Gibraltar Internet news source Panorama reported Monday that the British territory’s online-gaming sector has experienced a rash of layoffs in the past year. All told, Panorama said, the number of Gibraltarians employed by online casinos and poker rooms fell from 360 in October 2007 to 261 last month.
Panorama also listed several popular Gibraltar-based online-gaming companies that have shed jobs, as well as the number of positions they’ve cut: PartyGaming, recently in the news for U.S. legal action against co-founder Anurag Dikshit, trimmed its staff of 317 in August to 227 employees in February; Mansion made similar cuts, reducing its IT staff from 149 to 93 worldwide.
Other noteworthy reductions reported by Panorama include those made by Bwin and Victor Chandler, which slashed their workforces from 200 to 177 and from 307 to 262, respectively. Nor were smaller companies spared with startup Carmen Media registering a cutback from 25 employees last year to its current staff of 14.
Panorama did note, however, that many of these cuts were expected after several companies projected they would make them in the third and fourth quarters of 2008. PartyGaming, for instance, said in September that it planned to make 100 positions redundant by 2009.
The online news source also said some companies were still increasing their payrolls, with Stan James bringing on 59 new employees since October 2007 and Mansion saying it is currently recruiting for sales and marketing positions.
phill.provance@gamblingplanet.org
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