Malta Gaming Authority Grants New National Lottery License

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The new licence for the lottery will be in effect for 10 years. National Lottery PLC, a subsidiary of IZI Group, has been selected to replace Maltco Lotteries Limited as the operator of the lottery. In July 2021, the Privatisation Unit of the Maltese government issued a Request for Proposals for interested parties to take over the lottery operations. National Lottery PLC was granted exclusive rights and a Concession agreement was signed in March of this year, paving the way for the licence to be issued. This marks the first time in 18 years that a fully-owned Maltese company will operate the lottery.

The Malta Gaming Authority’s CEO, Carl Brincat, expressed confidence in the concessionaire’s dedication to maintaining operational and compliance standards and safeguarding players from gaming-related harm. Silvio Schembri, Malta’s Minister for the Economy, European Funds, and Lands, highlighted the importance of enhancing popular lottery games like Lotto and Super 5, while also introducing new games to enrich the portfolio. The commitment to actively responsible gaming and player protection is emphasized.

Johann Schembri, CEO of National Lottery PLC, stated that the licensing acquisition from the Malta Gaming Authority reinforces their hard work and commitment to deliver an innovative, forward-looking, fair, and transparent national lottery service. Additionally, National Lottery PLC has recently entered into agreements with EveryMatrix and International Game Technology (IGT) to supply online games and technology to the National Lottery of Malta.

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Livia Hinton is a distinguished writer with an avid interest in the gambling and online gaming sectors. With over a decade of experience, Livia has become a respected authority, known for her comprehensive coverage of casinos, sports betting, poker, and the rapidly evolving world of online gambling. Her writing is characterized by meticulous research, clear explanations, and an engaging style that appeals to both novice and seasoned gamblers. Livia's articles are valued for their in-depth reviews, strategic insights, and up-to-date industry trends, providing readers with the knowledge they need to make informed decisions and enhance their gaming experiences.
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