Pragmatic Play Ltd. – B2B provider of online casino games, has announced that it has been granted a Class 4 license by the Malta Gaming Authority.The company acknowledged that this was an important step, and another vital milestone towards its goal of becoming a leading supplier on online gaming content.
What’s a Class 4 License?
The Malta Gaming Authority gives out four licenses, generally speaking, the highest ranking of which being the Class 4 license that Pragmatic Play Ltd. have been granted.The license will provide the company with the authority necessary to handle games licensing procedures for business clients, as well as host and manage other operators.Pragmatic Play also pointed out that this new license would allow them to attract and serve more business partners and to effectively support growing demand.
Specific needs
Pragmatic Play, which currently boasts a portfolio of over 150 games for desktop and mobile, developed via HTML5 and Flash technology, and available in 78 countries, made its next step clear.The operator intends to focus its attention on the specific needs of its Malta-based clients, and how best to meet that need and provide its Maltese players with a unique gaming experience.
Malta
Malta is one of the most popular and leading iGaming jurisdictions, not least due to its low fees and taxes, relative to the majority of other jurisdictions.But this is not the only reason, there is also a focus within Malta on high-end technology, aiming to enhance player experience. Malta has also been working on stricter regulations to protect the security of the industry.All of these factors are reasons why Malta is such a popular destination for iGaming companies, and why Pragmatic Play Ltd. are, one assumes, delighted to have been granted the highest ranking license in the jurisdiction.