Soft2Bet unveils new Malta office
B2B and B2C firm debuts new hub at the Quad Central business centre to host more than 130 staff as opening ceremony attended by island’s economy minister
Soft2Bet has opened a new office situated at the Quad Central business centre in the centre of Malta to house more than 130 employees.
The new hub was inaugurated on 28 March in the presence of Malta’s Minister for the Economy, Enterprise and Strategic Projects, Silvio Schembri, Gaming in Malta CEO Ivan Filetti and several of the firm’s Malta-based long-term partners.
Several senior executives at Soft2Bet attended the office opening, including founder and CEO Uri Poliavich, general counsel David Yatom and CFO Max Portelli.
The new office space is spread across two floors and accommodates over 130 staff members. It includes a large networking area, two balconies, private meeting rooms and modern equipment.
The Quad Central includes more than 38,000 sq m of office spaces and more than 7,000 sq m of open space and piazzas.
Fellow supplier Booming Games is already located in the park, which opened in February 2022, with the first tenant being financial services firm Apex Group.
On the new hub, Schembri remarked: “It is an honour for us to be here because Soft2Bet shows what we believe in as a country and as a government.
“The perseverance of a company starting from a small office in Sliema, just a few years ago, employing less than five people; and in just a few years, within the land of opportunity, they became one of the most important gaming companies in Malta,” the minister continued.
Portelli added that the opening of the new office would facilitate the hiring of top talent in the igaming hub.
The CFO said: “We are delighted to be contributing to the local economy and the igaming industry by creating attractive employment opportunities for executives interested in developing strong careers and enjoying the best professional progression paths available in Malta.”
Last month, the B2B and B2C firm reported that revenue in 2023 rose by 46% thanks to market expansion and gamification.
The company also announced it had recorded a 207% rise in EBITDA in 2023.