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Mario Galea Appointed chairman of the LGA

Appointed chairman of the LGA
Mario Galea is back in the regulatory saddle at the Lotteries and Gaming Authority in Malta.
The former chief exec, who retired due to ill health in 2008 after four years setting up and running the regulator, has been appointed chairman of the Authority by the Malta minister responsible for regulation, Dr. Edward Zammit Lewis.
Galea, who has been operating his own online gambling consultancy, said of his appointment:
"I am delighted to be returning to the LGA and look forward to working with the staff to keep Malta as a centre of excellence for gaming policy."
The LGA has come under fire in recent years for its lack of player sensitivity and regulatory vigilance in a number of online poker scandals involving internet poker operators regulated by the Authority.
Its weak market communication capability and apparent inability to efficiently monitor requirements for segregated accounts for player funds have been especially criticised in debacles such as the Media Corp-Purple Lounge collapse.
Despite this, Dr. Zammit Lewis is on record as describing the industry as one of prime importance to Malta and a top priority for the newly-elected government.
Perhaps the appointment of Galea is part of a government initiative to improve operational aspects of the regulator's service.
"The new government is committed to strengthen and grow the online gaming industry, both strategically and organically," the minister said in announcing Galea's appointment this week..

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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