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.
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.
GVC Holdings has reported a year-on-year rise in revenue for the first quarter, despite business slowing down due to the novel coronavirus (Covid-19) global pandemic, but has chosen to cancel a planned dividend payment due to ongoing uncertainty over the outbreak.
The New York State Gaming Commission has reported a month-on-month rise in sports betting revenue for March, despite the state’s market being impacted by the novel coronavirus (Covid-19) global pandemic.
Nevada casinos and other brick-and-mortar gambling locations are to remain closed until at least April 30 after the state’s Governor Steve Sisolak extended temporary measures to slow the spread of novel coronavirus (Covid-19).
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.
Caesars Entertainment UK (CEUK) has agreed to pay a record settlement worth £13m (€14.7m/$16.1m), after the GB Gambling Commission ruled it had breached a number of social responsibility, money laundering and customer interaction regulations related to VIP customers.
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.
The British Gambling Commission has set out five key priorities for its 2020-21 business year, saying that it will aim to introduce new regulatory requirements by the end of the year's second quarter, which ends on 30 September, 2020.
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.