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    H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.

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    H2 Gambling Capital upgraded online gambling’s share of expected 2020 global gross win to 17.4% this week, with this expected to edge past 18% in the not-too-distant future.

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    Buzz Bingo is to permanently close more than a quarter of its UK bingo halls, with over 500 employees set to lose their jobs.

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    Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).

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    The Japanese Racing Association's Q2 results coming in ahead of pre-Covid expectations saw a stabilisation in H2 Gambling Capital’s 2020 forecast this week.

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    An improved performance from online and land-based slots, coupled with growth in lottery and betting revenue, saw the Czech Republic’s regulated gambling market grow 16.0% year-on-year in 2019.

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    An end-of-quarter exchange rate adjustment offset a further downgrade in H2 Gambling Capital’s 2020 forecast for the pandemic-hit global gambling sector this week.

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    Rank Group believes its profit for the fiscal year ended 30 June 2020 will come in at the lower end of its £48m to £58m guidance following the disruption caused by the novel coronavirus (Covid-19) pandemic.

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    H2 Gambling Capital saw the first gain in its 2020 gross gambling win forecasts this week since it started tracking the impact of the pandemic on the sector five months ago.

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    New obstacles to recovery in the Asia-Oceania region erased hopes of a stabilisation of H2 Gambling Capital’s forecasts for the global gambling sector this week

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    A new survey by the UK government reveals that gambling businesses are split over whether they can withstand the disruption caused by novel coronavirus (Covid-19), though a significant number of respondents reported revenue being wiped out by lockdown.

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    H2 Gambling Capital's tracking of the cumulative impact of the pandemic on the global gambling sector has seen the biggest absolute fall in FY expectations for five weeks.

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    South African gaming and entertainment business Tsogo Sun Gaming said it lost an estimated ZAR400m in revenue as a result of the novel coronavirus (Covid-19) pandemic disrupting operations in its fiscal year ended 31 March, 2020.

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    The GB Gambling Commission has reminded operators that its ban on the use of credit cards for gambling extends to payments made through ewallets and other money service businesses (MSB). 

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    H2 Gambling Capital has provided the biggest downgrade to its annual outlook for the global gambling sector in three weeks as reopenings in Asia fell short of expectations

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    The Betting and Gaming Council (BGC), the body that represents Great Britain's betting and gambling industry, has urged the government to continue to be flexible as it prepares to taper off its novel coronavirus (Covid-19) furlough scheme in order to protect jobs in the sector.

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    The GB Gambling Commission has reported a 0.5% decline in gross gambling yield (GGY) for the 12 months from October 2018 to September 2019, though this was mitigated in part by an increase contribution from online gaming. However, year-on-year comparisons reveal a 1.8% decline in online revenue. 

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    Spanish gambling operator Cirsa has reported a year-on-year drop in operating income and operating profit for the first quarter, primarily due to the closure of land-based gaming facilities across a number of markets as a result of the novel coronavirus (Covid-19) pandemic.

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    H2 Gambling Capital has further downgraded its FY expectations for the sector to 21.5% below its pre-outbreak forecast.

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    The UK’s Betting and Gaming Council (BGC) has praised the government for its decision to extend the novel coronavirus (Covid-19) furlough scheme through to October, saying this will help to protect thousands of workers in the gambling sector.

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