BGC response to Chancellor's statement
Responding to the Job Support Scheme announced by Rishi Sunak in his Winter Economy Plan, Michael Dugher, chief executive of the Betting and Gaming Council, said:
"The Chancellor has gone some way towards providing support for casinos, who are an important part of the hospitality, leisure and tourism industries that will help power the country’s economic recovery. We asked for his help and we’re pleased that he has listened.
“However, given the unique challenge that the curfew presents to an industry which does between 50 and 70 per cent of its trade after 10pm, the package as it stands does not alleviate much of the sector’s concerns. Casinos have suffered considerable blows in recent days and weeks and will need all the support they can get to be able to play their part in the recovery of towns, cities and communities.
“The wage subsidy scheme will help in some way as the industry continues to reel from the curfew restrictions. Operators would far rather be able to trade than rely on subsidies but after a gruelling few days this is some respite.
“Casinos are very proud of the high numbers of viable jobs that they sustain and now have a better chance of emerging on the other side of this curfew period, thanks to the Chancellor’s scheme.”