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Bank Relationships

iGamingServices assists the licensee in working out the bank accounts that are required and how these accounts will be operated. This is especially important with regards to keeping players' funds and company funds according the LGA regulations.

This assistance is often delivered during the Business Plan stage as well as during the Control System documentation when workflows are being established for the various operational tasks.

A licensee will be required to open bank accounts. Often times, the licensee is setting up a brand new company and being foreign, has no previous relationship with for example Maltese banks.

Dealing with a bank involves establishing several relationships with different branches. For example bank accounts and credit card processing facilities are run by different departments. iGamingServices helps with making the right introductions and facilitating the process for both the bank and the licensee.



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Highlights
Malta Remote Gaming Licenses

The 2004 Remote Gaming Regulations have extended the range of foreign betting operations that can be performed from Malta. License are now available for online casinos, casino-style games, betting exchanges and lotteries. These new laws encourage new remote gaming business by providing a serious and regulated environment whilst retaining significant fiscal and operational advantages.

LGA releases VAT guidelines

Malta 24th Mar 09: LGA sets out the basis for defining services that are strictly, required, related and essential, and which form part of the on-line gaming transaction itself [Read more].

Job Openings

Job opening for a Business Development Manager [Read more].

 
 
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