Requirements MGA has for new online casinos targeting Finnish players
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MGA has requirements for new online casinos targeting Finnish players. An MGA license grants operators access to markets in dozens of countries worldwide, including Finland.
The MGA will conduct an assessment on your business and all associated persons. The Mga will check with national and international agencies to see if there are any criminal investigations or potential financial/management issues.
All applicants are expected to have an in-depth business plan. It should include a detailed financial forecast with projected Profit and Loss, Cash Flow, Marketing Strategies, and more.
MGA has requirements for new online casinos targeting Finnish players. The minimum capital investment for a gaming license is between €40,000 and €100,00. If multiple license types are required, the costs will be combined up to €240, 000. Technical documentation, incorporation documents and information relating to the games, systems and business procedures must also be produced and checked.
System Review is the first step in the application process. Once it's successfully completed, the MGA will invite you to implement your platform. The Mga will monitor the platform and make sure it adheres to the submitted business plan. If it doesn't, you may be expected to complete another application.
After going live, MGA license holders may be subject to compliance audits. If they fail this audit, their license may get suspended or terminated.
MGA licenses are used by many top Finnish operators and trusted by most Finnish players. They offer the following benefits: Responsible Gambling, Fair Gaming, Safe and Secure Networks, Trusted Payment Methods and Tax-free Operations.
