Compliance Updates
Carl Brincat to Hand Over the Reins at the MGA
The Malta Gaming Authority (MGA) has formally announced that Carl Brincat will conclude his tenure as CEO in January 2024.
The Board of Governors of the MGA extended its appreciation to Dr Brincat for his exceptional leadership during his tenure as CEO.
Dr Ryan C. Pace, Chairman of the MGA, said: “Carl has made extensive contributions to the Malta Gaming Authority and to the gaming industry in Malta and we are confident in, and very thankful for, the strong foundation he leaves behind as we continue to pursue the MGA’s strategic goals.”
Dr Brincat said: “Leaving the MGA is a very hard decision to make. The past 9 years have been a rollercoaster of experiences which contributed to the person I am today, and it has been a privilege to lead the Authority for the past 3 years. Looking back, I am proud of the work that we have done together, and of the highly motivated team that surrounds me at the Authority. I look forward to continuing to deliver our commitments over my final few months, and have no doubt that my successor will find that the fantastic team at the MGA can help him or her continue to drive improvement further. I cannot wait to see what the future holds for the Authority.”
As part of the senior leadership succession plan, the Board will be issuing a public call for applications for the position of Chief Executive Officer over the coming days to cater for a smooth transition from Dr Brincat to his successor. The chosen successor shall spend a number of weeks shadowing Dr Brincat before commencing his or her term on 26 January 2024.
The American Gaming Association (AGA) board of directors elected Michael Rumbolz, Executive Chair of the Board of Everi Holdings Inc., as the association’s new chairman. He will succeed Hard Rock International Chairman and Seminole Gaming CEO Jim Allen, who has served as AGA chairman since January 2022. Rumbolz begins his two-year term in January 2024.
“I am grateful for the opportunity to help shape gaming’s future as the AGA’s next chair,” said Rumbolz. “From stopping illegal gambling to evolving responsible gambling, the AGA is tackling transformational issues and I am eager to build on the progress made during Jim’s tenure.”
Working from a busboy to the c-suite, Rumbolz’s career spans all levels and aspects of the gaming industry with experience encompassing gaming equipment manufacturing and distribution; hotel and casino operations; casino fintech; digital gaming; and gaming legislation and regulation. Rumbolz previously served as President and CEO of Everi, Member and Chairman of the Nevada Gaming Control Board, and Chief Deputy Attorney General of Nevada.
“It’s an honor to welcome Mike—an industry legend in his own right—as the next AGA chairman,” said AGA President and CEO Bill Miller. “Mike’s career as an operator, manufacturer and regulator is unparalleled and will be vital to driving meaningful progress on industry priorities.”
During Allen’s tenure as chairman, the AGA supported the industry’s record-setting COVID recovery while working to evolve the industry’s approach to responsible gaming and launching a new effort to stop illegal gambling.
“Jim’s knowledge, insight and guidance have helped the AGA advance our mission and maximize our impact for the industry. He’s been a trusted advisor to me, and I am thankful for his partnership over the last two years,” Miller continued.
“Our industry and this association have never been stronger. I am immensely proud of our success over the last two years accelerating gaming’s recovery while defining and advancing new priorities,” said Allen. “The AGA is well-positioned under Mike and Bill’s leadership.”
The Gambling Regulators European Forum (GREF) Board has taken a significant step in enhancing the exchange of information among its members on the Anti-Money Laundering matters by establishing a new working group. The creation of this new working group underscores GREF’s commitment to a collaborative approach that strengthens the overall integrity and credibility of the industry.
The GREF Board has approved the appointment of Rachel Bezzina from the Malta Gaming Authority (MGA) and Christophe Vidal from the French National Gambling Authority (ANJ) as co-chairs for the AML Working Group.
The AML Working Group marks the fifth addition to the existing working groups established by GREF. It joins the ranks of the Responsible Gambling, Digital & Innovation, InfoStat and Enforcement working groups. Each of these groups plays a crucial role in addressing specific aspects of the gambling industry, collectively contributing to the advancement and sustainability of the sector.
Gaming technology and services provider BetConstruct has received a Virtual Slot Machines License from the GGL, Germany’s iGaming regulator.
By receiving this new licence, BetConstruct can now offer virtual online slot machines in compliance with German gambling laws and requirements. This opens up new horizons and opportunities for everyone interested in the German market, including slot game providers, BetConstruct operators and players alike.
Hermine Gevorgyan, Head of BetConstruct’s Licensing and Certification Department, said: “We are thrilled to announce our successful acquisition of the German virtual slot licence – a remarkable accomplishment that marks the culmination of a challenging and rewarding journey for our entire team.”
“Securing the German slot licence was undeniably a challenging journey, but today, we stand proud as we celebrate this significant achievement. With this licence in hand, we are poised to introduce a new niche to the market, setting higher standards and redefining excellence in the gaming industry with our innovative and award-winning products tailored for the German market,” Gor Mnatsakanyan, BetConstruct’s Regional Director in Germany, said.
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