Malta’s National Lottery Officially Under New Management And Changes Are On Their Way
Malta’s national lottery has officially changed hands, with the Malta Gaming Authority granting the IZI Group a license to run it for the next ten years.
National Lottery plc, the new company, has promised to bring several changes to existing games, including improved odds for Lotto, the elimination of prize capping, a new Tuesday Lotto draw and larger jackpots for the Super5 game.
New games will also be introduced, including add-ons to the Super5 game (Super5 Plus and Super5-4-3-2-1), the introduction of a new digit game called Pick3 and the rebranding of Keno into FastKeno.
The sports betting brand IZIBET, which was already run by the IZI Group, is now also available from all national lottery outlets.
National Lottery plc CEO Johann Schembri hailed today as the culmination of years of work and the start of a new era for the national lottery.
“I am very grateful to have found a team of people that have put their life on hold to ensure that we deliver a new national lottery service in record time,” Schembri said.
“We are committed to deliver an innovative, forward-looking and above all a fair and transparent national lottery service, powered by the world’s leading lottery technology company, International Game Technology (IGT).”
“We are also proud and privileged to be the first fully-owned Maltese company to operate what essentially is the most important gaming operation in Malta which now allows our Group to take an active role in all the land-based gaming business verticals.”
“Our aspiration is to take the national lottery of Malta to unprecedented levels in line with the highest operating standards found in Europe.”
The IZI Group, which also runs the Dragonara Casino and the IZIBET platform, won a lottery concession following the expiration of Maltco’s contract. Maltco, which had run the national lottery ever since its privatisation in 2004, didn’t submit a bid.
The first Lotto draw under new management is set to take place this Saturday (9th July), followed by the first ever Tuesday Lotto draw on 12th July.
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