Maltco gives a €50,000 contribution towards the Responsible Gaming Fund

Maltco Lotteries presented a contribution of €50,000 towards the Responsible Gaming Fund to the Parliamentary Secretary for Competitiveness and Economic Growth Jose Herrera, present at the Press conference were also Silvio Schembri, Chairman of the Responsible Gaming Foundation and Edwina Licari on behalf of the Malta Gaming Authority.During the press conference Maltco’s acting CEO Mr Vasileios Kasiotakis explained that in the past 11 years Maltco Lotteries have contributed over €8 million towards the Responsible Gaming Fund and another Government Fund for Good Causes, this is a share that goes directly to the Maltese society. Responsible Gaming is a cause Maltco always believed in, abided by, and has taken it to the highest possible level. Through its commitment to Responsible Gaming Maltco assures that the player is safe and so the Maltese society remains a stable one.Hon Silvio Schembri, Chairman for the Responsible Gaming Foundation who is the end beneficiary of Maltco’s €50,000 contribution said that through the Corporate Social Responsibility Programme, the foundation offers; 24×7 support via the National Help Line and fostering further education on behavioral addictions and responsible gaming to school children, the general public and gaming operators. He concluded that there is a strong collaboration between Responsible Gaming Foundation and Maltco whilst he thanked the company for the kind donation.From his part Hon Herrera said that Responsible Gaming is the link between companies like Maltco Lotteries who are a strong key to the economical growth that strengthens the country’s economy, and the stability of the public in general.The Parliamentary Secretary said that in 2014, over and above the €50,000 Maltco contributed another €650,000 given to the Good Causes Fund, also the government revenue from the Maltco Gaming tax has increased by 2% in 2014. Hon Herrera concluded that today Maltco offers a wide portfolio of numbers of games and betting; and it is regulated by the MGA and thanked Maltco for its’ regular contributions.

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