Friday, December 2, 2022
spot_img

National Lottery gains MGA licence approval

Image: Shutterstock

National Lottery has secured its licence from the Malta Gaming Authority in preparation for its takeover of the National Lottery of Malta, according to Malta Today.

The IZI Group subsidiary’s 10-year term as the country’s new lottery operator started today, July 6, replacing previous incumbents Maltco Lotteries.

The Grand Lottery, the Lotto, Super 5, Tiritombola, Fast Keno, scratch-cards, sports betting, and electronic gaming machines will all be continued by National Lottery, which recently underwent a corporate rebrand.

Following the launch, Economy Minister, Silvio Schembri, commented: “I’m sure the new national lottery operators will continue to add to the popularity of the lotto and Super 5, as well as introduce other games, which will further marry the list of games on offer.

“Our responsibility goes beyond a mere licensing within our regulatory framework. Together we ensure that National Lottery plc continues to promote, design and put into practice the principles of responsible gaming, while protecting its customers.

“The economic profit from gaming should be given its importance, but not at the expense of the gamblers.”

Meanwhile, Carl Brincat, CEO of MGA, said that the Authority is confident that operators will devote all necessary resources to maintaining the high level of operation of this licence, as well as protecting the interests of their customers and ensuring accountability in the games.

Related Articles

- Advertisement -spot_img

Latest Articles