GGNetwork obtains Maltese gaming license
This week, GG Network announced that it had obtained a type 3 Gaming Service license by the Malta Gaming Authority (MGA). In this article, we analyze what this means for the network, its poker rooms, players, and the industry in general.
GGNetwork now has two gaming licenses
In 2019, GGNetwork left several European countries, and now six months later, it became clear that the site made that aggressive decision to move forward with an application to get licensed by the Malta Gaming Authority (MGA).
In a special press release on June 4, 2020, GGNetwork announced that they obtained a Type 3 B2B license from the MGA.
What is a Type 3 B2B Gaming Service?
This is a license for games in which the operator is not exposed to the inherent risk of the business (for example, it is not one of the participants in the game) and receives income from fees (rake) charged to the players.
Such licenses are issues after studying documentation, games, business statistics, internal procedures, terms and conditions, and management overall. After the first year of working with a Type 3 license from the MGA, the operator goes through an audit.
Why does GGNetwork need a Maltese poker license?
Jean-Christophe Antoine, Head of GGNetwork answered this question:
"We look forward to signing new partnerships to continue making Online Poker available all around the world."
In short, GG Poker Network has received a crucial tool for its expansion plan, not only to offer poker in Malta but to outspread on regulated markets. In 2020 we will witness new skins and poker rooms worldwide, with a corresponding traffic boost.
GGNetwork is hot on the heels of with PokerStars in terms of the money guaranteed across monthly promotions, and of course, our grinders enjoy a private deal that boosts the overall rakeback:
- VIP rakeback deal;
- Professional customer service seven days a week;
- Private promotions and tournament tickets on our Telegram channel.
Reach our manager now to get more information:
Email: [email protected]
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