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.
Credit ratings agency Standard and Poor’s has downgraded Spain, Italy and Latin America-facing operator Codere’s credit rating for the fifth time in just over nine months, indiciating default is a “virtual certainty”.
Live casino specialist Evolution Gaming announced today (21 July) that it has signed an agreement with gaming operator and supplier Intralot, to provide live casino services to its customers across Intralot’s entire partner network, covering 44 regulated jurisdictions globally.
Affiliate giant Catena Media has said that it expects to achieve record revenue and profit in the second quarter of 2020, despite its business being affected by the novel coronavirus (Covid-19) pandemic.
Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.
The Swedish Gaming Inspectorate’s (Spelinspektionen) latest report on gambling amid the novel coronavirus (Covid-19) pandemic warns that the impact of the crisis on problem gambling figures will not be apparent until later in 2020 at the earliest.
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.