The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Arts / Entertainment Arts, Entertainment And Culture Gambling And Betting Activities 92 - Gambling and betting activities
350 jobs Number of planned job creations
Announcement Date
17 May 2012
Employment effect (start)
17 May 2012
Foreseen end date
17 May 2013
Description
Betsson, an online gaming and gambling company and a subsidiary of BML Group Ltd., announced that it will hire 350 new employees throughout the coming year.
BML Group, which originated in Sweden, specialises in online gambling and currently employs 300 workers. BML Group transferred to Malta in June 2006.
The online gaming sector in Malta is estimated to sustain 7,000 jobs, 4,000 direct jobs amongst its 280 online gaming companies and 3,000 indirect jobs, which provide support services to this sector. In addition to the 280 gaming companies already based in Malta, there are currently further 60 applications being processed from companies wishing to set up in Malta.
Sources
17 May 2012: Malta Right Now
18 May 2012: Times of Malta
Citation
Eurofound (2012), Betsson, Business expansion in Malta, factsheet number 73702, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73702.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
