Licensing Fee Online Casino License

The Curacao e-Gaming Licensing Authority has received a responsibility to regulate an online gambling industry from Curacao Ministry of Justice in 2002. Before that, it was controlled by the Curacao Gaming control board. How to get a license for online casinos? Getting a license is a crucial step.

Malta has one of the more popular licensing authorities for
online gambling in Europe. The island is located in the
Mediterranean and is a full member of the EU. The country first
started regulating online gaming in 2000 via the Public Lotto
Ordinance. Malta then joined the EU in 2004 and thereby became
the first EU member state to regulate online gambling.

Today, all forms of gaming in Malta are regulated by the
Lottery and Gaming Authorities (LGA) under the Remote Gaming
Regulations, 2004. Malta appears to be one of the safer
licensing authorities in the world due to its strict standards
for gambling sites and status as a full member of the EU.
However, that hasn’t always proven to be the case in reality.

Is This a Legitimate Licensing Authority?

A license from Malta doesn’t mean much from the player’s
point of view. The LGA does appear to have strict licensing
standards, but only in theory. In practice, the LGA awards
licenses to operators fairly easily, and it doesn’t follow up on
many of the published safety standards required by the LGA.

Experienced gamblers look at a license from Malta as no big
deal. There have been numerous cases in which companies licensed
by Malta have confiscated player funds and refused to work with
players to have those funds returned.

Malta doesn’t involve itself in casino-player disputes. It
maintains the right to revoke licenses, but it does not seem to
follow through with much action when things go poorly.

On the other hand, a license from Malta isn’t a stamp of
death. PokerStars is the safest and most respected poker site on
the planet and it does have a license from Malta. The catch is that
PokerStars lives up to high standards of its own accord, and not
because of anything Malta does.

If you’re considering playing at a site licensed in Malta,
your best bet would be to continue to do your research. There
are both good and bad gambling sites registered under this
authority. You’ll have to let each site’s reputation speak for
itself. A license from Malta isn’t in itself a guarantee of
quality or lack thereof.

Licensing Process and Fees

There are four different types of licenses a gambling company
can apply for in Malta. The initial application fees aren’t
terribly expensive, but Malta does charge ongoing fees that add
up. With upwards of 500 sites licensed by Malta, these fees add
up to a significant source of income for Malta. The most recent
reports we could dig up indicate Malta earns roughly €50 million
per year from its licensing activities.

Below are the four types of licenses and their associated
fees. Note that all licenses incur an initial application fee of
€2,330, a system audit fee of €1,770 and an annual license fee
of €8,500 in addition to the following fees for each type of
license.

There’s also a cap of €466,000 per year in total taxes and
fees for any one license.

Class 1 License

A Class 1 license is issued to sites that have casino-style
games such as blackjack, roulette, and slots.

  • €4,660 for the first six months
  • €7,000 per month after that

Class 2 License

A Class 2 license is given to operators who manage sports
betting types of wagers that include a vigorish/juice.

  1. 0.5% tax on total gross amount of bets placed

Class 3 License

A Class 3 license is issued to operators who take a
commission on peer-to-peer bets such as poker, bingo, betting
exchanges, and lotteries.

Song
  • 5% of total real income

Class 4 License

Song Licensing Fees

A Class 4 license is issued to those who manage and host
gaming operations. For example, software providers who manage
the games/bets but aren’t actually involved in taking bets for
their own profit.

  1. No fee for the first six months
  2. €2,330 for the next six months
  3. €4,660 per month thereafter

If you have more questions or concerns about the different
types of licenses or fees you can always visit thie website or
contact them by phone or email. Below is all the contact
information for the Lottery and Gaming Authorities in Malta:

  • Website:http://www.lga.org.mt/
  • E-Mail:[email protected]
  • Phone: +356 2546 9000

Pennsylvania first legalized casino gambling in 2004, when Governor Ed Rendell signed Pennsylvania’s Racehorse Development and Gaming Act on July 5, 2004.

The new law (HB 2330) permitted suitable facilities to apply for slot licenses.

This seems simple enough, but as a non-gambling state the law ended up being 145 pages long, and called for the creation of the Pennsylvania Gaming Control Board (PGCB) and created three separate categories of slot machine licenses.

