Flutter Announces Sky Bet Malta Office Shutdown Amid Strategic Shift

Key Moments: Flutter has revealed plans to close Sky Bet’s Malta office, less than a year after relocating its commercial headquarters from the UK to Malta. Approximately 50 positions in Malta are at risk, with remaining staff members expected to transfer to Gibraltar as part of wider restructuring efforts. The Machine Games Duty (MGD) rate, previously feared to double, is now anticipated to increase from 20% to 25% in the upcoming Budget, offering some relief to industry operators.