Bet365 Confirms Malta ExpansionMEDIA ROOM
Bet365, the top gaming site worldwide, has confirmed that it plans a major expansion in Malta. It denied earlier claims that this will involve a relocation of its operations to Malta and insisted that it is committed to Gibraltar and to having its main presence there.
In 2015 Bet365 had obtained a Class 2 sports betting licence issued by the Malta Gaming Authority and set up marketing operations in Malta. This confirmed that the company was already making plans to scale up its presence in Malta.
“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.”