The MGA’s Executive Chairman, Joseph Cuschieri this morning participated in the ‘iGaming meets The Maltese Capital Markets’ Conference organised by The Malta Stock Exchange.
The conference which was addressed by Finance Minister, Prof Edward Scicluna and the Chairman of the Malta Stock Exchange, Mr Joseph Portelli, focused on how the Maltese Capital Markets can help fuel the iGaming industry`s growth and meet its financing needs. The conference also provided an opportunity for iGaming executives to delve deeper into the regulatory, tax and financing aspects of listing and raising capital in Malta.
In his speech titled “Capital Market Resources towards the Development of Remote Gaming in Malta”, Mr Cuschieri said that the industry is on the verge of a far-reaching repositioning exercise which will, amongst other things, reshape the sector to incorporate activities which will be more intrinsically linked to the specific competitiveness factors which the Maltese economy can offer. This will go a long way to de-risk activity in the gaming industry in Malta from the potential implications of external shocks, while providing a solid basis for sustained, compliant and quality growth. He also added that an active capital market which provides the gaming sector with the required resources in an efficient manner can be one of the key competitiveness factors sustaining the growth of the gaming industry in Malta.
Mr Cuschieri was also pleased to report that the Authority is undertaking in-depth studies on the role which crypto-currencies can play within the Maltese regulatory regime. Mr. Cuschieri `s full speech can be accessed here.