IZI Subsidiary Awarded Maltese Lottery License

Malta-based National Lottery PLC, a part of IZI Group PLC, has been awarded the 10-year National Lottery license. It is a first for the National Lottery to be operated by a Maltese company. National Lottery will take over from Maltco Lotteries Ltd.

IZI Subsidiary Awarded Maltese Lottery License

The Malta Gaming Authority (MGA) has awarded the 10-year National Lottery license to Malta-based National Lottery PLC, a subsidiary of IZI Group PLC. It will take over from Maltco Lotteries Ltd.

This will be the first time in 18 years that the National Lottery is operated by a homegrown company.

The selection was made after the government issued a Request for Proposals last year. A concession agreement was signed in March 2022 between the Ministry for the Economy, European Funds and Lands and National Lottery.

Minister Silvio Schembri said in a statement: “I’m sure that the new National Lottery licensee shall continue to enhance the popular National Lottery Games, such as the Lotto and Super 5, among others, as well as introduce other games which will further enrich the games portfolio.”

Schembri added, “Together, we have ensured that National Lottery PLC will be committed to promoting, designing, and putting into practice the principles of actively responsible gaming while protecting the personal well-being of players. The national economic profit that translates from gambling should be given importance, but not at the expense of the player.”

National Lottery PLC CEO Johann Schembri said in a statement, “Today marks a new era for the National Lottery of Malta. The license obtained from the Malta Gaming Authority affirms the hard work that we have been undertaking and our commitment to deliver an innovative, forward-looking, and above all, fair and transparent, national lottery service.”