Home Celestar slot provider launches with MGA license

Celestar slot provider launches with MGA license

Celestar has launched, with the iGaming slot provider receiving a license in Malta, where it is based. 

Backed by a team with over 20 years of experience, the new entity plans to expand across Europe and beyond to deliver games filled with advanced mechanics, engaging features, and high-end visuals. 

Its slots include Aura of Sakura, a five-reel offering with 45 paylines and an RTP rate of 92.5%. Another of their games is Fairy Moon, a typical 5×3 slot with 243 paylines and a maximum win of 5,810x.

With a varied portfolio of titles destined for the global market, the company begins to forge its journey, supported by a Malta Gaming Authority (MGA) B2B license. 

This important authorization allows Celestar to operate in regulated jurisdictions, and it comes at a time when the Maltese authority has updated its regulatory policies. 

Celestar’s license approval is a direct output from MGA’s updated and revised framework, providing enhanced oversight of B2B operations.

Vassilis Trochalidis, CEO of Celestar, detailed what the company wants to contribute to the sector: 

“Our goal is to craft slots that are not just games but experiences, titles that players will return to time and again. We are committed to bringing fresh ideas to the market, with engaging features and themes that resonate across borders.”

He continued, “Being awarded our MGA B2B licence is an exciting milestone, and we can’t wait to immerse players in our galaxy of games that awaits!”

The company is now seeking to partner with various operators, as well as aggregators and platform facilitators.

In recent days, the MGA released its annual report and audited results for 2024, showing the evolution of its key oversight remit.

Over the 12 months, the authority received 28 new gaming license applications, with 17 of those approved and a further 12 operators making existing license renewal applications. 

Eight of those were approved.

 

Image credit: Celestar

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The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Graeme Hanna
Tech Journalist

Graeme Hanna is a full-time, freelance writer with significant experience in online news as well as content writing. Since January 2021, he has contributed as a football and news writer for several mainstream UK titles including The Glasgow Times, Rangers Review, Manchester Evening News, MyLondon, Give Me Sport, and the Belfast News Letter. Graeme has worked across several briefs including news and feature writing in addition to other significant work experience in professional services. Now a contributing news writer at ReadWrite.com, he is involved with pitching relevant content for publication as well as writing engaging tech news stories.

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