The Malta Gaming Authority (MGA) has published its 2015 Annual Report and Financial Statements. The theme of the 2015 Annual Report is Regulation for Innovation: Re-thinking conventional wisdom.

The MGA is the single governing body for the regulation of the gaming industry in Malta. During 2015, the gaming sector in Malta continued to experience healthy growth in both the land-based and remote gaming sectors. The following are key highlights from the Annual Report:

• During the year under review, the MGA generated a total revenue of €60.9m compared to €58.4m in 2014. This represents an increase of €2.5m or a 4.3% increase year on year. Furthermore, contributions in gaming taxes made to Government in 2015 amounted to €55.8m compared to €53.2m in 2014. This represents an increase of €2.6m or a 4.9% increase year on year. The sector also made a direct contribution of 8.2% to Malta’s Gross Value Added in the economy,

• The land based gaming sector grew by 3% year on year with total gross gaming revenue reaching €78.1m. Amounts played in the land based sector reached a total of €333.1m with total winnings amounting to €255m,