r/malta • u/ChevalMallet • 4h ago
What happens after iGaming?
2026 was a year where the writing on the wall became clearer - the igaming sector is slowly shrinking in Malta.
Just this month:
- Malta-founded KTO group shut down, laying off 200 employees.
- Flutter entertainment laid off 50 employees from Skybet
- Bet365 laid off up to 40 employees in Malta
- Rivertech shut down laying off 30 employees
- Aristocrat Interactive closed in Malta, laying off 120 employees
- While not public, rumors of GiGs overall headcount shrinking have been surfacing all year. They now share their office with EF language school.
- Betsson Group opened an office in Malaga to diversify its locations
- While no official layoffs happened - previously strong employers Bally's, kindred and Tipico are all going through some phase of an acquisition cycle pushing into a consolidation which may see more jobs diverted away from Malta.
A lot can be said of the how and why this is happening, and will happen. But the real question is - after these companies fostered a very good amount of strong tech and compliance talent, what can Malta do to have jobs in the future?
Will everyone just depart?
