Record number of companies operating in the gaming sector

Last year was once again a success for the gaming sector in our country. This because the number of companies operating in the sector reached a record figure of 341. This was 18 more than there were at the end of 2020, or a 6% increase in the number of companies active in the sector.

The number of licences active in the sector also rose to 351 in 2021, from 328 at the end of 2020.

Since Dr Robert Abela became Prime Minister the number of companies operating in the gaming sector has increased from 294 to 341. This means that over the course of a pandemic on average there has been an increase of two more companies per month. In the same two years there was also an increase of 53 licences, or a growth of 18%.

Since Dr Robert Abela became PM the number of companies in the gaming sector has increased from 294 to 341.

Data published by the National Statistics Office indicate that the value added of the arts and recreation sector, which includes gaming, in the first nine months of 2021 was €100 million, or 16%, higher than in the same period in 2019.

In the same period, Eurostat data indicates that employment in the sector increased by around 1,600. This means a growth of more than 9% in the two years that Prime Minister Robert Abela has been in office. Every day 2 more employees joined the sector.

When looking at these trends, analysts in the gaming sector point out that the fact that despite the FATF’s decision, as well as the pandemic, the gaming sector continued to grow rapidly and create hundreds of new jobs is the best confirmation of the great credibility our country enjoys in this dynamic sector.

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