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UK Casinos Urge Chancellor to Let Them Re-open This Month

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UK Casinos Urge Chancellor to Let Them Re-open This Month
UK Casinos Urge Chancellor to Let Them Re-open This MonthReading Time: 2 minutes

 

Casinos in the UK have urged Rishi Sunak, Chancellor of the Exchequer, to allow them to reopen this month to help kick-start the local economy and contribute tax revenue.

The venues were dealt a huge blow last month when ministers ruled that they could not open their doors again on July 4, having been closed since the start of lockdown in March.

 It meant that thousands of casino staff remained on furlough – costing the Exchequer around £5m a week. The closures mean the Treasury is also missing out on vast revenues, with casinos last year paying £5.7m each week in tax and duties.

 Casinos have invested heavily to ensure their premises are covid-secure, with measures such as perspex screens, santisation equipment and sophisticated track and trace systems, as well as introducing other changes and strict social distancing measures.

 In an open letter to the Chancellor, Betting and Gaming Council chief executive Michael Dugher says the sector is ready to help get the UK economy back on its feet again as soon as it gets the green light from the Government.

 Mr. Dugher says: “The UK casino sector were sorely disappointed not to be included in the list of industries allowed to reopen on 4 July.

 “The support from HM Treasury, such as the Job Retention Scheme, has been extremely welcome, however support for casinos is costing the Exchequer around £5 million per week while they are closed.

 “Casinos want to get back in business and once again contributing to the economy, not costing the Exchequer money. Last year, casinos paid over £5.7m million in tax per week.

 “With phased reductions in wage support kicking in soon, there is however a real fear that if reopening doesn’t happen in July there will be severe damage caused to the casino industry.

 “To our knowledge, casinos have met all Covid safety requirements and yet they are still not permitted to open. We urgently ask for your help to get casinos reopened and back to contributing to the UK economy.”

 The letter adds: “The cost of remaining in a reopening ‘holding pattern’ is significantly higher as it means businesses are kept in a state of preparedness, including maintaining the premises for reopening, cleaning, restocking supplies and staffing.

 “Having made the necessary preparations for a July reopening, casinos are ready and able to open at the earliest opportunity. We would greatly appreciate any help you can give to get our businesses back open and contributing to the UK economy.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UK Casinos Urge Chancellor to Let Them Re-open This Month

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights

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Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.

PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.

Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”

Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”

The post Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights appeared first on European Gaming Industry News.

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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years

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As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.

This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.

The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.

Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.

The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.

Event Details:

  • What: Premiere of “Memories of CS:GO – The Early Years”
  • When: March 26th, 2024, at 21:00 CEST
  • Where to watch: Red Bull Gaming’s Youtube Channel
  • The “CS:GO Memories” documentary can be viewed shareit.redbull.com

 

The post Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years appeared first on European Gaming Industry News.

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Ten Square Games ready for a new development opportunities in 2024

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2023 ESPI package

The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)

2023 Consolidated Financial Statement

2023  Management Board Report on Activities

Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements

Link to the stream

Link to the chat with individual investors

Presentation

Factsheet

Financial data

Transcription of the conference and Q&A session

For complete press release visit tensquaregames.com

The post Ten Square Games ready for a new development opportunities in 2024 appeared first on European Gaming Industry News.

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