The national government of Colombia has legally ratified Decree 808, which was introduced in June this year to help shore up the country's gambling industry and protect funding for its heathcare system in the wake of the novel coronavirus (Covid-19) pandemic.
Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.
Rank Group has reported a year-on-year decline in net gaming revenue (NGR) and net profit for its 2020 financial year, mainly due to the impact of the novel coronavirus (Covid-19) pandemic on its land-based operations.
Southern European and Latin American operator Codere was hit hard by novel coronavirus (Covid-19) in the first half of 2020, with the pandemic shuttering its land-based venues and the resulting lack of sports weighing down its online business.
The Colombian city of Cartago, in the department of Valle del Cauca, is to be the first municipality in the jurisdiction to authorise a pilot plan to reopen land-based gaming venues following the novel coronavirus (Covid-19) lockdown.
Australia’s Tabcorp has seen revenue fall 4.8% in its fiscal year ended 30 June, amid disruption caused by the novel coronavirus (Covid-19) pandemic, with a hefty impairment charge resulting in the operator swinging to a loss for the year.
GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.
Colombia’s Ministry of Health has published a decree allowing local districts and municipalities to authorise the reopening of casino and bingo establishments as part of a ‘pilot programme’, provided they act in line with safety protocols issued by the Ministry of Health and Social Protection.
Norway’s gambling regulator Lotteri-og stiftelsestilsynet (Lotteritilsynet) has eased requirements for operators looking to offer online bingo by extending the period for meeting a minimum revenue threshold for internet-based games.
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).