results, starting from a 23 per cent increase in turnover, 34 per cent increase in player winnings, and 30 per cent increase in Gross Gaming Revenue (GGR).
However, aside from the financial achievements, as the custodian of the national lottery of Malta we are also very pleased with some very important non-financial achievements. We are mostly proud that our efforts and commitment to security, integrity and responsible gaming practices have been recognised by the two (2) most important international lottery bodies, the World Lottery Association (WLA) and European Lotteries (EL), as National Lottery plc successfully achieved Responsible Gaming (RG) certification. Furthermore, we are pleased to announce that earlier this month, we were also awarded the prestigious ISO/IEC 27001:2022 certification, a globally recognised standard, highlighting the company’s and Group’s commitment to operational excellence and security, amongst other.
What are your future aspirations?
Te Group has always managed to grow over the years by adopting what is essentially a strategy that focuses on the local gaming market. Over the years we have nurtured our intellectual property and gained considerable experience across a very diversified portfolio of gaming operations.
Within the context of the local market, we will sustain the work undertaken thus far to widen and strengthen the reach of our distribution network, thus making our offering more accessible in the marketplace. We are also very excited about the prospect of adding a pan-European lottery to our current lottery product, enriching the lottery product portfolio in the process.
We also have major plans for the Dragonara Casino, more specifically an expansion project through which we would be in a position to offer a more holistic and diversified casino experience. Te flawless transition of the National Lottery from the previous concessionaire, our extensive experience operating the Dragonara Casino, our experience in creating and nurturing the IZIBET brand that over a few years has become Malta’s favourite sports betting brand, and very recently the launch of the first Historical Horse Racing (HHR) installation outside the USA, gives us the right set of tools to think about future international expansion.
Pursuing international business development opportunities is part of our broader growth strategy. To this end, we have been actively pursuing opportunities in other European jurisdictions as well as in Latin America. Our aim is to leverage our established relationships in the industry to replicate the local business models on lucrative international opportunities, while being grounded in our approach of doing business.
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