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The filing additionally read…“The group is well positioned to preserve its strong balance sheet metrics during this period including through the scaling back of capital expenditure. Around 200 roles will be removed permanently from the business, reflecting changed priorities. In addition, to further assist liquidity and position the group for post-coronavirus recovery, directors have decided to suspend its progressive dividend policy and do not intend to declare an interim dividend as part of the group’s half-year results scheduled to be released on May 21....


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Around 200 roles will be removed permanently from the business, reflecting changed priorities. Around 200 roles will be removed permanently from the business, reflecting changed priorities.”...


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ff around 1,000 full-time workers and cutting a further 200 roles permanently in hopes of saving about .ff around 1,000 full-time workers and cutting a further 200 roles permanently in hopes of saving about .3 million between now and the end of its financial year in September....


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The group is supporting all affected employees including with appropriate transition assistance and separation benefits, access to paid leave and preserving health coverage for United States staff in the case of stand-downs, counselling and assistance accessing government support where available.”Financial fitness:GGRAsia reported that the Australian innovator additionally used the filing to proclaim that its digital business is continuing to ‘perform strongly with higher bookings and player engagement evident across most of the portfolio’ and will likely account for approximately 40% of its aggregate annual revenues. It purportedly explained that it is to moreover temporarily reduce by up to 20% the base salaries of its board and roughly 1,500 other employees and cut remuneration for its Managing Director, Trevor Croker (pictured), by 30%....


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