Sergio Mattarella, Italy’s head of state, has signed an economic relief package to offload businesses and people affected by the coronavirus. Until the end of May, the “Curia Italia” package will allow several sectors, together with the country’s land-based gaming industry, to benefit from the delayed payment of taxes and license fees. This also applies to Bingo operators and Video Lottery Terminals.
Despite an uptick in online activity, several operators have been hard hit by the retail shutdown. In an update, Playtech said that Playtech’s Poker and Bingo businesses have seen increases in activity in recent days following the restrictions on physical movement put in place by various governments. The Company believes there is a risk that player behavior changes, the longer the COVID-19 situation continues.
Playtech added that Playtech’s facility in the Philippines had been closed with traffic being redirected to other facilities. He confirmed that there is a risk that these facilities will need to close in the future even as its facilities in Riga and other locations currently remain operational.