Posts From: April 2020

GVC reports £50 million a month hit from outbreak COVID 19

GVC Holdings said that the company is benefiting from mitigating actions against the coronavirus, but added it will no longer pay its second interim dividend. The global sports-betting and gaming...

Business News
Denise Coates announces £10m donation to Covid-19 relief efforts

University Hospitals of North Midlands is delighted to confirm that Denise Coates Foundation has awarded a £10 million grant to UHNM Charity to support its staff and patients during the...

Business News
UK regulator suspends two licenses over ‘self exclusion issues’

The UK Gambling Commission suspended the licences of two online operators with immediate effect and commenced reviews for failure to fully integrate the self-exclusion scheme GAMSTOP. All online operators were...

Business News
AGA issues interim guidelines for Paycheck Protection Program

The American Gaming Association President and CEO Bill Miller released the following statement on the interim regulatory guidelines issued by the Small Business Administration for the Paycheck Protection Program. “The...

Business News
IGT puts 2300 employees on furlough

The COVID-19 pandemic has had a significant impact on many of IGT’s customers and markets we serve. Our priority is to protect the health of people, while we take responsible...

Business News
Kindred Group cancels planned dividend payment

Kindred has had a good start to the year with gross winning revenue for the first quarter of 2020 estimated to be in the range of GBP 247-252 million (Q1-2019:...

Business News
LeoVegas completes migration to own in-house platform

LeoVegas operates several brands in the UK under the collective name of Rocket X. During the first quarter of 2020 these brands, including 21.co.uk, Bet UK and Pink Casino among...

Business News
Arrow&Square offers COVID 19 advice for iGaming B2B comms

Arrow&Square, a B2B comms and content consultancy with a footprint in Malta and London, is offering free advice for iGaming companies whose marketing communications activity for 2020-2021 has been disrupted...

Business News
OPAP expects ‘significant’ revenue loss due to COVID-19

OPAP, Europe’s fourth-biggest betting business, said it had seen almost all its revenue wiped out by the closure of its outlets due to a coronavirus lockdown in Greece and Cyprus....

Business News
IBIA reports 61 cases of suspicious sports betting

The International Betting Integrity Association (IBIA) reported 61 cases of suspicious betting to the relevant authorities during the first quarter (Q1) of 2020. The total is 36% higher than the...

Business News