I’m thrilled to present this year’s iGB-Pentasia Salary Survey, which delves into the shifting landscape of talent and salary trends in the igaming sector.
According to Pentasia MD Alastair Cleland, the more consistent rise in sector wages leads to more predictable expenses for gaming companies.
The survey offers crucial insights into current market trends, including salary scales and major factors affecting talent demand. This report not only tracks ongoing changes but also points out strategies and opportunities to help igaming firms achieve sustainable growth in the future.
As highlighted on the cover, salaries have been stable for the last two years, closely tracking inflation rates. With a 3.98% increase last year and a 3.33% anticipated in 2024, this marks a shift from the sizeable salary hikes seen between 2020 and 2022, a time shaped by the pandemic’s effects.
As predicted in last year’s review, this stability has fostered an environment allowing igaming companies to pursue strategic goals—like expanding market reach—within the framework of more foreseeable costs.
**Opportunities in Latin America**
While the industry as a whole enjoys stability, certain regions and sectors remain exceptionally competitive. There’s a fierce contest as companies aim to establish themselves in South America.
Brazil, which has received many applications for its new licenses, is clamping down on illegal operators. The country’s regulatory structure necessitates specific roles, ensuring growth and job creation in the area. Consequently, experienced candidates in high-demand positions can anticipate competitive salaries.
Colombia, the first nation in the region to regulate igaming, recorded £1.9 billion in revenue in Q2, alongside a 2.1% growth in GDP. These developments indicate ongoing opportunities in Latin America.
Meanwhile, key operators in the United States have encountered struggles. Aligning strategically with the appropriate markets is now vital for success, emphasizing the necessity for a thoughtful approach to market expansion.
**iGB-Pentasia Salary Survey: Increasing Emphasis on DEI**
Globally, there is a sustained demand for top-tier talent, as the salary survey indicates. Modern igaming companies seek creative and innovative individuals who offer diverse viewpoints. Diversity, Equity, and Inclusion (DEI) have become essential, with companies understanding that an effective human capital strategy must encompass various voices and experiences.
In this report, we’ve emphasized DEI’s role in driving successful outcomes, affirming its significance as a fundamental aspect of strategic talent management.
I express my heartfelt appreciation to everyone who contributed to this year’s survey, especially those who shared their experiences and our industry experts who analyzed the data and offered their insights. Your contributions make this report possible, and we hope it serves as a valuable guide for navigating the future of the igaming industry.
