Malta Gaming Authority extends sign-up period for voluntary ESG Code until March 18

The Malta Gaming Authority (MGA) has announced an extension of the sign-up period for the voluntary ESG Code of Good Practice in the remote gaming sector. The decision followed a recently held Meets session in which licensees were invited to learn more about the Code.

"The sessions are intended to foster mutual understanding and support and reinforce the MGA’s commitment to open and collaborative dialogue within the gaming sector," the Authority said in a statement.

The session, led by Kinga Warda, MGA’s Chief Officer – Policy & International Affairs, and Anna Grech, Manager – International Affairs & Policy Outreach, aimed to shed light on the ESG Code’s overview, benefits for participation, key elements, and a walkthrough of optional and core disclosures.

"Tailored for companies seeking a deeper understanding of the Code, the event attracted a diverse group, generating positive feedback and showcasing the industry’s commitment to responsible and sustainable business practices," MGA stated.  

Participants engaged in an interactive Q&A session with a constructive discussion regarding the Code’s disclosures, the MGA ESG Code Approval Seal, and the reporting tiers, among other topics.

As a result of the announced extension, interested parties now have until Monday, March 18, 2024, to confirm their participation in this initiative, which the MGA says is "aimed at promoting ethical, social, and governance standards within the remote gaming sector." To register, parties must complete the following form.

"The ESG Code of Good Practice for the remote gaming sector serves as an industry-specific reporting framework aimed at enhancing transparency and encouraging ESG reporting. Covering 19 ESG topics organized into Environmental, Social, and Governance categories, the Code provides a strategic roadmap for remote gaming companies to streamline their reporting efforts," the MGA explained.