Did you know? Skift has newsrooms in New York and London and full-time editors in Singapore, Los Angeles, and San Francisco, too. South Africa’s Tsogo Sun Hotels on Friday reported a 9% fall in annual core earnings and did not declare a final dividend, due to a sharp drop in local and international travel amid the coronavirus pandemic. Tsogo Sun said earnings before interest, income tax, depreciation, amortisation, rent, long term incentives and exceptional items (EBITDAR) for the year ended...

(Reuters) - Online gambling firm 888 Holdings (888.L) on Wednesday flagged growing risks of gambling-related harm as more stuck-at-home Europeans bet online amid nationwide lockdowns to curb the spread of the coronavirus. The company did not give hard figures for its performance since the lockdowns took hold across Europe in March, but said that as a purely online operator, it was “confident” of managing the business challenges they present. The company’s shares fell 7.2% to 132 pence in...

DUBLIN, March 16 (Reuters) - The owners of gambling brands Paddy Power, Betfair, Ladbrokes and William Hill warned on Monday of a big hit to earnings because of an unprecedented shutdown of global sports events caused by the coronavirus, hammering shares across the sector. Flutter Entertainment Plc , which operates the Paddy Power and dominohalo Betfair brands, estimated that it would face a 90 to 110 million pound ($111 million-$136 million) impact on full-year earnings if curbs on sports...

(Reuters) - Cineworld (CINE.L) said the coronavirus outbreak had not hurt its movie theatre admissions as it sought on Friday to reassure investors after the global release of the new James Bond movie was delayed. Shares in Cineworld were down 5% on Friday, after falling as much as 24% on Thursday and hitting a seven-year low, after the postponement of the Bond film “No Time to Die” by seven months due to movie theatre closures in China. “Although the release of the new Bond movie has been...

(Reuters) - InterContinental Hotels(IHG) warned on Tuesday that fewer travellers are booking its rooms in China because of the coronavirus outbreak. The owner of the Holiday Inn chain has been highlighted by analysts as among the European companies most directly exposed to the epidemic. The group had begun to see an impact on bookings in late January and has now closed or partially closed 160 of its 470 hotels in Greater China, it said on Tuesday. The company’s annual results on Tuesday...