If you work in the iGaming industry, then you’ll know all about Malta. The Mediterranean island was one of the first movers in online gaming regulation, setting out clear rules all the way back in 2004. That smart play set the island up to become what it is today: the world’s premier online gaming jurisdiction, and home to about 10% of the world’s internet gaming companies!

If you’re thinking about taking your iGaming career to the next level, then Malta’s an ideal place to do that. There’s a huge variety of positions available, a who’s who of iGaming brands, multiple start ups, plus great salaries and low tax, and there really is something for anyone who’s interested in working in the iGaming sector.

But before you pack your bags and book a ticket to Valetta, it’s handy to get the lay of the land. In this blog, you’ll find a rundown of key statistics around iGaming in Malta, including information on:

• Number of jobs and companies
• Salaries for different roles
• Cost of living in Malta
• And much more!

iGaming recruitment Malta statistics

If you're curious about job opportunities in Malta's iGaming industry, the following statistics provide a comprehensive overview.

Size of the Maltese iGaming jobs market

According to the most recent statistics from the Malta Gaming Authority (MGA), there are currently 10,685 people working in full time gaming jobs in Malta. Of this total, 9,919 work in online gaming, while 766 people work in land-based casinos and betting shops.

If we also include people working in businesses that service the iGaming industry (law, consultancy, auditing, data centres, etc.) the total comes to 14,950 people. There are 291,000 working age people in Malta, so gaming jobs represent just over 5% of the total.

And the jobs market is frothy. The MGA reports that 65% of gaming companies on the island expect employment in the industry to increase in 2023.

How many iGaming companies are there in Malta?

According to the latest MGA figures, there are currently 332 iGaming companies licensed in Malta. That’s a lot of companies potentially looking for people with your skillset!

So, what kinds of companies are they? Malta has four license types – below is how companies are distributed between them:

• ‍Class 1: Casino Style Games, Lotteries and Slots – 47%‍
• Class 2: Sports betting – 36%‍
• Class 3: P2P, Betting Exchanges, Skins, Tournaments and Bingo – 13%‍
• Class 4: Software vendors taking commission on wagers – 4%

Who are the biggest iGaming employers in Malta?

 The top 10 iGaming companies by revenue in Malta are:

Name: Revenue

Betsson Group: €1.2  billion

Evolution Gaming: €1.0  billion

Kindred Group: €0.9  billion

LeoVegas: €0.8  billion

NetEnt: €0.6 billion

Genesis Global Limited: €0.5 billion

Mr Green & Co AB: €0.4 billion

Gaming Innovation Group: €0.3  billion

888 Holdings: €0.2 billion

Red Tiger Gaming: €0.1 billion

Statistics and data on iGaming salaries in Malta

Salaries in the iGaming sector in Malta can vary greatly depending on your role and level of expertise. To provide a clearer picture, a 2022 iGaming salary survey offers a breakdown of salary ranges. While these salaries may not appear as competitive as in some parts of Western Europe, remember that the cost of living in Malta is significantly lower than on the mainland, and the average salaries in the country are only €18,660.

Moreover, Malta offers one of the lowest income tax rates in Europe, and to attract skilled workers, the government has introduced a separate tax band for certain types of employees working at iGaming companies. This means if you're earning €75,000 or more, your income tax is capped at 15%.

According to a 2022 iGaming salary survey, the following salary ranges are on offer:

Executive level jobs median salary (Euros)

• CEO: 175,000
• CFO: 150,000
• COO: 125,000
• CMO: 125,000
• CTO: 140,000

HR jobs median salary (Euros)

• HR manager: 30,000
• Head of talent acquisition: 60,000
• HR director: 85,000

Finance jobs median salary (Euros)

• Accountant: 40,000
• Head of finance: 75,000

Legal/compliance jobs median salary (Euros)

• Junior compliance / AML officer: 35,000
• Head of AML: 75,000
• Head of legal: 120,000

Operations jobs median salary (Euros)

• Customer support: 27,000
• Customer support manager: 47,500
• Risk, payments & fraud manager: 45,000
• Head of operations: 80,000
• Head of SEO: 75,000
• CRM manager: 45,000
• Games designer: 45,000

Sales & marketing jobs median salary (Euros)

• Account manager: 45,000
• Business development manager: 55,000
• Head of marketing: 70,000

Technology jobs median salary (Euros)

• Junior developer: 30,000
• Senior developer: 55,000
• Head of software: 80,000
• Data scientist: 45,000
• CISO: 90,000

At first glance, these salaries may not look quite as competitive as what you might expect to earn elsewhere in Western Europe. However, remember that the cost of living in Malta is significantly lower than on the mainland, and average salaries are just €18,660. So, almost all iGaming jobs in Malta are significantly higher than the average salaries in the country.

Tax on your salary in Malta

Income tax in Malta is among the lowest in Europe. The following shows income tax rates for 2023:

From  (EUR) to (EUR) = Income  tax rate (%)

0 to 12,700 = 0%

12,701 to 21,200 = 15%

21,201 to 28,700 = 25%

28,701 to 60,000 = 25%

60,001 and above = 35%

What is more, to attract skilled workers to Malta, the government has created a separate tax band for certain types of employees working at iGaming companies. For workers with specific skills who earn €75,000 or more, income tax is capped at 15%.

Career development and networking

Malta is a fantastic place to develop your skills. According to the MGA, there were 74 iGaming training courses and workshops delivered in Malta in 2021. So, if you’re looking to polish up your know-how, there are plenty of opportunities.

What’s more, Malta is one of the best places in the world to network as an iGaming professional. Besides major events like Sigma and iGamingNEXT, there are at least 9 large conferences taking place on the island in 2023 year, plus countless more seminars and networking sessions.

Living in Malta

Malta offers more than just work opportunities; it's a place where you can truly enjoy life. The archipelago boasts an average of 300 days of sunshine per year, with temperatures peaking at 32°C in July and mellowing to a still warm 17°C in February.

English and Maltese are the two national languages, but English is spoken almost universally, making it easy for expats to settle in. As for living expenses, while rent can vary, average monthly costs for a family of four is estimated to be around €3,861 and €1,970 for a single person.

Weather

• 300 days of sunshine per year on average
• Hottest average temperatures of 32°C in July
• Coldest average temperatures of 17°C in February

Language

Maltese and English are the two national languages, and English is spoken near-universally.

Rental

Average monthly rental prices in Malta are shown below:

• One-bedroom apartment in the city centre: €825
• One-bedroom apartment outside the city centre: €685

Cost of living

Here are some average monthly costs for living in Malta:

• Family of four estimated monthly costs: €3,861
• Single person estimated monthly costs: €1,970

Find iGaming jobs in Malta

As this statistical rundown shows, the opportunities for iGaming professionals in Malta are simply fantastic!

So, if you’re considering moving to Malta, you’ll need a recruitment partner who can help you find your dream job. At TalentBet, we work with iGaming professionals from around the world to find incredible careers in Malta.

Contact us today, or sign up and create your account.