Lottoland – the company behind jackpots such as EuroMillions and MegaMillions - has stated that it is not moving to Malta, after reports that the Gibraltar-based betting giant recently obtained two licences from the Malta Gaming Authority (MGA) gave rise to a great deal of speculation.
“Gibraltar is our home and we have no plans for this to change," said Lottoland CEO Nigel Birrell. "This is the only comment we are making.”
The company’s head office is currently based in Gibraltar’s Ocean Village Marina and employs around 300 people.
The licences Lottoland obtained in Malta can be viewed on the MGA's website and state they are for the company to “provide a service for the purposes of engaging with end consumers” and to act in a “business-to-business capacity”.
While Lottoland denied that it would be moving its headquarters from Gibraltar, the acquisition of the two Malta licences could be a possible precursor to the company transferring some of its operations to Malta when Britain leaves the EU at the end of this month.
Last May, fellow Gibraltar-based gambling giant Bet365 played down claims that it was relocating to Malta, but said that it was planning a major expansion here.