National Lottery plc awarded ten-year Malta lottery concession
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In Malta and National Lottery plc was reportedly granted the ten-year license to operate the small nation's lottery games. The license was given after the payment of a €105 million ($107 million) concession fee.
The inaugural lottery draw under the new management of National Lottery plc is scheduled to take place on Saturday from 8:35 pm local time. The new operator has pledged to increase payout ratios in a bid to combat a clandestine network of illegal gambling.
National Lottery plc awarded ten-year Malta lottery concession. Malta is home to 516,000 people. Maltco Lotteries Limited had run Malta's national lottery program since its launch almost 20 years ago. Schembri was appointed to his current post within the government of Prime Minister Robert Abela in March.
National Lottery plc awarded ten-year Malta lottery concession. Chief Executive Officer for Malta Gaming Authority is optimistic about the company's performance. He is confident the concessionaire will dedicate all the resources necessary to maintain the very highest level of operational and compliance standards.
