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Could Sun International Hotels And Casinos Be Set To Profit Amid Coronavirus Outbreak?
As the global economy begins to suffer, many businesses have taken the hit as people all over the world are told to avoid unnecessary travel. In this article, we will be looking into the effects that these restrictions are having on numerous industries around the globe.
The Affect Of Coronavirus On The Global Market
At this moment in time, the outbreak has taken a toll on several national economies as well as the global economy. With the FTSE dropping by 33% with a number of the world’s leading banks cutting interest rates to prevent this. This 33% drop equates to as much as £130bn wiped from the value. This is hugely problematic for not only individuals but small businesses that have had to close down as a result of Covid-19.
However, with several announcements from the US and British government, the stocks have continued to see a downward trend. The Dow Jones index closed 12.9% down after President Trump said that the country may be heading for a recession as a result of the Covid-19 outbreak. Though, as further regulations are put in place to combat the spread of the virus, we may well continue to see the stocks drop dramatically in price as a result.
The National State Of Disaster In South Africa

Image by OpenClipart-Vectors from Pixabay
As the virus begins to spread around the world, the South African president declared a national state of disaster within the country. With this came travel bans for those from the U.S, UK Italy, China, Germany South Korea, Iran and Spain. Though this has been declared in the country, there are several industries such as online gambling in Casinos.co.za and casinos are continuing to thrive. Though this is looking promising at this time, many industry experts suggest that this could be a problem in the near future. However, as several businesses continue to close around the world, Covid-19 could be problematic for a number of these businesses that are currently thriving as people begin looking to spend their money elsewhere.
The Current State Of South African Gambling Giant Sun International
As of Monday south African hotel and casino, Sun International reported that they have seen a 91% jump in the adjusted full-year earnings despite the ongoing issue of Covid-19. However, the company has said that they are preparing for the worst when it comes to the impact that the virus could have on their business. As they also have hotels and casinos in Latin America the company saw income rise by a total of 4% to 17.2 billion. However, with travel bans and the sheer number of Coronavirus cases, this is set to change dramatically.
The Recent State Of Affairs
However, as restrictions tighten and the number of confirmed cases rises, it is the hospitality industry that is set to suffer. As people all over the world are advised to avoid social gatherings and unnecessary travel, the company have seen a drop in the stock price of 13.17%. This is a huge loss in volume for the company, however, it is not unexpected as this is occurring within a huge number of industries as this continues.
Whether you are experiencing a drop yourself or you are looking at the current state of the economy at this time, there is plenty that has been affected by the ongoing Covid-19 pandemic.
Casino Content
Habanero launches Nuwa Deluxe slot with variable paylines and two-tier free spins
Habanero has launched Nuwa Deluxe, a 5×3 slot themed around Chinese mythology. The game introduces a variable payline system and a progression-style Free Games feature that can unlock a second-tier bonus, according to the supplier.
In the base game, paylines can upgrade at random on any spin, moving from 28 to 38, 58 or 88 active lines. The title also includes expanding Wilds that cover the entire first and third reels.
During Free Games, players collect five element symbols. Completing the set during the round unlocks Super Free Games, where full-reel Wilds are guaranteed on two reels on every spin.
Habanero said Nuwa Deluxe supports its Jackpot Race
and Buy Feature. The launch follows recent releases Steampunk Plinko and Raiden Shogun.
Toni Karapetrov, Head of Corporate Communications at Habanero, commented: “Nuwa Deluxe is an exciting new release that boasts a variable payline system to keep engagement high at the base game, while the element collection mechanic in free spins gives players something to work towards beyond simply triggering the bonus.
“The Super Free Games tier is where the action really kicks in with guaranteed full-reel Wilds on every spin. It is another strong addition to our portfolio and one we expect to have a genuine impact with players.”
The post Habanero launches Nuwa Deluxe slot with variable paylines and two-tier free spins appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
BetVictor
BetVictor Launches 100/1 England World Cup Offer
BVGroup’s flagship brand, BetVictor, has launched a new World Cup promotion offering new customers an enhanced 100/1 odds on England to win this summer’s tournament, as excitement continues to build ahead of football’s biggest stage.
The enhanced price forms part of BetVictor’s wider World Cup campaign, with the brand set to roll out a range of offers, odds boosts and engagement activations throughout the tournament.
With England widely viewed as one of the strongest teams heading into the competition, BetVictor’s latest campaign is designed to tap into growing excitement around the Three Lions and the return of international football’s biggest stage.
The campaign is being supported by a bespoke TV advert, alongside radio and OOH activity, as BetVictor continues to expand its football-focused marketing around major sporting events.
BetVictor spokesman Sam Boswell said: “We know everyone’s favourite thing when having a flutter is getting a bit of value, which is exactly why we’re offering new customers 100/1 on England to finally bring football home this summer. It’s a huge price for what we hope could be a massive moment for the Three Lions and their fans. All our existing players will also get to join in the fun with exciting Super Boosts and Odds Boost tokens throughout the tournament which promises to be bigger and better than any World Cup we have seen before.”
The enhanced 100/1 offer is available for a limited period via the BetVictor app and website.
The post BetVictor Launches 100/1 England World Cup Offer appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
executive-moves
Yaspa hires Justin Fears as US Director, Enterprise Sales
Yaspa has appointed US fintech and gaming executive Justin Fears as US Director, Enterprise Sales, as the company pushes further into North America. The company said Fears will be based in its Atlanta office and will lead strategic commercial growth across the region.
Yaspa said Fears will focus on working with gaming operators to modernise payment experiences using real-time bank payments and transaction intelligence, and will work with its US and global commercial leadership teams to scale partnerships and adoption.
Fears brings more than 18 years of experience across payments, fintech, SaaS, and AML compliance in the gaming sector, according to Yaspa. His previous roles include senior positions at Kinectify, First Data Corporation, Glory Global Solutions, DiTronics Financial Services, NEXGEN Technology, and CASINOMONEY. Yaspa also noted he is a United States Air Force veteran.
James Neville, CEO of Yaspa, said: “We’re delighted to welcome Justin to the team as we accelerate our footprint in the US market. His deep operational understanding of gaming-focused financial infrastructure, compliance technologies, and enterprise sales leadership makes him an incredible asset. Justin’s appointment further strengthens our local team and underscores our commitment to helping North American operators lower costs, reduce fraud, and elevate the player experience through open banking.”
Fears said: “I’m excited to join Yaspa at such an important stage in the company’s growth journey. The combination of open banking, innovative payment solutions, and intelligent transaction data represents a significant opportunity within the US iGaming market, particularly as operators continue to prioritise player experience, fraud reduction, and payment efficiency. Yaspa has built an innovative platform uniquely positioned to support the evolving needs of regulated operators, and I look forward to helping expand the company’s presence and strategic partnerships across the US.”
Yaspa said it was named winner of the Real-Time Payments Innovation award at the 2025 Payments Awards and was included in the CB Insights Top 100 Fintechs list in the past 12 months. The company also referenced a $12m investment round in July led by Discerning Capital, and said it has opened a new Atlanta office and a tech hub in Leeds, UK, in August 2025.
The post Yaspa hires Justin Fears as US Director, Enterprise Sales appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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