Many of the best-rated online casinos in the world have a license from the Malta Gaming Authority (MGA). The licensing authorities are known for being reliable and for supporting safe and fair gambling practices. However, while the positives outweigh the negatives, there are some downsides to choosing an MGA casino. In this article, let’s examine the pros and cons of MGA casinos.
The role of MGA in the online gambling industry
The online gambling industry is notorious for fraudulent activities, gambling addiction issues, and other problems. Amidst it all, MGA casinos follow high standards and often provide the benchmark for other casinos. Such platforms encourage players to practice responsible gambling and care for their monetary and mental well-being. Moreover, such casinos are monitored closely by the authorities and promote fair play and safe gaming at all times. The following are some of MGA’s major goals.
- Bring transparency to online gambling
- Protect minors from engaging in casino activities
- Safeguard sensitive player information
- Ensure fair play through proper guidance and monitoring
Top benefits of becoming a player in an MGA casino
The following are the pros of becoming a player in an MGA casino.
- Fair gaming
- Responsible gambling
- High-quality games
- Good payment options
- High payment limits
Fair gaming
The MGA authorities ensure that only fair and safe gambling activities are enabled on the casino sites they license. Therefore, you need not worry about getting scammed or unfairly losing money while gambling. On MGA-licensed casino sites, you have as good a chance as anybody else to win big. The results are randomly generated and not manipulated in any manner.
Responsible gambling
MGA-licensed casinos effectively curb gambling addiction. Players are properly guided on being safe while gambling and avoiding spending too much money. You can contact the customer support team for immediate assistance in case of any concerns. The team will lower your deposit limit, pause your account or terminate it depending on the severity of the issue. You can further access detailed gambling records to determine if it is under control. MGA further encourages you to impose limits on your spending and gambling time.
High-quality games
MGA casinos prioritize player satisfaction and provide several premium game and sports betting options. Combined with these sites’ various bonuses, you can have a fun and rewarding experience. Top MGA casinos work with big names in the industry, such as Pragmatic Play, Evolution, NetEnt and Red Tiger. Therefore, the quality of the games is never compromised. You can choose from top gaming categories like bingo, slots, table games, jackpots, and more. There are various tournaments to participate in as well.
Good payment options
Regardless of where in the world you are, a well-established MGA casino makes you feel comfortable by offering several convenient payment options. It rules out the need to spend time and effort converting your winnings to your home currency. Here you choose the once who stay ahead in the competition.
For example, many MGA casinos enable payments through Trustly and Zimpler, which are popularly used in Sweden. Other top payment methods include VISA, Skrill, Mastercard, and Neteller. Some casinos further support cryptocurrency payments, and their value is the same worldwide.
High payment limits
MGA casinos have higher deposit and withdrawal limits compared to similar other platforms. For instance, you cannot deposit much money on a Swedish-licensed casino site. This benefit makes MGA casinos a top choice among high rollers who like to play with large amounts of money. Moreover, some MGA platforms increase the payment limits as you grow as a player. It does not mean that you are at risk of spending too much money. Your deposit limits can be lowered quickly if there is an issue.
The downsides of playing on an MGA casino
As safe and reliable an MGA casino is, it has certain downsides, such as the following.
- VPN required
- Payment concerns
VPN required
MGA-licensed casinos are banned in several countries. It is mainly because many countries have strict rules regarding online gambling and do not welcome foreign casinos that they cannot regulate. Therefore, though MGA sites are safe to use, they are not accessible to players in several countries. The only way to gain access is by using a strong VPN service. Many players find it worthwhile since MGA casinos provide a worthwhile gambling experience.
Payment concerns
While many top MGA-licensed casino sites support various payment methods, it is not often enough. Players from some countries may find it more difficult to process payments compared to others. For instance, Swedish players prefer to make deposits and withdrawals through Trustly and Zimpler. However, not all MGA-licensed casinos support these payment methods. In such situations, they will have to choose another option or a different casino.
To sum up, MGA casinos are not perfect, but they have more benefits to offer their players compared to similar sites. While there are a couple of blips, like having to use a VPN, you can have a great time placing bets and playing games on an MGA casino platform.
