Day: 3 August 2020

Latest Delay in Casino Reopening Could Cost the Industry 6,000 Jobs, Gambling Venue Owners Say

Mon 3 Aug 2020 10.20 Olivia Cole
Latest Delay in Casino Reopening Could Cost the Industry 6,000 Jobs, Gambling Venue Owners Say

Gambling companies’ owners have warned that the last-minute decision of Prime Minister Boris Johnson to once again postpone the reopening of casino venues in the country could jeopardise up to 6,000 jobs in the sector. Gambling bosses, along with the trade body representing the companies, the Betting and Gaming Council (BGC), described the Prime Minister’s actions as swindling a wrecking ball through the industry after the official plans associated with the much-awaited reopening of casinos on August 1st were put on hold again. The British Government has made a change…

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Australian Gamblers Boosted Global Gambling Companies’ Earnings during Coronavirus Lockdown

Mon 3 Aug 2020 6.15 Daniel Williams
Australian Gamblers Boosted Global Gambling Companies’ Earnings during Coronavirus Lockdown

Problem gambling in Australia seems to have been beneficial for some of the largest corporate bookmakers on a global scale during the coronavirus pandemic, a trend that has fuelled fresh criticism of the federal government’s policy and calls for stricter measures to be adopted. A number of offshore gambling operators have revealed a significant increase in their proceeds during the period from April to the end of June 2020. They have also reported an increase in their share prices since the beginning of the global coronavirus crisis. In July 2020,…

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