Business News and Headlines
Business
March 25, 2020
Philippine Gov. Aided by PAGCOR with PHP6bn to Help Fight COVID-19
The Philippine government will be aided by PAGCOR with an additional PHP6 billion to help contain the COVID-19 pandemic in the country. Additional Funds Released for the Philippine Government Earlier this month the Socio-Civic Projects Fund (SCPF) of the Office of the President of the Philippines received funding from The Philippine Amusement and Gaming Corporation […]
Business
March 24, 2020
Former MGM Resorts CEO to Lead Coronavirus Task Force in Nevada
Last Sunday, Steve Sisolak announced the formation of a statewide task force that will be responsible for the state’s efforts to mitigate the spread of COVID-19. Referred to as the COVID-19 Response, Relief, and Recovery Task Force, the team will not only help in the efforts to fight the virus but it will also be […]
Business
March 23, 2020
Loto-Quebec: No More Physical Ticket Sales, Online Operations Continue
Loto-Quebec has issued an update that it is suspending the physical sales of tickets and closing down its terminals across the province, as a response to the measures of the province government aimed at halting the spread of the coronavirus /Covid-19/. The lottery ticket provider will continue its online sales and will coordinate with other […]
Business
March 23, 2020
UK iGaming Operators Asked to Impose Temporary Betting Limits
Retail gambling in many parts of the world has come to a standstill, a situation that has resulted in a massive surge in online gambling activities. The online casino operators have been making a killing since most gamblers have had to resort to online gambling due to the closure of retail betting facilities. While many […]
Business
March 22, 2020
UK Government Forces Temporary Closure Of Betting Shops
Betting shops in the UK are closing down for a period of two weeks, after the latest set of unprecedented guidelines to combat the outbreak of coronavirus /Covid-19/ spread put them in the group of non-essential businesses, alongside casinos, cafes, pubs, leisure centers, cinemas, and museums, that were asked to stop operations with immediate effect. […]
Business
March 22, 2020
Crown Melbourne Casino Main Gaming Floor Would Have To Close
One of the few surviving the coronavirus /Covid-19/ spread-halting measures casino in the world, Crown Resorts’ casino in Melbourne, has been forced to shut down its main gaming floor by authorities in Victoria, to firm up their efforts to contain the virus. Casino Gaming Was As Much Essential As Supply Stores Initially, the government in […]
Business
March 21, 2020
PAGCOR Shuts Online Gaming to Fight Covid-19 Outbreak
The Philippines national gaming regulator has warned all iGaming operations to shut down activities by noon on March 21, 2020. The measure is part of the broader effort to bring the spreading of COVID-19 under control. PAGCOR Orders All Gambling, Including iGaming to Stop The Philippine Amusement and Gaming Corporation has issued a new ordinance […]
Business
March 20, 2020
Flutter Warns Affiliates Regarding Coronavirus-Related Marketing Content
The gaming industry is experiencing unprecedented times as government and health officials raise the alarm for the coronavirus /Covid-19/ spread, asking for as much isolation as possible to halt the outbreak, as a result of which almost all land-based gaming facilities close down. Affiliates Should Behave For online operators, shutting down brick-and-mortar venues means an […]
Business
March 20, 2020
Greentube Extends Footprint in Spanish Market
Greentube, a division of NOVOMATIC Interactive, is one of the world’s most accomplished online casino technology solutions developer. Its products and services are already being used by a number of reputable gambling brands in several different jurisdictions. The company has been quite aggressive in its pursuit of growth and this bid has seen it ink […]
Business
March 17, 2020
William Hill Expects “Material” Covid-19 2020 Revenue Impact
A third company from the gambling industry, William Hill, within the space of several days has issued an update to its customers, employees and investors, regarding the ongoing effects of the coronavirus outbreak and the measures it has undertaken to mitigate impact on the company financials. “These are truly unprecedented times but William Hill has […]