Malta’s iGaming Council holds first meeting

The iGaming council met for the first time today at the Ministry for the Economy, European Funds and Lands. The council’s main objective is to identify the challenges of this sector and to discuss any actions in a bid to overcome such challenges.

The council, which is expected to meet every two months, comprises of leading gaming companies operating in Malta, along with Gaming Malta and the Malta Gaming Authority (MGA), which is led by the Minister for the Economy, European Funds and Lands, Silvio Schembri.

“The setting up of this council continues to confirm the vision of this Government, that of enhancing the ecosystem of the iGaming industry here in Malta. According to a recent survey, it seems that in the years to come gaming will be one of the sectors that will continue to flourish. The aim of this council, when it comes to this sector, is to also see that our jurisdiction remains attractive and continues to register growth. We believe that this sector can grow further,” stated Minister Schembri.

The Council’s experience and connections will also help see new industries such as videogame development, esports and other sectors using blockchain technology continue to grow, as the council can boast of members involved in companies of international repute.

“Adopting this kind of manner, that of an open and direct communication with the industry, is the way we will continue to work so that we can discuss the challenges and seek solutions together. For this council to work out, we need you involved; if we work hand in hand we will succeed,” concluded Minister Schembri.

From his end, CEO of Gaming Malta, Ivan Filletti, said that this council will be a valuable communication tool between industry and the legislators, and it is a way that will help see the entire ecosystem in this sector continue to flourish.