Malta Online Gambling License Cost
- The cost of Curacao gaming license cost is fairly low. A full gambling license in Curacao can be obtained for about 60000 ANG (Netherlands Antillean Guilder), which is roughly about 31,500 Euro. The monthly fee is about 10000 ANG, which is equal to around Euro 5,250 for the first two years.
- Malta is the top choice among gaming licenses and is the first country in the European Union to introduce remote gambling regulations. The Malta Gaming Authority (MGA), one of the most prestigious licensing bodies on the globe, issues gaming licenses to casino platform providers to run White Label Casino and White Label Sportsbook operations worldwide.
- Malta VS Curacao gambling license Curacao (Netherland Anthills) is considered one of the most popular online gaming licenses as it has quite favorable gaming jurisdiction.
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?
- Online betting company FansUnite Entertainment (FANS) has seen shares jump after receiving two gambling license approvals
- Company subsidiaries received the Gaming Service License and Critical Gaming Supply License from the Malta Gaming Authority
- With these licenses, FansUnite will now be able to offer the full spectrum of online gambling services in the European market
- The company will now begin business development initiatives to promote its iGaming and sports betting services throughout Europe
- FansUnite Entertainment is up 22.39 per cent and is currently trading for C$0.82 per share
Online betting company FansUnite Entertainment (FANS) has seen shares jump after receiving two gambling license approvals.
Two of the company’s wholly owned subsidiaries, Askott Entertainment and E.G.G Limited received approvals from the Malta Gaming Authority (MGA). The MGA is a gambling regulatory organisation, which provides what is considered to be one of the most prestigious gambling licenses in the industry.
The MGA gave approvals for the Gaming Service License and the Critical Gaming Supply License on December 4, 2020. Both licenses are effective for a term of ten years, from the date of grant.
With these licenses in hand, FansUnite will now be able to offer the full spectrum of online gambling services in the European market. Such services will include casino, fixed odds betting, pool betting, and controlled skilled games.
FansUnite’s CEO, Scott Burton, called receiving the licenses a major milestone in the development of the company as a betting and iGaming business.
“Having spent years building our technology to a global standard that is desirable by international regulatory bodies, we were able to meet Malta’s extremely stringent and rigorous technical, software, and corporate audits and qualify for two separate licenses,” he said.
“With the approval in hand, we will look to continue executing on our growth strategy, by collaborating with new partners in Europe in order to distribute our sports and esports betting platform along with our RNG casino game titles to an extended customer base,” he added.
Malta Online Gaming License Cost
The company will now begin business development initiatives to promote its iGaming and sports betting services throughout Europe. These promotions will extend to both end customers and online casino and sportsbook operators in the continent.
Malta Online Gambling License Costs
FansUnite Entertainment is up 22.39 per cent and trading for C$0.82 per share, as of 11:41am EST.