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Maltese online casino software innovator EveryMatrix Software Limited has announced that the portfolio of virtual sports games offered via its CasinoEngine iGaming platform has recently been expanded.Prominent online casino and sportsbook operator GVC Holdings has warned investors that its annual earnings before interest, tax, depreciation and amortization could fall by as much as ￡150 million (5. It stated that a similar shutdown in the United Kingdom could cost it an additional ￡50 million (....

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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.’Overriding optimism:But, Kenneth Alexander (pictured), Chief Executive Officer for GVC, used the press release to declare that his firm ‘retains a strong balance sheet’ as well as an undrawn revolving credit facility worth in the region of ￡550 million (5.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....

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