On 2nd July 2025, the Malta Gaming Authority
("MGA") published its Capital
Requirements Policy (the "Policy"),
which introduces new financial obligations for licensed entities.
In addition to satisfying and maintaining minimum nominal share
capital throughout the duration of a licence, the Policy introduces
requirements to maintain a positive equity position, and to restore
negative equity within set timeframes.
The objective of the Policy is to ensure that licensees have
sufficient capital resources to support continued operations and
long-term growth, thereby safeguarding the financial sustainability
of the gaming industry.
The Policy applies to both applicants and existing MGA licensees
offering B2C gaming services by remote means and, or offering B2B
critical gaming supplies. Whilst the Policy comes into force with
immediate effect, a transitional period is being granted to both
new and existing licensees. In the event of non-compliance, the MGA
may take