NetEnt to further expand business in Malta

Net Entertainment (NetEnt) said they are planning further expansion to their existing business in Malta.

Managing Director of NetEnt Malta, Enrico Bradamante, disclosed this information during the visit of Jose Herrera, Parliamentary Secretary for Competitiveness and Economic Growth and Joseph Cuschieri, Executive Chairman of the Malta Gaming Industry (MGA) at the NetEnt office in Ta’Xbiex.

NetEnt (Get to know the company’s background at: https://en.wikipedia.org/wiki/Netent) has been in Malta for almost a decade and currently employs 157 employees.  They plan to increase workforce in Malta by twenty percent.  They are also planning to expand to new offices next year.

“…We are planning further expansion.  We are committed to continue building on the good business relationship established over the years with the Malta Gaming Authority,” Bradamante said.

Jose Herrera said regulating remote gaming started out as an experiment.  “…Ten years later, Malta became an experienced regulator,” Herrera said.

Malta was one of the first EU member state to regulate remote gaming.  Now, it is looked up to as a role model by other countries when it comes to remote gaming regulation.  Cuschieri said though that they would continue to innovate to address the challenges that the industry is facing.

“The regulatory review currently underway which will lead to new legislation is taking into account new emerging trends in consumer behavior, technology development, mobility of services and interoperability amongst other factors,” added Cuschieri.

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