6 Jul, 2021

Gambling News

Michael Dugher, the chief executive of BGC, has welcomed the news, saying that it will provide the economy a much-needed boost. "We strongly welcome the Government's intention to remove the remaining Covid restrictions on July 19," he said. 

It is especially encouraging news for the personnel at hospitality establishments like casinos who have endured lengthy closures and onerous restrictions. 

According to a report by Ernst and Young, casinos directly employ 11,600 people in the UK, and they paid the government £500 million ($692.5 million) in taxes annually before the outbreak.  

"Throughout the pandemic, casinos have spent millions of pounds on best-in-class anti-Covid measures," Dugher continued, "and they will continue to ensure their venues are as safe as possible, for customers and staff, once the remaining restrictions are lifted." 

Although the removal of safety precautions is welcome news, Dugher has encouraged ministers to also loosen travel restrictions in order to assist the tourist sector get off the ground.  

For this reason, Dugher believes that the return of international visitors will be a great plus. Casinos in London provide £120 million to the city's tourism industry.  

The present announcement, in his opinion, is adequate, and casinos look forward to contributing to the UK's post-pandemic economic recovery.  

The BGC executive is particularly happy to hear that race meets and other athletic events will once again be able to draw large audiences.  

This is fantastic news for the popular sports that the regulated betting sector supports, including racing, football, rugby league, snooker, and darts, according to Dugher. The lack of people has been a terrible blow, and I can't wait for the venues to once again securely operate at full capacity.

While this type of counterargument will always be inevitable during the epidemic, detractors will argue that a total lifting of limitations might be harmful if there is a future surge in cases.