Licenses
Gambling in Malta
Around the world, gambling dates back to ancient times.
One of the first games of chance in Malta was the Ic-Cippitatu.
The name Cippitatu comes from a rendering of the Latin, Accipe Totum meaning take all.
In the 17th century, small lotteries became all the rage in Europe.
It did not take long for Malta to catch on, and with that, regulations had to follow.
Regulation of gambling in Malta started in 1921, with the establishment of the Lotto Regulations.
Lottery games were legalised in 1922 and in 1948 the Malta National Lottery was launched.
The state lottery garnered plenty of domestic and international attention, as more players from abroad took part.
The fixed odds licence includes the right to provide sports pregame betting markets and live markets.
With the pool betting licence, operators can provide all sorts of games where players play against each other.
Games of skill are distinguished in their own right and do not fall under the category of casino games.
This basically involves wagering on outcomes that are predominantly determined by skill and knowledge rather than chance.
An example of skill games is fantasy sports.
These vary based on what pop in of gaming services the operator provides.
Reducing the hassle of banking at any establishment can make players feel more comfortable playing there.
They need to meet the requirements of Shared Capital and the annual Financial Statements, that reports data.
Thus, each member individually and as a collective will be considered a licencee.
