27 March 2020

Covid-19 forces SIS into “hibernation mode”


The suspension of almost all live racing and closure of retail betting shops worldwide as a result of the novel coronavirus (Covid-19) pandemic has forced Sports Information Services (SIS) to shut down all non-essential services and furlough a significant number of staff.

The betting data and software provider explained that it had taken the step to protect its long-term future, and ensure it would be able to resume normal service for customers and partners when appropriate.

During the shut-down, it will continue to supply online content to operators when available, though all retail solutions will be suspended.

“SIS is moving into an interim period of hibernation in these extraordinary times,” chief executive Richard Ames said. “I am pleased to be able to confirm that our intention is to come back just as strongly as before and to be back up and running to serve the needs of our customers as soon as live racing content returns to action.   “We are taking this action to protect the business and to preserve the jobs of our hard-working team,” he explained. “I thank each of them for their fantastic commitment to continuing to service our content partners and customers throughout the last challenging weeks and look forward to welcoming them back into the business as soon as possible.”
OTHER NEWS

Flutter Entertainment Plc has this afternoon confirmed that it plans to sanction a private placement of 8 million corporate shares made available to ...
Bitcoin sportsbook and casino Cloudbet has made its first foray into stablecoin betting after confirming the addition of USD Tether to its portfolio o...
Playtech will implement a review of the ‘group’s position’ led by Interim chair Claire Milne, in response to the UK Gambling Commission (UKGC) p...
New South Wales Police have charged two individuals in connection with a NRL Dally M Medal Awards betting scandal.Reported on the Sydney Morning Heral...
Embattled Codere SA has published its Q1 2020 trading statement, declaring group-wide losses of €97m as the company continues to seek vital funding ...
Flutter Entertainment announced plans to accelerate its US expansion and reduce debt through an equity placement that could raise upwards of £900m, a...
English Premier League clubs have provisionally agreed to resume play from 17 June, 100 days since the competition was halted due to the novel coronav...
Lithuania’s land-based casino industry faces a “very high” risk from money laundering, while the remote gambling sector faces a high risk, accor...
DraftKings is to add live streams of sporting events to its mobile sportsbook application after expanding its partnership with sports data and content...
A bill to arrange a parish-by-parish referendum on whether to legalise sports betting in Louisiana has been passed by the state House of Representativ...
The Gambling Commission has revealed that Playtech will remain part of its industry working groups tasked with developing new standards for safer gamb...
Gambling software provider GAN has agreed a deal to support Cordish Gaming Group, the global gaming division of Cordish Companies, with the launch of ...