gambling Archives — Beating Broke

The Complete Guide to Obtaining a Gaming License in Malta: Requirements, Process, and Benefits

May 23, 2023 By Susan Paige Leave a Comment

Editors note: this article is for everyone who wants to both travel and start a business.

Unlock the secrets to obtaining a coveted gaming license in Malta – a mecca for online gaming and gambling enthusiasts, boasting a rigorous licensing system that sets the standard for the industry. Get ready to roll up your sleeves and dive into the intricate details of this highly coveted process as our article takes you on a thrilling journey through the nitty-gritty! Get ready to level up your gaming business in Malta! The article covers all the essential steps to snagging a coveted gaming license, from meeting the criteria to calculating potential expenses. Plus, we’ll explore all the juicy benefits that come with having this license for your industry. Influence will help you get a gaming license Malta

Advantages of Obtaining a Gaming License in Malta

Unlock the power of the Maltese gaming market with a coveted gaming license! Businesses that secure this license gain access to a thriving industry that’s only getting bigger. Plus, that’s not all – there are countless other perks to obtaining a gaming license in Malta.

By obtaining a gaming license in Malta, businesses can unlock the door to the vast and diverse market of the European Union, opening up a world of new opportunities and expanding their customer base beyond their wildest dreams. Thanks to Malta’s EU membership, the possibilities are endless!
Unlock the power of the gaming and gambling industry by obtaining a license in Malta! Enjoy a low corporate tax rate and exemption from the capital gains tax, making it the ultimate choice for businesses looking for success.
Join the winning team and make your online gaming business soar! Malta’s strict licensing system is renowned and obtaining a gaming license from this reputable jurisdiction will boost your business’s credibility and trust with customers.
Looking to save some dough on your gaming license? Look no further than Malta! With lower costs than other jurisdictions, businesses can keep their setup expenses to a minimum.

Key Criteria for Obtaining a Gaming License in Malta

Ready to take on the world of online gambling in Malta? First, you’ll need to prove you’ve got the technical know-how and financial chops. Oh, and don’t forget to bring your ID and some evidence of where your cash is coming from. But that’s not all! You’ll also need to show off your understanding of gaming ops, anti-money laundering laws, and data protection regulations. Let’s get this party started!

If you want to get your gaming business off the ground in Malta, you need to follow some rules. To start, you gotta prove that you’re playing by the book – and that means developing some internal controls and filing regular reports. Oh, and your software solution better be certified for fairness, security, and safety! But it’s not just about the business: you gotta show that you care about players too. That means taking measures to protect vulnerable individuals, like minors or problem gamblers. So, are you ready to play by the rules?

Don’t let hidden fees and costs catch you off guard when applying for a gaming license in Malta! From application fees to annual charges, it’s crucial to crunch those numbers and budget wisely before submitting your application. Trust us, your wallet (and sanity) will thank you later!

Conclusion

Want to enter the online gaming and gambling industry? Look no further than Malta! With easy licensing procedures, low tax rates, and access to the European market, Malta is the place to be. But don’t think it’s a free-for-all – strict criteria must be met, including technical capabilities, financial resources, identity checks, and source of funds. And of course, there are costs involved. But with all the benefits, it’s worth it to take your gaming business to the next level.

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Best Slot Games To Play

February 27, 2020 By Susan Paige Leave a Comment

Editors disclaimer: Beating broke does not endorse gambling, however some people enjoy gaming as a means of entertainment. This is okay provided that the amounts being wagered are very small. It should also be noted that relying on winning the lottery is not a good retirement strategy.

Now that that is out of the way, without further ado here are two games: Liliths Inferno and Spina Colada.

Lilith’s Inferno

This slot game has a huge range of special features to keep you engaged such as the free spins mode of play, activated by getting three scatters.

And the more of these scatters that you get, the more chances you have to get additional spins as well.

However, there is a catch. First, Lilith has to get past a beast in the beginning round for any of that to happen. Will you help her fight off the villain and earn free spins?

It is worth noting that during the free spins rounds, there are other symbols which become available on the fifth reel in the form of ancient relics.

Getting three of these will award you with a three times multiplier on all wins thereafter for any spins you have left to take.

However, should you have less than three relics collected, do not fret as even these are then treated generously and transformed into wild symbols and placed at random on the reels after the last free spin has been taken.

Spina Colada

Get back in the summer spirit with Ygdrassil’s Spina Colada slot game. One of the newer slots released by Ygdrassil, play to win with Pina Coladas and summer sun.

This online slot game is based around the theme of a tropical beach bar, and has multiple cool extra features including a re spin feature, where you can spin the reels and get more chances to win.

If you can manage three or more symbols on any one of the pay lines, then you will trigger this awesome feature, so long as you manage to get the same symbol in any space on the reels.

To get a multiplier, just fill a column and that gets you extra multipliers on top of randomly triggering four exciting extra features.

Extra features included with this fantastic Spina Colada online slot includes wilds, a second chance, a guaranteed win x3 and a full line – according to Ygdrassil.

Should you manage to trigger any of these features four times, you can then get a free spins round and a bonus activated.

And, don’t forget, you can always play at Umbingo.com.

Photo credit, Umesh Gopinath, Via Flickr.

Things To Know About Mobile Slot Games

November 14, 2019 By Susan Paige Leave a Comment

Technological advancements are happening every minute, and they have simplified our lives to a great extent. Whether its online shopping or games, people prefer to perform any activity without leaving their comfort zones.

The online slot gaming industry is booming, and more companies want to invest in this venture. Yet it is a relatively new field that people are still exploring. Gamers have multiple queries about the mobile slot game and how it functions. This guide provides you with answers to five common questions.

What are mobile slot games?

Mobile slot games are an exact virtual replica of the original version that is available in a casino. It is a gambling game that includes more than two reels, and a person is supposed to place bets, then spin to win.

A slot has a specific number of symbols and icons, all of which are associated with different amounts of money. Every online slot game is connected to software called the random number generator(RNG). It creates a million possible combinations, and the results can’t be manipulated.

What are the types of online slots?

Well-known companies or individual creators have developed there own versions of the slot games, and every game has its features. The games can be downloaded and installed on your phones or tablets.

Some of the online slot games include the iOS slot, Android slot, or Nokia slot. In the online realm, three-reel slot games are the easiest, while multi-level bonus slot game being the toughest.

How to play mobile slots?

As a beginner, you should not bet any money; sites allow you to play mobile slots without any payment or risk. Try different types of slots and decide which one suits you the best. You can try your luck with free spins. Most companies offer free spins to people that are playing for the first time.

If you win anything through free spins, then you can use that cash prize to play more games. You can either play a high volatile game or tone down and divide the betting amount. There is no sure way to trick the machines and win jackpots every time.

What are the common myths?

People have certain superstitions attached to the outcomes of the RNG. First, the slot is hot or cold. People believe that a machine that hasn’t hit the jackpot in very long is about to win. People also try to prove that online slots are rigged so that people don’t hit the jackpot.

There’s an ongoing debate on whether the odds of winning are better with land-based games as compared to online. Another misconception about the online slots is that you have better chances of winning at a particular time of the day.

How to protect yourself from frauds?

Not every gaming site is reliable; some might rob you and leave you bankrupt. People who are first-timers or may be prone to gambling addiction might want to take due precautions to protect themselves.

You should check the company’s licenses.
Assess the brands endorsing the game.
Ensure secure payment options.