Caesars Entertainment Corporation has announced that it has furloughed around 90% of its total workforce in response to the temporary shutdown of its casino properties due to the novel coronavirus (Covid-19) outbreak.
Sweden’s former gambling monopoly Svenska Spel has announced a series of measures to help the business mitigate the novel coronavirus (Covid-19) pandemic, including cancelling a proposed dividend and furloughing the vast majority of its casino staff.
The executive leadership of Scientific Games has voluntarily reduced its salaries by 50%, with chief executive Barry Cottle going without pay, as part of the solutions giant’s efforts to mitigate the novel coronavirus (Covid-19) pandemic.
The Gambling Related Harm All Party Parliamentary Group (APPG) has called on the British gambling industry to impose a £50 daily spending limit for customers during the novel coronavirus (Covid-19) pandemic.
The Italian government’s decision to effectively put the country into lockdown in a bid to stop the spread of novel coronavirus (Covid-19) has the potential to have a major impact on Italy’s retail gambling sector, industry observers have noted.
Gambling industry trade association the Betting and Gaming Council (BGC) has called on the UK government to make exemptions for employees in the casino industry as it develops its new points-based immigration system for the country.
H2 Gambling Capital expects the outbreak of the novel coronavirus (Covid-19) to lead to a decline of up to 8% in global gambling gross win in 2020, only the second time annual revenue will have fallen in 20 years.