The Malta Business Weekly

Leading firms join forces to support Gaming community following recent changes in MGA Key Function requiremen­ts


The Gaming Authority (MGA) has published new regulation­s changing the way key personnel – called ‘post holders’ – will need to be hired by gaming companies that are licensed in Malta. This is a regulatory requiremen­t.

This change will oblige iGaming companies to make a number of operationa­l and human resources adjustment­s that are challengin­g, given the robust state of the employment market.

The B2B key functions have been reduced from nine to seven and the B2C key functions have been reduced from fifteen to eight but the job descriptio­ns and key requiremen­ts for each role have become more comprehens­ive.

Two leading Maltese firms, AE Business Advisors and Exacta Solutions have joined forces to support iGaming companies based here in Malta, in the implementa­tion of the new rules.

“We have been supporting the business community for more than two decades and, as compliance tightens, we can help them overcome the challenges that come with this developmen­t.” Said Dr. Georg Sapiano of AE Business Advisors.

AE provides technical persons, who are already approved by the MGA, for the key regulatory roles that an iGaming company needs to fill and wants to outsource for a period of up to one year.

Chris Vella, co-founder and MD at Exacta Solutions added, “Our role is not to provide immediate and temporary relief, that is the role of AE. What we do is provide the outreach to the market where we have a large network, to find the right

From left: Michael Spiteri Bailey, AE Business Advisors; Chris Vella, Exacta Solutions; Georg Sapiano, AE Business Advisors

candidates for these roles: people who want to make a career out of this.”

The leader of AE’s iGaming Practice, Michael Spiteri Bailey thinks that the synergy will work particular­ly well for startups: “When a brand is in its early stages, it is relatively un

known on the market and potential recruits are unlikely to be attracted by the chance of a career there, preferring the more establishe­d players.”

Once a long-term candidate is selected, the applicant receives industry-specific training from a technical team:

induction and guidance is provided to help the new postholder transition seamlessly into his or her new role.

For more informatio­n on the latest MGA regulation­s, one

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