Internal restructuring
Location of affected unit(s)
Ta' Xbiex
Arts / Entertainment
Arts, Entertainment And Culture
Gambling And Betting Activities
92.00 - Gambling and betting activities

130 jobs
Number of planned job losses
Job loss
Announcement Date
29 January 2018
Employment effect (start)
29 January 2018
Foreseen end date
29 January 2018


Malta's largest online betting company, Betsson, has reduced its workforce by 130 employees, as part of an internal restructuring process to streamline the Group and increase its efficiency.

Termination letters will be issued at the end of January and job cuts were implemented with immediate effect. This measure will reduce the local company’s 1,100 employees to 970 and is predicted to save the company somewhere between € 5 to 6 million annually. Betsson, which prior to this restructuring employed 1,900 workers globally, will be cutting a further 30 jobs from one or more of its 11 other locations.   

The government is confident that the employees who are being made redundant will find employment with other companies in the gaming sector. It has also expressed its gratitude to Betsson for reaffirming that it will retain its headquarters in Malta.


  • 29 January 2018: https://www.timesofmalta.com/
  • 29 January 2018: http://www.independent.com.mt/


Eurofound (2018), Betsson, Internal restructuring in Malta, factsheet number 93253, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93253.