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EC GDP FORECAST<br />
Malta Business Review<br />
EU REVISES ITS GROWTH FORECAST FOR MALTA<br />
Minister for Finance Edward Scicluna<br />
welcomes the European Commission’s 2018<br />
Winter Forecast wherein Malta’s growth rates<br />
have been revised upwards for the years 2018<br />
and 2019.<br />
Minister Scicluna stated that, “this upward<br />
revision on behalf of the EU is a confirmation<br />
that Malta’s high rates of economic growth<br />
are here to stay.”<br />
The European Commission acknowledges<br />
the strong growth recorded by the Maltese<br />
economy last year, adding that growth<br />
continued to surprise positively, with growing<br />
services exports continuing to be the main<br />
drivers of growth. The report further notes<br />
that growing exports are also serving to boost<br />
the current account surplus.<br />
In 2018 and 2019, the European Commission<br />
expects private consumption to become the<br />
main driver of growth on the back of strong<br />
employment growth, improved consumer<br />
confidence and growing disposable income.<br />
Investment is forecast to recover, led by the<br />
residential construction sector. On external<br />
trade, the report expects exports to continue<br />
rising in line with the growing demand by<br />
Malta’s main trading partners.<br />
The report notes that inflation was lower than<br />
the euro area average last year as relatively<br />
moderate increases in regulated fuel prices<br />
contained overall inflation. It further expects<br />
inflation to increase modestly but remain below<br />
the 2% threshold in the coming years. MBR<br />
Credit: Ministry for Finance<br />
ICE 2018 - ASTONISHING DAYS FOR BTOBET AT S1/320<br />
BTOBET dancers- ice2018<br />
BTOBET's combination of technology, trust,<br />
flexibility and human ability - metaphorically<br />
performed by the professional acroduo<br />
dancers - left operators and bookmakers<br />
totally impressed.<br />
The multinational iGaming and Sports<br />
betting technology provider BtoBet<br />
successfully concluded its second day<br />
exhibiting at ICE Totally Gaming 2018, where<br />
operators and bookmakers from Europe,<br />
Africa and Latin America came to discover its<br />
comprehensive suite of products including<br />
a full sportsbook platform called Neuron<br />
Sports for bookmakers and its iGaming<br />
platform called Neuron Gaming.<br />
BtoBet’s stand this year shows a fullbody<br />
humanoid, with real human eyes,<br />
representing how BtoBet transforms<br />
technological skills into human ability,<br />
how functionality becomes competence,<br />
helpfulness becomes benevolence, and<br />
reliability becomes integrity.<br />
At ICE, BtoBet is highlighting how its<br />
technology is the perfect combination of<br />
computer science and human ability, that<br />
ensures clients enjoy a substantial brand<br />
impact on the market.<br />
To illustrate the technological transformation<br />
that BtoBet offers, the professional acroduo<br />
dancers performed at the stand and around<br />
the pavilions, expressing the perfect metaphor<br />
for what BtoBet can do for its partners in the<br />
sports betting and iGaming industry.<br />
Commenting on the first day at the show in<br />
London, BtoBet’s CEO Kostandina Zafirovska<br />
stated:<br />
“Neuron Sports and Neuron Gaming, both<br />
deploy a flexible technology, ensuring that<br />
our clients can change with the circumstances<br />
and evolve with our product.<br />
BtoBet’s chairman Alessandro Fried also<br />
highlighted: “BtoBet is a partner, not a supplier,<br />
and as partners we provide constant support<br />
to our clients; our support department is<br />
working closely with our client’s operations<br />
team – as colleagues – helping them during<br />
the everyday operational job, identifying<br />
their needs and working side by side. All<br />
bookmakers and operators that wish to see<br />
their brand evolve and become unique in the<br />
market will have the chance to meet us at ICE<br />
2018, stand S1-320 till 8 February.” MBR<br />
All rights reserved - Copyright 2018<br />
ABOUT BTOBET<br />
BtoBet is a multinational company and is part of a group<br />
with 20 years of experience in software development<br />
in IT, finance, telecommunication, e-commerce and<br />
banking, strongly committed to technology and widely<br />
investing in technology research and development. The<br />
experience gained in these advanced environments,<br />
allows BtoBet to be visionary in the iGaming and<br />
Sports betting industry with a deep understanding of<br />
the requirements of the market, catching changing<br />
trends and anticipating bookmakers’ and operators’<br />
needs. BtoBet is a true partner in technology, offering a<br />
standalone platform and services for the iGaming and<br />
Sports Betting industry. It counts on a very talented,<br />
continuously trained development team and day to<br />
day management support to clients. BtoBet allows<br />
licensees to be unique in the market, by giving them<br />
the opportunity to completely personalise their offers<br />
for Sports betting and iGaming business, online mobile<br />
and retail. BtoBet has technical branches with large<br />
ever-growing teams of developers in Skopje, Ohrid,<br />
Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts<br />
the commercial and marketing centre. Visit our site on:<br />
www.btobet.com<br />
www.maltabusinessreview.net<br />
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