MGA publishes gaming industry performance report

The Malta Gaming Authority (MGA) published its interim performance report Monday covering the January to June 2018 period.

Performance stats for the remote gaming industry identified during the reporting period include:

A total of 121 remote gaming license applications, with 62 awarded, an increase of 18.5 percent.

The termination of nine licenses on operator request, while five licenses were cancelled due to regulatory breaches and one suspended by the MGA’s Enforcement Unit.

A 21.9 percent increase in total active customer accounts year-over-year.

The largest age demographic was the 25-34 year group accounting for 38.2 percent of all remote gaming players.  The 35-54 age group accounted for 32.7 percent of the group.

The majority of MGA licensed remote gaming players were male accounting for 76.5 percent of the total.

56 percent of total gross gaming revenues were generated through gaming under the Class 1 license group, up 2 percent.

77 percent of GGR was generated through slot games, 18.5 percent through table games and 4.6 percent through ‘other’ games.

The majority of gross gaming revenue generated by Class 2 and Class 2 on 4 licenses was up 5 percent and led by football bets (76.7 percent), followed by tennis and basketball respectively.

Total gaming tax payable by the remote gaming operators amounted to just over Euro 13.6 million, a 1.9 percent increase year-over-year.

Read  the full report here.

In related news, the MGA recently released the results of its Inquiry on the Consumption of Gambling and Gaming Services Consumption by Maltese Residents in 2017.  The report can be accessed here.

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