Around 120 jobs to be axed as gaming company exits Malta
Gaming Malta agency to support the workers and help them get new jobs
Around 120 employees are set to lose their jobs after gambling operator Aristocrat Interactive announced it will shut down its Malta operation by the end of June.
The decision follows a move to wind down the company’s white-label iGaming business, according to Ambra Battiston, an anti-money laundering manager at Aristocrat Interactive, formerly Aspire Global.
A white-label iGaming solution is a ready-made platform provided by one company that another business can rebrand and use as its own, allowing operators to enter the market without building their own infrastructure.
Over the weekend, Battiston said the closure would directly affect the local staff.
“The office in Malta will be closed, and all employees will be made redundant at the end of June,” she said. “Approximately 120 people based in Malta will be made redundant and are therefore available and willing to bring their knowledge and skillset to other companies.”
She noted that employees within the white label division have experience working in highly regulated markets, including the UK and Ontario, as well as under the Malta Gaming Authority (MGA).
An Aristocrat Interactive spokesperson confirmed the development to tech publication Readwrite, saying, “Aristocrat Interactive has made the decision to cease offering its white label iGaming services to customers in all relevant jurisdictions and as a result the company will also wind up its Malta operations, close the local office, and exit the region.”
The spokesperson said the changes are expected to take effect on June 30 this year, subject to any regulatory requirements.
They added: “This decision follows a review of Aristocrat Interactive’s white label operations, which determined that these are not core to its growth strategy and a review of the company’s overall Malta footprint.”
In reaction, Malta Gaming said it is working with the company’s leadership and government stakeholders to support affected workers during the transition period.
e“Our priority is to help facilitate opportunities for these professionals to be redeployed within Malta’s broader gaming and digital ecosystem.”
The organisation said there are around 1,200 vacancies among Malta Gaming Authority licensees, along with additional roles in companies operating outside the MGA framework.
“These figures give us the peace of mind that Malta’s iGaming sector remains one of the country’s strongest and most resilient economic pillars”
Malta Gaming said it remains committed to assisting those impacted and expressed confidence that alternative employment opportunities will emerge in the sector.
It also called on companies seeking experienced professionals to get in touch, as efforts continue to match affected workers with potential employers.