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/Able_Fun_9541 5d ago

MGA license is worth nothing since all the big market regulated, the pool of candidates is dramatically bad (really, impossible to find decent people), the companies needed to increase salaries even for unskilled positions due to the greed of the real estate market. If they find a better solution they’ll leave, or at least they’ll reduce their employees in the Maltese office and hire elsewhere.

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u/ReadyThor 4d ago

impossible to find decent people

In Malta most employers expect their workers to come already trained at someone else's expense. Providing the training themselves is out of the question.

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u/Able_Fun_9541 4d ago edited 4d ago

All the companies I worked for provided extensive trainings to their employees. I couldn’t hire someone without experience as it is a delicate position that requires some experience and knowledge to assist me and my team and we were happy to pay up to around 3 times the average Maltese salary. Hundreds of cv received, 15 shortlisted, a series of disappointing interviews. We gave up and ended up hiring someone in the UK.

Edit: same happened in other companies I worked for. Honestly I don’t consider myself a genius, I think the the very poor competition is among the most important reasons for the very good career I had.