Daily news

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    The Casino Cosmopol subsidiary of Svenska Spel has announced the launch of a new initiative to help furloughed staff retrain as healthcare workers during the novel coronavirus (Covid-19) outbreak.

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    The Rank Group has reported a 5% year-on-year increase in statutory revenue for the third quarter, despite the business being impacted by the ongoing novel coronavirus (covid-19) outbreak.

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    Scientific Games has said it expects to save more than $100m from cost-saving measures it has rolled out to help reduce the impact of the novel coronavirus (Covid-19) on the business.

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    Land-based gambling operator Boyd Gaming has set out a number of additional measures to mitigate the financial impact of the novel coronavirus (Covid-19) pandemic, including placing most of its staff on unpaid furlough.

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    International Game Technology (IGT) has named Dorothy Costa as its new global head of people and transformation, while it has also appointed Mario Di Loreto as an executive vice president and senior advisor to group chief executive Marco Sala.

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    Australian gambling operator Tabcorp has announced that is it to furlough more than 700 of its staff until 30 June as part of its strategy to mitigate the impact of the novel coronavirus (Covid-19) outbreak.

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    The Belgian Gaming Commission (BGC) has announced the appointment of Magali Clavie as its new president.

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    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.

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    The Illinois Gaming Board has announced that a temporary suspension on brick-and-mortar gambling in the state due to the ongoing novel coronavirus (Covid-19) crisis will be extended to April 30.

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    The European Casino Association (ECA) has announced the appointment of Hermann Pamminger as its new secretary general with immediate effect.

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    Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.

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    iGaming operator and supplier Newgioco has reported a decline in sports betting revenue in March, though this has been mitigated in part by growth in other verticals.

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    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.

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    Betiton, a new igaming operator founded by a former Aspire Global executive, has launched on Aspire’s platform.

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    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.

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    Penn National Gaming (PNG) has taken measures to mitigate the effect of the novel coronavirus disease (Covid-19) on its business, selling and leasing back its Tropicana Las Vegas property and furloughing around 26,000 staff members.

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    Finnish gambling monopoly Veikkaus has decided to extend the shut-down of its arcades and slot machines hosted in retail outlets prompted by the novel coronavirus (Covid-19) pandemic indefinitely.

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    Standards body the Betting and Gaming Council (BGC) has published a new ten-point action plan to ensure its members keep customers safe during the novel coronavirus (Covid-19) crisis.

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    British Gambling Commission chief executive Neil McArthur issued a message to online gambling operators, reminding them of the importance of consumer protection and responsible marketing amid the effects of the novel coronavirus (Covid-19)

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    The American Gaming Association (AGA) has hailed the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act through the US Senate, saying it would help prop up the gaming industry during the novel coronavirus (Covid-19) pandemic.

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