|Online gambling software developer and turnkey provider Microgaming Software Systems Ltd has announced that it has been awarded a Class Four Internet gaming licence for its casino product by the Lotteries and Gaming Authority (LGA) of Malta.|
The Isle Of Man-based company stated that the license would benefit its partners wishing to operate within the European Union (EU) and make it easier for operators considering Microgaming software and wishing to be based in Malta to move. It said that a number of its operators have already initiated the process of obtaining a Maltese licence on the back of its receipt of a Class Four license from the LGA.
“We are delighted to have been granted a Maltese license for our casino product and look forward to being able to offer our operators this gateway into the EU,” said Roger Raatgever, Chief Executive Officer for Microgaming.
“The review process involves a rigorous technical assessment and it is always rewarding when your own high standards are recognised by others, more so when it’s a European Union jurisdiction such as Malta.”
Malta was the first EU member state to regulate remote gaming and it offers four classes of remote gaming licences. Applicants must undergo probity checks as part of a wider fit and proper exercise, business and technical assessment and a compliance audit.
Microgaming stated that this Class Four casino license would complement the Class Three licence it was awarded for its poker network earlier in the year.