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uk and used an official Monday press release to explain that the decline is due to the fact that the coronavirus outbreak has led to the cancellation or delay of a number of this year’s live sporting events including the UEFA European Football Championship, the Six Nations Championship and the Royal Ascot horseracing extravaganza. Preceding triumph:Headquartered on the Isle of Man, GVC Holdings had earlier detailed a rise of 5% year-on-year in net gaming revenues for the seven weeks to February 23 with associated online takings improving by 16%. However, the firm revealed that approximately 45% of such earnings in 2019 had come from live sporting events with these activities moreover accounting for some 43% of its total online income. Termination trepidation:GVC is moreover behind British sportsbook giant Ladbrokes Coral Group and was recently forced to shutter its land-based betting shops in Belgium and Italy for three months due to concerns over thlotsa slots free coinse spread of the potentially-fatal coronavirus strain. It stated that a similar shutdown in the United Kingdom could cost it an additional ￡50 million (. Online Casino 5 million) per month, which would encompass around ￡20 million (. 4 million) in associated ‘employment costs.

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