Bet365 Confirms Malta Expansion

21st May 2018

Bet365 insisted though that it remained committed to Gibraltar and would maintain its presence there.

Gibraltar-based gambling company Bet365 has played down claims that it is relocating to Malta, although it plans a major expansion here.

The company, which holds a Class 2 sports betting licence issued by the Malta Gaming Authority (MGA) and has marketing operations based in Malta, confirmed it was scaling up its presence here.

Bet365 insisted though that it remained committed to Gibraltar and would maintain its presence there. It said that reports in Maltese media were “speculation”, and said the numbers quoted of workers relocating to Malta were “wholly inaccurate”.

“Due to regulatory developments in various jurisdictions and the evolving global regulatory environment for online betting and gaming, we have decided to increase our existing presence in Malta, which provides a mature and robust regulatory environment for the industry,” a spokesman for Bet365 said.

“We are taking additional property space and looking to recruit additional personnel in Malta to support our online operations and will also be expanding our infrastructure capabilities there.”

“Notwithstanding these plans for Malta, we can confirm that we will be retaining our strong presence in, and commitment to, Gibraltar where our main operational hub is based and will continue to maintain our existing dual regulatory and licensing strategy and presence.”


22nd May 2018

“We are very happy to mark the completion of this latest investment and we are confident that our new corporate office block will be an inspiring workspace which stimulates innovative thinking and collaboration," stated Louis A. Farrugia, Farsons Group Chairman.

21st May 2018

FELTOM CEO James Perry has expressed concern that other destinations are registering growth from certain countries while Malta has only seen a minimal increase.

FROM INTERVIEWS

Jo Caruana - 20th May 2018

“[Compliance] is a bit like security at an airport – you have to go through the inconvenience of it, but, in the long run, it is of benefit, if you’re not one of the minority of people with bad intentions,” says Mr Beane.

Marie-Claire Grima - 19th May 2018

The introduction of the General Data Protection Regulation (GDPR) has wide-ranging consequences for businesses operating in the EU as well as outside the bloc – but what does it mean for Malta?