Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.
William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.
Australian gambling operator Tabcorp expects to post a year-on-year drop in net profit after tax for its 2020 financial year, primarily due to the impact of the novel coronavirus (Covid-19) pandemic on its business.
The British Horseracing Authority (BHA) has announced that it plans to increase minimum prize money levels from September, with the appearance money scheme, designed to deliver more value for mid- and lower-tier trainers also set to resume that month.
La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year.
The New South Wales Independent Liquor & Gaming Authority (ILGA) has put in place a number of temporary measures for gaming machines in an effort to help venues in the Australian state impacted by the novel coronavirus (Covid-19) pandemic.
Betting shops in Scotland have been ordered to switch off their gaming machines in an apparent U-turn by the country’s government, which last week announced that it was to remove the controversial ban.
Veteran industry executives Perry Stasi and David Schugar have established a new consulting and compliance group to help operators keep players and staff safe as businesses reopen following the novel coronavirus (Covid-19) shutdown.
The Betting and Gaming Council (BGC) has warned the Scottish government that thousands of jobs in the gambling sector are at risk unless it grants business rates relief to betting shops in the country.
GVC Holdings has reported an 11% year-on-year decline in revenue for the first half of 2020, though outgoing chief executive Kenneth Alexander hailed the strong performance of the operator’s online business during the period.
Betting shops in Scotland will be able to ditch post-lockdown restrictions imposed by the Scottish Government from later this month which have already been attacked as "unnecessary" by industry associations.
The Hong Kong Jockey Club (HKJC) has closed seven off-course betting facilities (OTBs) and delayed the relaunch of Mark Six lottery draws after a resurgence of novel coronavirus (Covid-19) in the Chinese special administrative region.