Tough times


Gibraltar, home to many of the online gambling industry's major companies, is experiencing a tightening employment market with 100 jobs lost to date, reports the Gibraltar Panorama this week. Among companies that have reduced staff are Party Gaming and Mansion group, the newspaper reports.

Employment numbers remained stable between October 2007 and August 2008, but figures for last month show a reduction from 1803 to 1699.

The decline does not come as a complete surprise; in September last year there were reports that PartyGaming was looking at making about 100 staff redundant . The Party Gaming workforce is now down to 227 from 317 in August last year and 335 the previous year.

Mansion also disclosed well in advance that it may be shedding IT jobs, although it said that this may be balanced by the hiring of more sales and marketing specialists. The current employee numbers at Mansion last month show that its employee roster has shrunk from 149 to 93.

Panorama reports that other local companies on a downhill trend job-wise include Victor Chandler, 32Red.com, 888.com and Bwin. Chandler staffing dropped from 307 to 262 last year, although it has picked up slightly and stood at 275 in February 2009. Online casino company 32Red.com staffing levels declined from 117 to 45 last month, whilst Bwin dropped from 200 last year to 177 last month. 888 Holdings showed a slight reducing trend over the period.

Panorama also singles out online casino group Carmen Media for attention, reporting that its staff has been reduced from 25 to 14. Taking an overall look at the situation, the newspaper concludes that the number of Gibraltarians employed in online gambling has gone down from 360 in October 2007 to 284 in August 2008 and has now dropped to 261 - representing a loss of 100 jobs over the period.

Apparently bucking the downward trend, Stan James group had 194 employees locally in October 2007, which increased to 237 in August 2008 and stood at 253 last month.

General Gambling News

Members Comments

  • maggie4min

    27/3/09

    Coolcatcasino.com is hiring, they are expanding thier marketing department, Fraud and customer care.

  • kaboomba

    27/3/09

    Expanding their fraud? How unsurprising

Login to post a comment:


 
 

Click Here to register a new account
 
 

What's going on right now!

2mins ago someone from United States of America United States of America played EggOMatic

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

  • New Members
    22
  • Members Online
    294
  • Guests
    2,000
  • New Posts
    201

Totals

Casino Of The Month

Casino of the Month

Casino Software

Highest Community Rated Online Casinos
138SunGame
  (24 Ratings)
NextCasino
  (83 Ratings)
Jackpot Party
  (32 Ratings)
Bet365 Games
  (97 Ratings)
CasinoLuck
  (142 Ratings)
Betsson Casino
  (130 Ratings)
Guts Casino
  (95 Ratings)
Intertops Casino Classic
  (50 Ratings)
Spin Palace Casino
  (69 Ratings)
Conan Casino
  (13 Ratings)
ComeOn Casino
  (140 Ratings)
Betsafe Casino
  (101 Ratings)
Unibet Casino
  (74 Ratings)
Thrills Casino
  (68 Ratings)
Mr Green Casino
  (196 Ratings)
32 Red Casino
  (159 Ratings)
Jackpot Capital
  (84 Ratings)
Vera John Casino
  (114 Ratings)
Casino Saga
  (52 Ratings)
Redbet Casino
  (70 Ratings)
BETAT Casino
  (107 Ratings)
3Dice Casino
  (138 Ratings)
Sin City Casino
  (50 Ratings)
Winner Casino
  (268 Ratings)
Virgin Games
  (37 Ratings)
River Nile Casino
  (60 Ratings)
Mummys Gold Casino
  (105 Ratings)
BetVictor Casino
  (108 Ratings)
Casino Royale24
  (114 Ratings)
Casumo
  (64 Ratings)