Category 1 licenses were designed to bolster the state’s existing racetracks, and Category 3 licenses aimed to do the same for the state’s resorts.

Licensing fee accounting

Sandwiched in between is the Category 2 license, awarded to new facilities with no history of gaming or operating a hotel that were required to be located in designated “tourist” areas, including two in Philadelphia and one in Pittsburgh.

In 2010, the state further expanded their land-based gaming, adding table games to the list of approved games through SB 711.

Each of Pennsylvania’s gaming licenses has its advantages, but at the same time each category of license presents its own limitations.

Category 1 License – Racino

Category 1 licenses were designed specifically to assist the state’s struggling racing industry. Under Pennsylvania’s 2004 casino law, each of the state’s existing racetracks were able to apply for a slots license and turn their facilities into what is known as a racino – a combination racerack/casino – with no more than seven Category 1 licenses to be awarded.

A Category 1 license permits the facility to house up to 250 table games and 5,000 slot machines.

Six racetracks have been approved thus far, leaving the state with a single Category 1 license to be awarded:

  1. Harrah’s Philadelphia
  2. The Meadows Racetrack and Casino
  3. Mohegan Sun at Pocono Downs
  4. Parx Casino and Racing
  5. Penn National Racecourse
  6. Presque Isle Downs

Even though they essentially pay the same licensing fees as Category 2 licensees, the six racinos in Pennsylvania must adhere to several rules in order to keep their Category 1 license in good standing.

Racinos applying for a Category 1 license must meet one of the following requirements:

  1. Existing racetracks are required to host live racing for at least two years prior to being awarded a license, and live racing must occur at the property at least 100 days per year.
  2. New properties applying for a Category 1 license that have never hosted live racing must host live racing for a minimum of 150 days by the second year of their license being approved.

Current proposals in the state legislature are considering softening the requirements for live racing.

Category 2 License – Stand-Alone Casino

Category 2 licensees are what many of us would consider a classic casino.

Pennsylvania authorized up to five of these stand-alone casinos. So far four have been approved:

  1. Mount Airy Casino Resort
  2. Sands Casino Resort Bethlehem
  3. Rivers Casino in Pittsburgh
  4. SugarHouse Casino in Philadelphia

Just like Category 1 licensees, Category 2 license holders are permitted up to 250 table games and 5,000 slot machines. They can also offer the amenities of any major resort casino, including restaurants, spas, and entertainment options.

There is one catch, however. Category 2 casinos are not permitted to operate hotels on premises – there is some leeway to build a hotel elsewhere on the property.

They also must be located in major cities or tourist areas, and cannot be within 30 miles of a Category 1 facility.

Category 3 License – Resort Casino

Pennsylvania law allows only three Category 3 licenses to be issued, and so far only two have been awarded.

  1. Valley Forge Casino Resort
  2. Lady Luck Casino Nemacolin

Category 3 license holders are the most restricted in terms of gaming options, as they are allowed up to 600 slot machines and 50 table games on premises, but these are also the only gaming facilities that have attached hotels.

Still, the use of the term resort casino is a bit of a misnomer in Pennsylvania, as it tends to conjure images of the multi-billion dollar destination casinos in Las Vegas.

But in Pennsylvania a resort casino is essentially an existing hotel/resort property that is outfitted with a small amount of gaming devices. These are not casinos with hotels. These are hotels where the casino is simply just another amenity on offer.

Not surprisingly, the fee for a Category 3 license was initially set at only $5 million whereas Category 1 and 2 licensees paid $50 million. A subsequent additional licensing fee was also collected when Pennsylvania added table games in 2010.

Category 3 licensees must also deal with the unenviable “membership” issue. By law, only guests at the hotel, or “members,” are allowed to gamble at Category 3 casinos. To become a “member” at one of the state’s three resort casinos a person must pay a yearly membership fee.

Legislation set to be introduced in the near future would eliminate this severe handicap.

When you compare Category 2 and Category 3 licenses, the trade-off in Pennsylvania appears to be that if you want to operate a hotel/casino (a Category 3 license) you are limited in the amount of gaming you can offer and must restrict access to your casino.

Licensing Fee Accounting

Conversely, if you want to be a full-fledged casino you cannot operate a hotel.