Maltco Lotteries presents €50,000 contribution to the Responsible Gaming Foundation

By June 19, 2019 No Comments

Maltco Lotteries presented the contribution of €50,000 to Parliamentary Secretary for Financial Services, Digital Economy and Innovation Hon. Silvio Schembri who was present on behalf of the Government. This contribution will be ultimately used to financially support the Responsible Gaming Foundation cause, to create awareness on excessive gambling in Malta whilst providing support and guidance to compulsive gamblers.

Maltco contributes to Malta’s economy mainly through job creation and investment as well as to social well-being through an on-going programme of financial support for culture, health and sports. The mission of the company is to provide a wide variety of entertaining games to the Maltese market whilst adhering to the Responsible Gaming Principles. Maltco applies these principles in its daily operations with this commitment being recognised and has led to certifications on Responsible Gaming by: The World Lottery Association and The European Lotteries.

During the presentation, Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri referred to the inquiry on the consumption of gambling and gaming services by Maltese residents published at the end of last year by the Malta Gaming Authority. Schembri explained that through the inquiry it has transpired that persons who engage in gambling are most likely to be young adults or senior citizens and have a secondary level of education, likely to be unemployed, part-time employees or students. “This is where the work of the Foundation comes in by carrying out educational programmes amongst the younger generations to instil amongst them the importance of achieving balance and to actively seek alternatives” said Schembri while adding how the Foundation tends to reach out by means of sports activities amongst others. Schembri thanks Maltco Lotteries for always supporting these initiatives and for their help in the implementation of social programs launched by the Foundation.

Mr. Shawn Zammit, General Manager of The Responsible Gaming Foundation expressed satisfaction for the investment that has been made in the Call Centre 1777 by which the foundation continues to offer a better free helping hand to those afflicted by the addiction. Under the supervision of the MGA the RGF has strengthened the self-exclusion processes. In the meantime the Call Centre started to work on a 24 hours schedule, together with the much needed website and chatline revamp in order to provide a more user-friendly and eye-catching look at all the services offered.

Vasileios Kasiotakis CEO of the company stated “Throughout our daily operations, Maltco strictly adopts Responsible Gaming Principles since we truly believe in having the players’ wellbeing at heart. We want to ensure that our players are entertaining themselves in a responsible manner.” On behalf of Maltco Lotteries, Mr. Kasiotakis also thanked all stakeholders, Agents and Assistants for their significant contribution.

For further information email info@maltco.net, visit the Maltco website www.maltco.com or call 23883000.