Betting technology supplier Sportech says efforst to reduce operational costs in the first half of its fiscal year helped to partially offset a “severe” decline in revenue, caused by the novel coronavirus (Covid-19) pandemic.
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.
Flutter Entertainment has announced it is to reopen all of its Paddy Power retail shops across England and 150 locations in the Republic of Ireland from 15 June, after its network was shuttered due to the novel coronavirus (Covid-19) pandemic.
GVC Holdings has announced plans to reopen all 2,445 of its Ladbrokes and Coral betting shops in England from 15 June, in line with the UK’s government’s easing of restrictions related to the novel coronavirus (Covid-19) pandemic.
Finnish gambling monopoly Veikkaus has said it is yet to make a decision about the reopening of its gambling venues, with all facilities and slot machines set to remain out of action for the foreseeable future.
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.
New Zealand’s Racing Industry Transition Agency (RITA) will cut 230 jobs, including 150 permanent staff, at the Totalisator Agency Board (TAB) as a result of the disruption caused by novel coronavirus (Covid-19).
GambleAware has called for authorities to increase and expand the amount of help available to problem gamblers in the UK after new research found that almost half of affected players are choosing not access treatment or support.
Newgioco Group has announced that it is to begin reopening physical webshop locations across the country after the national government relaxed some of its measures related to the novel coronavirus (Covid-19) pandemic.
Sazka Group believes it is coming to the end of the disruption caused by the novel coronavirus (Covid-19) pandemic, but says the rapidly evolving situation makes it difficult to determine the crisis' economic impact on the business.