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Fears of job losses as bet365 chooses Malta

Fears of job losses as bet365 chooses Malta
/ REUTERS
  • Sources say the continuing Brexit landscape is causing a great deal of uncertainty

The leading betting and gaming company bet365 has announced that it is to relocate some of its operations to Malta, where it has held a licence since 2015.

The company says it plans to maintain a presence in Gibraltar, but there are fears that the move will result in staff redundancies. The firm employs around 500 people locally.

Sources at bet365 say it is challenging to operate from different locations, and the continuing Brexit landscape is causing a great deal of uncertainty.