MGA license stands for Malta Gaming Authority License and is a gaming license from Malta. It is one of the most popular gaming licenses for casino sites and the one that most people provided before the Swedish gaming license was added. MGA is like the Swedish Gaming Inspectorate, which ensures that online casinos comply with the provisions that exist for the license.
It is about security, gaming responsibility and control so that no sites break the rules that exist and thus no players end up in trouble. There are an infinite number of casino sites that hold MGA licenses and are both safe and fun to play on. Read more in our guide about the license to take part in important information such as taxes, payment methods and bonuses.
MGA casino without Swedish licenseAs previously mentioned, there are an incredible number of casino sites with an MGA license and more and more are added during the months. You will find everything from sugary casino sites to those with Egyptian themes but also those that offer a combination of betting and casino. But as always when you choose to stay away from the Swedish market, risks are added and all possible precautions should be taken. MGA casino without a Swedish license does not have to be bad or less secure, they more often than not have excellent customer services that are open around the clock to help you with any errors. However, what is missing at MGA casino without a Swedish license is the connection to the general game break that Swedes use to easily shut themselves off from all games. Of course, it is possible to pause your play at these online casinos as well, but you must contact the casino yourself to make that suspension..
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Tax-free profits with MGA license
An advantage of playing at Swedish-licensed online casinos is of course that there are always tax-free winnings. What happens when Swedish players choose to explore the foreign market?
Well, in fact, it is tax-free profits with MGA license! So if you choose to play at a casino where they hold an MGA license, you can immediately take part of the entire winnings without having to declare and tax. The reason for this is that gains such as these according to the EU / EEA should not be taxed and therefore apply to the entire Union as well as Iceland, Lichtenstein and Norway.
How do I know if a casino has an MGA license?
To know if a casino is tax free, you need to find out what license the gaming site has. This is easily done by scrolling down to the end of the web page, where it then says in small text which license they are under. You should also see their MGA logo at the bottom of the page, where you can easily click on the Malta Gaming Authority's page for more information on the license.
Deposit money with Trustly at MGA Casino
A consistent trend that we have seen for MGA-licensed casinos is precisely their modern and large range of payment methods. You will find everything from bank transfers, popular e-wallets to the big favorite Trustly. So you can more often than not deposit money with Trustly at an MGA Casino.
This is obviously something that we see as something incredibly positive as Trustly is the Swedes' all time favorite and one of the absolute safest payment methods. With Trustly, you can quickly and easily both deposit and make withdrawals at your favorite casino, by quick withdrawals we mean that you have the money in your account within 5 minutes.
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Benefits of a Maltese Casino
1. More bonuses at MGA casinos
What probably attracts the most are bonuses. At an MGA casino, bonuses are often distributed to players and it can be anything from free spins, weekly cashbacks but also other fun that makes your experience better at the chosen casino.
This is something that Swedish-licensed gaming sites can no longer or may not offer their players. The Gaming Act only allows one bonus per person and license. But the bonus has also been regulated now during 2020, as it has a maximum ceiling of only SEK 100.
2. Large range of games at MGA-licensed gaming companies
In addition to the large range of bonuses, MGA-licensed sites also have a large range of games, unlike the Swedish licensed market. You will find more and more often around 30 different game providers with a range of games that extends over 1500 games at the Maltese gaming companies.
Malta licensed casinos offer loyalty programs
Something that also disappeared when the Swedish gaming law came into force were all the loyalty programs that the casino companies started up to reward their players.
A loyalty program is a built-in game inside the casino, where you collect points by playing slots, poker and more. Inside the casino. You then climb levels and are rewarded with all sorts of bonuses for each level achieved.
4. MGA casinos with no deposit limit
The Swedish-licensed gaming companies have gone on another regulation, namely a maximum limit for what each player can deposit. This ceiling extends to SEK 5,000 a week and then the player has to wait until the new week to deposit more into their gaming account. Today, there are several MGA casinos with no deposit limit.
This deposit limit is not available at MGA-licensed casino sites and if you know that the deposit limit for the Swedes is too low, an MGA casino may be something for you.
- More Casino Bonuses
- Large selection of games at casinos
- Casino loyalty program
- No deposit limit at casinos
- read more about online casino at lavoixentournee.com
More bonuses on MGA-licensed casino sites🎁
With the Swedish gaming license that came into force on 1 January 2019, Swedish-licensed gaming sites have received limited bonuses. They are therefore only allowed to distribute one bonus per person and license, while the MGA license has no block for its licensees.
It is therefore not uncommon for you to see more bonuses on MGA-licensed casino sites and thus perhaps get a taste for the foreign market. At these gaming companies you will find everything from cashbacks, free spins to incredible loyalty programs where you are rewarded after each level reached.
Something that unfortunately no longer exists on the Swedish licensed sites and which is missing by the most diligent players.
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Disadvantages of an MGA Casino
With a large number of advantages, there are also disadvantages with an MGA casino. The biggest factor is of course the security that to some extent disappears when playing at a foreign casino.
1. No game break
When you sign up for a gaming break at Spelpaus.se, only all Swedish-licensed gaming sites are covered. Therefore, there is a great risk of switching to foreign gaming sites. The general game break is not there for you who have difficulty with the game and you instead need to actively go in and contact the selected game company to make a game break.
2. No Swedish translation
Because non-Swedish licensed gaming sites are not allowed to target Swedish players, you will not find any Swedish translation when you surf into a Maltese casino. This is obviously something that can be difficult for those who do not understand English so well and therefore a negative part.
3. Foreign currency
You can also not play with the Swedish krona as your currency, but may apply for other currencies. Other currencies available on these sites are the US dollar and the Euro, but of course there are usually more depending on the chosen casino..
4. No deposit limit
Sometimes deposit limits can be good, especially for those who are aware that several thousand kronor can disappear otherwise.
But this is also not something that foreign gaming sites have as standard, but you must, as with the game break, actively go in and set deposit limits and more..
If you are aware of your weakness for games, we do not recommend that you play at these sites. Contact the Helpline for further help and guidance on your gambling addiction or talk to a relative.
MGA license for Sweden
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As a casino, holding an MGA license for Sweden means a lot. We know that an MGA license is extremely sought after among online casinos. With their security and experience, there are also rock-hard reviews from the Malta authorities in particular. In addition, it is cumbersome and takes a long time to get. This is then precisely an advantage for everyone who plays, because then you know that the casino in question is not a scam.
The Maltese license is both time consuming and expensive to obtain, at the same time you have to apply separately for all your casino activities. For example, if a casino conducts betting and lotto on its site, you must apply for these separately as well. If you compare with e.g. The Curacao license can be applied for directly for your entire business.
- Safe and tax-free within the EU
- Complicated for casinos to get
- Maltese license for online casino
- Sought after for online casino
- Our favorite casino license