KRESSE LAW: GAMING LICENCE OBTAINED FOR THE MILLIONAIRES’ CLUB

MALTA GAMING AUTHORITY LICENCE FOR A NEW LOTTERY CONCEPT

Kresse Law is pleased to announce that our client, The Millionaires’ Club Ltd (TMC), has been granted a type 3 gaming licence, number MGA/B2C/912/2021, effective from 5 March 2025. With TMC, you can win a variety of luxury prizes, including luxury watches, high end electronic devices, trips abroad, accumulating in a jackpot prize of up to one million Euros. TMC will go live in June 2025. 

The Malta Gaming License, being an international licence providing access, not only to Malta, but all other markets not requiring an additional local licence, is one of the most respected and sought-after certifications for online gambling operators worldwide.

Issued by the Malta Gaming Authority (MGA), the license serves as a guarantee that gaming activities adhere to the highest standards of fairness, transparency, and player protection. The MGA has established Malta as a global hub for regulated gaming, offering a comprehensive framework that supports both operators and players.

Compliance and Regulations

One of the most critical aspects of the Malta Gaming License is ensuring that licensed operators comply with a wide range of regulatory requirements. These regulations are designed to protect consumers and maintain the integrity of the gambling industry. Some of the key regulations include:

1.    Player Protection: Operators must adhere to strict player protection measures, including ensuring fair gameplay, preventing underage gambling, and promoting responsible gambling practices.

2.    Anti-Money Laundering (AML): The MGA has stringent AML and Counter-Terrorism Financing (CTF) requirements. Operators must implement robust systems for detecting and preventing money laundering activities, including the verification of players’ identities and the reporting of suspicious activities.

3.    Fairness and Transparency: Games offered by licensed operators must be fair and transparent. This includes the use of certified random number generators (RNGs) and regular audits to ensure that games meet industry standards.

4.    Data Protection: Operators must comply with EU data protection regulations, including the General Data Protection Regulation (GDPR), to ensure that players’ personal data is handled securely and responsibly.

Need a Gaming Licence?

The MGA remains a leading force in the global gaming industry, ensuring that Malta continues to be a beacon of fairness and integrity in the world of online gambling. If you would like to discuss how to acquire an MGA Licence, please contact us.