA Betting Sites for UK Players?
Yes. Players from the United Kingdom are allowed to gamble on the MGA-licensed websites or in Malta-based betting companies. However, the site should also be registered with the UK Gaming Commission if it wants to accept players from this nation. That being said some operators are based offshore and are regulated by MGA. The real upside is that MGA sites are among top European bookmakers which guarantees better player safety.
Licencing Requirements for MGA Betting Sites
safest betting sites international. These include financial soundness, reasonable gaming practices and also strong customer security measures. In addition, there are some basic conditions that every applicant must meet. Every officer, authorised individual, shareholder, director, beneficial owner, or ultimate beneficial owner is required to submit the following documents:
- For each company owner and applicant, a police good conduct certificate is required to be no older than three months.
- Passing a “Fit and Proper Test.”
- Ability to fill the key positions in the company. Alternatively, if this cannot be done at the time of application, Fast Offshore can provide the team members to take up these functions.
- Original bank references from all owners and applicants that are no older than 3 months.
- Duplicate copies of the passports for all owners and applicants.
- A comprehensive business plan.
- A compliance and software audit.
- Details of all the gaming software used and also third-party agreements.
- All operations and gaming servers must be in Malta.
The goal here is to minimise corruption and money laundering. Have a strong AML and KYC policy, and of course use certified software that guarantees fairness. As a token of appreciation, the players are given rights like transparency, fair play and also access to the mechanisms for socially responsible gambling to guarantee safe betting in Malta.
The Pros and Cons
The top Malta online sportsbooks often have numerous advantages that set them apart from other bookies. For instance, there are non Gamstop horse racing sites that have amazing event coverage, and offer more options compared to those operators that are in the UK. In addition, players may find competitive odds in Malta sportsbooks as well as benefits that might not be available on locally regulated sites.
Here’s a brief overview of Malta betting sites pros and cons
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Alternatives for Betting Sites in Malta
FAQs
➤ Can foreigners gamble in Malta?
Yes, foreigners are allowed to gamble in Malta, as long as they use platforms licensed by the Malta Gaming Authority (MGA). These licensed operators accept players from many countries worldwide, but it’s important to note that there are some restrictions depending on your location. Each site provides a list of restricted countries, so it’s crucial to verify whether your country is permitted before signing up. By doing so, you ensure that you’re playing legally and avoid potential issues during withdrawals or deposits.
➤ How can I bet on new online betting sites in Malta?
Betting on new online sportsbooks in Malta is a straightforward process. The first step is to find a licensed and reputable site, typically one regulated by the MGA for security and fairness. After choosing the platform, you’ll need to sign up, which usually involves providing basic personal information and verifying your identity. Once registered, you can deposit funds into your account using a range of payment methods like credit cards, e-wallets, or even cryptocurrencies. From there, you’re ready to explore the wide array of betting options and start placing wagers on your preferred sports or events. You can refer to our site for suggestions on trustworthy Maltese sportsbooks that offer fast registration and user-friendly interfaces.
➤ What are the best betting sites in Malta?
Some of the top-rated betting sites for players in Malta include Velobet, Goldenbet, and FreshBet Sportsbook. These platforms are known for their reliability, competitive odds, and extensive selection of sports and markets. However, the betting scene in Malta is diverse, with numerous other operators providing unique features like specialized promotions or niche sports coverage. You can explore more options on our site, where we review and recommend brands based on factors like user experience, bonuses, and payout speeds.
➤ What betting offers can I find at Maltese sportsbooks?
Maltese sportsbooks offer a wide range of betting markets that cover popular sports such as football, basketball, tennis, and esports. In addition to standard betting options like match outcomes, these platforms often provide specialized markets such as handicap betting, over/under totals, and live betting. Players can also find creative prop bets and accumulator options, allowing them to build personalized tickets with unique combinations that suit their preferences. Additionally, new users are often treated to welcome bonuses, free bets, and enhanced odds promotions, further boosting the betting experience.
➤ Is betting legal in Malta?
Yes, betting is completely legal in Malta, and the country is known as one of the pioneers in regulating online gambling within the European Union. Malta was among the first nations to establish a comprehensive legal framework for online betting, setting high standards for player protection, responsible gaming, and fair play. The Malta Gaming Authority (MGA) ensures that all licensed operators adhere to these standards, offering a safe and regulated environment for both local and international bettors.
➤ What are the most popular payment methods among punters in Malta?
Maltese sportsbooks offer a variety of payment methods to suit different preferences. Among the most popular options are credit and debit cards (such as Visa and Mastercard), e-wallets (like Skrill and Neteller), and prepaid vouchers (like Paysafecard). Many platforms have also embraced cryptocurrencies like Bitcoin and Ethereum for deposits and withdrawals, offering more anonymity and quicker transaction times. Each method comes with its own processing times and fees, so it’s advisable to check the platform’s payment section to choose the most convenient option for you.
➤ Who regulates gambling in Malta?
The gambling industry in Malta is regulated by the Malta Gaming Authority (MGA), one of the most respected regulatory bodies in the world. The MGA is responsible for issuing licenses, overseeing the operations of licensed companies, and ensuring that operators comply with strict guidelines regarding player protection, responsible gambling, and fairness. This regulatory framework has made Malta a hub for online gambling businesses, with many operators choosing to base their operations in the country due to the MGA’s reputation for fairness and transparency.
➤ What are the most popular sports for betting in Malta?
Football and horse racing are among the most popular sports for betting in Malta, attracting the largest number of wagers. Football, in particular, offers extensive market options, covering local Maltese leagues as well as major international tournaments like the Premier League and the Champions League. However, Maltese sportsbooks cater to a wide range of preferences, offering betting opportunities in other sports such as basketball, tennis, and esports. This variety ensures that punters of all interests can find suitable options, whether they prefer traditional sports or more niche markets like motorsports or virtual sports betting.