Three gaming companies to invest into Maltese operations
Parliamentary Secretary Edward Zammit Lewis says three gaming companies will either expand or commence operations in Malta.
Three gaming companies will invest in Malta, either by expanding or starting their business, Parliamentary Secretary Edward Zammit Lewis said
Following its close of operations in the Channel Islands, Sportingbet will be transferring its regulatory regime from Alderney to Malta. Sportingbet has been present in Malta for the past few months and currently employs 29 workers.
Meanwhile, Streamlogue Operations Ltd will be investing in Malta and will start its full operation in the second half of January. The company will be operating live casino studio facilities.
The company currently employs 53 new workers with the intention to grow further and expand into other niches.
Evolution Gaming Malta Ltd will also be expanding, and is expected to increase its workers from 10 to a total of 130. The number of workers is also expected to increase by the end of the year. This company is an expansion of the operational Live Casino in Riga, Latvia.
The Parliamentary Secretary for Competiveness and Economic Growth Dr. Edward Zammit Lewis expressed his gratitude to newly appointed Lotteries and Gaming Authority chairman Joseph Cuschieri.
"Since the first day in office, the parliamentary secretariat sought to provide a better and more efficient service to gaming operators," Zammit Lewis said while mentioning that the gaming industry amounts to around 12% of Malta's economic product.
The parliamentary secretariat also pledged that the government would continue supporting companies in the digital economy sector.