Chief Executive Casino Regulatory Authority
The Malta Gaming Authority has promoted from within to fill its Chief Executive Officer role
Executive Authority Definition
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The regulator announced on Monday Regulatory Officer Heathcliff Farrugia had been given the nod to succeed Joseph Cuschieri, who was appointed CEO of the Malta Financial Services Authority earlier this month.
Matthew Copeland has stepped down from his position as chief executive of the Regulatory Authority of Bermuda.In a statement the RA said Mr Copeland’s departure took effect immediately.
Farrugia has played a key role in bringing a new level of professionalism to the MGA, including the new promotional arm which was created to separate the regulator and business side of the operations.
He has also put player safety and the protection of funds at the forefront of the MGA’s priorities.
The University of Leicester, UK, alumni holds a Master Degree in Business Administration and specialises in operational efficiencies strategy planning and regulation.
Farrugia joined the MGA in 2014 as the Chief Operating Officer, before becoming the Chief Regulatory Officer in 2016.
During these years he was also a member of the Supervisory Council and was involved in the Fit & Proper Committee which assesses the health of businesses and individuals applying for MGA licensing.
Farrugia comes from a background in the telecoms industry, where he was an executive with Vodafone Malta.
Casino Regulatory Authority
The MGA made the appointment with consultation with Secretary for Financial Services, Digital Economy & Innovation Silvio Schembri.
Financial Industry Regulatory Authority
The Malta Gaming Authority licenses 100s of real money online casinos and is regarded as one of the most stringent licensing bodies in the world, with many of the world’s biggest gambling brands having a