Industry News
Ibiza on the Road of Becoming an iGaming Industry Hotspot
An ever-increasing number of iGaming companies are offering the chance for their employees to work remotely. Many of them have relocated to Ibiza due to its beautiful weather and the island’s combination of peacefulness and vibrant nightlife.
The iGaming industry consists of online gambling niches. Online casinos, bookmakers, bingo sites and esports all fall under the umbrella of iGaming. Online gambling is popular worldwide and is a multi-billion-pound industry.
The online gambling market is expected to reach USD 87.75 billion by 2024 with online betting as the fastest-growing segment. Online sports betting was recently legalised in the USA which means online gambling companies are likely to expand their sports betting options.
The standard of living on the island of Ibiza compared to Malta is much higher, this is one of the reasons many iGaming professionals who began their careers in Malta decide to island hop when the chance becomes available. Ibiza offers its residents the same beautiful weather, sun, sea and sand that Malta offers but without the traffic chaos and overextended housing market.
