Expansion of online betting leads to increase hiring professionals

The online gaming industry, especially in the casino and betting industry, is expected to increase its hiring rate during this and next year due to the need for mid-level professionals and industry growth in recent years. Although with some opposing stances, the world trend has been to regulate gaming operators. The advantages are well known by all parts of the industry.

With regulation, players are more protected from scandalous and clandestine frauds and deals, especially from slots. For the industry, to operate formally allows to work with investments in the stock markets, besides contributing to the hiring of good professionals and to improve the current stigma in the sector. The government benefits, of course, being able to tax both prizes and casino revenue, increasing - sometimes enormously - its revenues.

Regulation and growth

Thus, following recent US regulations allowing the operation of online casinos in a number of different states and the start-up of casino operations in northern and eastern Europe - previously non-existent markets - the industry has been modernizing and growing rapidly, with a wide expansion horizon.

For this reason, the bet of companies is also to invest in infrastructure and especially in personnel. The number of people willing to work especially in mid-level positions - management, logistics, administration - has been insufficient to keep pace with the growth of the industry, which is now seeking to expand in emerging markets such as China and India. According to the recruitment agency specializing in the media and online gaming industry Pentasia, the number of hirings from the year 2017 through May has already surpassed the total number of hirings in 2016.

Despite closing the first quarter of 2017 with a lower yield than the same period last year, slot manufacturer and game technology developer, IGT, indicated that its current priority to ensure the company's growth in the remaining of the year is the hiring of operational management and resources professionals. The company also blames declining earnings on other factors such as higher number of big-prize payments and higher industry taxation in key countries such as Italy.

Qualified professionals

Due to the great success of the industry, the various acquisitions and joins of large groups in the online gambling industry, many of them also acting in other sectors such as hospitality, media and online games in general, many good betting professionals have migrated to other sections of the company, with more traditional exposure. This is also a major cause of recent wave of hiring and shortage of skilled labor.

A Pentasia expert also commented that the largest number of open positions has been for positions as senior sales manager and senior accountants. The competition among large companies in the sector has also increased the number of vacancies and competition for them in the industry, favoring the appearance of new and greater talents. Contrary to those who migrated to other companies in the joints of large business groups, these new contractors already see the sector more secure, mainly due to regularization.

Source: GMB / casinoonline777