Malta, which calls itself “iGaming Capital of the World,” has hundreds of vacant positions due to lack of experienced talent in the small country.
This week, the Malta Gaming Authority (MGA) published the results of an industry survey which came with astonishing disclosures. The MGA Information & Research Unit said in 2018, a total of 730 positions went vacant. The review found that the main reasons for the large number of vacancies, was a lack of qualified candidates.
The gaming companies informed those who did apply did not have work experience, and when a candidate did have the required qualifications, there was strong competition from other firms.
Peter Spiteri, the MGA’s chief officer of finance and program management, said, “We are pleased to publish the second paper on the Skill Gap Affecting the Online Gaming Industry, with a view to shed light on the current state of play regarding human capital found on the island.”
As reported by casino.org, the MGA’s mission is “to regulate the various sectors of the gaming industry that fall under the Authority by ensuring gaming is fair and transparent to the players, preventing crime, corruption and money laundering, and by protecting minor and vulnerable players.”
Not Enough Maltese
The report found that the bulk of unfilled vacancies (68 percent) were at the operational level. Sixty-nine percent of the vacancies remained empty for three months or less.
Now, around 35 percent of Malta gaming companies are conducting in-house training to fill the talent gap. The Malta College of Arts, Science and Technology offers an iGaming degree; however, firms working in the industry say the country needs to do more.
The MGA concluded, “While acknowledging that significant milestones have been achieved … the study indicates that there is significant potential for the local educational system to contribute in addressing the continuous thirst of the industry for a skilled workforce.”
Malta has been considered one of the world’s leading interactive gaming hubs for a long time. The MGA offers two types of licenses. A “Gaming Service License” is a business-to-consumer permit to run online gaming. A “Critical Gaming Supply License” is a business-to-business allowance.
Malta is attractive to iGaming companies because of the country’s low tax rates, as well as its inclusion in the European Union.
iGaming Capital Editor Marie-Claire Grima said, “iGaming has become one of the most important sectors for Malta. Its presence on the island has affected the country’s economy, lifestyle, and culture in countless ways.”
In 2018, gaming companies located in Malta reported gaming revenue of €47.41 million ($52.6 million).
Lately, Malta has been in the news for an undesirable reason: murder
In the 2017 assassination of Daphne Caruana Galizia, the investigative journalist, Yorgen Fenech, the country’s largest casino owner, is a suspect.
For their supposed connection to Fenech, three Malta government ministers have resigned. The nationwide scandal is continuing.