One of the largest betting companies in the world, William Hill, has announced plans to open a satellite office in Malta, making it the latest gambling firm to shift some of its operations outside of the U.K. in anticipation of Brexit.
“We are setting up a Malta office and a small initial organisation for our international facing business post-Brexit. All current locations are unaffected by the new operation.”
William Hill Chief Digital Officer, Ulrik Bengtsson
A spokesman from the company added:
“With William Hill’s online customer base overwhelmingly in the UK, Gibraltar will continue to be its key operational hub post-Brexit. However, Malta provides an option for international operations should they be required after Brexit so an exploratory project team is being recruited with regulatory, legal and compliance roles.”
Hill is the second gambling firm this year to announce its decision to move part of its operations to Malta post-Brexit. Just last month, sports betting giant Bet265 also announced that it would be opening a Maltese office and shifting some of its operations from Gibraltar to Malta.
Many gaming analysts have speculated that gaming firms located in the U.K., and Gibraltar particularly, will relocate to other jurisdictions following Brexit. Malta has become attractive to gaming operators due to a number of factors, mainly its European Union membership and low taxes.