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.
Bosnia-based igaming solutions provider NSoft has announced that it will offer its portfolio of virtual and draw-based games free of charge to help operators mitigate the impact of novel coronavirus (Covid-19) on their businesses.
The British Horseracing Association (BHA) has announced that scheduled racing events will continue to take place, albeit without spectators and with restrictions on the number of attendees, as a result of the novel coronavirus (Covid-19) pandemic.
William Hill has announced that it expects a material impact on revenue and earnings from the novel coronavirus (Covid-19) pandemic, and has therefore suspended its 2019 dividend to retain financial resources within the business.
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.
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.
Mybet, the German-facing betting and gaming brand that relaunched last year, has been named the exclusive sportsbook partner of the country’s top ice hockey competition, the Deutsche Eishockeyliga (DEL).
The Gambling Research Centre of the German University of Hohenheim claims "major improvements" are required if the new state gambling regulator to be established under the country's new gambling regulations is to avoid being a “toothless tiger”.
The International Betting Integrity Association (IBIA) has warned that plans to restrict betting on rule violations in Sweden, runs the risk of pushing players to offshore operators and in turn actually increasing the threat posed by match-fixers.