The Lotteries and Gaming Authority (LGA) and the Malta Remote Gaming Council (MRGC) held their first official meeting at the LGA offices. The LGA’s Executive Chairman, Mr. Joseph Cuschieri invited the Management Board of the Council to discuss the strategy of the Authority and introduce the new Management team. Mr. Cuschieri highlighted the areas and processes within the Authority where he deems most important to become more efficient and less bureaucratic. He also acknowledged the challenges the industry is facing and expressed his commitment to strengthen the industry and retain Malta’s position as a top gaming jurisdiction.
On their part MRGC highlighted where and how the Industry had benefitted in the past by working closely with the LGA with common objectives. Both parties expressed their satisfaction to have the opportunity to meet and committed themselves to work together to achieve further growth in the industry. The LGA invited the Council to consult with the Authority on issues of concern in the gaming industry in order to assess possible solutions.
Mr. Cuschieri closed the meeting by thanking the Council for meeting with the Authority and for their offer of full co-operation whilst assuring them that this would be the first of many productive meetings. He concluded that whilst he wanted to streamline and improve processes at no time would the Authority relax its regulatory obligations and it would be re-focusing its efforts and resources on the high risk matters rather than on checklists and unnecessary red tape that provided no value to the industry or comfort to the regulator.