Malta Independent

Public Appointmen­ts Committee approves nomination of new gaming authority chief

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Parliament’s Public Appointmen­ts Committee yesterday decided to recommend the approval of Marlene Seychell’s nomination as nonexecuti­ve chairperso­n of the Malta Gaming Authority.

During the sitting, Seychell denied having a conflict of interest.

It was today reported that Seychell has a conflict of interest because she sits on the board of Main Street Complex PLC, a company which hosts a bingo hall regulated by the MGA. Speaking at the sitting this afternoon, Seychell said she did not have a conflict of interest as she did not sit on the board of any company involved in gaming.

She added that she was prepared to give up the directorsh­ip if required. Seychell said the relationsh­ips between Main Street and the companies operating within the building are managed by the management, not the directors.

She told the committee members that her main priority as non-executive chair of the MGA will be antimoney laundering and and anti-financing of terrorism as well as safeguardi­ng Malta’s reputation.

Risk would be limited as much as possible, she said, adding that the number of licenses issued to Italian gaming companies had dropped drasticall­y. Seychell said the MGA will be consulting with industry experts with the aim of further improving regulation.

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