Online sports betting is considered a profitable business with a short payback period. Bookmakers that accept bets over the Internet must have a license for this type of activity, and not every country issues them. GamingLicensing will help you obtain a prestigious license from Malta or Curacao and start a legal betting business in the shortest time possible. Of course, the assistance of our experts will not eliminate the need to collect all documents required by those jurisdictions, but we are fully aware of all the pitfalls, and therefore you will not have to deal with bureaucratic procedures.

The History of Gambling in South Africa. Gambling in South Africa is widely available. Many forms of legal bets are available to citizens and visitors to the country. This hasn’t always been the case. Regulated gaming in the country is only available thanks to three major gaming law reform bills passed over the past two decades. A license holder is obliged to pay an annual license fee of €25,000. After receiving a registration fee and verifying the submitted documents, MGA makes a decision on issuing a betting license. Generally, the whole process takes about 2 months.

Getting a Malta betting license

Malta is a beautiful Mediterranean island state. The best time to visit it is autumn, when there is no sultry heat and the water temperature is still comfortable for swimming. However, to obtain a license, you will not have to fly—or sail by ferry from Sicily— to Malta at all, since we will take all the trouble. According to MGA (Malta Gaming Authority) rules, bookmaking activities require a B2C license. In order to get it, you must provide the following documents:

Online gambling in South Africa remained illegal, except for sports betting which still required online sportsbooks to get a license in one of the South African provinces. All other typical casino games, such as poker, slots, roulette, or blackjack are strictly forbidden. On the National Gambling Board site, it is clearly written.

an application in English;
copies of company’s beneficial owners’ personal documents;
a brief description of your professional background, criminal record, corporate charter, business plan and some other documents.

A license holder is obliged to pay an annual license fee of €25,000. After receiving a registration fee and verifying the submitted documents, MGA makes a decision on issuing a betting license. Generally, the whole process takes about 2 months.

As a result, you will be issued a B2C license, which allows you to conduct betting activities in all countries where gambling is not prohibited.

Getting a Curacao betting license

A company that is planning to receive sports bets via the Internet may also obtain a Curacao license, which is considered a convenient alternative to Malta’s one. With the Curacao betting license, one can enjoy a number of advantages:

almost every bank will willingly open you a Merchant Account for conducting transactions and players’ deposits/withdrawals;
sportsbook software providers freely cooperate with Curacao license holders;
Curacao’s corporate tax rate is 22%; however, so-called E-Zone companies are completely tax-exempt. GamingLicensing specialists will provide you professional assistance in registering your company in Curacao’s E-Zone.

In order to successfully get a license, you must meet several technical requirements, such as storing backup information about clients and transactions on Curacao’s soil (other databases may be physically located anywhere), getting your software certified by an audit company and having specific website sections (Terms and Conditions, Refund Policy, etc.) and a clickable icon confirming licensing.

Summary

Hopefully, a future sportsbook operator now has no doubts about the necessity of obtaining a license and working within the law. As of today, the best and the most cost-efficient option is obtaining approval documents from Malta or Curacao.

Online Betting License Cost

To get hold of an online betting license and diversify your online casino even further, GamingLicensing offers you help with the following price tags:

Company Registration	EUR 7,900
Obtaining an Online Betting Gambling License	EUR 9,000
Registration of the domain in the E-ZONE	EUR 10+ depending on the domain name and the domain zone
Expert Consultation and Support	FREE of Charge

FAQ

What betting licenses can GamingLicensing help me obtain?
GamingLicensing can help you get the prestigious Malta Gambling Authority license and the Curacao e-Gaming license. You won’t have to deal with annoying bureaucratic procedures — our experts will do that for you.
What do I need for the Malta Gambling Authority betting license?
To run a successful online betting site with a betting license from the Malta Gambling Authority, you need to obtain the so-called B2C license. To do that, you need to submit an application in English, the copies of your company’s beneficial owners’ personal documents, a brief description of your professional background, criminal record, corporate charter, business plan, and some other documents.
How much does the Malta Gambling Authority betting license cost and how much time does the process take?
The annual license fee is set at €25,000, and the whole process is finished in around two months.
What should I do to obtain the Curacao betting license and what are the advantages?
In order to obtain the Curacao betting license, your servers need to be physically located in Curacao and your software needs to be certified by an auditing company. Also, you will need to have specific sections visibly displayed, such as Terms and Conditions and Refund Policy.
Note that with the Curacao betting license, all banks will open merchant accounts for your transactions and players’ deposits and withdrawals. Also, all sportsbook software will cooperate with Curacao license holders. On top of that, doing business from the Curacao E-Zone means that your business will be exempt from taxation.

Vision:

“We strive to be the premier gambling regulator in the country, consistently maintaining and enhancing public trust with integrity, transparency and credibility.
We also aim to transform the gambling industry for the benefit of all our stakeholders.”

Mission:

“We will protect the interest of the public by ensuring the integrity of legalised gambling through strict enforcement of applicable legislation, the licensing of qualified entities and individuals, and fulfilling the objectives of the Provincial Government to deliver a significant source of revenue, enhance tourism, develop and transform the gaming and horse racing industry, whilst promoting broad socio- economic and employment opportunities.”

Transformation Fund TOR(Documents->Transformation Fund Menu) PLEASE NOTE: The entity’s Gambling Regulator Online Portal (GROP) is now LIVE!

Dear stakeholder please note that we are currently updating the Gambling Statistics Reports for our current Financial Year (2019-20). Thank you for your patience and apologise for any inconvenience caused.

Direct all complaints or comments directly to the Office of the Chief Executive Officer

Getting a Malta betting license

Getting a Curacao betting license

Summary

Online Betting License Cost

FAQ

What betting licenses can GamingLicensing help me obtain?

What do I need for the Malta Gambling Authority betting license?

How much does the Malta Gambling Authority betting license cost and how much time does the process take?

What should I do to obtain the Curacao betting license and what are the advantages?

Transformation Fund TOR(Documents->Transformation Fund Menu) PLEASE NOTE: The entity’s Gambling Regulator Online Portal (GROP) is now LIVE!

Office Closure Notification: 7 October 2020

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