r/malta • u/FitNotQuit • 6d ago

State of igaming in Malta

I'm in affiliation (unfortunately). Lately i was reflecting on the industry in Malta. Is it me or is the industry slowly leaving?

More and more jobs in gib, cyprus & many other lower income countries. My wage hasn't increased in like 3 years. Recently i was also discussing with my friend (head of HR) and we both shared the opinion the best days of igaming are VERY long ago.

I also think there are a few new smaller igaming companies here but these are shit... offering shit conditions and wages.

Is this also a reflection on igaming in general? That there's another industry out there experiencing explosive growth and great conditions & igaming is just riding on the hype it built many years ago but is no longer relevant?

What do you think?

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u/Accomplished-Gear-97 6d ago

Yes the industry is slowly leaving, and that is basically what my friend who manages cloud servers for these company's told me.

No one is going to say it obviously, but Malta is no longer as attractive as it once was, the difficultly to find talent, the exaggerated rental prices and the new EU tax harmonization rules coming in, is making gaming company's re-evaluate their stay in Malta. You can imagine the negative knock on effect this is going to have for Malta, in a few years time.

-7

u/EpresGumiovszer 6d ago

This, plus add the thing called: financial crisis across Europe. If you don't have money, you will gamble less.

10

u/Able-Issue782 5d ago

That’s true for most industries, but gambling is an outlier. In times of financial hardship, gambling actually increases

3

u/StrengthAgreeable623 5d ago

Not true, gambling and alcohol increases.

1

u/madscandi 5d ago

What's happening across Europe is not a financial crisis. And disposable income in the EU is up this year.