No evidence of Ricci’s involvement in Malta’s gaming sector, says MGA

Lea Hogg February 7, 2024

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No evidence of Ricci’s involvement in Malta’s gaming sector, says MGA

In light of recent media reports, the Malta Gaming Authority (MGA) has issued a statement to address the alleged association between the regulatory body and Antonio Ricci, an individual implicated in a criminal operation involving the confiscation of millions in assets from a criminal organization.

MGA’s stance on upholding integrity

The MGA has taken this opportunity to clarify that Antonio Ricci has no affiliation with the Authority. Ricci does not hold any position within the ownership structures of gaming companies licensed by the MGA. The Authority is keen to dispel any misconceptions about Ricci’s involvement, emphasizing that he has no connection to their regulatory oversight or the licensed entities under their purview.

The MGA’s statement underscores its commitment to transparency and regulatory diligence. The Authority stated that it routinely collaborates with both local and international authorities to ensure the integrity of gaming operations and to uphold the highest standards of regulatory compliance. Despite the unfolding developments in this case, the MGA assures the public and stakeholders that it will vigilantly monitor any further advancements and take necessary actions as required.

It is crucial to distinguish the reported activities involving Antonio Ricci from the regulatory functions of the Malta Gaming Authority. The Authority operates independently, maintaining a clear distinction between individuals involved in criminal activities and those licensed under their regulatory framework.

Last week’s report brought to light the alleged connection between the Malta Gaming Authority and the Italian national, Antonio Ricci. However, as the narrative is explored in more detail, it has become evident that the MGA is asserting its autonomy from any alleged association with Ricci, reinforcing the integrity of its regulatory oversight in the gaming industry.

The unfolding situation calls for a closer examination of the MGA’s ongoing efforts in ensuring a secure and compliant gaming environment. The Authority stated that it remains steadfast in its mission to separate its regulatory functions from any criminal activities reported in the media.

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