Daily news

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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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    Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.

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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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    Gambling tech giant Playtech has revealed it was able to perform as expected in the first quarter, experiencing a strong trading period despite its business being impacted by the novel coronavirus (Covid-19) pandemic.

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    Exclusive data from H2 Gambling Capital lays bare the decline in British betting and gaming gross win as a result of novel coronavirus (Covid-19), though iGB's principal data partner suggests the igaming sector should help the sector rebound.

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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.