January – April 2017, Malta Has 79% Increase of Licensed Applications + 33% Rise in Licenses Issued Compared to the Same Period of Previous Year
New legislation is supposed to be announced this week in Malta. Malta is hoping to extend its establishment with forward-thinking and innovation. The Chairman and CEO of the Malta Gaming Authority, Joseph Cuschieri, strongly believes that the new regime will strengthen the MGA and provide the necessary tools to protect all of its consumers.
Cuschieri said in an exclusive interview that;
“The measures we are introducing will ensure that Malta’s reputation and relevance as a global gaming jurisdiction is sustained in the long term, leading to increased business activity and development.”
Malta has seen an increase of 79% in licensed applications from January 2017 through April. It was also confirmed that licenses being issued has gained its momentum by 33% compared to the same time last year. Cuschieri added to this released information with “These figures show that the integrity of Malta’s jurisdiction coupled with the MGA’s regulatory ethos is key in the attractiveness of Malta as a global place of establishment for remote gaming operators.”
Cuschieri concluded his interview saying that, regardless of the global political landscape weakening with expansions in the industry, “You can expect more innovation and a relentless drive for change and continuous improvement under my leadership.”