Top 4 MGA Casinos - April 2021
The List Of MGA Casinos -April 2021
We have searched the web and collected the best, safest and most reliable online casinos with MGA license. The casinos you find in our list are all secure for players from Scandinavia, Germany and Holland even though they are viewed as casinos without a license, so called "casino utan licens" or "casino ohne lizenz" as they are referred in those countries.
What is a MGA licensed casino?
For any online casino, a license from the MGA directly translates to trust. The Malta Gaming Authority is one of the largest regulatory bodies in the world. Over the years, it has raised the standards within the world of iGaming and put license applicants to the strictest tests to sift the best gambling operators.
The MGA aims to make gaming safer and fairer, which is why it incessantly focuses on setting new benchmarks to protect the interests of players worldwide. The authority also works towards meeting the ever-evolving demands of the iGaming market and ensuring that gaming is kept crime-free. Regular punters would know a majority of online casinos are MGA licenses.
Why are MGA casinos called casinos without license?
Casinos that don’t have a license for a specific Nordic country are often called ‘casinos without license’ or ‘casinon utan licens,’ or even ‘unlicensed casinos’ (olicensierade casinon in Swedish). But that’s actually not true, because they usually have a MGA license. A better term for ‘casinos without license’ is ‘casino utan svensk spellicens,’ which means ‘casinos without Swedish license.’
Even if these casinos are unlicensed in the Nordic countries, a single MGA license would earn them the credibility and vote of confidence they need. The authorization means such casinos are competent to protect players from being exploited, meet the requirements that apply to the gaming jurisdiction and adhere to the associated laws and regulations.
A license from the Malta Gaming Authority is no less than the holy grail for casino operators online. It is coveted and difficult to get. But, those who get it, rank high on the credibility meter.
Should players choose MGA casinos?
A player choosing to play at an MGA licensed casino is completely a matter of personal preference. It also depends on the country to which the player belongs. Online casinos that are MGA licensees come with a mixed bag of advantages and disadvantages, the former greater than the latter.
For instance, you could receive more and better bonuses, tighter player protection, significant relief from strict national exclusion programs, unlimited deposits, and zero spin intervals. Depending on what you are looking for, casinos with an MGA license could be the way to go.
Major advantages of MGA-licensed casinos
These are the benefits of playing at MGA-licensed casinos:
Safety and Accountability
It is a priority for players to choose casinos that are safe and secure to play. Many gamblers are under the impression that it is only safe to play at casinos with a license from Holland, Germany, or Scandinavia.
However, the MGA rules the roost. A gaming license from this jurisdiction means an online casino follows all the rules and regulations specified by the Maltese government to protect player interests. In other words, you can be at peace when playing at MGA-licensed casinos.
The Malta Gaming Authority offers a formal channel for players to complain about any MGA-licensed online casino. An MGA casino, therefore, always rings of reliability and accountability.
No National Self Exclusion Programs
Casinos licensed by the MGA are outside national self-exclusion programs such as Gamstop and ROFUS. However, it has its own Unified-Self Exclusion Program which applies to land-based as well as remote gaming operators. We will tell you why the latter is better.
The Scandinavian self-exclusion programs let players turn themselves off from all gambling activities and advertisements for 1 month, 3 months, 6 months, or until further notice. The players must register with their social security number. For the monthly schemes, the shutdown is reverted at the end of the period.
If a player chooses to shut off until further notice, he or she may choose to end it after 12 months or leave to continue. However, under no circumstances can players undo, change or terminate the pause before time. This means all you can probably do is buy lotto tickets at the supermarket and sulk. The data of excluded players are handled by gambling operators, so if you attempt to log in or create another account, you’d be expelled immediately.
However, the MGA has no such rules. Its self-exclusion program is not designed for a pause on all gambling operators. Even if a player excludes himself from one MGA casino, he can always play at another. Also, even if a player suspends himself via a national self-exclusion program, he would still have the opportunity to play at casinos that are MGA licensed.
More bonuses at MGA casinos
Players always want to get access to the best casino bonuses. In this regard, an MGA-licensee operator is the casino of choice because bonus limitations are less. For instance, casinos with a national license (not MGA license) have something called the one-bonus-per-player rule, which limits players to just the welcome bonus. No loyalty programs, VIP bonuses, cash backs, or free spins. It can be a major let-down for regular players who are likely to resort to MGA-licensed casinos that offer more than just the welcome bonus.
No limitation on spin interval
Beyond limited bonuses, the gaming authorities in Germany, Holland, and Scandinavia also impose something called the 3-seconds spin interval to prolong the time between two consecutive slot spins.
No deposit limitations
In casinos that have a license in Holland, Germany or Scandinavia there is strict regulation around how much a player can deposit every week or month. In Germany for instance you can’t deposit more than €1000 in total a month at ALL casinos that have a German license. So for instance, if you lose €1000 playing on one casino or betting site, you won’t be able to play for a month. Unless you turn to a casino without a german license, meaning MGA licensed casino.
Although done in good faith to curb compulsive gambling, it only turns the gaming experience bland. This is an instant turn-off for loyal players and high rollers. Thankfully, we have the MGA to let gamblers responsibly play the way they want.
Why is an MGA license recommended for an unlicensed casino?
These are the primary reasons why unlicensed casinos should opt for an MGA license:]
- The licensing procedure is straightforward, quick, and hassle-free.
- The fee is low and taxes are applicable only on the revenue generated from Maltese players.
- The MGA is one of the most respected licensing authorities in the world.
- Online casinos with a license from the MGA has a better scope of advertising their products and services.
Frequently asked questions about MGA Casinos
Is it safe to play at an MGA casino?
Yes, it is safe to play at an MGA casino without a Nordic, German or Dutch license. If a casino has a gaming license from the MGA, it means the requirements that apply to this license have been met. Even if MGA is not as strict as the German, Dutch and Nordic licensers, this can be an advantage for players, especially regarding bonuses and benefits that are offered.
Are winnings at MGA casinos tax-free for Scandinavian players?
No, there is no tax on MGA casinos winnings. Since Malta is in the European Union there are no taxes on your winnings if you are a player from another EU country. If you are from Norway then you have tax on your winnings if you play at an MGA casino.
Are Dutch, German and Scandinavians allowed to play at a casino with an MGA license?
Yes, Ducth, German and Scandinavians can play at a casino with an MGA license safely and legally. None of the countries has banned international casinos that are not locally licensed.
What documents are required at a MGA casino?
The general registration process at a MGA-licensed casino requires players to enter a username and a password. In the event of a win, you might need to submit certain documents to prove your physical address and identity. Some MGA operators have Trustly as a payment option. This makes it easier for players to prove their identity because Trustly is directly connected to the bank and enables payments within minutes.
How quickly does a MGA-licensed casino pay out winnings?
Online casinos with an MGA license offer several payment methods for the fast payout of winnings. The fastest methods include e-wallets such as Skrill and Neteller. The withdrawal time is almost immediate. Trustly is another payment method that enables quick withdrawals within 5 minutes. See all Trustly casinos here.