Malta’s iGaming industry will take a knock unless the current political situation stabilises, an association representing leading players in the sector has warned.

“The extraordinary events happening over the last few years and culminating in the last two weeks in Malta, have been and continue to be of grave and growing concern to the iGaming industry operating internationally and based in Malta,” iGEN said.

“Like many others, our industry thrives on stability and demands high standards in rule of law of the institutions that govern the countries in which we operate.”

The association said that while its representatives remain committed to Malta, they look forward to the swift implementation of the MONEYVAL report, the recommendations from the Council of Europe and the satisfactory conclusion of a truly independent investigation of the murder of Daphne Caruana Galizia and of all corruption cases.

It pointed out that the iGaming industry is the second largest industry in Malta, behind tourism, representing 13.5% of the country’s direct GDP.