Playtech slumps as two of its largest markets hit by coronavirus

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

REUTERS: Playtech on Thursday warned results for 2020 would be below market expectations as the coronavirus outbreak hurt the gambling software ...

REUTERS: Playtech on Thursday warned results for 2020 would be below market expectations as the coronavirus outbreak hurt the gambling software maker's two largest markets of Asia and Italy, sending its shares tumbling to an eight-year low.

The number of new coronavirus infections inside China - the source of the outbreak - was for the first time overtaken by fresh cases elsewhere on Wednesday.Asia revenue in February is expected to be 7 million euros due to the negative impact of COVID-19, the company said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong to announce largest budget in a decade amid protests, coronavirusHONG KONG (REUTERS) - Hong Kong is expected to announce its largest budget deficit in at least a decade on Wednesday (Feb 26) to cushion the shock of often-violent protests and the outbreak of a coronavirus on the recession-hit economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Hong Kong to announce largest budget in a decade amid protests, coronavirusHong Kong is expected to announce its largest budget deficit in at least a decade on Wednesday to cushion the shock of often-violent protests and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Coronavirus market plunge is 'tip of the iceberg', US Democratic presidential candidate Warren warnsWASHINGTON (BLOOMBERG) - Democratic presidential candidate Elizabeth Warren said the 1,800-point plunge in the stock markets this week is only the 'tip of the iceberg' of a growing economic threat from coronavirus and accused the Trump administration of 'bungling' its response to the outbreak.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Chinese football transfer market collapses in face of coronavirusA double blow of the coronavirus and a new salary cap has seen the bottom fall out of Chinese football's transfer market, while Odion Ighalo led ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Bank of Korea stands pat despite coronavirus hit to growth viewSEOUL (BLOOMBERG) - The Bank of Korea downgraded its growth forecast for the year on Thursday (Feb 27) amid mounting evidence of an economic hit from the coronavirus, but left its key interest rate unchanged.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Petition to impeach Moon over South Korea handling of coronavirus, as cases hit 1,261SEOUL - More than 730,000 people in South Korea have signed a petition to impeach President Moon Jae-in over what they claim is the government's mishandling of the outbreak of Covid-19 in the country. The number of infections continued to surge, hitting 1,261 Wednesday (Feb 26).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »