Of all the EU members, the country of Malta was the first ever to announce the remote gambling laws, as specified by the Remote Gaming Regulations of 2004. Malta boasts of an economic success that stems from having one of the lowest taxes. If you ever wish to set up online betting and gambling offerings in the country, here’s what you need to learn about their licenses:
Class 1 is for casino and skill games, and online lotteries
Class 2 covers pool, spread and odds betting
Class 3 is for peer to peer gaming such as poker and betting exchanges
Class 4 is meant for software vendors
What’s great about making Malta your home jurisdiction is the ability of gambling operators to apply for several licenses all at once. These are renewable every 5 years, and though lenient and not costly, there are still steps and processes to be followed in order to be awarded a license.
Commercial gambling in Great Britain has always been the crowd’s favorite that it was absolute essential for the Gambling Act of 2005 to come to fruition. If you have been warming up to the idea of setting up and processing your licenses in Great Britain, there are a few things you should be aware of. These include:
Not needing a license to run a remote gambling operation, even if your equipment is located outside Great Britain’s jurisdiction.
You don’t need explicit permissions to participate in gambling websites
There are no specific single type licenses but you can apply for remote gambling licenses for activities such as lotteries, bingo, gaming machines, betting, casino games, and gambling software.
Italy is well known for its history of Italian gambling enthusiasts, noteworthy and fairly liberal laws on gambling as compared to other European countries. 2006 saw the introduction of laws that permitted companies to offer services in sports betting in physical locations and websites. This was a time when most countries in Europe were intent on restricting gambling activities.
The AAMS (Amministrazione Autonoma dei Monopoli di Stado – Autonomous Administration of the State Monopolies) regulated anything that had to do with gambling including betting, gaming, games of chance, and lotteries. Though quite lenient and highly established, Italy is still strict when it comes to compliance of the specific laws. Consequences range from steep monetary fines to suspension and even cancellation of the licenses.
Additionally, the process is quite long as it would take three months for the AAMS regulator to check that all documentations are in order before issuing the needed license. But the license is not one that will open the gates for operators to provide their services to players. There is still an authorization procedure that providers need to go through before they are fully accredited by the AAMS. To know more about the licensing process, refer to the guide on the Italian online gaming license.