SiGMAs impact on Maltas gaming industry: Insights from Charles Mizzi
SiGMA has played an instrumental role in strengthening Maltas gaming ecosystem, aligning closely with the countrys strategic vision for the industry. Charles Mizzi, CEO of the Malta Gaming Authority (MGA), shared his thoughts on how SiGMAs growth has contributed to the sector and how the MGA continues to support a thriving, well-regulated gaming landscape.
SiGMA has been doing very well. It started in Malta, and its very good to see it growing and reaching other continents. At the end of the day, this will help the global gaming sector to grow, Mizzi remarked.
SiGMAs role in the growth of Maltas gaming industry
Maltas gaming industry remains a cornerstone of the nations economy, with SiGMA acting as a key driver of industry expansion. Mizzi highlighted the sectors increasing contribution to the economy, stating,
The B2C sector accounts for around 7% of the GVA. If you also consider the B2B side, then the percentage rises to 13%.
He also noted the positive impact that SiGMA has had on employment in the gaming sector.
The employment sector keeps increasing year on year, and this expansion is very much welcome because it helps to keep the industry growing, he added.
The MGAs support for SiGMA and the industry
As the regulatory authority for Maltas gaming industry, the MGA ensures that growth aligns with fair and transparent gaming practices.
We aim to be at the forefront of the gaming industry. We are already renowned as a world-class gaming regulator, and we aim to sustain this momentum, Mizzi stated.
He further emphasised the importance of balancing industry success with player protection.
We want to provide a platform for operators to thrive, but at the same time, ensure that gaming remains fair and transparent. 바카라er protection, especially for vulnerable individuals, is a crucial part of our strategy.
Collaboration as a key to success
SiGMAs success is also a testament to the collaborative nature of Maltas gaming industry. Mizzi stressed the significance of open dialogue between regulators and operators.
Collaboration is key. We engage with operators regularly, both formally and informally, to ensure we stay abreast of industry developments, he explained.?
This allows the MGA to refine its regulatory framework and ensure a level playing field for all stakeholders.
SiGMAs global expansion and future prospects
SiGMAs international expansion reflects Maltas growing influence in the global gaming industry. Mizzi acknowledged the conferences increasing global footprint, noting its positive impact on the industrys development.
Its very good news for a local company to grow so significantly. SiGMAs expansion across continents will contribute to the overall development of the global gaming industry, he commented.
With SiGMA continuing to broaden its reach, Malta remains at the heart of the gaming world. Under Mizzis leadership, the MGA continues to support SiGMAs vision while ensuring that the industry operates in a sustainable and well-regulated manner.
