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Salaries which by Maltese standards are considered to be very high are still deemed by the online gaming industry as not competitive enough compared to other countries, according to a survey.
The study on Maltese iGaming salaries in the industry by Bostonlink – a recruitment company in the gaming industry – shows that salaries among executives working in Malta are still not competitive when compared to competing iGaming centres, particularly London and Gibraltar.
The survey found that while executive pay in Malta continues to be competitive and high performers can demand impressive salaries, average base salaries last year ranged between €90,000 and €140,000 a year.
The recruitment company, however, emphasised that there "are a lot" of gaming executives in Malta earning significantly more than the average base salaries.
The survey shows that when excluding benefits and perks, a CEO of a gaming company in Malta can expect to earn some €140,000 a year.
However, this is only the average, as many are earning up to €200,000 a year.
At the same time, other average salaries of top executives range from €130,000 for a marketing director to €120,000 for a number of positions from chief...