Tag Archives: Dr Carl Brincat

MGA is ‘up-to-date and well-equipped’ for 2023 oversight

MGA

The Malta Gaming Authority (MGA) has begun to reap ‘the fruits of the groundwork laid in 2021’, according to CEO Dr Carl Brincat, and intends to continue rolling out its data and technology strategy. In its 2022 annual report, the regulator detailed operating revenue, including the release of unclaimed player funds of €82.2m (2021: €81.5m), an increase of just under …

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MGA opens consultation on Player Protections Directive  

SBC News MGA opens consultation on Player Protections Directive  

The Malta Gaming Authority (MGA) has launched a ‘closed consultation’ seeking feedback from licensees on proposed amendments to its ‘Player Protection Directive’.  Feedback is required to strengthen and clarify the MGA’s current player protection framework as an essential directive of the Authority’s work and oversight regulating online gambling services. Completed research will be made available in the “eventual publication of …

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MGA 2021 agenda led  by heightened AML & CFT duties

SBC News MGA 2021 agenda led  by heightened AML & CFT duties

The Malta Gaming Authority (MGA) has published its Annual Report, providing a breakdown of its supervisory activities, regulatory objectives and policy initiatives undertaken during the financial year ending 31 December 2021.  The report outlines the MGA’s evaluation of achievements and performance governing its licence holders who operate across multiple European online gambling jurisdictions. 2021 saw the MGA carry out 54 …

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Malta gambling sector records growth but economic contribution slips

MGA

The Malta Gaming Authority (MGA) has revealed that the country’s gambling sector has recorded one of its highest growth rates in value added relative to other sectors, but is now making less of a contribution to the island’s economy. As detailed in the MGA’s Annual Report and audited Financial Statements for the financial year ending December 31, 2020,  the country’s …

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Ryan Pace steps up as Chairman of the MGA

SBC News Ryan Pace steps up as Chairman of the MGA

The Malta Gaming Authority (MGA) has promoted lawyer Ryan Pace to the position of Chairman of the Maltese gambling regulatory authority. Pace has extensive experience of legal affairs, having served in the law firm of Maltese Prime Minister Robert Abela, Abela Advocates, since obtaining his warrant in 2018. He holds a degree in law from the University of Malta, having …

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MGA appoints Dr Brincat as new CEO

SBC News MGA appoints Dr Brincat as new CEO

The board of governors of the Malta Gaming Authority (MGA) has confirmed the appointment of Dr Carl Brincat as new Chief Executive Officer with immediate effect.  Brincat replaces former incumbent Heathcliff Farrugia, who declined to renew his tenure as MGA CEO last November after informing the Malta government that he had chosen to work in the private sector.  An expert …

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