The InnovateChange Pentasia salary survey report highlights the end of spiralling wage growth in the sector. It also brings attention to the increasing demand for specialist hiring in new markets and the effects caused by delays to the UK Gambling Act review white paper.
This annual salary survey, presented in partnership with InnovateChange provides valuable insights into the evolving igaming talent landscape. It offers a comprehensive view of the industry’s compensation trends and strategies shaping its future.
The headline figure reveals that salaries across the sector have experienced an overall increase of 3.98%. This shift is occurring amidst the remarkable growth witnessed since 2020, resulting in high demand for talent and corresponding wage inflation. However, salaries are now finding their equilibrium, indicating a maturing igaming market focused on sustainable growth.
As new geographic markets emerge, growth in the sector increasingly stems from these regions. Particularly, significant attention is drawn to the rising activity in LatAm, specifically Brazil, where online casino and sports betting are soon to be legalized. However, finding individuals with industry-specific experience in these regions presents a challenge, highlighting the importance of well-established relationships in navigating the talent landscape.
The prolonged delay in the release of the UK Gambling Commission’s white paper, which has caused uncertainty, cannot be understated. Companies must focus on relationship-building during such times to navigate changing regulations and market conditions effectively. Strategic partnerships play a vital role in this ever-evolving environment.
At Pentasia, we value relationships over transactions. Partnering with our clients allows us to provide continued support for their growth. We hope this report serves as a valuable resource in strategic decision-making, particularly in aligning talent acquisition and retention with company objectives and growth strategies.
– Alastair Cleland, Managing Director, Pentasia – part of the Conexus Group
