On Tuesday, the Malta Gaming Authority (MGA) formally issued the national lottery licence to IZI Group plc subsidiary National Lottery plc, a Maltese company, enabling it to take over the operation of Malta’s national lottery for the next 10 years from the previous operator, Maltco Lotteries Limited.

Following a Request for Proposals issued by the Government’s Privatisation Unit in July 2021 and pursuant to the evaluation of proposals, National Lottery plc was granted the exclusive right to operate the national lottery.

In March 2022, a concession agreement was signed to this effect between the Ministry for the Economy, European Funds and Lands and National Lottery plc. The operation of Malta’s national lottery shall be subject to the regulation and supervision of the MGA.

Whilst addressing the event, the Minister for the Economy, European Funds and Lands, Silvio Schembri said “I’m sure that the new national lottery licensee shall continue to enhance the popular games, such as the Lotto and Super 5, among others, as well as introduce other games which will further enrich the games portfolio. Together, we have ensured that the company will be committed to promoting, designing and putting into practice the principles of actively responsible gaming, while protecting the personal well-being of players. The national economic profit that translates from gambling should be given importance, but not at the expense of the player.

Carl Brincat, MGA CEO said “The MGA is confident that the concessionaire shall dedicate all resources necessary to maintain the very highest level of operational and compliance standards, and as has already been made clear, will invest in taking care of its players and doing its utmost to avoid gaming-related harm.”

“Today marks a new era for the national lottery of Malta. The licence attained from the MGA affirms the hard work that we have been undertaking and our commitment to deliver an innovative, forward looking and above all, fair and transparent, national lottery service” said Johann Schembri, CEO of National Lottery plc.

Continue Reading

LeoVegas promotes James Ford to director of gaming

5 October 2022
by Lea Hogg

He has worked with the mobile gaming company for the past five-and-a-half years

John Ferguson appointed British Horseracing Authority board

4 October 2022
by Lea Hogg

He brings a wealth of experience in horseracing, training and bloodstock industries

‘Always a means of learning more’: Adrian Figallo engaged as Steward in F1 Esports Series Pro Championship

4 October 2022
by iGamingCapital.mt

iGamingCapital.mt speaks to Adrian Figallo about his involvement in the prestigious Formula One Esports Series Pro Championship while encouraging others to also take part

Yoel Zuckerberg joins Soft2Bet as chief product officer

4 October 2022
by iGamingCapital.mt

He comes with extensive experience in product and over 15 years of experience in the industry

See more
Close Bitnami banner
Bitnami