Malta Gaming Authority seeks new CEO

Malta Gaming
Posted by: top24casinos
Posted on: January 28 2021

Malta Gaming Authority is the gaming control board of all the gambling establishments, both online and land-based, in Malta. Any online casinos in India that have their license are highly-respected not only in the country but also in the global online gambling industry.

Right now, the watchdog is looking for a new chief executive. MGA posted a call for application on their official website. In the said post, the regular stated that it’s looking for a “dynamic, passionate, and highly influential strategic thinker” to join its team.

The call for application was posted after Heathcliff Farrugia announced last November that he will not be renewing his contract at the MGA.

To recall, Farrugia joined the MGA as a chief operating officer. He held the position for two years up until he moved to the Regulatory department to hold the role of Chief Regulatory Officer (CRO) in 2016. In 2018, he has promoted a Chief Executive Officer of MGA, define its strategy including the regulator’s branding, monitor financial performance, ensure effective communication between the board and all other stakeholders, and lead the whole ‘One MGA’ team to reach maximum performance.

MGA CEO Requirements

In the call for application posted by MGA, the organization has listed the skills that the ideal candidate for the CEO position should have. Below are the qualifications that MGA set for the job position.

  • A university degree with experience in a Senior Executive position;
  • Effective team management skills;
  • Executive presence to effectively represent MGA in public whilst giving business presentations and networking;
  • Ability to master a broad range of stakeholder relations in both public and private sectors;
  • Exceptional leadership, interpersonal and communication skills.

Knowledge of blockchain is critical to the position

The person who will take the CEO position will lead the whole organization in regulating online gambling websites, land-based casinos, lotteries, and fantasy sports.

With that said, the next CEO of MGA should have a vast knowledge of the technologies that will define the future of gaming, and none more than blockchain to the rapidly growing online gambling sector.

As the online gambling industry continues to thrive, the number of operators that accept cryptocurrency as payment are also growing. This has been very attractive for many players since the introduction in the industry.

Aside from being the fastest casino payment solution right now, blockchain is also the most-trusted platform because of its transparency. In the blockchain, all transactions, including wins, losses, and payouts are recorded permanently on the ledger. This result is a provably-fair online gambling experience.

Online casino license from Malta

Online casino websites in India that acquire a certification from Malta is highly regarded in gaming. Indian Casinos with the MGA seal are some best online gaming websites available right now. Furthermore, these operators will be listed on the UK Gambling Commission’s “white list”. When an operator is listed under this, they are allowed to target British players aside from Asian players.

There are several stages operators should go through before they receive their license. When they are qualified the online casino site will receive a temporary license for six months. After that, the regulator will examine the site if they are qualified to receive a five-year online gambling license. Finally, the operators will have to pay some taxes and other fees depending on the type of their license.