Daily News Poker News Online Gaming News Investor News Vegas News Featured Articles
Strategies & Tips Books & Movies
Gaming Life Gaming Tips Comps & Promos
HOME > > Malta Gaming Authority looks toward the future with new endeavor

Malta Gaming Authority looks toward the future with new endeavor

25 January 2023

(PRESS RELEASE) -- The Malta Gaming Authority is exploring the development of a voluntary ESG Code of Good Practice for the remote gaming sector.

As investors, consumers and employees become increasingly aware of the impact that companies have on society and the environment, we have been witnessing growing awareness around Environmental, Social, and Governance (‘ESG’) matters. In this spirit, in recent years, the Maltese Government has launched a voluntary ESG reporting platform to encourage companies to publicly report on their ESG performance, thus driving investment towards sustainable businesses.

While the Authority is proud of the consistent progress of the gaming sector and acknowledges the good work done by its licensees, some of which currently report on ESG publicly, starting from 2024, all large or listed companies will be required to report under the Corporate Sustainability Reporting Directive (‘CSRD’). In this context, in an effort to remain at the forefront of innovation and forward-looking practices, the MGA embarked on a journey to develop a voluntary code of good practice for the remote gaming sector to help guide and prepare local licensees for upcoming ESG legislation, and to potentially derive the benefits tied to running a sustainably conscious operation

The code will set out the common priorities for ESG in gaming, taking into consideration the needs of key stakeholders, to reduce environmental, social and governance impacts whilst continually enhancing Malta’s reputation as a leading Gaming jurisdiction.

Looking ahead, we expect to see more and more companies taking concrete actions towards becoming more sustainable, and we believe that reporting such efforts contributes positively to implementing change within the sector and improving its overall perception, while also addressing the increasing demand for transparency and accountability in the industry.

As part of this initiative, the MGA has launched a survey with its licensees who are the key partners in the process of transforming the gaming sector into a more sustainable and transparent one.

 
RGT ONLINE SHORTCUTS

> Latest Headlines
   The stories that are the news.

> Daily News
   In depth coverage of the news that
   affects the gaming enthusiast.

> Featured Articles
   Articles by RGT's featured writers.

> Vegas News
   Tales from Sin City.

> Investor News
   Press releases and Investor info.

> Casino City's Online Poker Directory
   The web's most comprehensive online
   poker directory.

> Advanced Search
   Check our archives for past articles.

FREE NEWSLETTER
Sign up for Casino City's Newsletter and a Chance to Win an exciting Casino City Prize
CONTACT RGT ONLINE  |  EDITORIAL STAFF  |  SITE MAP  |  CASINO CITY  |  AUDIOVEGAS